PSCU has launched a solution that helps credit unions implement buy now, pay later (BNPL). The credit union service organization’s (CUSO’s) new Installment Payments solution allows some post-purchase credit card transactions to be converted into installment payments, PSCU said in a Thursday (April 27) press...
Payments credit union service organization (CUSO) PSCU has expanded its relationship with SAFE Federal Credit Union to offer debit processing support as well as credit processing. Based in Sumter, South Carolina, and founded in 1955, SAFE has $1.6 billion in assets and 133,000 members in seven...
As Chuck Fagan, president and CEO of PSCU, told Karen Webster, credit unions (CUs) are moving beyond the “fast follower” designation and toward real innovation leadership. CUs have to be forward-thinking or risk losing members. In 2019, about 30 percent of credit union executives said that...
Credit union (CU) members are known for loyalty to these financial affinity groups, but that loyalty is being tested. The 2020 Credit Union Innovation Index, conducted in partnership with PSCU, found that over 20 percent of members would drop their current CU over lack of...
August 04, 2021
As Chuck Fagan, president and CEO of PSCU, told Karen Webster, credit unions (CUs) are moving beyond the “fast follower” designation and toward real innovation leadership. CUs have to be forward-thinking or risk losing members. In 2019, about 30 percent of credit union executives said that they were fast followers. As a result of the pandemic […]
July 17, 2023
Union Credit on Monday (July 17) announced the launch of what it called the “first marketplace for credit unions to make firm, one-click credit offers at the point of purchase.” According to a news release, the marketplace lets CUs reach new and credit-worthy members who aren’t in their ecosystem, thus increasing loan volume and member acquisition […]
April 27, 2023
PSCU has launched a solution that helps credit unions implement buy now, pay later (BNPL). The credit union service organization’s (CUSO’s) new Installment Payments solution allows some post-purchase credit card...
October 04, 2022
Payments credit union service organization (CUSO) PSCU has expanded its relationship with SAFE Federal Credit Union to offer debit processing support as well as credit processing. Based in Sumter, South...
