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...
In the current economic environment, Generation Z consumers struggle more than older consumers. Nonetheless, they are a growing demographic that financial service providers — including credit unions (CUs) — need to watch. This generation is made up primarily of digital-first consumers who manage and spend...
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....
PSCU/Co-op Solutions teamed up with Aloha Pacific Federal Credit Union (APFCU). The partnership will see the payments credit union service organization (CUSO) help Hawaii-based APFCU provide credit and debit card processing services and support, PSCU/Co-op Solutions said in a Wednesday (May 1) news release provided to PYMNTS. “We’ve seen an increasing...
August 27, 2024
Many FinTechs partner with credit unions (CUs) and other financial institutions (FIs) to provide the innovative products and services that today’s digital-first consumers expect. In fact, almost all view CUs as collaborators more than competitors. To be successful partners, FinTechs need to align their innovation roadmaps with CUs’ innovation agendas. A key objective among FinTechs […]
May 22, 2024
In the current economic environment, Generation Z consumers struggle more than older consumers. Nonetheless, they are a growing demographic that financial service providers — including credit unions (CUs) — need...
April 22, 2024
Credit unions (CUs) are continuing to win over members, with roughly 1 in 5 current CU members telling PYMNTS Intelligence they’ve changed primary banks last year. This is just one...
March 26, 2024
In a world where big banks have long dominated the financial landscape, a quiet revolution is underway. Credit unions (CUs), those member-owned financial cooperatives that have always prided themselves on...
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 its ATM Network and Shared Branching consumer-facing solutions, Velera said in a Tuesday (May 7) press release. Further updates around the company and its operations will be […]
May 01, 2024
PSCU/Co-op Solutions teamed up with Aloha Pacific Federal Credit Union (APFCU). The partnership will see the payments credit union service organization (CUSO) help Hawaii-based APFCU provide credit and debit card processing services and support, PSCU/Co-op Solutions...
April 23, 2024
PSCU/Co-op Solutions has added Amazon One to its suite of digital wallet integrations for client card issuers. This pay-by-palm solution is now available to credit unions on a pilot basis and is expected to be generally...
April 02, 2024
PSCU/Co-op Solutions has launched a program designed to facilitate collaboration between credit unions and FinTech companies. The new Fintech Engagement Program includes both vetted FinTech companies and credit unions that are looking to...
