credit unions

Credit union, a type of financial institution similar to a commercial bank, is a member-owned financial cooperative, controlled by its members and operated on a not-for-profit basis.

Source: en.wikipedia.org

PSCU Prevented $277M In Credit Union Fraud Last Year
PSCU Prevented $277M In Credit Union Fraud Last Year
February 11, 2020  |  Credit Unions

PSCU has prevented over $277 million in would-be fraud last year, 30 percent more than in 2018. The credit union service organization (CUSO) said it blocked...

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PSCU Taps New Leaders To Advance Products, Innovation
PSCU Taps New Leaders To Advance Products, Innovation
February 10, 2020  |  Personnel

PSCU has appointed Denise Stevens as senior vice president and chief product officer, while Scott Young will head the product delivery leadership team as vice...

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PSCU Reports Higher Debit, Credit Sales During Holidays
PSCU Reports Higher Debit, Credit Sales During Holidays
February 06, 2020  |  Credit Unions

PSCU, the payments credits union service organization (CUSO), reported significantly higher year-over-year growth than expected during the holidays, with a 7.86 percent increase in debit...

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Open Banking Targets SMB Apps, Payments Data
Open Banking Targets SMB Apps, Payments Data
February 06, 2020  |  B2B Payments

Open Banking frameworks continue to proliferate throughout the world. The Australian Competition and Consumer Commission (ACCC) has now formally released the Consumer Data Right (CDR)...

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Payrailz Brings Banking As A Service To Credit Unions
Payrailz Brings Banking As A Service To Credit Unions
February 04, 2020  |  B2B Payments

FinTech startups Constellation Digital Partners and Payrailz are teaming up to create a joint solution to help credit unions offer an enhanced online banking experience,...

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Gallup: Credit Unions Feel The Love
Gallup: Credit Unions Feel The Love
January 31, 2020  |  Credit Unions

The notion that credit unions (CUs) play country mouse to their more worldly banking cousins is beyond flawed, as a recent poll by the Gallup...

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CUs Work Together To Stay Ahead Of The Competition
CUs Work Together To Stay Ahead Of The Competition
January 29, 2020  |  Credit Unions

With 79 percent of credit union members willing to switch to a financial institution with more convenient banking services, offering mobile apps is becoming increasingly...

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Credit Unions Find ‘Co-opetition’ Key To Closing The Innovation Gap
Credit Unions Find ‘Co-opetition’ Key To Closing The Innovation Gap
January 28, 2020  |  Credit Unions

Credit unions (CUs) face stiff competition from banks, FinTech firms and other players in the financial industry, but they have several intrinsic advantages. A recent...

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Credit Unions Place Big Bet On AI And Biometrics
Credit Unions Place Big Bet On AI And Biometrics
January 16, 2020  |  Credit Unions

A new decade — and for credit unions (CUs), might this be the decade of data as a conduit of trust, a way to cement...

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