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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.
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. Security practices could also be greatly improved in open banking systems.
Creditunionserviceorganization (CUSO) CULedger is partnering with digital credential provider Autonomous Lending to offer next-gen digital credentials to its partner CUs. However, an increased emphasis on members’ emotions does not mean that CUs are falling behind technologically.
Reading the February 2020 CreditUnion Tracker ® done in collaboration with PSCU , we discover that Canadian creditunion Desjardins Group was hacked , impacting the records of 4.2 The government is holding feet to the fire over cybersecurity, and creditunions are expected to have the same protections as any bank.
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