Finextra

NOVEMBER 13, 2024

today launched the Payfinia Credit Union Service Organization (CUSO) to support payments modernization solutions and embedded fraud controls through an open payments platform for credit unions and industry partners. Payfinia, Inc.

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PYMNTS

JULY 25, 2019

A new report from payments credit union service organization PSCU revealed that its owner credit unions saw banner results from the promotional programs offered through PSCU’s Advisors Plus during the two-day shopping event.

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PYMNTS

APRIL 6, 2020

With over 58 percent of customers saying they’re “extremely” satisfied with credit unions (CUs) and nearly six in 10 saying they would stick with their CU even if it didn’t have all the bells and whistles of bank tech that competitors do, the bond between members and CUs remain strong. Innovate or Die’. And Finally, Fraud.

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PYMNTS

AUGUST 30, 2020

The team-up will help to speed up onboarding by improving connections between CheckAlt, core providers and credit unions or banks for LoanPay, the loan processing solution utilized by CheckAlt. CheckAlt also recently partnered with credit union service organization (CUSO) Tru Treasury to provide growth services for credit unions.

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PYMNTS

AUGUST 28, 2019

Among the most important questions to arise from that general trend is what credit unions must do to take advantage of that opportunity — more specifically, to move from in the wallet to top of wallet. This is a similar investment on the services side.” Without payments, a credit union goes back to being a savings and loan.”.

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PYMNTS

DECEMBER 27, 2019

These and other 19 th -century proto-cooperatives were the forerunners of today’s credit union (CU) community. Though the sector is considered healthy and well-managed, credit unions and the CUSOs (credit union service organizations) that support them with tailored offerings face upheavals in the next couple of years.

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PYMNTS

APRIL 29, 2020

The April 2020 New Payment Flows edition of PYMNTS’ Credit Union Innovation Playbook series, a PSCU collaboration, looks into the credit union (CU) space at a pivotal moment: Many concepts, from eating to shopping to traveling and, of course, how we pay, have changed forever. CUs value innovation that benefits members.

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PYMNTS

JANUARY 28, 2020

Credit unions (CUs) face stiff competition from banks, FinTech firms and other players in the financial industry, but they have several intrinsic advantages. Around The Credit Union World. The past decade was a period of slow but steady progress for credit unions. Total CU assets increased 7.4 CUs like St.

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PYMNTS

DECEMBER 5, 2019

Credit union service organization CULedger has debuted its financial exchange for credit unions using R3’s Corda blockchain technology, the firms said in a press release Thursday (Dec. CUPay was first announced earlier this year in partnership with Luxoft.

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PYMNTS

JANUARY 26, 2021

The January Credit Union Tracker® explores the latest development in the credit union (CU) sector, including an examination of why it is so important for CUs to expedite their digital transformations and how they can help accommodate pandemic-induced challenges. Around The Credit Union Landscape .

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Credit Union Contactless Payments Online and Mobile Banking Credit Union Service Organization 110

PYMNTS

SEPTEMBER 30, 2020

Close to half of the credit union (CU) executives surveyed by PYMNTS earlier in the year expected credit card processing revenues to outstrip debit in 2020. Several months down the road, it’s a very different picture, as credit tightens and debit takes on an air of frugality. More than 40 million U.S. The Best-Laid Plans.

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PYMNTS

MARCH 2, 2020

Good thing people don’t feel that way about credit unions (CUs). Seems that everybody likes credit unions—including cybercrooks. Seems that everybody likes credit unions—including cybercrooks. Quite the opposite, actually. million individual and business members in 2019. The Trust Factor. CU in Court.

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PYMNTS

OCTOBER 18, 2017

When catering to a limited group of members, credit unions need to think carefully about how to address member needs. That’s why some credit unions are embracing the market’s “mom and pop” legacy and emphasizing their ability to offer the type of personalized member services that rival banks and FinTechs struggle to deliver.

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PYMNTS

AUGUST 29, 2019

The market share of credit unions is only a fraction of their larger bank counterparts, but they tend to inspire a greater sense of loyalty among customers. Data from PYMNTS’ Credit Union Innovation Index found that 60.8 How Does Open Banking Help Credit Unions?

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PYMNTS

MARCH 9, 2020

Credit unions (CUs) across the U.S. ” The event “complements the active lobbying efforts of the Credit Union National Association (CUNA) and the National Association of Federally-Insured Credit Unions (NAFCU) trade associations,” according to the release.

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PYMNTS

FEBRUARY 11, 2020

The credit union service organization (CUSO) said it blocked cybercriminals at several channel intersections, including at the point of sale, at its contact centers and other avenues. PSCU has prevented over $277 million in would-be fraud last year, 30 percent more than in 2018.

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PYMNTS

SEPTEMBER 22, 2020

This week's look at the latest in open banking initiatives shows creativity in how FinTechs, credit unions (CUs) and banks wield data integrations for the benefit of corporate end users, from streamlined credit underwriting to automated expense management. Purdue Federal Credit Union, Payrailz Collaborate.

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PYMNTS

SEPTEMBER 22, 2020

In today’s top news in digital-first banking, digital payment processor Paya has come to an arrangement to purchase The Payment Group (TPG), and Purdue Federal Credit Union has tapped digital payment experience provider Payrailz for payment services. Purdue Federal Credit Union Selects Payrailz For Payment Services.

