Finance News

Unlock the world of finance with information about the accounting, banking and financial services, insurance and investment industries. Catch up on the latest innovations in retail and commercial banks, personal finance management and the major players on the venture capital stage.

Controllers, LLC Announces the Formation of a New Professional Services Firm

Joel Goldstein, Philip Panos, Harvey Stalarow and Joe Tiras, all formerly of Tatum, LLC, are proud to announce the formation of Controllers, LLC. "We are a National Financial Services Firm offering solutions for the non-attest needs to the office of the CFO/Controller and their professional... - February 10, 2010 - Controllers, LLC

Revenue Enhancement Education Offered to Trade Association by Collection Agency

Chosen last fall as their Business Partner by the Promotional Products Association International (PPAI); Credit Decisions International, Ltd. (CDI) is actively sharing their knowledge and expertise with all PPAI’s members who are seeking improvements to their financial bottom line. - February 10, 2010 - Credit Decisions International, Ltd

Collection Agency Celebrates 25 Years by Giving Away Money to Good Causes

To recognize their Silver Anniversary of operation, Credit Decisions International, Ltd. located in the Chicago suburb of Elk Grove Village, IL and led by its founding President Lou Figueroa is announcing a new initiative to help those in need during these challenging times by allowing their clients to help decide where the agency will provide charitable assistance. - February 10, 2010 - Credit Decisions International, Ltd

Employers Reduce Costs and HR Risks with HR Outsourcing, Reports New White Paper by CPEhr

Report shows how small and mid-size employers benefit from outsourcing human resource functions as the economy slowly recovers. - February 09, 2010 - CPE HR, Inc.

Spectrum Commercial Lending, Inc. Closes Large SBA 504 Loan in January

Spectrum Commercial Lending, Inc. a non-bank commercial lender provided low fixed rate financing for their clients on a 50,000 plus square foot industrial building using the SBA 504 loan program. - February 09, 2010 - Spectrum Commercial Lending

GoldenNetworking.com's Distressed Investing Conference to Analyze FDIC Selling Off $1 Billion in Troubled Loans to Colony Capital

U.S. banking regulators said Friday they had sold off $1 billion of troubled loans as part of an effort to reduce the overhang of assets left over from failed banks; transaction to be discussed at GoldenNetworking.com's Distressed Investing Leaders Forum 2010 - February 07, 2010 - Golden Networking

Information Edge Launches Brand New Cost-Effective Financial Consolidation, Management Reporting and Modelling Software Solution to Rival the Big Players

It was announced today software solutions provider Information Edge has launched its financial consolidation, management reporting and modelling software solution. ProVe helps companies close their books quickly and confidently. ProVe is a powerful, thoughtful and client focused product developed... - February 06, 2010 - Information Edge

James F. Byrd of Crescent State Bank Participates in Dancing with the Sandhills Stars Competition

Michael G. Carlton, president of Crescent State Bank (www.crescentstatebank.com), a wholly owned subsidiary of Crescent Financial Corporation, (NASDAQ Global MarketSM), has announced that James F. Byrd, senior vice president at the bank, competed in the Dancing with the Sandhills Stars competition... - February 06, 2010 - Crescent State Bank

BKD LLP and IASeminars Team Up on IFRS

BKD LLP and IASeminars Team Up on IFRS

Top 10 firm joins forces with leading training organization to teach accounting courses. - February 05, 2010 - IASeminars Ltd

Author to Award Financial Assistance to Deserving Families

A Florida author is giving back to help families in need. With his new book, Saving Your American Dream, finance professional Jason Biro launches a campaign to provide direct financial assistance and one-on-one advice to help families save their homes and rebuild their finances. - February 05, 2010 - CRDG

Highland Capital Management Completes CLO Value Fund I and Provides a 138 Percent Gross Return to Its Investors

Highland continues to see opportunity in the CLO market - February 05, 2010 - Highland Capital Management, L.P.

Meyer-Chatfield Launches Free Online Research Portal

This site is packed full of articles, white papers, regulatory bulletins and other educational resources compiled by Meyer-Chatfield's in-house research team, strategic partners and affiliates. - February 05, 2010 - Meyer Chatfield, Corp.

collector mentor™ to Give Away 250 Complimentary Subscriptions

The Industry’s Only Publication for Frontline Collectors Doesn’t Want Economy to Thwart Training. - February 04, 2010 - Skills World

Advantax Announces Release of New 2010 Property Tax Software

Advantax announces the release of its new 2010 PTR by Advantax® corporate property tax software. The 2010 version now makes it easier for tax departments to complete all functions of the property tax compliance process. - February 04, 2010 - Advantax Group, LLC.

Controllers, LLC Announces New Service Offering to Support the Office of the CFO/Controller with the Month End Closing Process

More and more companies are facing challenges achieving a timely period close and producing adequate reporting. - February 04, 2010 - Controllers, LLC

CMA Announces Sao Paulo Based Proximity and Collocation for Brazil Exchange Trading Community

CMA Announces Sao Paulo Based Proximity and Collocation for Brazil Exchange Trading Community

Ultra-Low Latency Proximity and Collocation offering for local and international financial institutions and vendors looking to participate in the explosive Brazilian Exchange traded market place. - February 03, 2010 - CMA

JDP Holdings Acquires Staff Trak Software from Netcom, Inc.

