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.
-
BOK Financial and Atlantic Union Bankshares are among the lenders with very low rates of bad loans. They're telling investors it won't last forever.
34m ago -
AI is being used to help investigate red flags and to chat with criminals to find out more about their tactics.
34m ago -
Support for Citi's annual say-on-pay resolution fell steeply, with about 60% of shareholders voting in favor of the bank's 2025 executive-compensation program. The decline is likely related to a one-time equity award to CEO Jane Fraser and concerns about how the bank determines incentive pay.
May 20 -
The House passed housing legislation that includes a slightly pared-down institutional investor housing ban, as well as a raft of community bank measures.
May 20 -
The White House issued an executive order Tuesday requesting that the Federal Reserve review access to payment accounts for fintechs and digital asset firms.
May 20 -
A Senate Commerce Committee hearing Wednesday underscored the debate over whether the Commodity Futures Trading Commission has the capacity to regulate the rapidly growing prediction markets industry.
May 20











