May 23, 2022 – Seeking operational efficiencies, enhanced member experiences and a committed, collaborative technology partner, TruChoice FCU has added Debit, ATM and Credit processing to its services provided by Co-op Solutions.
“We were working with separate vendors, and wanted to have a more holistic approach to our card offerings,” said Ken Acker, CEO of TruChoice.… Read more
CO-OP Payments Trends Report (Spending Data from April 1-30)
May 18, 2022 – Several months of consumer price pressures, stock market volatility, geopolitical threats and rising interest rates are beginning to take their toll on consumer spending. Co-op’s April credit union card portfolio data showed weak month-over-month results across most categories as cardholders grew concerned with the potential of recession later this year.… Read more
Today, PSCU – the nation’s premier payments credit union service organization (CUSO) – published the May edition of the PSCU Payments Index, the goal of which is to provide information and insights to help financial institutions make informed, strategic decisions on the road ahead.
In the Labor Department’s May 11 update, the Consumer Price Index (CPI) moderated slightly, with a 0.3% increase in April.… Read more
Article by Jonathan Antonini with intro by Jack Antonini
We live at a time when traditional values are being challenged nearly every day. As credit union leaders, we embrace traditional values, such as People Helping People, the mission of the credit union movement. As we work to help members, and our teams who work so hard to support our mission of helping our members, it can be helpful to think about some of the traditional values that are being undermined and forgotten.… Read more
Enables PSCU and its financial institutions to directly participate in faster and real-time payments innovation
May 11, 2022)— PSCU, the nation’s premier payments credit union service organization (CUSO), today announced that it has completed the acquisition of Juniper Payments, LLC from PITECO S.p.A. and two principal owners, who will continue with the company under PSCU.… Read more