Pscu Co Op Solutions news and trends

Velera’s Co-op ATM Network Grows With Addition of cPort Credit Union
Credit Unions // May 21, 2024

Maine-based cPort Credit Union has joined the Co-op ATM network offered by Velera, the payments credit union service organization (CUSO) formerly known as PSCU/Co-op Solutions. With the credit union joining the ATM network, cPort members will have access to more than 180 fee-free ATMs in Maine and 32,000 such ATMs nationwide,...

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 Teams With Aloha Credit Union for Card Processing
Partnerships // May 01, 2024

PSCU/Co-op Solutions teamed up with Aloha Pacific Federal Credit Union (APFCU). The partnership will see the payments credit union service organization (CUSO) help Hawaii-based APFCU provide credit and debit card processing services and support, PSCU/Co-op Solutions said in a Wednesday (May 1) news release provided to PYMNTS. “We’ve seen an increasing...

PSCU/Co-op Solutions Launches Digital Lending Suite
Credit Unions // April 10, 2024

PSCU/Co-op Solutions has teamed with Amount to launch a digital lending suite. The suite, dubbed Origination Solutions, is now in the pilot stage with two credit unions, the credit union service organization (CUSO) announced in a Wednesday (April 10) news release provided to PYMNTS. “Today’s consumers expect immediacy...

Interviews & Exclusives
Linked Analysis Evolution Breaks Down Silos as CUs Battle Fraudsters

April 10, 2024
There’s no shortage of damage payments and social engineering fraud can do to a company as well as its member relationships. Creating silos within an organization usually isn’t one of them, but it’s exactly the aim of an upgraded fraud prevention effort from PSCU/Co-op Solutions. The fraudsters are getting more sophisticated, and social engineering and artificial […]

Credit Unions Cure Churn With Enterprise Focus on Innovation

March 26, 2024
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 have always prided themselves on...

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...

Quick Reads
Utilities Employees Credit Union Selects Velera for Card Processing Services

June 13, 2024
Utilities Employees Credit Union (UECU) has selected Velera to provide debit and credit card processing services and support. Velera, which is a payments credit union service organization (CUSO) and integrated financial technology solutions provider, will begin providing those services for UECU in October, the companies said in a Thursday (June 13) press release emailed to […]

Velera’s Co-op ATM Network Grows With Addition of cPort Credit Union

May 21, 2024
Maine-based cPort Credit Union has joined the Co-op ATM network offered by Velera, the payments credit union service organization (CUSO) formerly known as PSCU/Co-op Solutions. With the credit union joining the ATM network, cPort members will...

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...

PSCU Teams With Aloha Credit Union for Card Processing

May 01, 2024
PSCU/Co-op Solutions teamed up with Aloha Pacific Federal Credit Union (APFCU). The partnership will see the payments credit union service organization (CUSO) help Hawaii-based APFCU provide credit and debit card processing services and support, PSCU/Co-op Solutions...