When it comes to digital engagement, there’s a lot at stake for credit unions. As detailed in “How Credit Union Innovation Can Drive Gen Z Engagement,” a PYMNTS Intelligence report created in collaboration with Velera (formerly PSCU/Co-op Solutions), a growing percentage of Gen Z consumers are transitioning...
Credit union service organization (CUSO) Velera will provide debit card processing support to HawaiiUSA Federal Credit Union, which delivers services to more than 132,000 members. This marks an expanded partnership of the two organizations, as the CUSO already provides credit card processing support to the...
The average credit union member is 53 years old. Reasonably affluent, well traveled down the journey of life’s financial goals — and well aware of the personalized and community approach of the credit union (CU) itself. But as is the case with any business, credit...
PSCU/Co-op Solutions is rebranding as Velera. The credit union service organization (CUSO) will roll out the Velera brand in phases over the next year, though the Co-op Solutions brand will be retained for its ATM Network and Shared Branching consumer-facing solutions, Velera said in a Tuesday (May 7) press release....
September 17, 2024
When it comes to digital engagement, there’s a lot at stake for credit unions. As detailed in “How Credit Union Innovation Can Drive Gen Z Engagement,” a PYMNTS Intelligence report created in collaboration with Velera (formerly PSCU/Co-op Solutions), a growing percentage of Gen Z consumers are transitioning into higher-paying jobs and more rewarding career paths, meaning they […]
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...
October 30, 2024
Velera and RAI Partners have teamed up to offer credit unions access to solutions that include turn-down programs and portfolio acquisitions. The two credit union service organizations (CUSOs) will work together to provide these RAI Partners offerings, they said in a Wednesday (Oct. 30) press release emailed to PYMNTS. RAI Partners’ turn-down programs run parallel […]
September 03, 2024
Credit union service organization (CUSO) Velera will provide debit card processing support to HawaiiUSA Federal Credit Union, which delivers services to more than 132,000 members. This marks an expanded partnership...
May 07, 2024
PSCU/Co-op Solutions is rebranding as Velera. The credit union service organization (CUSO) will roll out the Velera brand in phases over the next year, though the Co-op Solutions brand will be retained for...
November 06, 2023
PSCU and Co-op Solutions, two credit union service organizations (CUSOs) and FinTech solution providers, have announced plans to merge. The move aims to offer credit unions innovative technology, better services, increased...
