PSCU announces $100 million tech investment, plans for more contactless cards

The investments will help fuel what PSCU calls an end-to-end payments platform in an integrated environment.

The St. Petersburg, Fla.-based CUSO PSCU will invest $100 million over the next three years in technology and digital experiences, according to an announcement.

The investments will help fuel what PSCU called an end-to-end payments platform in an integrated environment.

“The focus will be on accelerating the development of technology, solutions and operational initiatives, including modernizing existing infrastructure, leveraging cloud technology, and driving efficiencies through robotics and artificial intelligence,” it said in an announcement.

Additionally, PSCU will invest more in Lumin Digital, which is the CUSO’s cloud-based digital banking platform.

 

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