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Digital Federal Credit Union and First Tech Federal Credit Union Announce Intent to Merge

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Combined entity will provide members an unrivaled digital experience, a coast-to-coast branch network with expanded member service hours, and access to premier financial products and advisors.

MARLBOROUGH, Mass. and SAN JOSE, Calif., Sept. 30, 2024 /PRNewswire/ — Digital Federal Credit Union (DCU) and First Tech Federal Credit Union (First Tech) announce their intent to combine through a merger of equals for the benefit of members, employees, and communities. Following completion of the merger, which is subject to approval from the National Credit Union Administration (NCUA) and First Tech’s membership, the new entity will emerge as a $28.7 billion credit union serving nearly two million members with more than 50 branches in eight states. The proposed combination, which is expected to be completed in 2025, has the unanimous approval of both the DCU and the First Tech Board of Directors and their respective leadership teams.

Members will experience no immediate changes as the two organizations will operate independently as DCU and First Tech until systems and processes are integrated and operational. Upon completion of the integration, the combined organization will operate under DCU’s charter and the First Tech Federal Credit Union name. In recognition of the strong and proud histories of both DCU and First Tech, employees and members of both organizations will work together to develop a brand experience that honors both entities’ roots with a future-forward vision. First Tech President and CEO Greg Mitchell will remain with First Tech through the integration. DCU President and CEO Shruti Miyashiro will become President and CEO of the newly combined credit union. 

“Our credit unions have a shared origin—each created to serve the financial needs of technology employees, their families and digitally savvy members across the country,” said Shruti Miyashiro, President and CEO of Digital Federal Credit Union. “The transformative power of this merger of equals will unlock enormous potential to deliver value and opportunity for the people who matter most—our members, our employees and the communities we serve.”

“Uniting the capabilities of the nation’s two leading technology-forward credit unions will allow us to innovate and push the boundaries to deliver more elevated experiences by making material investments in products and services to meet the needs of our growing membership,” said Greg Mitchell, President and CEO of First Tech Federal Credit Union. “With shared principles of people helping people, the new organization will also become the single-largest national philanthropic leader in the industry, donating more than $4 million annually to positively impact our local communities.”

More information about the intent to combine into one organization may be found at DCU.org and Firsttechfed.com.

ABOUT DIGITAL FEDERAL CREDIT UNION

DCU is a $12 billion financial cooperative headquartered in Marlborough, Massachusetts. Established in 1979 as the credit union for the employees of Digital Equipment Corporation (DEC) and their families, today DCU serves over 1.1 million members across all 50 states and Puerto Rico. DCU has a proud legacy of serving many members who are newer to banking, including young-adults, historically underserved, or new arrivals to the U.S. banking system. DCU’s member-centric mission and commitment to digital innovation informs how products, solutions and services are created to provide a remarkable experience to support members’ financial goals. With 23 branch locations and 35 ATMs across Massachusetts and New Hampshire, members have additional access to DCU’s award-winning digital banking platform and mobile app as well as more than 5,600 branches in a shared CO-OP network, plus over 30,000 surcharge-free ATMs nationwide. Federally insured by NCUA. Equal Housing Lender. For additional information, visit dcu.org. 

ABOUT FIRST TECH FEDERAL CREDIT UNION 

First Tech Federal Credit Union is a nearly $17 billion institution headquartered in San Jose, California. The nation’s premier credit union serves the world’s leading technology-oriented companies and their employees, including HP Inc., Hewlett Packard Enterprise, Microsoft, Agilent, Intel, Cisco, Amazon, Nike, Intuit, Google, and more. First Tech is recognized as the industry catalyst for delivering effortless banking experiences to more than 660,000 members through its 34 branch locations, more than 5,600 CO-OP Shared Branch locations, 30,000 CO-OP Network ATMs, and online platforms. First Tech offers a full range of financial services, including traditional banking, online banking, mortgages, financial planning, various consumer loans, and insurance services. Federally insured by NCUA. Equal Housing Lender. For more information, visit www.firsttechfed.com

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SOURCE Digital Federal Credit Union/First Tech Federal Credit Union

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“From Canine Fat Tissue to Insulin-Producing Cells”: Chula Veterinary Researchers Offer New Hope for Diabetes Treatment in Pets

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While diabetes is commonly associated with humans, the disease also affects dogs and cats. Its impact on the quality of life of both pets and their owners is often greater than many people realize.

