Through an ongoing process of habituation over the last two decades, consumers have come to not only want certain types of seamless experiences in their commercial interactions — they’ve actually come to expect them. Anyone who has a Facebook account, uses Gmail, orders from Amazon or...
PSCU, a payments credit union service organization (CUSO), announced that Westby Co-Op Credit Union (WCCU) has become a part of the cooperative for credit card processing support and services. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Credit unions’ emphasis on member relationships is one of the main factors that distinguishes them from large banks and FinTechs. PYMNTS’ Credit Union Innovation Index found 65 percent of CU members chose credit unions as their primary financial institutions (FIs) because they trusted them, compared...
Credit union members are increasingly placing emphasis on self-services like mobile and online banking for their seamlessness and convenience. And while many CUs are undergoing extensive changes to meet this demand, they face challenges in keeping members' data private and secure. In this month’s Credit...
PSCU’s Lumin Digital has signed the Vermont State Employees Credit Union (VSECU) to a multi-year digital banking and cloud computing agreement, Lumin announced on Wednesday (Feb. 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
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PSCU, the credit union service organization (CUSO), announced on Monday (Feb. 24) that it is finishing up a proof of concept (POC) with CULedger and Baxter Credit Union (BCU) for a blockchain-based decentralized identification platform. Get the Full Story Complete the form to unlock this...
Credit unions (CUs) have a bit of asymmetry in their relationships with their customers. On one hand, as PYMNTS data shows, customers very much like their credit unions, and are loyal to them. PYMNTS found that 65 percent of members chose their CUs because they trusted them, 58.4...
PSCU has prevented over $277 million in would-be fraud last year, 30 percent more than in 2018. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...