Velera has announced its partnership with BrightStar Credit Union in order to provide card processing solutions and an optimised client experience for its members. Velera and BrightStar Credit Union are expected to provide secure and optimised card processing solutions for businesses and customers alike, while also delivering an enhanced cardholder experience for employees and members.

Throughout this partnership, both financial institutions will continue to focus on meeting the needs, preferences, and demands of clients and customers in an ever-evolving market, while prioritising the process of remaining compliant with the laws and regulatory requirements of the local industry as well. More information on the Velera x BrightStar Credit Union collaboration Velera represents a payments credit union service organisation (CUSO), as well as an integrated financial technology solution provider. BrightStar Credit Union services multiple members across the South Florida community, while also holding over USD 870 million in assets.

The company provides a variety of financial products, such as checking and savings accounts, mortgages, loans, credit cards, and online banking as well. BrightStar Credit Union sought out an organisation that not only met its technical requirements of providing secure and efficient payment experiences but also shared its value and strategy of offering improved experiences to its members. Velera met these requirements due to its commitment to development, innovation, reliability, and trust.

Velera’s card processing tools are expected to bring enhanced functionality to BrightStar Credit Union’s cardholders, offering advanced features such as real-time transaction alerts, contactless payments, efficient mobile integration, as well as robust fraud protection. The partnership also aligns with BrightStar's vision of delivering improved and safe payment experiences to its members, while contributing to the development of the local financial landscape as well. .