credit union service organizations

Velera to Provide Debit Card Processing to Mississippi-Based Keesler Federal
Velera to Provide Debit Card Processing to Mississippi-Based Keesler Federal
November 20, 2024  |  Credit Unions

Credit union service organization (CUSO) Velera will provide debit card processing and support to Mississippi-based Keesler Federal Credit Union, which serves 327,000 members in the...

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Credit Unions Trade Complexity for Simplicity and Win Customer Loyalty
Credit Unions Trade Complexity for Simplicity and Win Customer Loyalty
November 18, 2024  |  Credit Unions

“Complexity powers the status quo,” Karen Webster wrote in a recent column. And in financial services — particularly for credit unions —  complexity in the...

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Velera and RAI Collaborate on Credit Acceptance Programs
Velera and RAI Collaborate on Credit Acceptance Programs
October 30, 2024  |  Credit Unions

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...

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The Key to Capturing Gen Z: Credit Unions Embrace Digital Personalization
The Key to Capturing Gen Z: Credit Unions Embrace Digital Personalization
September 17, 2024  |  Credit Unions

When it comes to digital engagement, there’s a lot at stake for credit unions. As detailed in “How Credit Union Innovation Can Drive Gen Z...

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Velera to Provide Debit Card Processing to HawaiiUSA Federal Credit Union
Velera to Provide Debit Card Processing to HawaiiUSA Federal Credit Union
September 03, 2024  |  Partnerships

Credit union service organization (CUSO) Velera will provide debit card processing support to HawaiiUSA Federal Credit Union, which delivers services to more than 132,000 members....

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

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...

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PSCU/Co-op Solutions Rebrands as Velera
PSCU/Co-op Solutions Rebrands as Velera
May 07, 2024  |  Credit Unions

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...

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PSCU and Co-op Solutions Announce Merger
PSCU and Co-op Solutions Announce Merger
November 06, 2023  |  Credit Unions

  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...

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Credit Union Ranks Will Shrink in 2024 as M&A Drives Scale and Innovation
Credit Union Ranks Will Shrink in 2024 as M&A Drives Scale and Innovation
October 16, 2023  |  Credit Unions

A decade ago, there were nearly 7,000 credit unions, and that number’s been consolidated to about 4,700. Scott Young, managing VP of Emerging Services at...

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