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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. .”
Paymentscreditunionserviceorganization (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.
Though the sector is considered healthy and well-managed, creditunions and the CUSOs (creditunionserviceorganizations) 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 billion), car loans ($382.9
Creditunionserviceorganization CULedger has debuted its financial exchange for creditunions using R3’s Corda blockchain technology, the firms said in a press release Thursday (Dec.
A new decade — and for creditunions (CUs), might this be the decade of data as a conduit of trust, a way to cement customer loyalty? The focus is on helping creditunions improve and enhance engagement with their members. Eyeing InstantPayments. we’re still in the early stages.”
Data from PYMNTS’ CreditUnion Innovation Index found that 60.8 percent of members would not leave their creditunions (CUs) for different financial institutions that offered the same services. percent desiring instantpayments innovations. Members do see room for improvement, however, with 42.4
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