PSCU Financial Services, a credit-union service organization, has signed a five-year agreement with Chevron Federal Credit Union to convert 55,000 debit cards to PSCU Financial's debit platform, the companies announced Monday. Oakland, Calif.-based Chevron Federal is converting 40,000 signature-debit cards and 15,000 PIN-debit cards to PSCU's debit platform because of its fraud-management technology and its contact center, which operates 24 hours per day every day, Chevron Federal officials said. The center manages lost and stolen accounts. St. Petersburg, Fla.-based PSCU has dedicated staff members who create promotions designed to stimulate growth within credit unions' debit portfolios," says David Serlo, PSCU Financial president and CEO. First Data Corp. processes PSCU's debit card transactions. Chevron Federal has 65,000 members in all 50 states, the District of Columbia and 67 countries.
Authoritative analysis and perspective for every segment of the payments industry
Authoritative analysis and perspective for every segment of the industry
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