Cusos news and trends

Velera CEO: Credit Unions Need Gen Z Consumers to Gain ‘Velocity’
Credit Unions // June 18, 2024

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 and Co-op Solutions Announce Merger
Credit Unions // 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 scale and differentiated value, the companies said in a Monday (Nov. 6) press release. Charles Fagan,...

Merchant-Funded eGift Cards Help Credit Union Members Spend Smarter
Credit Unions // May 02, 2023

As credit unions (CUs) seek ways to stay competitive in an increasingly diverse, crowded and complex financial sector, it’s creating some fascinating new possibilities for the organizations that service CUs — the credit union service organizations (CUSOs). In the latest permutation of this concept, AdTech...

For Credit Unions, An Innovation Mantra: ‘Easy Is The New Loyalty’
Credit Unions // May 12, 2020

We can divide financial services into two eras: before the pandemic and after. The continued pivot toward digital banking and mobile devices substituting for in-person visits to branches is spurring financial institutions (FIs) to reconsider how they deliver new products and services – and what...

Interviews & Exclusives
Merchant-Funded eGift Cards Help Credit Union Members Spend Smarter

May 02, 2023
As credit unions (CUs) seek ways to stay competitive in an increasingly diverse, crowded and complex financial sector, it’s creating some fascinating new possibilities for the organizations that service CUs — the credit union service organizations (CUSOs). In the latest permutation of this concept, AdTech company Prizeout is at the heart of a newly formed […]

For Credit Unions, An Innovation Mantra: ‘Easy Is The New Loyalty’

May 12, 2020
We can divide financial services into two eras: before the pandemic and after. The continued pivot toward digital banking and mobile devices substituting for in-person visits to branches is spurring...

Quick Reads
Velera and RAI Collaborate on Credit Acceptance Programs

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 […]

PSCU and Co-op Solutions Announce Merger

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...