All eyes have been on open banking following the Consumer Financial Protection Bureau (CFPB)’s recent release of its Personal Financial Data Rights proposed ruling as different organizations, leaders and stakeholders look to define and [...]
As consumers struggle to make payments, it is vital for credit unions to implement successful bankruptcy and repossession strategies. This is especially critical today with inflation, mass layoffs, cost-of-living increases, high interest rates and the [...]
The market for financial services is increasingly fragmented, commoditized, transactional and competitive. At a high level, many—if not most—credit unions know how to win in this context. They know that in order to [...]
Far from banking with only one "primary financial institution," consumers today easily toggle between different providers and apps for different financial needs. This fragmentation can be challenging for even the most forward-thinking credit unions. This [...]
Today’s consumers expect immediacy and a frictionless experience, especially around less complex and higher frequency processes like acquiring a new credit card. While many credit unions have modernized their in-branch and contact center processes [...]
Battered by economic challenges, today’s financial consumers are being forced to reevaluate their spending and saving habits. Fewer consumers are feeling financially secure, with nearly half of all surveyed living paycheck to paycheck. Despite [...]
The regulatory arena for credit unions is constantly evolving, and one of the most active areas in recent years pertains to debit interchange. The Durbin amendment requires debit issuers to maintain a minimum of two [...]
Velera – formerly PSCU/Co-op Solutions, the nation’s premier payments credit union service organization (CUSO) and an integrated financial technology solutions provider – today announced it has launched an innovative new onboarding and project management platform. [...]
Velera is proud to announce a webinar at no charge for credit union leaders interested in learning how to create a successful member-centric strategy. The virtual event titled “Approaching Member Centricity from the Inside Out” [...]
Today, Velera – formerly PSCU/Co-op Solutions, the nation’s premier payments CUSO and an integrated financial technology solutions provider – published the June edition of the Velera Payments Index, the goal of which is to provide [...]
Velera, the nation’s premier payments credit union service organization (CUSO) and an integrated financial technology solutions provider, is pleased to announce its partnership with Utilities Employees Credit Union (UECU) to provide debit and credit [...]
Velera – formerly PSCU/Co-op Solutions, the nation’s premier payments credit union service organization (CUSO) and an integrated financial technology solutions provider – is pleased to announce its expanded partnership with Truliant Federal Credit Union (Truliant) [...]
Velera – formerly PSCU/Co-op Solutions, the nation’s premier payments credit union service organization (CUSO) and an integrated financial technology solutions provider – has announced that cPort Credit Union has joined the Co-op ATM network. The [...]
Today, Velera – formerly PSCU/Co-op Solutions, the nation’s premier payments CUSO and an integrated financial technology solutions provider – published the May edition of the Velera Payments Index, the goal of which is to provide [...]