BANGKOK, Sept. 2, 2026 /PRNewswire/ — In dogs, diabetes is similar to Type 1 diabetes in humans, in which the beta cells in the pancreas that produce insulin are destroyed or lose their function, resulting in a severe insulin deficiency. In cats, the disease is more similar to Type 2 diabetes, in which insulin resistance develops or the pancreas produces insufficient insulin, leading to abnormally high blood sugar levels.  

Veterinary studies have reported that diabetes is found in approximately one in every 300 dogs and cats receiving treatment, although the rate varies among populations and regions. While the number may seem relatively small, diabetes places a significant burden on both affected animals and their owners. Today, dogs with diabetes require daily insulin injections for the rest of their lives. This is the challenge that a research team from the Faculty of Veterinary Science, Chulalongkorn University, has been working to address over the past decade. Drawing on its expertise in stem cells and regenerative veterinary medicine, the team has pursued new approaches to treating diabetes in companion animals. Most recently, the team succeeded in developing stem cell technology from canine adipose (fat) tissue that may pave the way toward a lasting treatment for diabetes in dogs and cats. 

How the “Canine Fat-Derived Beta Cells” Research Began 

After gaining extensive research experience in stem cells and bioengineering in the United States, Assoc. Prof. Chenphop Sawangmake, DVM, PhD, established the Veterinary Stem Cell and Bioengineering Innovation Center (VSCBIC) at the Faculty of Veterinary Science, Chulalongkorn University, in 2013. Among the center’s early research priorities were diseases in companion animals that have no cure, particularly canine diabetes, which requires lifelong treatment. 

“Why should we settle for managing the disease when advances in stem cell science and biomedical engineering may open the door to a genuine cure?” said Assoc. Prof. Chenphop, recalling the idea that inspired the Canine Fat-Derived Beta Cells research project, which aims to transform the treatment of canine diabetes from lifelong management to a cure. 
“We developed a treatment approach by integrating expertise in stem cell technology, tissue engineering, and genetic engineering.”

Why Canine Adipose Tissue? 

Selecting the right source of stem cells was a critical part of the research. The team spent five to six years comparing cells derived from various sources, including bone marrow, oral tissue, and adipose (fat) tissue, before concluding that adipose tissue offered the most practical solution. 

Dr. Saranyou Oontawee, a member of the research team, explained that mesenchymal stem cells (MSCs) derived from adipose tissue offer several advantages over those obtained from bone marrow or umbilical cord tissue. Adipose tissue is easy to collect, highly safe, and, most importantly, yields far greater numbers of stem cells—up to 500 times more than bone marrow. In addition, the tissue can be collected during routine spay or neuter procedures, making the technology more accessible to pet owners without excessive costs.

“Stem cell therapy is no longer out of reach. A small amount of adipose tissue collected during a routine surgical procedure could become the starting point for a treatment that transforms a dog’s life.”
– Dr. Saranyou Oontawee

How Can Adipose Tissue Cells Be Turned into Insulin-Producing Cells? 

Beta cells are found in the pancreas and play a key role in producing insulin to regulate blood sugar levels. In dogs with diabetes, these cells are destroyed or lose their function. The research team’s goal, therefore, was to create replacement beta cells from stem cells isolated from adipose tissue. 

While the concept sounds straightforward, putting it into practice is highly complex. The researchers adopted a “nature-inspired” approach, mimicking the processes that occur during embryonic development, when stem cells gradually differentiate into various organs through a series of developmental stages. In essence, the team sought to “teach” the cells to take on a new role. 

