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US Senate Federal Credit Union to transform its banking platform with Thought Machine’s unified stack

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The credit union will deploy Thought Machine’s unified core and payments platform to power a new era of real-time, integrated banking.

ALEXANDRIA, Va., May 21, 2026 /PRNewswire/ — US Senate Federal Credit Union (USSFCU) has announced a landmark partnership with Thought Machine, the cloud-native banking technology company, to replatform its entire foundation onto the Vault platform. By deploying Thought Machine’s unified stack of Vault Core and Vault Payments, USSFCU will transition from legacy, batch-oriented systems to a high-performance, real-time architecture.

The Vault platform is highly configurable, allowing USSFCU to define every product, from savings accounts to complex loans, using smart contracts. This code-based approach gives the credit union the autonomy to build and launch bespoke financial services without ever modifying the platform’s core code. This allows them to be responsive to evolving member needs and implement new products and improvements faster.

By deploying the full Thought Machine stack, USSFCU ensures that Vault Core and Vault Payments operate as a single, integrated source of truth for both ledger and payment data. Unlike traditional environments where payments are “bolted on,” the Vault platform enables real-time synchronization, ensuring every transaction is processed in milliseconds with full visibility.

As part of its mission to provide a real-time, integrated service for its members, USSFCU is prioritizing a phased transformation of its payment rails. The institution will initiate a comprehensive migration of ACH and FedWire, ensuring the institution remains highly available and resilient while adhering to the latest ISO 20022 messaging standards.

This will be followed by launching Cards and FedNow on the Vault platform, providing members with instant, always-on payment capabilities. The credit union will also leverage smart contracts to build an integrated product suite that harnesses rich user data to better serve its unique member base.

Timothy Anderson, President and CEO, USSFCU: “Our mission is to provide an integrated, world-class experience that our members and the Senate and Capitol Hill communities deserve and expect us to deliver. For decades, credit unions have led with service being our calling card and that will never change. However, forging partnerships like this will empower us to tie our exceptional service standards with cutting-edge innovations and solutions. Our partnership with Thought Machine allows us to bring our core banking and payments together on a single, real-time platform, giving us the flexibility to innovate and deliver the advanced financial tools that will reshape the future of our credit union and the industry.”

Paul Taylor, Founder and CEO of Thought Machine, comments: “USSFCU is taking a visionary approach to credit union modernization by taking full control of its technical roadmap. By moving to our unified Vault platform, they gain the same performance and reliability as the world’s most advanced Tier 1 banks. We are proud to provide the foundation that empowers ambitious institutions to leave legacy behind.”

About Thought Machine

Thought Machine has developed the foundations of modern banking with its cloud-native core banking and payments technology. Its cloud-native core banking platform, Vault Core, is trusted by leading banks and financial institutions worldwide, including Intesa Sanpaolo, Lloyds Banking Group, Standard Chartered, M1, Mascoma Bank, General Bank of Canada, Arvest Bank, and more.

The Vault platform has been written from scratch as entirely cloud-native technologies, giving banks full control to run any bank, product, and payment set to flourish in a rapidly changing world.

Thought Machine is a global team spread across offices in London, New York, Singapore, Lisbon, Miami and Sydney, and has raised more than £500 million ($600+ million) in funding.

For more information, visit thoughtmachine.net.

About USSFCU

The United States Senate Federal Credit Union has been proudly serving the Senate community and beyond for over 90 years. As a member-owned, not-for-profit financial institution, USSFCU is committed to providing exceptional service, competitive financial products, and educational resources to empower members on their financial journey. 

For more information, visit ussfcu.org/joinus.

View this press release on our website at ussfcu.org/press.

View original content to download multimedia:https://www.prnewswire.com/news-releases/us-senate-federal-credit-union-to-transform-its-banking-platform-with-thought-machines-unified-stack-302778142.html

SOURCE U.S. Senate Federal Credit Union

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In HelloNation, Midland Chamber of Commerce President & CEO Evan Thomas Highlights the Opportunities of Midland, TX

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June 26, 2026

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The article highlights the blend of economic opportunity, quality of life, and community engagement that makes Midland a destination for families and professionals.

MIDLAND, Texas, June 26, 2026 /PRNewswire/ — What makes Midland one of the most attractive places to live and work in West Texas?

HelloNation has published an article that provides the answer by exploring the factors that continue to draw residents, businesses, and families to this growing Texas community.

The article features insights from President and CEO Evan Thomas of the Midland Chamber of Commerce and explains why Midland, TX, has earned a reputation as a place where opportunity and quality of life work together. Known as the Tall City, Midland continues to attract people seeking professional growth, strong community connections, and long-term success.

The HelloNation article explains that one of the first things newcomers notice about Midland is its energy. That energy is reflected not only in the local economy but also in the people who call the community home. With a relatively young population, Midland offers an environment where innovation, ambition, and growth are part of everyday life. Families, entrepreneurs, and professionals all contribute to the future of the City.

