Card Processing news and trends

Marqeta Processing Volumes Surge 32%
Earnings // August 07, 2024

Marqeta posted second-quarter results that showed total processing volumes (TPVs) surged 32% to $71 billion. During the conference call with analysts, CEO Simon Khalaf noted on Wednesday (Aug. 7) that as had been seen in past quarters, “consumers continued to branch out in financial services...

Utilities Employees Credit Union Selects Velera for Card Processing Services
Credit Unions // June 13, 2024

Utilities Employees Credit Union (UECU) has selected Velera to provide debit and credit card processing services and support. Velera, which is a payments credit union service organization (CUSO) and integrated financial technology solutions provider, will begin providing those services for UECU in October, the companies...

AltaOne Selects PSCU/Co-op Solutions for Card Processing Services
Credit Unions // January 25, 2024

AltaOne Federal Credit Union has selected PSCU/Co-op Solutions to provide debit and credit card processing services and support. The Ridgecrest, California, credit union chose the credit union service organization (CUSO) based in part on its high net promoter score (NPS), its reputation in the industry and its ongoing...

Nuvei Expands Partnership With Casino Company Novibet
Partnerships // April 25, 2022

Payments platform Nuvei announced Monday (April 25) it is expanding its partnership with European betting and online casino company Novibet to accept payment as it expands around the globe. “Building on a successful partnership delivering card processing solutions in countries such as Greece, Italy and...

Quick Reads
Velera Begins Providing Card Processing to Florida-Based BrightStar Credit Union

September 12, 2024
Credit union service organization (CUSO) Velera has begun providing card processing solutions to BrightStar Credit Union, which services about 60,000 members in South Florida. The CUSO started providing credit card processing support to the credit union in June and will add debit card processing services by the end of September, Velera said in a Thursday […]

Utilities Employees Credit Union Selects Velera for Card Processing Services

June 13, 2024
Utilities Employees Credit Union (UECU) has selected Velera to provide debit and credit card processing services and support. Velera, which is a payments credit union service organization (CUSO) and integrated...

AltaOne Selects PSCU/Co-op Solutions for Card Processing Services

January 25, 2024
AltaOne Federal Credit Union has selected PSCU/Co-op Solutions to provide debit and credit card processing services and support. The Ridgecrest, California, credit union chose the credit union service organization (CUSO) based in part...

Nuvei Expands Partnership With Casino Company Novibet

April 25, 2022
Payments platform Nuvei announced Monday (April 25) it is expanding its partnership with European betting and online casino company Novibet to accept payment as it expands around the globe. “Building...