Lumin digital windows#

Digital payments and card management are two essential capabilities that we offer our clients and their members. “Lumin Digital enables financial institutions to provide consumers with a highly personalized and engaging digital banking experience.

Lumin digital windows#

This enables the platform to be continuously updated with no scheduled maintenance windows or interruptions for members, providing an optimized banking experience that works and feels like elite apps. Lumin’s innovative “zero downtime upgrades” model enables weekly iterations, updates and innovations without having to bring the system down – a key differentiator in the market. Lumin Digital’s focus on modern and stable architecture, convenience and speed has earned the company a 100% client referral rate. Together with PSCU’s ongoing investments in its core programs like dispute management, data and analytics, fraud and more, this additional investment in Lumin Digital reinforces PSCU’s commitment to diversifying its business model and preparing both the cooperative and its credit unions for the future.

With market demand and growth remaining even higher than anticipated, this capital will also be used to scale Lumin’s implementation and support capacity to meet these market needs.

This additional investment will enhance Lumin Digital’s ability to elevate its industry-leading platform for retail and business banking, including advanced features such as online account opening and other capabilities. This investment will bring PSCU’s total investment to $125 million since the formation of Lumin Digital in April 2018, with continued investment expected to be announced in the near future. (Aug.24, 2021)- PSCU,the nation’s premier payments credit union service organization (CUSO), today announced that its Board of Directors has approved an additional investment of $54 million in Lumin Digital, PSCU’s cloud-native digital banking company, over the next three to five years.