Payment Platforms

PSCU's latest report suggests members are growing comfortable "using debit for online purchases and via digital wallets."

A PSCU official says, "These trends are encouraging as the rebound continues."

Card-not-present transactions are up 35% in the first half of May, while in-person transactions using cards are down 33%.

Aptys will operate as a standalone subsidiary for Catalyst Corporate, which is already transitioning its 600 ACH client CUs to the payments platform.

According to PSCU's research, this is the fifth week of positive growth.

According to a new white paper, this quick shift in digital payment adoption requires FIs to "review their digital banking roadmaps."