ST. PETERSBURG, Fla.–PSCU Financial Services, the nation’s largest CUSO, announced today it has combined business operations with Digital Dialogue, LLC, of Auburn Hills, Mich.The two organizations said they are joining forces to deliver the benefits of their technology, knowledge and experience to the credit union industry.Digital Dialogue is a 24-hour call center specializing in member services, new member acquisition, cross-selling and automated lending solutions for credit unions and will continue its operations in Michigan. PSCU Financial Services will expand its portfolio to include Digital Dialogue’s automated lending solutions, and Digital Dialogue will benefit from the extensive resources and 30 years of industry experience offered by PSCU Financial Services.“When two well-respected service providers join forces, it strengthens the credit union industry. We believe this collaboration will deliver better service and new solutions to credit unions,” said David J. Serlo, President of PSCU Financial Services.
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The central bank extended the deadline for comments on Regulation O by one month, to Nov. 4.
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The Brazil-based digital bank, which recently launched a U.S. business, submitted an SEC filing to stop the spread of misinformation.
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The bank-owned payments company has been developing an interoperable payments network that will allow banks to clear and settle tokenized deposit transactions. It's targeting an early 2027 launch for the network, and is working toward an atomic future thanks to bank demand.
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More states are providing funding to community development financial institutions, which are contending with hostility from the Trump administration and challenges from high interest rates.
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Chicago-based Northern Trust has started its search for a new CFO as David Fox plans to retire in March; the American Fintech Council has been appointed as an observer on the Conference of State Bank Supervisors' newly formed nonbank industry advisory; Wells Fargo has hired JPMorganChase investment banker David Harkin to advise on technology deals, and more in this week's banking news roundup.
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A proposal is meant to ensure advisors can trade client assets on a discretionary basis without triggering onerous custody requirements, while also giving them a self-custody option for crypto.
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