PSCU and Amount to offer credit card origination services to CUs

Wednesday 27 April 2022 13:02 CET | News

US-based PSCU has partnered with fintech Amount to give credit unions (CUs) credit card origination services through an augmented digital platform.

PSCU set out to identify a technology provider with functionality for digital credit card opening and loan origination. Amount provides cloud-based lending origination and account opening solutions to some of US’ banking clients. The latter’s platform supports instant approvals to optimise the loan application experience.

PSCU representatives explained that their new partnership will add value for their credit unions by enabling a digital-first credit card application experience that is simple to implement. In addition to growing credit card portfolios, it will drive new member acquisition as consumers can apply for credit union membership while requesting their new card.

The two companies’ respective expertise will unlock a solution that will facilitate further deepening credit unions’ relationships with members by introducing digital lending solutions in the market. PSCU is streamlining integration to enable a quick-to-market solution, from its hosted products to its suite of custom APIs. Through this partnership, credit unions will be able to offer a branded, end-to-end solution.

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Keywords: credit card, partnership, omnichannel, digitalisation, API, cloud services
Categories: Payments & Commerce
Companies: Amount, PSCU
Countries: United States
This article is part of category

Payments & Commerce




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