CUSO

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 Backs Subsidiary Lumin Digital With Additional $35M 
PSCU Backs Subsidiary Lumin Digital With Additional $35M 
November 21, 2019  |  Credit Unions

PSCU, a credit union service organization (CUSO), is backing its subsidiary Lumin Digital, a cloud-based banking platform, with an additional $35 million, bringing the total...

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PSCU Expects To Issue More Than 3M Contactless Cards In 2020
PSCU Expects To Issue More Than 3M Contactless Cards In 2020
November 20, 2019  |  Payment Methods

PSCU is prepared to handle what they predict will be a rush in 2020 to adopt contactless cards, the company said in a press release...

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PSCU To Invest $100M To Advance Credit Union Solutions
PSCU To Invest $100M To Advance Credit Union Solutions
November 19, 2019  |  Digital Banking

Payments credit union service organization (CUSO) PSCU has announced it will invest $100 million over the next few years to focus on improving solutions for...

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Deep Dive: How Open Banking Can Help Credit Unions Succeed
Deep Dive: How Open Banking Can Help Credit Unions Succeed
August 29, 2019  |  Credit Unions

 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...

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Three Metrics CUs Can Use To Retain Members
Three Metrics CUs Can Use To Retain Members
May 01, 2019  |  Credit Unions

With 57 percent of credit union members readily willing to leave for another financial institution for better data security, the rapidly growing industry is potentially...

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NEW REPORT: The Credit Union’s Biggest Risk — Not Taking Risks
NEW REPORT: The Credit Union’s Biggest Risk — Not Taking Risks
August 31, 2017  |  Credit Unions

Credit unions are risk-averse institutions by nature. But if credit unions don’t take a gamble on new financial innovations, they are inadvertently taking on another...

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