Financial institutions face many challenges in trying to deliver a seamless disputes management process. In the wake of growing disputes volumes and heightened cardholder expectations, PSCU has made a multimillion-dollar investment in disputes management. We have collaborated with market- leading technology organizations to significantly improve the process to report and resolve a dispute for both financial institutions and cardholders.
Last year, we announced our goal to deliver this new optimized process in phases and, as promised, our first phase is now live. This first phase of the new dispute management experience will allow financial institutions on the Optis platform to process credit non-fraud disputes using the brand-new technology!
As we continue to roll out phases and enhancements in the coming months, we will continue to provide updates. Please visit this site often for new information on this initiative.
Key Features of the new disputes management solution include:
Streamlined case submission process
Real-time connectivity to Visa and Mastercard
Centralized tool for all dispute claims and documentation, with enhanced automated functions for managing these disputes and documents
Case status update options for FI staff
The overall opinion from our pilots and early adopters has been consistently positive:
“Like the notes between the PSCU Disputes Agent and financial institution staff on a dispute case. Also the ability to upload a document to a case if a cardholder comes into the financial institution.”
– Founders Federal Credit Union
“Dashboards are great! Love being able to drill down to additional details. We have never had this level of details for non-fraud disputes in the past!”
– CAMPUS USA Credit Union
“Love that everything is in one location, not three.”
– MIDFLORIDA Credit Union
Optis (Omaha) Credit Non-fraud disputes & General
Correspondence - Live today
Optis (Omaha) Credit Fraud Disputes
Optis (Omaha) Debit/In-house Credit Non-fraud disputes
Optis (Omaha) Debit/In-house Credit Fraud disputes
Wilmington Debit Non-fraud disputes
Wilmington Debit Fraud disputes
Digital Delivery of Disputes
Case Tracking Experiences
(DX Solutions / APIs)
Additional Information will be
provided as available
PSCU’s new disputes management solution will positively affect both our financial institutions and cardholders, creating an efficient, transparent cardholder experience. When fully complete, dispute case status will be immediately available to both your financial institution and the cardholder via the cardholder’s preferred channel, including real-time integration with association platforms.
For your credit union, the optimized disputes process will provide a consolidated dispute/fraud platform for both credit and debit disputes, centralized case status reporting through the Disputes Portal and strategic regulatory communication through Cardholder Insight.
For your cardholders, the new process will provide real-time visibility into case status, improve speed of case resolution and provide cardholders a choice of channels for interactions around their case.
No. The cost for this initiative is included in PSCU’s multi-year investment announced at the start of fiscal year 2020.
There are no pricing changes involved at this time.
For a full project timeline, contact your PSCU Account Executive. Key phases to rollout include:
Not at this time. Participants in the pilot program have already been identified via PSCU’s Account Management teams.
Visit PSCU’s Disputes Optimization Initiative microsite at www.pscu.com/disputes-optimization for real-time updates on the new disputes management solution and disputes thought leadership. We will also provide ongoing proactive communications to our financial institutions, including emails, newsletter content and webinars.