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PSCU Expects To Issue More Than 3M Contactless Cards In 2020

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Payments credit union PSCU is prepared to handle what they predict will be a rush in 2020 to adopt contactless cards, the company said in a press release on Wednesday (Nov. In 2020, PSCU anticipates distribution of more than three million new contactless cards to 100-plus credit unions.

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PSCU: Owner CUs Saw Rising Debit, Credit Sales Volumes Over The Holidays

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Payments credit union service organization (CUSO) PSCU reported 11.4 percent year-over-year debit and credit overall same-store sales volume growth among its owner credit unions over the 2020 holiday season, according to a press release emailed to PYMNTS. percent) and credit (27.4

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PSCU Taps New Leaders To Advance Products, Innovation

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She will continue to report to Tom Gandre, executive vice president and chief operating officer. . “As As the nation’s premier payments credit union service organization [CUSO] and a leader in the credit union industry, PSCU is continuously looking for ways to meet and exceed the expectations of the credit unions we serve,” said Gandre. “As

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PSCU To Hold Virtual Member Forum Amid Pandemic

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PSCU will host its Virtual Member Forum 2020 from June 16 to June 17, bringing its largest yearly event to a digital environment in light of continued virus-related lockdowns. The credit union service organization (CUSO) has scheduled Virtual Member Forum 2020 to take place from 2 p.m. ET each day.

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Credit Unions Unite Behind Digital Banking

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Though the sector is considered healthy and well-managed, credit unions and the CUSOs (credit union service organizations) that support them with tailored offerings face upheavals in the next couple of years. Strong balance sheets in key areas like credit card debt ($64.4 A Small Change It’s Not.

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PSCU: Debit Card Spend Growth Above Historic Levels

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Credit union service organization (CUSO) PSCU compared the 19 th week of 2020, which concluded on May 10, to the same timeframe in 2019 to discover the impact of the pandemic on consumer spending and shopping trends. It is also encouraging that the growth observed spans most spend categories.”.

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PSCU: Consumers Choose Debit As Preferred Payment Amid Coronavirus

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Amid the coronavirus pandemic, PSCU compared transactions of its owner credit union members on a same-store basis between March 2019 and March 2020. percent drop.