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PSCU , a payments creditunionserviceorganization (CUSO), has rolled out its Digital Issuance solution in an effort to keep bolstering the creditunion (CU) member experience, according to a Thursday (Dec. 10) announcement.
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. They are now using it to verify their identities.
Many third-party applications rely on risky practices like data scraping, which records users’ login credentials and then uses those details to access customers’ FIs and examine their financial information. Member onboarding could also be accelerated, as members will no longer need to provide authentication to each of their FIs.
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