For financial institutions of all types — but especially credit unions — the great digital shift has taken on special urgency over the past 18 months. Most of them, at least. PYMNTS/PSCU joint research recently found that as many as 15% of CUs still haven’t...
PSCU subsidiary Lumin Digital has closed a deal to provide online and mobile-digital banking services for Pathways Financial Credit Union’s 50,000 consumer and business members in Ohio. The multi-year agreement takes effect in April 2023 when Pathways goes live on the Lumin Digital platform. Greg...
Long stuck with cookie-cutter credit issuing capabilities due to their size, staffing, partners and geographical limits, small financial institutions (FIs) have been at a distinct disadvantage in the crowded credit card market. But issuer processors like i2c are changing the dynamic, giving them direct issuing...
Credit union service organization (CUSO) PSCU is honoring National Recycling Day on Monday (Nov. 15) with a move to reduce plastic waste via a strategic collaboration with ecofriendly card provider CPI Card Group. CPI’s cards lower the need for first-use plastic by making use of...
Credit union service organization (CUSO) PSCU is launching new solutions for identity intelligence as part of its refreshed Data Science and Analytics portfolio, according to a press release emailed to PYMNTS on Wednesday (Nov. 10). Identity Resolution is one of three data enrichment strategies that...
Credit union service organization (CUSO) PSCU is further collaborating with USE Credit Union (USECU) to offer debit and credit card processing services, according to a press release emailed to PYMNTS on Tuesday (Nov. 9). Partners since 2013, PSCU provides USECU with overflow contact center support....
Coming out of the pandemic, consumers are looking for a lot of digital-first experiences. When it comes to financial services, many are moving to FinTechs and downloading new apps that offer innovative digital solutions that often save time and money. This embrace of FinTechs also...
The recovery arm of PSCU, CU Recovery, is now being renamed TriVerity and will serve as a full-service collections agency, according to a press release emailed to PYMNTS. TriVerity is a name that “embodies the mission and core values of the organization.” The new name...
Consumers may find the diversity of today’s banking options overwhelming, as the digital shift means that choice is no longer limited by proximity. Digital-first FinTechs, for example, have no physical presence at all and can attract customers from around the globe. Financial institutions (FIs) typically lose 15 percent...
