For the 13th consecutive year payments credit union service organization (CUSO) PSCU is a lead sponsor for the Credit Union Cherry Blossom Ten Mile Run, a race and fundraiser it has participated in for many years, PSCU announced in a press release Monday (March 9)....
Payments credit union service organization PSCU is working with TEXAR Federal Credit Union as of this week, as TEXAR joined PSCU as its newest Owner. As a result, PSCU will begin providing credit processing services and support for the credit union’s 32,000 members beginning this fall....
Through an ongoing process of habituation over the last two decades, consumers have come to not only want certain types of seamless experiences in their commercial interactions — they’ve actually come to expect them. Anyone who has a Facebook account, uses Gmail, orders from Amazon or...
PSCU, a payments credit union service organization (CUSO), announced that Westby Co-Op Credit Union (WCCU) has become a part of the cooperative for credit card processing support and services. WCCU, which is based in Wisconsin, tapped PSCU after a comprehensive review process. “We selected PSCU...
Credit unions’ emphasis on member relationships is one of the main factors that distinguishes them from large banks and FinTechs. PYMNTS’ Credit Union Innovation Index found 65 percent of CU members chose credit unions as their primary financial institutions (FIs) because they trusted them, compared...
Credit union members are increasingly placing emphasis on self-services like mobile and online banking for their seamlessness and convenience. And while many CUs are undergoing extensive changes to meet this demand, they face challenges in keeping members' data private and secure. In this month’s Credit...
PSCU’s Lumin Digital has signed the Vermont State Employees Credit Union (VSECU) to a multi-year digital banking and cloud computing agreement, Lumin announced on Wednesday (Feb. 26). Lumin Digital will be the credit union’s digital solution for retail and business banking, as well as bill...
Credit unions are performing well as the new decade dawns, with a recent study finding that CUs increased their loan originations by 29% from Q4 2018 to Q4 2019. Though still strong, this industry growth has slowed in recent years, with another survey finding that...
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. CULedger’s MemberPass solution is a blockchain-based system that facilitates frictionless...
