pscu

BluCurrent Credit Union Partners with PSCU for Credit and Debit Card Processing Services

October 13, 2021 - PSCU, the nation’s premier payments credit union service organization (CUSO), has announced that BluCurrent Credit Union (BluCurrent) has joined the cooperative for credit and debit processing and support services. Lumin Digital – a PSCU company – will also provide the credit union with online and mobile digital banking solutions.

PSCU Launches Newest Prepaid Digital Experience Platform

October 6, 2021 - As the demand for prepaid cards increases, PSCU, the nation’s premier payments credit union service organization (CUSO), has announced the launch of its newest prepaid digital experience platform. The PSCU My Card Manager mobile app and website enable self-service access, providing cardholders with more control over their reloadable prepaid cards and experience, ultimately resulting in increased member engagement, penetration, activation and usage.

Lumin Digital to Provide Digital Banking Services for Service 1st Federal Credit Union

September 30, 2021 — Lumin Digital, a PSCU company, has announced that Service 1st Federal Credit Union (Service 1st) has signed a multi-year agreement for Lumin Digital's cloud-native platform for online and mobile digital banking solutions. Lumin Digital will support over 36,700 Service 1st members when the credit union goes live on the platform in April 2022.

PSCU Announces Two Executive Appointments to Support Continued Growth and Success

September 29, 2021 — To further enhance its commitment to delivering an exceptional member experience, PSCU – the nation’s premier payments credit union service organization (CUSO) – has announced that Chris Gunnare has been appointed senior vice president, chief sales officer, and Yvonne Stelpflug has been named senior vice president, Advisors Plus.

PSCU Announces Additional Investment of Over $50 Million in Lumin Digital

August 24, 2021 — PSCU, the nation’s premier payments credit union service organization (CUSO), today announced that its Board of Directors has approved an additional investment of $54 million in Lumin Digital, PSCU’s cloud-native digital banking company, over the next three to five years. This investment will bring PSCU’s total investment to $125 million since the formation of Lumin Digital in April 2018, with continued investment expected to be announced in the near future.

PSCU Partners with 4Front Credit Union to Provide Debit, Credit and Contact Center Support

August 3, 2021 — PSCU, the nation’s premier payments credit union service organization (CUSO), has announced that 4Front Credit Union (4Front) has joined the cooperative for credit and debit card processing services, as well as contact center support.

Lumin Digital Partners with Consumers Credit Union to Launch Digital Account Opening Solution

July 27, 2021 - Lumin Digital, a PSCU company, announced that it has partnered with Consumers Credit Union (Kalamazoo, Mich.) to create and pilot a new digital account opening product for Lumin Digital customers. This new and optional feature will empower Lumin-affiliated credit unions to quickly process membership qualifications and verify identities, easily fund accounts and much more, all while helping prevent fraud and reduce the number of third-party solutions needed by credit unions to support digital account opening.

Greylock Federal Credit Union Expands Partnership with PSCU

July 22, 2021 - PSCU, the nation’s premier payments credit union service organization (CUSO), has announced it has expanded its partnership with Greylock Federal Credit Union (Greylock). In addition to support services for credit, the CUSO will now also provide debit processing support for the credit union.

PSCU Names Two New Associate Directors to Board

July 20, 2021 - PSCU, the nation’s premier payments credit union service organization (CUSO), today announced the appointment of Todd Lane, president and CEO of California Coast Credit Union (San Diego), and Maria J. Martinez, president and CEO of Border Federal Credit Union (Del Rio, Texas), as Associate Directors to its board.

Maui County Federal Credit Union Selects PSCU for Credit and Debit Processing Support

June 10, 2021 - PSCU, the nation’s premier payments credit union service organization (CUSO), has announced that Maui County Federal Credit Union (Maui County FCU) has joined the cooperative. PSCU will provide credit and debit processing services and support for the credit union’s more than 19,700 members beginning in 2022 and 2024, respectively.

PSCU’s CU Recovery Announces Partnership with DCM Services

June 8, 2021 - CU Recovery, a PSCU company, announced it has partnered with DCM Services, LLC (“DCMS”), the industry leader in data and contact management solutions for the estate and specialty receivables recovery market. The partnership will benefit credit unions across the nation as the two organizations combine their expertise in the accounts receivable management (ARM) industry.

Lumin Digital to Provide DuPont Community Credit Union with Digital Banking Solution

June 2, 2021 - Lumin Digital, a PSCU company, announced that DuPont Community Credit Union (DCCU) has signed a multi-year agreement for Lumin Digital's cloud-native platform for online and mobile digital banking solutions. DCCU has been part of the PSCU cooperative since 1996.

PSCU Announces New Executive Committee for Board of Directors

May 26, 2021 - PSCU, the nation’s premier payments credit union service organization (CUSO), has appointed a new executive committee for its board of directors for the 2021 fiscal year.

PSCU and Together Credit Union Partner to Provide Members with Credit and Debit Card Processing Support

May 25, 2021 - PSCU, the nation’s premier payments credit union service organization (CUSO), is thrilled to announce Together Credit Union (St. Louis) has joined the cooperative for full-service credit and debit card processing support and services.