Career opportunities remain one of the primary reasons people relocate to Midland. The article notes that Midland serves as an important economic hub for the Permian Basin and West Texas and supports a broad range of industries. While the region is widely recognized for its leadership in oil and gas production, career opportunities extend well beyond that sector. Healthcare, education, retail, construction, professional services, recreation, and entertainment all contribute to the area’s economic strength.

Midland continues to attract businesses that value its workforce, entrepreneurial culture, and strategic location. According to the article, these strengths help support investment, expansion, and ongoing economic development throughout West Texas.

The article also emphasizes the area’s quality of life. While career opportunities often bring people to the community, many discover a city making significant investments in its future. Midland’s downtown, anchored by Centennial Park and the Barbara & George H.W. Bush Convention Center, has become a centerpiece for community activity, while continued investment in parks, public schools, infrastructure, mixed-use developments, and athletic facilities is helping position Midland as a regional destination for youth sports and family recreation.

Another factor that distinguishes Midland is its welcoming atmosphere. New residents often find a community eager to support growth while maintaining meaningful personal connections. Whether someone is relocating for career opportunities, launching a business, or establishing roots for the first time, Midland provides opportunities to become involved and build relationships throughout the community.

Growth continues to play an important role in Midland’s future. According to the article, expanding industries, new businesses, and ongoing community investment support a positive outlook while preserving the qualities that make the City unique. A strong work ethic, commitment to opportunity, and emphasis on community remain central to Midland’s identity.

The article concludes that Midland continues to stand out because it combines energy, career opportunities, healthcare access, quality of life, and community engagement in a way few communities can match. For individuals and families considering a move to West Texas, Midland offers a compelling blend of opportunity and livability that continues to shape its future.

Welcome to Midland features insights from Evan Thomas, President and CEO of the Midland Chamber of Commerce, in HelloNation.

About HelloNation

HelloNation is America’s Good News Network, a premier media platform built on the idea that good news travels faster when real people tell real stories. Through its community-focused publications and innovative “edvertising” approach, HelloNation delivers content that informs, inspires, and spotlights the leaders making a meaningful impact in their communities.

View original content to download multimedia:https://www.prnewswire.com/news-releases/in-hellonation-midland-chamber-of-commerce-president–ceo-evan-thomas-highlights-the-opportunities-of-midland-tx-302812303.html

SOURCE HelloNation

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RTX Board of Directors Declares Quarterly Cash Dividend

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June 26, 2026

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ARLINGTON, Va., June 26, 2026 /PRNewswire/ — RTX (NYSE: RTX) announced today that its board of directors declared a dividend of 73 cents per outstanding share of RTX common stock. The dividend will be payable on September 3, 2026 to shareowners of record at the close of business on August 14, 2026.

RTX has paid cash dividends on its common stock every year since 1936.

About RTX
With more than 180,000 global employees, we push the limits of technology and science to redefine how we connect and protect our world. With industry-leading capabilities, we advance aviation, engineer integrated defense systems for operational success, and develop next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2025 sales of more than $88 billion, is headquartered in Arlington, Virginia.

Cautionary Statement Regarding Forward-Looking Statements
This release includes statements related to dividends that constitute “forward-looking statements” under the securities laws. All forward-looking statements involve risks, uncertainties and assumptions that may cause actual results to differ materially from those expressed or implied in the forward-looking statements. Past dividends provide no assurance as to future dividends. The timing, payment and amount of future dividends, if any, could vary significantly from past dividends due to a number of risks and uncertainties. These factors include those described under the caption “Risk Factors” in our reports on Forms 10-K, 10-Q and 8-K filed with the SEC from time to time.

Media Contact
C: 202.384.2474

Investor Contact
C: 781.522.5123

View original content:https://www.prnewswire.com/news-releases/rtx-board-of-directors-declares-quarterly-cash-dividend-302812108.html

SOURCE RTX

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Media advisory – Canada and Germany to strengthen collaboration on semiconductors

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52 minutes ago

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June 26, 2026

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MONTRÉAL, June 26, 2026 /CNW/ – Carlos Leitão, Parliamentary Secretary to the Minister of Industry, and Stefan Rouenhoff, Parliamentary State Secretary at the Federal Ministry for Economic Affairs and Energy of Germany, will announce deeper cooperation on shared priorities in the semiconductor sector. The announcement will take place on the margins of the IEA Annual Global Conference on Energy Efficiency, and a photo opportunity will follow.

Date: Monday, June 29, 2026

Time: 5:30 pm (ET)

Location: Montréal, Quebec

Members of the media are asked to contact ISED Media Relations at media@ised-isde.gc.ca to receive event location details and confirm their participation.

Media must register in advance by filling out the conference registration form.

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SOURCE Innovation, Science and Economic Development Canada

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