Credit Unions

Credit Unions
Personalization Helps Credit Unions Out-Compete Banks on Lending
November 01, 2023

You can’t have a successful business, no matter the business, if you don’t attract customers. When it comes to today’s world of evolving financial markets and fluctuating interest rates, consumers are becoming more discerning when choosing their financial institutions for credit products. “Consumers are relying...

Credit Unions
TLSC and Millennium Collaborate on Repossession Solutions for Credit Unions
October 31, 2023

The Loan Service Center (TLSC), a PSCU company, has partnered with Millennium Capital and Recovery Corp. to provide repossession solutions to credit unions.  Through TLSC’s extended services, credit unions will gain access to Millennium’s nationwide first-party delinquency management services for collateral recovery and remarketing, the companies said in a Tuesday...

Credit Unions
Contactless Transactions Mark ‘What’s Next’ in Payments Innovation
October 24, 2023

The continued rise of contactless payments may be among the most notable payments trends of the year, and it could pave the way for innovations that will shape commerce in the years ahead. PSCU Chief Growth Officer Brian Scott told PYMNTS that the groundwork was...

Credit Unions
EarnUp Launches Financial Wellness Automation Platform for Credit Unions
October 23, 2023

EarnUp has launched a platform designed exclusively for credit unions that aims to drive member engagement by providing  solutions that automate savings, enhance loan eligibility and improve overall financial health. The new EarnUp Engagement Platform takes an ecosystem approach to member value, incorporating three key...

Credit Unions
International Credit Union Day Spotlights Member-First Innovation
October 19, 2023

In 1948, International Credit Union Day was created to celebrate credit unions around the world.  Since then, the third Thursday of every October has been dedicated to celebrating the advancements made in the credit union (CU) space, as well as what makes the member-owned nonprofit cooperative financial...

Credit Unions
Credit Union Ranks Will Shrink in 2024 as M&A Drives Scale and Innovation
October 16, 2023

A decade ago, there were nearly 7,000 credit unions, and that number’s been consolidated to about 4,700. Scott Young, managing VP of Emerging Services at PSCU, told PYMNTS that the consolidation has been a response to “a myriad of factors” as pairings and buyouts happen...

Credit Unions
United Community Credit Union Partners With PSCU to Enhance Card Offerings
October 10, 2023

United Community Credit Union, which serves Galena Park Independent School District employees in Texas, teamed with credit union service organization (CUSO) PSCU to provide debit and credit card processing services and support. “This partnership with PSCU is a significant step forward in our journey to...

Credit Unions
PSCU to Support Horizon Credit Union’s Card Programs and ATMs
September 28, 2023

Horizon Credit Union, a nonprofit financial cooperative with more than 30 locations in four states, has partnered with PSCU, a credit union service organization (CUSO) and integrated financial technology solutions provider. The partnership will see PSCU provide services and support for Horizon Credit Union’s debit...

Credit Unions
PYMNTS Intelligence: How CUs Can Meet Members’ Cryptocurrency Expectations
September 28, 2023

Cryptocurrencies have become a popular choice for consumers either seeking a novel, fast-moving and potentially lucrative investment opportunity or exploring alternative payment methods to fiat currency. This interest is particularly evident among credit union (CU) members, with a study finding that 26% of CU members...