PSCU Financial Services has entered into a strategic alliance with Ongoing Operations LLC, and made an equity investment of $250,000 in the disaster recovery CUSO. Under the deal, PSCU Financial will market the Maryland-based CUSO's business continuity services to its 500 credit union member/owners and Ongoing Operations will market PSCU Financial's CUAlways 24/7 call center solution as part of the disaster recovery services. In addition, PSCU Financial agreed to invest $250,000 into the CUSO. Ongoing Operations is owned by seven mid-Atlantic state credit unions.
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Governor Gavin Newsom announced the swearing in of Rohit Chopra as secretary of the California Business and Consumer Services Agency, Amalgamated Bank of Chicago promoted Cherie Duve to executive vice president and chief legal officer, Ramon M. Rodriguez joins USCB Financial Holdings and U.S. Century Bank as an independent director, and more in this week's banking news roundup.
July 3 -
The Open Standard consortium understands what makes a stablecoin valuable isn't how digital it is, but how ubiquitous it is
July 3 -
Low daily, weekly and monthly Zelle limits can cause users to switch to other payment networks, raising the ante for banks to find solutions.
July 3 -
A tour of the technology that banking has run on, dating back to Franklin's anti-counterfeit measures and the bank-note bulletin that preceded American Banker.
July 3 -
Sen. Elizabeth Warren, D-Mass., is asking President Trump's son Eric if he plans to refile a lawsuit against Capital One Financial for allegedly "debanking" hundreds of Trump Organization accounts. The letter follows President Trump's nomination of a Capital One executive to lead the Consumer Financial Protection Bureau.
July 2 -
The fintech sponsor bank plans to offer digital asset services.
July 2










