PYMNTS

FEBRUARY 24, 2020

PSCU , the credit union service organization (CUSO), announced on Monday (Feb. 24) that it is finishing up a proof of concept (POC) with CULedger and Baxter Credit Union (BCU) for a blockchain-based decentralized identification platform.

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PYMNTS

SEPTEMBER 21, 2020

The West Lafayette, Indiana-based credit union (CU) is also becoming a part of CU Railz, the credit union service organization (CUSO) of Payrailz, as a backer, according to a Monday (Sept. The CU aimed to make sure its members use payment services without having to depend on other payment mobile programs.

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PYMNTS

JANUARY 13, 2021

FinTech credit union service organization (CUSO) PSCU said Wednesday (Jan. PSCU has grown from a transaction processing service reseller to a FinTech provider serving credit unions (CUs) and their members since the start of that partnership over three decades ago, according to the announcement.

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PYMNTS

MAY 15, 2018

In a landscape that’s fast evolving to match the needs of tech-savvy customers, credit unions are innovating to compete with larger commercial banks and FinTech firms to attract and retain customers. The National Council of Firefighter Credit Unions (NCOFCU) agreed to work with web design firm OMNICOMMANDER.

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PYMNTS

DECEMBER 28, 2020

Many CUs have since leaned into these efforts with digital innovations aimed at a range of issues, such as tackling fraud or enhancing members’ remote banking access. Around The Credit Union Landscape. Coast Capital On The Innovations Driving CUs’ Digital-First Future.

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PYMNTS

JANUARY 27, 2021

CUs are known to work collaboratively, Kearns said, and Affinity received assistance from credit union service organizations and other CUs that had completed their digital shifts. “A And that’s really how we embarked on our digital transformation.”. Affinity had help with its transformation, too.

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PYMNTS

NOVEMBER 19, 2020

Keeping up with members’ demands can be a tall order for CUs, especially for smaller CUs that lack the resources and staffing levels of larger organizations. Many are still taking innovative approaches to rolling out new high-tech solutions by turning to third-party providers, however.

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PYMNTS

JANUARY 14, 2021

Payments credit union service organization (CUSO) PSCU reported 11.4 percent year-over-year debit and credit overall same-store sales volume growth among its owner credit unions over the 2020 holiday season, according to a press release emailed to PYMNTS.

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PYMNTS

DECEMBER 27, 2019

These and other 19 th -century proto-cooperatives were the forerunners of today’s credit union (CU) community. Early innovators managed cooperatives using the same founding principle that CUs use today: members-first finance in place of indifferent, legacy-style banking.

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Finovate

APRIL 18, 2024

Credit unions, community banks, credit union service organizations, neobanks, embedded finance companies, and payment service providers with a need for embedded lending. By analyzing digital banking offerings, FinTech Insights enables faster UX research, product releases, and innovation.

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PYMNTS

FEBRUARY 11, 2020

The credit union service organization (CUSO) said it blocked cybercriminals at several channel intersections, including at the point of sale, at its contact centers and other avenues. PSCU has prevented over $277 million in would-be fraud last year, 30 percent more than in 2018.

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PYMNTS

AUGUST 28, 2019

That question served as the anchor for a recent PYMNTS discussion between Karen Webster and Brian Scott, chief growth officer at PSCU , one of the country’s premier credit union service organizations (CUSOs). If you get the experience piece right,” Scott said, “efficiency and growth fit into that.”.

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PYMNTS

AUGUST 29, 2019

Data from PYMNTS’ Credit Union Innovation Index found that 60.8 percent of members would not leave their credit unions (CUs) for different financial institutions that offered the same services. percent desiring instant payments innovations. Members do see room for improvement, however, with 42.4

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PYMNTS

SEPTEMBER 30, 2020

Close to half of the credit union (CU) executives surveyed by PYMNTS earlier in the year expected credit card processing revenues to outstrip debit in 2020. Several months down the road, it’s a very different picture, as credit tightens and debit takes on an air of frugality. More than 40 million U.S.

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PYMNTS

DECEMBER 16, 2019

Payments credit union service organization PSCU unveiled the deployment of desktop automation via its partnership with Jacada to optimize the call center experience. We look forward to continuing to partner with PSCU and drive new, innovative contact center solutions for its owner credit unions and their members.”.

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PYMNTS

NOVEMBER 25, 2019

Credit unions (CUs) are unique among financial institutions (FIs) for the sense of loyalty they inspire among their members. PYMNTS’ Credit Union Innovation Index found that 65 percent of such members chose their CUs because they trusted them, for example, with 60.8

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PYMNTS

NOVEMBER 20, 2019

Payments credit union PSCU is prepared to handle what they predict will be a rush in 2020 to adopt contactless cards, the company said in a press release on Wednesday (Nov. In 2020, PSCU anticipates distribution of more than three million new contactless cards to 100-plus credit unions.