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PYMNTS

JANUARY 16, 2020

A new decade — and for credit unions (CUs), might this be the decade of data as a conduit of trust, a way to cement customer loyalty? The focus is on helping credit unions improve and enhance engagement with their members. Digital banking efforts were once only realistic for the most deep-pocketed of traditional FIs.

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PYMNTS

MAY 12, 2020

To that end, according to Scott Young, PSCU ’s vice president of innovation, credit unions (CUs) seeking to cement customer loyalty through tech-driven innovation need to keep one mantra top of mind: “Easy is the new loyalty.”.

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PYMNTS

JULY 15, 2020

CheckAlt , which provides lockbox and treasury management services, has struck a partnership with credit union service organization (CUSO) Tru Treasury to help credit unions attract new members and boost services, a press release says.

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PYMNTS

FEBRUARY 10, 2020

As the nation’s premier payments credit union service organization [CUSO] and a leader in the credit union industry, PSCU is continuously looking for ways to meet and exceed the expectations of the credit unions we serve,” said Gandre. Denise shares this same commitment, dedication and vision.

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PYMNTS

DECEMBER 21, 2020

Many people began to think long and hard about using credit when they were unsure if they'd have financial stability with the mass layoffs and virus shutdowns. Credit union service organization (CUSO) PSCU noted that there had been a 28.9 percent decrease of credit card spending in April as opposed to a year prior.

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PYMNTS

DECEMBER 3, 2019

Lumin Digital has signed a multi-year contract with the University of Illinois Community Credit Union (UICCU) that will have Lumin’s cloud-based platform serve as the credit union’s digital banking solution for retail banking and bill payment.

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PYMNTS

DECEMBER 10, 2020

PSCU , a payments credit union service organization (CUSO), has rolled out its Digital Issuance solution in an effort to keep bolstering the credit union (CU) member experience, according to a Thursday (Dec. 10) announcement.

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Credit Union Credit Union Service Organization Push-to-Card Online and Mobile Banking 82

PYMNTS

FEBRUARY 24, 2020

PSCU , the credit union service organization (CUSO), announced on Monday (Feb. 24) that it is finishing up a proof of concept (POC) with CULedger and Baxter Credit Union (BCU) for a blockchain-based decentralized identification platform.

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The Nilson Report

FEBRUARY 1, 2024

The post Co-op Pay Network Surpasses 200 Credit Unions Milestone appeared first on Nilson Report.

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PYMNTS

AUGUST 8, 2019

That truth especially applies in the world of credit unions, financial institutions (FIs) that are always fighting to survive among bigger banks and their relatively large holds of cash. Credit unions — along with most FIs — also have something else at stake when it comes to loyalty and rewards programs: branding.

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The Paypers

NOVEMBER 17, 2024

Payfinia has announced the launch of its Payfinia Credit Union Service Organization in order to support payment modernisation services and embedded fraud controls.

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Credit Union Credit Union Service Organization Payments 36

PYMNTS

NOVEMBER 19, 2020

Credit unions (CUs) have been riding high in recent years, with one October report finding that global CU membership hit an all-time high of 291 million last year. Around the Credit Union World. Some organizations are keeping members secure by partnering to provide the latest cutting-edge solutions.

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PYMNTS

MAY 15, 2018

In a landscape that’s fast evolving to match the needs of tech-savvy customers, credit unions are innovating to compete with larger commercial banks and FinTech firms to attract and retain customers. Around the Credit Union World. It’s not just online experiences that are getting upgrades.

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PYMNTS

DECEMBER 28, 2020

The pandemic has cost more than 300,000 lives in the United States alone, and it has also challenged many institutions — such as credit unions (CUs) — that were never designed to operate on a primarily remote basis. Around The Credit Union Landscape. It also offers participating CUs customized consulting services.

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Finovate

OCTOBER 16, 2024

Payments credit union service organization (CUSO) Velera has turned to Arroweye Solutions for its dual interface debit and credit card portfolio. “We view Arroweye as a true financial services partner and look forward to integrating their suite of capabilities into our core offering.”

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PYMNTS

JANUARY 13, 2021

FinTech credit union service organization (CUSO) PSCU said Wednesday (Jan. PSCU has grown from a transaction processing service reseller to a FinTech provider serving credit unions (CUs) and their members since the start of that partnership over three decades ago, according to the announcement.

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PYMNTS

OCTOBER 28, 2020

PSCU , the credit union service organization (CUSO), is teaming up with FICO Customer Communications Services (CCS) to develop a fraud alert tool for credit unions (CUs), PSCU said in a statement on Wednesday (Oct. In the firm's contribution to PYMNTS' “ What Did You Change?

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PYMNTS

MARCH 23, 2020

But it is also perhaps a time in which credit unions (CUs) can rise to the occasion, PSCU ’s President and CEO Chuck Fagan told Karen Webster in a recent conversation. It’s a difficult time and an alarming one in many dimensions. It certainly could be a risk that we see later this year [and] in the next year,” he said.

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PYMNTS

DECEMBER 11, 2019

His comments came in the wake of findings by credit union service organizations that a rush to adopt contactless cards is likely to come in 2020 and beyond. PSCU said it has rolled out a half-million contactless cards to members from 14 credit unions (CUs).

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