PSCU becomes first CUSO to engage with Mastercard start path global
CUSO aligns with financial technology startups to develop next generation solutions
ST. PETERSBURG, FL (April 20, 2017) — PSCU, the nations leading credit union service organization (CUSO), has announced a partnership with Mastercard Start Path Global, Mastercards program supporting later-stage startups that are reshaping the future of commerce. Fintech companies are businesses that leverage new technology to create new and improved financial services for both businesses and consumers. They are typically startups with the ability to rapidly develop and deliver scalable and engaging new tools, characteristics that financial services organizations value in partnerships that can help them compete more nimbly and effectively in their markets.
We are excited to be the first CUSO to take part in the Start Path program, said Chuck Fagan, PSCU President & CEO. Our participation gives PSCU and its Owners a faster track to the starting line of new technologies and services, which is a valuable benefit of Start Paths provider evaluation and vetting processes.
The Start Path team has worked with more than 100 startups since its inception in 2014. The program is open to startups that are reshaping the future of banking and payments and have raised a significant seed or Series A round of investment. Start Path partners receive access to exclusive fintech insights and meaningful introductions to the startups with which Mastercard works.
Start Path has seen great success with helping a diverse group of startups scale their businesses, said Amy Neale, Vice President, Mastercard Start Path Global. By allowing partners like PSCU to tap into these innovative solutions, Mastercard is providing necessary access and opening the door to a world of possibilities.
PSCU, the nation’s premier payments CUSO and an integrated financial technology solutions provider, supports the success of more than 2,400 financial institutions and processes nearly 7.7 billion transactions annually. Committed to service excellence and focused on continuous innovation, PSCU’s payment processing, fraud and risk management, data and analytics, digital banking, strategic consulting and real-time payments platforms, along with 24/7/365 member support via its contact centers, help deliver personalized, connected experiences. 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 45 years. Today, PSCU provides an end-to-end, competitive advantage that enables credit unions to securely grow and meet evolving consumer demands. For more information, visit pscu.com.
About Mastercard Start Path
Mastercard Start Path is a global effort to support innovative startups developing the next generation of commerce solutions today. Start Path was launched in 2014 with an objective to help startups to grow their businesses faster than they could by themselves. Startups that join the program can benefit from the knowledge of a global network of Mastercard experts, access to Mastercard customers and partners, and the ability to innovate on top of Mastercard solutions. Mastercard customers that join the program as partners get connected to the best and brightest startups and gain access to innovations from across the globe. For more information visit www.startpath.com or follow Mastercard Start Path on Twitter at @MAstartpath.