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Velera Partners with Arroweye Solutions

Finovate

Payments credit union service organization (CUSO) Velera has turned to Arroweye Solutions for its dual interface debit and credit card portfolio. The multi-year partnership will provide faster speed to market and change orders, as well as zero inventory to avoid having to manage stores of pre-printed cards.

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CUs Saw Overall Credit Spending Drop 31.3 Pct in YOY Weekly Data, PSCU Says

PYMNTS

Credit union service organization PSCU has updated its weekly transaction analysis from Owner credit union members to reflect the impact of the coronavirus, finding that credit spending overall was down 32 percent while debit spending was down 11 percent. percent drop in credit and a 7.4

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PSCU Says CU Spending Up With Stimulus Funds Arriving

PYMNTS

Credit union service organization (CUSO) PSCU compared the week ending April 19, 2020, to the same time frame in 2019 to discover what impact the coronavirus is having on consumer spending and shopping trends. More people also used ATMs in the week ending April 19, with balance inquires up 8.9

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PSCU: Debit Card Spend Growth Above Historic Levels

PYMNTS

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. The week concluding May 10 ended with a higher rate of 21 percent for credit and 27.2

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Today In Digital-First Banking: Sea Purchases Indonesian Bank BKE; PSCU Extends Partnership With Fiserv

PYMNTS

In today’s top digital-first banking news, Singapore tech startup Sea has reportedly bought Indonesia’s PT Bank Kesejahteraan Ekonomi (Bank BKE), while credit union service organization (CUSO) PSCU has lengthened its payment processing collaboration with Fiserv. Singapore Tech Startup Sea Buys Indonesian Bank BKE.

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Credit Unions Find ‘Co-opetition’ Key To Closing The Innovation Gap

PYMNTS

One such innovation comes from credit union service organization (CUSO) PSCU , which recently released a desktop automation system to optimize CU call centers. million members in 2009 to 119.6 million in 2019. New technologies are being developed to continue this market growth.

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For Credit Unions, Doing The Right Thing Is Also Doing The Smart Thing

PYMNTS

“This is an area where I think credit unions can really hit the right spot for their members because they don’t really worry about a stock price or a quarterly number; they can do those things immediately in ways that are in their members’ best interests.”.