Vermont-based 802 Credit Union (802CU) has selected credit union service organization (CUSO) Velera to provide debit and credit card processing support. Velera will begin providing debit card processing support to the credit union in September and credit card processing services in March 2026, the companies...
Credit union service organization (CUSO) Velera will provide debit card processing and support to Mississippi-based Keesler Federal Credit Union, which serves 327,000 members in the Southeast. This marks an expansion of a 40-year partnership between the CUSO, which was formerly known as PSCU/Co-op Solutions, and...
Credit union service organization (CUSO) Velera has begun providing card processing solutions to BrightStar Credit Union, which services about 60,000 members in South Florida. The CUSO started providing credit card processing support to the credit union in June and will add debit card processing services...
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....
February 13, 2026
Michael Abraham, the chief strategy officer of Great Lakes Credit Union (GLCU), spotted a flaw in how his $2.4 trillion industry had done business for decades. Most credit unions don’t have the dollars, expertise or manpower to develop essential tools like digital wallets and artificial intelligence (AI) chatbots on their own, let alone to modernize […]
September 07, 2023
Two heads are frequently better than one, and good things often come in pairs. That could be why, when Brian Scott, chief growth officer at credit union service organization PSCU, was asked...
June 27, 2022
It was once sufficient for credit unions (CUs) to lean on their reputations as being customer-centric and mission-driven. Increasingly, however, consumers need access to cutting-edge financial technologies and payment methods...
April 01, 2022
While decision makers in some industries may aim to keep their companies on the bleeding edge of innovation, those at credit unions are more likely to say they want to be...
April 29, 2025
Vermont-based 802 Credit Union (802CU) has selected credit union service organization (CUSO) Velera to provide debit and credit card processing support. Velera will begin providing debit card processing support to the credit union in September and credit card processing services in March 2026, the companies said in a Tuesday (April 29) press release emailed to […]
November 20, 2024
Credit union service organization (CUSO) Velera will provide debit card processing and support to Mississippi-based Keesler Federal Credit Union, which serves 327,000 members in the Southeast. This marks an expansion...
September 12, 2024
Credit union service organization (CUSO) Velera has begun providing card processing solutions to BrightStar Credit Union, which services about 60,000 members in South Florida. The CUSO started providing credit card...
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...
