Co Op Solutions news and trends

PSCU/Co-op Solutions Rebrands as Velera
Credit Unions // 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....

PSCU/Co-op Solutions Adds Amazon One to Digital Wallet Integrations
Digital Payments // 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 available later in the second quarter, the credit union service organization (CUSO) said in a Tuesday...

PSCU/Co-op Solutions Launches Program to Facilitate Credit Union-FinTech Collaboration
Partnerships // 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 address industry pain points, the payments credit union service organization (CUSO) and integrated FinTech solution...

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

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 been with PSCU since 2002, will lead the payments credit union service organization’s (CUSO’s) financial planning and analysis (FP&A), mergers...

Interviews & Exclusives
Credit Unions Bank on Personal Relationships as Foundation for Payments Innovation

February 15, 2024
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 go a long way toward helping consumers achieve their desired financial lifestyle.  “From a credit union perspective, one of our areas of focus is on the post-purchase scenarios associated to […]

Quick Reads
PSCU/Co-op Solutions Rebrands as Velera

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 […]

PSCU/Co-op Solutions Adds Amazon One to Digital Wallet Integrations

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...

PSCU/Co-op Solutions Launches Program to Facilitate Credit Union-FinTech Collaboration

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...

PSCU Appoints Vel Davidov, Michael Summers as Executive Vice Presidents

March 21, 2024
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 been with PSCU since 2002,...