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PYMNTS

SEPTEMBER 9, 2020

Debit transactions are on the rise, with credit union service organization PSCU finding that the value of payments made with debit cards rose 18 percent year over year between June 29 and July 5. Around The Next-Gen Debit World.

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PYMNTS

DECEMBER 16, 2019

Payments credit union service organization PSCU unveiled the deployment of desktop automation via its partnership with Jacada to optimize the call center experience. We look forward to continuing to partner with PSCU and drive new, innovative contact center solutions for its owner credit unions and their members.”.

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PYMNTS

APRIL 30, 2020

Credit union service organization PSCU is also among those adding new features to help make remote life easier for CUs and their members. The company has plans to further enhance its mobile services, including support for online card management tools according to a recent press release.

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PYMNTS

APRIL 21, 2020

In an interview with Karen Webster, Chuck Fagan, president and CEO of PSCU , a credit union service organization (CUSO), said that the impact to consumer spending will be prolonged, but the recovery will be swift and sharp — depending on where you look. Overall credit card spend was down 29.9

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PYMNTS

DECEMBER 23, 2019

million in debt, granting former debtors far more access to loans and other banking services. Credit union service organization (CUSO) CULedger is partnering with digital credential provider Autonomous Lending to offer next-gen digital credentials to its partner CUs. The CUs were able to eliminate more than $2.5

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PYMNTS

MARCH 2, 2020

Reading the February 2020 Credit Union Tracker ® done in collaboration with PSCU , we discover that Canadian credit union Desjardins Group was hacked , impacting the records of 4.2 Trust established via shared connections (typically an employer) is the reason that some people choose credit unions over banks.

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PYMNTS

OCTOBER 28, 2020

PSCU , the credit union service organization (CUSO), is teaming up with FICO Customer Communications Services (CCS) to develop a fraud alert tool for credit unions (CUs), PSCU said in a statement on Wednesday (Oct.

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PYMNTS

AUGUST 8, 2019

Loyalty can be even trickier when consumer demand is well ahead of FI innovation — as is the case for credit unions, as documented by the Credit Union Innovation Playbook from PYMNTS. percent of CUs actively invested in loyalty and rewards innovations during the past three years. Yet, only 29.4

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PYMNTS

MAY 1, 2019

They not only have to battle fellow credit unions and banks, but also newer FinTech players offering wide-ranging innovations that can entice modern consumers. According to the March 2019 edition of PYMNTS’ Credit Union Innovation Playbook , 57.6

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PYMNTS

JANUARY 16, 2020

A new decade — and for credit unions (CUs), might this be the decade of data as a conduit of trust, a way to cement customer loyalty? The focus is on helping credit unions improve and enhance engagement with their members.

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PYMNTS

MARCH 23, 2020

“But credit unions have had really record years the last couple of years when capital has built up to where if there are some unfortunate losses that they will take on by doing the right thing, they’re prepared to do that.”.

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Fintech Labs Insights

JULY 14, 2016

“With Buzz Insight,” Spradlin said, “in-depth analysis and innovation come together to drive revenue and retention.” ” Pictured: Director of Product Michael Hall demonstrating the Buzz Points Mobile App at FinovateFall 2015 in New York.

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Fintech Labs Insights

AUGUST 15, 2016

. “We are thrilled that the funding will allow us to quickly scale our user base, as well as our service and support teams to drive growth and innovation that this market so desperately needs,” NYMBUS president and CRO, David Mitchell added.

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PYMNTS

APRIL 6, 2020

With over 58 percent of customers saying they’re “extremely” satisfied with credit unions (CUs) and nearly six in 10 saying they would stick with their CU even if it didn’t have all the bells and whistles of bank tech that competitors do, the bond between members and CUs remain strong. Innovate or Die’.

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PYMNTS

JANUARY 28, 2021

The following Deep Dive examines the interest in contactless payments among credit union members and the opportunity for the CU space to meet members’ changing payment needs through digital innovation. These findings indicate major — and potentially missed — opportunities for CUs in the digital era of financial services.

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PYMNTS

NOVEMBER 15, 2017

The latest PYMNTS Credit Union Tracker™ , powered by CO-OP Financial Services, features news on the latest regulation changes facing the credit union market, along with recent partnerships and innovations that are changing how credit unions conduct their lending practices.

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Finovate

APRIL 29, 2025

Digital estate planning innovator Trust & Will secured an investment of $4.5 million from collaborative credit union ecosystem, Curql. “Curql represents a network of mission-driven credit unions committed to innovation, member service, and values that deeply align with ours. .

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