Temenos’ New President for Asia Pacific on the Drive to Boost Engagement Across the Region

May 24, 2021 - Jean-Paul Mergeai is the new President of Asia Pacific, and Middle East & Africa for Temenos, having moved to Singapore in early February from his former Dubai base of seven years, from which he ran the firm’s Middle East and Africa operations.

PSCU’s CU Recovery Collects More than $3 Million on Behalf of Credit Union Clients, Setting New Record in March

April 19, 2021 - CU Recovery, a PSCU company, recorded a record-breaking month in recoveries for its more than 850 credit union clients by collecting over $3 million in charged-off debt in March.

A full-service collections agency, CU Recovery is dedicated to maximizing recoveries on charged-off loans exclusively for credit unions. For more than 30 years, the company has worked with credit union members to resolve their debts, keeping a close pulse on economic, business and credit cycles, as well as changes in the regulatory environment.

PSCU Launches Monthly Payments Index to Track Consumer Behavior and Payments Trends

April 15, 2021 - PSCU, the nation’s premier payments credit union service organization (CUSO), has announced the launch of the PSCU Payments Index, the next evolution of the CUSO’s successful consumer payments trend analysis. In this new monthly publication, PSCU will provide its credit unions and the broader market with timely data, analysis and thought leadership to help make informed, strategic decisions.

PSCU Expands Presence in the Aloha State

April 6, 2021 - PSCU, the nation’s premier payments credit union service organization (CUSO), has announced current Owners Honolulu Federal Credit Union (HOCU) and HFS Federal Credit Union (HFS) have expanded their partnerships with the CUSO, while Pearl Hawaii Federal Credit Union (Pearl Hawaii) has joined the cooperative as a new Owner. All three will partner with PSCU for credit and debit processing services.

Credit Union of Texas Expands Partnership with PSCU

March 30, 2021 - PSCU, the nation’s premier payments credit union service organization (CUSO), has announced it has expanded its partnership with Credit Union of Texas (Dallas). In addition to support services for debit, the CUSO will now also provide credit processing support for the credit union.

PSCU Launches Unified Agent Desktop Contact Center Solution

March 16, 2021 - PSCU, the nation’s premier payments credit union service organization (CUSO), has announced the launch of its newest contact center solution, Unified Agent Desktop.

PSCU and Allied Solutions Partner to Provide Delinquency Management Services

March 11, 2021 - PSCU, the nation’s premier payments credit union service organization, and Allied Solutions (“Allied”), one of the largest providers of insurance, lending and marketing products to financial institutions in the U.S., today announced they have partnered to provide financial institutions with single-source delinquency management services and support, including first- and third-party collections solutions.

PSCU to Offer Installment Payments Solution

February 10, 2021 - PSCU, the nation’s premier payments credit union service organization (CUSO), today announced it will soon offer a new Installment Payments solution.

PSCU and Fiserv Extend Payments Processing Partnership

January 13, 2021 - PSCU, the nation’s premier payments credit union service organization (CUSO), today announced that it has extended its payments processing agreement with Fiserv, Inc. (NASDAQ: FISV) (“Fiserv”), a leading global provider of payments and financial services technology solutions.

PSCU to Partner with Welcome Technologies and MRV Banks, Bringing Credit Card Program to Underserved Immigrant Communities

December 16, 2020 - PSCU, the nation’s premier payments credit union service organization (CUSO), today announced that Welcome Technologies has selected the CUSO to provide processing services and support for its first-ever credit card program.

PSCU Launches Digital Issuance Solution

December 10, 2020 - In an effort to continue enhancing credit union member experience, PSCU – the nation’s premier payments credit union service organization (CUSO) – has announced the launch of its newest digital solution, Digital Issuance. Now available to Owner credit unions, PSCU Digital Issuance creates seamless, uninterrupted payment experiences and enables cardholders to continue transacting digitally, even in the absence of their physical card.

PSCU Helps Credit Unions Proactively Fight Fraud with Enhanced Fraud Services

November 10, 2020 - Following the successful soft launch of its Enhanced Fraud Services in Summer 2019, PSCU – the nation’s premier credit union service organization – today announced the service has helped 10 early adopter credit unions combat fraud of all types, ranging from first-party chargeback fraud to identifying card information being sold on the dark web.

PSCU to Leverage FICO® Customer Communications Services to Build Leading Fraud Alert Solution for Credit Unions

October 27, 2020 - PSCU, the nation’s premier payments credit union service organization (CUSO), announced today that it will begin using FICO® Customer Communications Services (CCS) to build a cutting-edge fraud alert program that will notify members of potential fraud quickly, in the channel best suited for the member, and in a secure way that guarantees member confidence that the notification is valid.

PSCU Releases “Fast Access, Fast Payments” White Paper

September 22, 2020 - Accelerated by the global COVID-19 pandemic, credit union member demand for faster – and more digital – payments has increased exponentially in 2020.

Cardinal Credit Union Expands Partnership with PSCU

August 4, 2020 - PSCU has announced it has expanded its relationship with Cardinal Credit Union (Mentor, Ohio). In addition to support services for credit, the nation’s premier payments credit union service organization (CUSO) will now also provide debit processing support for the credit union.

PSCU Launches New “Credit Union Give Back Sweepstakes”

July 20, 2020 - PSCU, the nation’s premier payments credit union service organization (CUSO), is excited to announce the launch of its new loyalty program, the Credit Union Give Back Sweepstakes.