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Mastercard is a payments technology company that processes over 23 billion transactions a year and offers payment processing, data analytics, cybersecurity and consulting services in more than 200 countries and territories.
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Velera
Velera provides payment processing, fraud prevention and digital banking technology to more than 4,000 financial institutions across North America, handling nearly 16 billion transactions a year.
Velera is a payments credit union service organisation (CUSO) and financial technology provider serving credit unions and other financial institutions across North America. The company, which traces 45+ years of combined expertise through PSCU and Co-op Solutions and describes itself as a 47-year-old firm, was founded to help credit unions offer payment solutions to their members. It reports serving more than 4,000 financial institutions and processing nearly 16 billion transactions annually.
Its work spans payments technology and payment processing, fraud prevention, digital banking and broader fintech solutions. Payment Processing provides the infrastructure that lets credit unions offer payment services to members; Fraud Prevention and Digital Banking capabilities sit alongside it as part of an integrated suite. The stated aim of these products is to help credit unions compete in a changing financial landscape.
The company operates in the United States and across North America, working with clients in credit unions, financial services, payments and banking. Its stated approach emphasises operating with velocity so that clients can keep pace with rapid change, alongside an emphasis on service. Further information is available at https://velera.com/.
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