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Fintech innovations coming in 2020 for credit unions. Source: Shutterstock.

The payments CUSO PSCU announced on Tuesday that its board of directors approved an additional investment into PSCU’s digital banking company, Lumin Digital, of $54 million.

In a statement from PSCU, the CUSO said the new investment will be dispersed over the next three to five years, bringing the total investment by PSCU in Lumin Digital to $125 million.

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Michael Ogden

Editor-in-Chief for CU Times.

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