PSCU Financial Services is joining in the EMV wave, rolling out new credit cards that carry both EMV chip-and-PIN security and traditional magnetic stripes.
The new cards are available to all 680 of the big CUSO's member-owner credit unions but are focused at U.S. credit unions that have large overseas membership, including PSCU's development partner in project, Andrews FCU in Suitland, Md.
The $815 million Andrews FCU has 13 branches, including six in Germany, Belgium and the Netherlands where the new cards will initially be offered, the credit union said. Its 93,000 members are primarily in military and military-related civilian jobs.
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