X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

ST. PETERSBURG, Fla. — The ongoing and changing nature of fraud risk that credit unions face in their debit and credit card programs has brought a policy shift from PSCU Financial Services, the largest card services CUSO in the country. Previously the card CUSO, which serves over 500 credit unions that process their card accounts though First Data Corp., has taken a “decentralized” approach to fraud protection, according to PSCU CEO David Serlo. Under this approach, PSCU provided fraud prevention tools that each of its credit union member owners could deploy as it saw fit. Under the new approach Serlo described, PSCU will start and employ a new division in its structure to provide card fraud protection around the clock, 365 days a year.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.