The process relies on two main mechanisms. The first is cellular reprogramming, in which genes that control beta-cell development are introduced directly into stem cells. The second involves controlling the cellular environment by adding a sequence of stimulating biomolecules to carry the cells to their desired shape and function. The research team combined the two mechanisms to obtain the highest quality and quantity of cells.   

 The resulting cells were capable of secreting insulin at levels comparable to those of the natural pancreas. The researchers also detected glucagon secretion, suggesting that the engineered cells possessed the complete cellular characteristics of pancreatic islets (Islets of Langerhans). In addition, the cells demonstrated the ability to lower blood sugar levels in animal models. 

From a Lifetime of Treatment to the Hope of a Cure 

The concept of transplanting insulin-producing cells to replace lost beta cells in animals is no longer just a distant dream. Evidence from international studies has shown that donor beta-cell transplantation can allow some people with diabetes to remain free from insulin injections for years and lead normal lives.

“If these insulin-producing cells continue to show promising results, our goal is to transplant them to replace the beta cells lost to diabetes in companion animals, restoring the body’s ability to produce insulin naturally.”
– Assoc. Prof. Chenphop

He also shared the results of the team’s animal studies. “The findings have been encouraging. Blood sugar levels improved significantly, and the treatment remained within acceptable safety limits. This marks an important step forward, demonstrating that the concept can work in practice and not just in theory.” 

Regenerative Medicine and the Future of Disease Treatment in Companion Animals 

As regenerative medicine continues to advance and gain wider public attention, the research team faces two challenges simultaneously. The first is developing cells that are effective, safe, and stable after transplantation. The second is building public trust by demonstrating that the research adheres to rigorous scientific standards, ensuring that any treatment brought into practice is both effective and safe. 

“Today, exaggerated claims about stem cell therapies are widespread in the marketplace, despite the lack of scientific evidence supporting their effectiveness and safety,” said Assoc. Prof. Chenphop. “One of our priorities is to help the public understand that stem cell therapy is not a miracle cure for every disease. People need to make informed decisions and critically evaluate whether the information they receive is supported by credible evidence.” 

Assoc. Prof. Chenphop added that even if cell-based therapy for diabetes eventually becomes a reality, the team would not see it as the end goal but rather the beginning of the next phase. The knowledge and techniques developed through this research could be applied to a wide range of diseases caused by organ degeneration, including disorders of the eye, bone, liver, and kidney, without having to start from scratch. 

Moreover, some of this knowledge can be shared between veterinary and human medicine. In certain cases, animal models may provide insights that are difficult to obtain through conventional models used in human medical research, allowing some technologies and approaches to be translated directly between the two fields. 

The Team’s Current Research Progress 

Eight years after the project began, the research has successfully demonstrated its potential in animal models. The team is now moving full speed ahead into the next phase of development. 

“Our team is currently scaling up beta-cell production to the pilot scale, using microfluidics technology to generate millions of beta-cell clusters,” said Dr. Saranyou Oontawee. “In practice, transplantation requires large numbers of beta cells that are robust, functional, and capable of surviving long-term after transplantation,” said Dr. Saranyou. 

The team is also pursuing a complementary approach through exosome therapy, which uses substances secreted by stem cells to help repair damaged pancreatic tissue. The results have shown that damaged pancreases can recover following exosome treatment, with outcomes that exceeded the researchers’ expectations. 

Assoc. Prof. Chenphop added: “Our next step is to further expand production capacity and begin studies in the target animal population.” The team expects that within the next two to three years, it will be able to begin testing the therapy in dogs with diabetes and make the treatment available not long thereafter. 

A New Hope for Companion Animals and Veterinary Medicine in Thailand 

From a small laboratory established 13 years ago to a growing research center with a spin-off company and more than six petty patents, VSCBIC has demonstrated that Thai research can create technologies with global relevance. 

