ST. PETERSBURG, Fla. (6/5/09)--PSCU Financial Services is expanding its ability to handle collections from several product lines. PSCU plans to install new software to upgrade its collections system to expand the portfolio. The upgrade and expansion is expected to be completed in the fourth quarter. The software is from Akcelerant, which offers customizable collection management tools. The software will “allow us to import data from multiple sources and will facilitate and expedite the collections workflow, including analysis and reporting,” said PSCU Financial Services President David J. Serlo. Currently, more than 400 financial institutions, including credit unions, use Akcelerant software. PSCU Financial Services, based in St. Petersburg, Fla., is a credit union service organization that works with more than 1,300 financial institutions nationwide.