Payments credit union service organization (CUSO) PSCU will provide a new installment payments product in the near future. The offering, which the organization describes as a buy now, pay later (BNPL) installment plan, lets cardholders pay for purchases over a set period by splitting the...
PSCU company CU Recovery & The Loan Service Center has bolstered its relationship with Advia Credit Union. The Loan Service Center (TLSC) has started supplying early-stage payment reminders for the credit union (CU) beyond third-party support services for recoveries on charged-off loans and shares, according...
There’s no escaping digital this and transformation that. Definitely not for credit unions (CUs), which traded in a behind-the-times image to one of digital-first diligence in all things. PYMNTS January 2021 Credit Union Tracker® done in collaboration with PSCU, marks out the terrain of the...
A transformation toward contactless payments is underway at the nation’s credit unions as the public shuns cash and even physical cards to lower infection risks with COVID-19. This change in consumer behavior is expected to remain even after vaccines are more widely distributed. It will...
Credit unions (CUs) have lots of data on their members but not always the access to the right digital tools to glean the insights needed to engage with them, says Jacqui Kearns, chief brand officer at Affinity Federal Credit Union. In the Credit Union Tracker,...
Chuck Fagan, president and CEO of PSCU, reflects on the challenges of 2020 and looks ahead to what 2021 will bring. In “A Look Forward: What Executives Wish for America and the World in 2021,” he shares how PSCU has taken steps to prepare for the...
Consumers’ migration to using contactless payment methods more often for their speed and convenience was only accelerated during the onset of the pandemic last year. It is easy to see why contactless payments are growing in a time of social distancing and touchless safeguards to...
For credit unions (CUs), the digital trends that accelerated in 2020 amid the pandemic will gain even further traction this year. In an interview with PYMNTS, Denise Stevens, senior vice president and chief product officer at PSCU, said contextual offers and predictive analytics will help...
Payments credit union service organization (CUSO) PSCU reported 11.4 percent year-over-year debit and credit overall same-store sales volume growth among its owner credit unions over the 2020 holiday season, according to a press release emailed to PYMNTS. PSCU’s Data & Analytics and Advisors Plus workforces collected...
