PYMNTS-MonitorEdge-May-2024

PSCU

PSCU is the largest credit union service organization in the United States. The organization was founded in 1977 and is based in St. Petersburg, Florida.

Source: pscu.com

Credit Unions Cure Churn With Enterprise Focus on Innovation
Credit Unions Cure Churn With Enterprise Focus on Innovation
March 26, 2024  |  Credit Unions

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...

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PSCU Appoints Vel Davidov, Michael Summers as Executive Vice Presidents
PSCU Appoints Vel Davidov, Michael Summers as Executive Vice Presidents
March 21, 2024  |  Personnel

PSCU/Co-op Solutions has appointed two new executive vice presidents (EVPs): Vel Davidov, EVP, chief financial officer, and Michael Summers, EVP, chief culture officer. Davidov, who has...

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PSCU/Co-op Solutions Study Adds New Urgency to Credit Union Innovation
PSCU/Co-op Solutions Study Adds New Urgency to Credit Union Innovation
March 11, 2024  |  Credit Unions

Credit union (CU) members value the classic benefits associated with CUs, such as lower fees and more access to loan products. Still, PYMNTS Intelligence finds...

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Fraudsters Exploit Cloud Access Points to Orchestrate Sophisticated Attacks
Fraudsters Exploit Cloud Access Points to Orchestrate Sophisticated Attacks
March 06, 2024  |  Cybersecurity

Recent data from the Federal Trade Commission (FTC) shows that U.S. fraud losses topped $10 billion in 2023, indicating that the risk of cybercrime has soared to...

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Banking Customers Opt for Smaller Lenders As Giants Get Too Big
Banking Customers Opt for Smaller Lenders As Giants Get Too Big
March 05, 2024  |  Digital-First Banking

As the country’s banking giants expand, some consumers are looking for smaller alternatives. It’s a trend at the center of a Tuesday (March 5) Wall...

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PSCU/Co-Op Solutions Combination Creates Innovation ‘Aggregator’ for Credit Unions
PSCU/Co-Op Solutions Combination Creates Innovation ‘Aggregator’ for Credit Unions
February 21, 2024  |  Credit Unions

Mergers are born of the principle that a combination of enterprises is greater than the sum of the respective parts. Chuck Fagan, president and CEO...

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Erie Federal Credit Union Taps PSCU for Card Processing Services
Erie Federal Credit Union Taps PSCU for Card Processing Services
February 20, 2024  |  Credit Unions

Erie Federal Credit Union (Erie FCU) has completed its conversion to having PSCU/Co-op Solutions provide debit and credit card processing services and support. Erie FCU formalized its...

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Credit Unions Bank on Personal Relationships as Foundation for Payments Innovation
Credit Unions Bank on Personal Relationships as Foundation for Payments Innovation
February 15, 2024  |  BNPL

Consumers today have a growing number of ways to re-tool their financial health. But in a landscape where options abound, employing a personal touch can...

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Credit Union Innovation Investments Pay Off as Digital Assets Open Doors to Enhanced Services
Credit Union Innovation Investments Pay Off as Digital Assets Open Doors to Enhanced Services
February 14, 2024  |  Credit Unions

Credit unions (CUs) might not have the same national or regional reach as traditional banks, but their members don’t expect less when it comes to...

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