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Payfinia has launched a new CreditUnionServiceOrganization (CUSO) to help creditunions modernize their payments experience. The CUSO is launching in partnership with Star One CreditUnion, which invested $4.5 million in the organization. million in the organization. .
PSCU , the creditunionserviceorganization (CUSO), announced on Monday (Feb. 24) that it is finishing up a proof of concept (POC) with CULedger and Baxter CreditUnion (BCU) for a blockchain-based decentralized identification platform.
is working to catch up, however, with several players in the banking industry, including a number of CUs, joining forces to create an API standard for all members of Nacha, the electronic payments association, which administers the Automated Clearing House (ACH) network.
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