Madison, Wis. and St. Petersburg, Fla. — (Sept. 12, 2018) — Two industry leaders have announced a new partnership based on a common vision to bring shared value on behalf of the credit union industry. PSCU – the nation’s premier payments CUSO – and CUNA Mutual Group, a leading insurance and financial services company – have come together to explore opportunities surrounding the expanded use of data and analytics, with a goal of benefiting credit unions and the industry as a whole.
“PSCU has been an industry leader in data and analytics for several years, and we are now placing more of a focus on these offerings than ever before,” said Tom Gandre, Chief Operating Officer for PSCU. “We are excited to come together with another industry leader to drive home the value of analytics for the credit union industry.”
PSCU’s Member Insight is a suite of advanced analytics tools that helps credit unions uncover the information they need to understand the performance, profitability, growth opportunities and risk mitigation in their credit, debit, bill pay and ATM portfolios. Credit union users currently derive insights and actions based on thousands of database searches conducted annually. CUNA Mutual AdvantEdge Analytics provides comprehensive technology and data analytics services for credit unions, helping credit unions effectively harness the power of data in new and insightful ways.
“This is an exciting step for industry collaboration between PSCU and CUNA Mutual Group as we explore new ways to bring a better digital experience for credit unions and their members,” said Shazia Manus, chief strategy and business development officer for CUNA Mutual AdvantEdge Analytics. “Together, we will continue to not only address the evolving data analytics needs of credit unions, but more importantly, we will continue to build the digital ecosystem to improve the member financial experience overall.”
The new partnership will explore innovation and strategic development ideas by leveraging collective capabilities in digital and analytics solutions, including additional infrastructure for the AdvantEdge Analytics™ Data Platform, as well as connections with PSCU’s Advisors Plus and contact centers. The companies will also explore areas to further enable actionable growth strategies through data analytics that will improve member intelligence and accelerated analytics adoption to help strengthen credit unions for the future.
About CUNA Mutual AdvantEdge Analytics, LLC:
CUNA Mutual AdvantEdge Analytics, LLC (AdvantEdge Analytics) is a technology, data and analytics company that provides end-to-end solutions including data management, visualizations, predictive analytics, insight activation and consulting services to credit unions. Built on more than 80 years of commitment and experience working with credit unions and their members, AdvantEdge Analytics helps credit unions effectively harness the power of data in new and insightful ways. Information about AdvantEdge Analytics can be found at www.advantedgeanalytics.com.
About CUNA Mutual Group
CUNA Mutual Group is a financially strong insurance and investment company. For generations, we’ve partnered with credit union leaders to protect and grow their businesses, and help people plan, protect and invest for their future. CUNA Mutual Group offers commercial and personal insurance products; lending and payment security solutions; and retirement, investment and marketing services. Additional information about the company can be found at www.cunamutual.com.
CUNA Mutual Group is the marketing name for CUNA Mutual Holding Company, a mutual insurance holding company, its subsidiaries and affiliates. Life, accident, health and annuity insurance products are issued by CMFG Life Insurance Company and MEMBERS Life Insurance Company. Corporate headquarters are located in Madison, Wis.
PSCU is the nation’s premier payments CUSO. Committed to service excellence and focused on innovation, PSCU offers a comprehensive, highly integrated suite of traditional and digital payments solutions for credit unions to optimize their member experience. Leveraging digital technology, PSCU supports the success of nearly 900 Owner credit unions representing over 22 million accounts through secure, best-in-class solutions including payment processing, risk management, analytics, loyalty programs, digital banking, marketing, strategic consulting and mobile platforms. Comprehensive, 24/7/365 member support is delivered by contact centers located throughout the United States. The origin of PSCU’s model is collaboration and scale, and the company has leveraged its influence on behalf of credit unions and their members for more than 40 years. For more information, visit pscu.com.