PSCU extends payments processing partnership with Fiserv

By Pavithra R

PSCU, the nation’s premier payments Credit Union Service Organization (CUSO), has announced extending its payments processing partnership with Fiserv, a leading global provider of financial services technology solutions.

The agreement extends the companies’ longstanding partnership, which began in 1989. Since the alliance began, PSCU has evolved from a reseller of transaction processing services to an integrated, value-add FinTech solution provider offering an end-to-end experience for credit unions and their members. Today, PSCU serves credit unions throughout the U.S. and facilitates more than 5.4 bn transactions annually.

“PSCU and Fiserv share a mutual respect for each other’s business, and we are pleased to extend our longstanding partnership through this decade. Our extended agreement not only provides continuity for the credit unions we serve, it also helps PSCU continue to innovate, as exemplified by our successful early-market launches of contactless and digital issuance. We are excited to continue the strong level of collaboration that we have established between our organizations on behalf of the credit union industry,” said Chuck Fagan, president and CEO of PSCU.

The partnership with Fiserv will enable PSCU owner credit unions to access a powerful processing engine, innovative solutions and services.

“PSCU and Fiserv share a commitment to helping financial institutions prepare for the future and provide a best-in-class experience for their members and customers. We are proud to extend our partnership with PSCU and look forward to working together to help promote the growth and success of credit unions throughout the country,” said Frank Bisignano, president and CEO of Fiserv.

Established in 1984, Fiserv is a global provider of payment and financial services technology. The FinTech aspires to move money and information in a way that moves the world. The FinTech is a member of the S&P 500 Index and the FORTUNE 500 and is among FORTUNE World’s Most Admired Companies.