“Our goal is to serve society by generating knowledge and developing technologies that people can truly rely on,” said Assoc. Prof. Chenphop. 

Dr. Saranyou added, “As part of the effort to advance companion animal health technologies in Thailand—particularly Exosome Therapy, an area in which Thailand is currently at the forefront. What gives us the greatest sense of pride is seeing our research translate into meaningful improvements in the lives of pets and their owners.” 

In closing, Assoc. Prof. Chenphop noted that the team continues to welcome young scientists and veterinarians who are interested in joining its research efforts or pursuing careers in regenerative medicine. The field is rapidly growing and needs the energy and commitment of the next generation of researchers. For pet owners whose animals suffer from conditions that are difficult to treat, regenerative medicine may offer new possibilities in the not-too-distant future. 

For more information on regenerative medicine and animal stem cell technology, visit The research team

Website: www.cuvscbic.comSpin-off  http://www.bioinkcu.com/CU Innovation Hub website: https://cuihub.chula.ac.th/?lang=thFaculty of Veterinary Science, Chulalongkorn University website: https://www.vet.chula.ac.th/

Continue reading a full article on the website: https://www.chula.ac.th/en/highlight/421557/

Chulalongkorn University has been ranked Thailand’s No. 1 university for the 17th consecutive year (since 2009) in the newly released QS World University Rankings 2026. The university is ranked 221st in the world and places among the world’s Top 100 in two key indicators: Academic Reputation (89th) and Employment Outcomes (64th).

 

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SOURCE Chulalongkorn University

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Axjo Group Acquires Eco-Tourets to Strengthen Their Presence in France

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GISLAVED, Sweden, Sept. 2, 2026 /PRNewswire/ — Axjo Group, a leading provider of recycled polymer packaging solutions, has acquired the French company Eco-Tourets, strengthening its presence in the French market and bringing the Group even closer to its customers. Through the acquisition, Eco-Tourets site in Villeneuve-sur-Yonne, south-east of Paris, will initially serve as a local logistics and sales hub for Axjo Group, supporting faster deliveries, closer customer collaboration, and continued growth in France.

The acquisition is part of Axjo Group’s ambition to strengthen its local presence across Europe. Earlier this year, Axjo Group established Axjo GmbH in Cologne, Germany, and is now taking the next step by expanding further into France.

Eco-Tourets and Axjo Group share the same ambition: to provide the French market with sustainable packaging solutions supported by an efficient return system that enables reuse and helps close the loop.

“We believe strong local hubs are essential to providing the best possible service. France is a key market for us, and this acquisition strengthens our local presence and creates new opportunities for growth. Maxime’s entrepreneurial mindset and market expertise make him a great fit with Axjo Group,” says Jacob Nilsson, CEO of Axjo Group.

Eco-Tourets was founded by Maxime Peyronny and developed into a business focused on more sustainable solutions for the wire and cable industry. His industry knowledge, entrepreneurial mindset, and focus on data and research were important factors behind the acquisition. Maxime will remain with the company and take responsibility for the local management and continued development of Axjo Group’s presence in France.

“My goal with Eco-Tourets has always been to scale the business and provide the French market with more sustainable alternatives. When Axjo and I started our dialogue, it quickly became clear that this was the right way forward. Axjo’s scalability, combined with my local network and market expertise, makes this a strong match,” says Maxime Peyronny, President of Eco-Tourets.

Looking ahead, Axjo Group plans to build on this platform by establishing additional hubs and investing in local production, creating a stronger, more efficient and more circular supply network across France.

For more information

Johanna Haglund
Press Contact
+46 (0)70 319 38 75
johanna.haglund@axjo.com 

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/axjo-group/r/axjo-group-acquires-eco-tourets-to-strengthen-their-presence-in-france,c4389799

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TaxRock launches consumer platform, putting IRS intelligence directly in taxpayers’ hands

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New platform gives individuals real-time visibility into their IRS picture, the intelligence to understand it and the ability to act on it

CARLSBAD, Calif., Sept. 2, 2026 /PRNewswire/ — TaxRock, an AI-native IRS intelligence company, today announced the launch of its consumer platform, extending its IRS intelligence infrastructure directly to individuals and business owners managing their own IRS accounts.

