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First Data inks long-term deal with credit-union group
July 8, 2007
OMAHA, Neb. - First Data Corp. has announced the signing of a long-term contract extension with PSCU Financial Services, a U.S. credit-union-service organization.
According to a news release, PSCU Financial Services has more than 500 member-owner credit unions that represent roughly 11 million debit- and credit-cardholder accounts. Under the agreement, First Data is expected to provide a suite of credit and debit products - including debit and credit processing, ATM driving, fraud prevention services, plastics and statement production, data analytics and PIN-secured debit access via the Star Network - to PSCU Financial Services and its member-owners.
First Data has provided credit and debit card processing for PSCU since 1989. "Working with First Data allows us to help our credit unions across the country successfully manage and grow their portfolios while protecting themselves and their members with cutting edge fraud products," said David J. Serlo, president of PSCU Financial Services.
Debit / CreditTransaction ProcessingEFT NetworksBanking Executive SummaryOtherNorth AmericaBank / Credit Union
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