The continued rise of contactless payments may be among the most notable payments trends of the year, and it could pave the way for innovations that will shape commerce in the years ahead. PSCU Chief Growth Officer Brian Scott told PYMNTS that the groundwork was...
EarnUp has launched a platform designed exclusively for credit unions that aims to drive member engagement by providing solutions that automate savings, enhance loan eligibility and improve overall financial health. The new EarnUp Engagement Platform takes an ecosystem approach to member value, incorporating three key...
In 1948, International Credit Union Day was created to celebrate credit unions around the world. Since then, the third Thursday of every October has been dedicated to celebrating the advancements made in the credit union (CU) space, as well as what makes the member-owned nonprofit cooperative financial...
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 PSCU, told PYMNTS that the consolidation has been a response to “a myriad of factors” as pairings and buyouts happen...
United Community Credit Union, which serves Galena Park Independent School District employees in Texas, teamed with credit union service organization (CUSO) PSCU to provide debit and credit card processing services and support. “This partnership with PSCU is a significant step forward in our journey to...
Horizon Credit Union, a nonprofit financial cooperative with more than 30 locations in four states, has partnered with PSCU, a credit union service organization (CUSO) and integrated financial technology solutions provider. The partnership will see PSCU provide services and support for Horizon Credit Union’s debit...
Cryptocurrencies have become a popular choice for consumers either seeking a novel, fast-moving and potentially lucrative investment opportunity or exploring alternative payment methods to fiat currency. This interest is particularly evident among credit union (CU) members, with a study finding that 26% of CU members...
Few technologies have sparked more interest and controversy in recent years than cryptocurrency. The worldwide market capitalization of the digital currency hit more than $1 trillion earlier this year. Cryptocurrency is renowned for its potential to create wealth and dramatic fluctuations in value, leading to...
Subprime account holders may be driven toward banking innovations in their quest for financial wellness. It’s difficult enough to tread water as a consumer with subprime credit, whose 600 or below score often means they face higher borrowing costs and fees than consumers with prime or...