For decades, the challenge for taxpayers has not simply been access to information. It has been turning fragmented and highly technical IRS information into an understanding of what is happening, why it matters and what to do next. Taxpayers have largely faced two choices: navigate that complexity on their own or turn to professional help that can cost thousands of dollars.

The launch comes at a pivotal moment for taxpayers. As the IRS increasingly uses AI and advanced technology to strengthen enforcement and collections, taxpayers are facing a more sophisticated system with less human support available to help them navigate it.

TaxRock was built around the belief that this gap can increasingly be closed by intelligent software. The platform gives individuals a continuously updated view of their IRS picture, monitors for meaningful changes, translates complex account activity into plain language and helps them take action directly through the platform.

“Taxpayers should not need to understand the complexities of the IRS just to understand their own tax position,” said Ron Jost, founder and CEO of TaxRock. “Our vision from the beginning has been to put that power back in their hands. That means giving people access to their information, but more importantly, giving them the intelligence to understand it and the ability to act on it.”

At the center of the consumer experience is Rocky, TaxRock’s AI intelligence agent. Once authorized, Rocky builds and maintains a complete view of the taxpayer’s IRS picture across the personal and business accounts they choose to monitor. Rocky monitors that picture continuously, turning changes in IRS activity into clear, actionable intelligence.

The launch also marks an expansion of TaxRock’s use of agentic AI, moving beyond systems that surface and interpret IRS information toward agents capable of helping complete straightforward actions. The first example is an IRS installment agreement. Rocky can guide eligible taxpayers through the process and help take the appropriate action directly within TaxRock.

“The opportunity for AI in tax is not simply answering tax questions,” Jost said. “The more consequential opportunity is building systems that understand a taxpayer’s actual IRS position, stay aware as that position changes and can safely move from explaining what should happen to helping make it happen.”

TaxRock is also designed to recognize when professional judgment is required. When a matter requires specialized expertise or representation, Rocky can flag the need and connect the taxpayer with a tax professional in one click, carrying their IRS picture forward so they do not have to start over.

TaxRock plans to expand Rocky’s agentic capabilities over time, supporting additional IRS actions while preserving a seamless path to professional expertise when it is needed.

The consumer launch extends TaxRock’s broader IRS intelligence platform, which already supports organizations managing IRS exposure at scale across tax and accounting, payroll, factoring, lending and other industries. While the use cases vary, the underlying need is the same: turning complex, changing IRS information into intelligence that can be understood and acted upon, whether for one taxpayer or thousands.

TaxRock’s broader vision goes beyond its own platform. Through a growing ecosystem of integrations, the company is building toward a future where IRS intelligence can be securely embedded into the systems, workflows and AI agents people and businesses already use.

“We don’t believe IRS intelligence should live in one application,” Jost said. “Our vision is to make it available wherever people and businesses need it, whether that is directly through TaxRock or embedded into the systems they already use. Consumer is an important extension of that vision, but the larger opportunity is building an intelligence layer that can make IRS information understandable and actionable across every market we serve.”

TaxRock’s consumer platform is now available at taxrock.com.

About TaxRock

TaxRock is an AI-native IRS intelligence company transforming how individuals and organizations understand and interact with the IRS. The platform provides continuous access to IRS data, intelligent interpretation and agent-driven capabilities that help users understand risk and take appropriate action. TaxRock serves individual taxpayers and organizations across tax and accounting, payroll, factoring, lending and other industries. TaxRock is headquartered in Carlsbad, California.

Media Contact

Shay Norbury
TaxRock
info@taxrock.com

 

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SOURCE TaxRock

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