St. Petersburg, Fla. (Sept. 12, 2024) – Velera – formerly PSCU/Co-op Solutions, the nation’s premier payments credit union service organization (CUSO) and an integrated financial technology solutions provider – is pleased to announce its partnership with BrightStar Credit Union to offer card processing solutions, providing an enhanced cardholder experience for its members and employees.

BrightStar Credit Union services nearly 60,000 members across the South Florida community and holds over $870 million assets. Headquartered in Hollywood, Florida, BrightStar offers a variety of financial services, including checking and savings accounts, loans, mortgages, credit cards and online banking.

During its search for an ideal card processing partner, BrightStar sought out an organization that not only met its technical requirements of providing seamless, secure payments experiences, but one that also shares its values and mission of delivering outstanding service to its members. Following a thorough search, BrightStar chose to partner with Velera due to its commitment to innovation, service and reliability.

“As a CUSO, Velera shares a unique understanding of our needs and values, fostering a partnership that is built on mutual goals and trust,” said BrightStar Vice President of Finance Natasha Schneider. “Its state-of-the-art card processing solutions bring enhanced functionality to our cardholders, offering advanced features such as contactless payments, real-time transaction alerts, seamless mobile integration and robust fraud protection. With Velera, we are assured of a partnership that aligns with our vision of delivering a superior and secure payments experience for our members.”

Velera began providing credit card processing support in June 2024 and will add debit card processing services in September 2024.

“Velera and BrightStar Credit Union share a commitment to providing innovative solutions and best-in-class service,” said Velera EVP, Chief Growth Officer Brian Scott. “We are extremely pleased to have the opportunity to help BrightStar enhance its member experience across the South Florida community.”

About Velera

Velera, formerly PSCU/Co-op Solutions, is the nation’s premier payments credit union service organization (CUSO) and an integrated financial technology solutions provider. With over four decades of industry experience and a commitment to service excellence and innovation, the company serves more than 4,000 financial institutions throughout North America, operating with velocity to help its clients keep pace with the rapid momentum of change and fuel growth in the new era of financial services. Velera leverages its expertise and resources on behalf of credit unions and their members, offering an end-to-end product portfolio that includes payment processing, fraud and risk management, data and analytics, digital banking, instant payments, strategic consulting, collections, ATM and POS networks, shared branching and 24/7/365 member support via its contact centers. For more information, visit velera.com.