JDP Holdings, Inc. announced today an investment in Staff Trak, the leading provider of scheduling software for accounting firms. Over 300 offices on 6 continents use Staff Trak to manage millions of scheduled hours annually. Staff Trak has become the industry standard for auditing, tax and... - February 03, 2010 - Staff Trak

New Market Rates Insight Analysis Shows Depositors Are Shifting Money to Accounts for Quick Withdrawal

Latest study shows that for every $1 in new deposits, $4.78 is being shifted to savings and money market accounts that allow quick and easy access to funds. - February 03, 2010 - Market Rates Insight

Opalesque Launches "Legends and Leaders" Video Interview Series with Julian Robertson and Izzy Englander

Opalesque, the world's largest subscription-based publisher focusing on alternative investments, has launched a video-based interview series on http://www.Opalesque.TV. The first of the “Legends and Leaders” interview zooms in on hedge fund titan Julian Robertson who shares his secrets... - February 03, 2010 - Opalesque Ltd

New eBook and Seminars Reveal How to Stop the Pain Associated with Poor Project Management and Accounting Systems

New eBook and Seminars Reveal How to Stop the Pain Associated with Poor Project Management and Accounting Systems

7 Procedures using integrated project management and accounting software are the keys to health and growth for project-driven companies - February 02, 2010 - Synergy Business Solutions

IASeminars Announces IFRS Learning Passport

IASeminars Announces IFRS Learning Passport

Global IFRS training leader IASeminars announces new unlimited learning passport, valid globally on over 100 technical accounting topics. - February 02, 2010 - IASeminars Ltd

Credit Union Industry Leaders Join CURD Again

Officials at Financial Service Centers Cooperative, Inc. (FSCC), today announced that PSCU Financial Services and Ongoing Operations have joined the Shared Branching network to host the Credit Union Retail Delivery Convention (CURD) again. The title of this year’s event is “Delivering the Future Now.” The event will take place in Chicago on June 30-July 2, 2010 at the Renaissance Chicago Hotel. - February 02, 2010 - financial service centers cooperative, inc

Helping Haiti: Mobile App Company ProOnGo Donates for Each Download

ProOnGo, maker of the popular expense tracking application ProOnGo Expense, has pledged to donate a portion of its app download proceeds for relief efforts in Haiti. From Feb. 2 through Feb. 8 of this year, the company will commit 25 percent of the proceeds from each purchase of ProOnGo Expense app for iPhone to the International Rescue Committee. - February 02, 2010 - ProOnGo LLC

Forexpros Launches News Service to Cover Forex, Stocks

Forexpros’ experienced journalists provide traders with real-time coverage of markets, key economic events; service to be offered as premium product to companies, news media. - February 02, 2010 - ForexPros

Emergency Plan Should Include Financial Readiness, Advanced Preparation for the Unpredictable Can Pay Off

Emergency Plan Should Include Financial Readiness, Advanced Preparation for the Unpredictable Can Pay Off

Don't panic. Be prepared. Although the Chicago area is not likely to endure the devastating effects of an earthquake, it is subject to its own set of impending natural disasters, like tornadoes and flooding. Consumer Credit Counseling Service, a program of Family Counseling Service of Aurora,... - February 01, 2010 - Consumer Credit Counseling Service of Aurora

Beating Those Bill Collection Blues in 2010: Partner with United Mediation Services

Most small to mid-sized businesses--and particularly start-ups--extend credit in order to build momentum. The problem with extending credit in the B2B environment is that many times repayment can get spotty. Bill collection can become difficult, especially if there are not full-time resources to devote to the process. - January 31, 2010 - John Pillow

National Association of Professional Women Selects Credit Union Pioneer Bonnie Kramer

Officials at Financial Service Centers Cooperative, Inc. (FSCC), the nation’s largest and most convenient credit union Shared Branching Network, today announced Bonnie Kramer, Executive Vice President and Chief Operating Officer has been selected as VIP Woman of the Year by the Board of Directors at the National Association of Professional Women (NAPW). - January 31, 2010 - financial service centers cooperative, inc

Capital Corp Merchant Banking Has Updated Their Funding Application Process for Brokers and Clients Alike

In an effort to continue the streamlining of the funding application process, Capital Corp Merchant Banking has put forth a step by step guide for Brokers and Clients. - January 31, 2010 - Capital Corp Merchant Banking

BillsTrust Resolves the Pain of Remembering to Pay Any Bill on Time

A new way for busy people and businesses who receive lots of bills to pay all of them (handwritten & printed) with no data entry and no need to remember due dates. - January 30, 2010 - Madewell Enterprises

First Class Advisors, Inc. Announces Series A Financing

First Class Advisors, Inc, a high-end admissions consulting firm focused on providing a range of services to aspiring students applying to undergraduate, graduate and professional education programs at colleges and universities, today announced the closing of a Series A financing. Terms were... - January 30, 2010 - First Class Advisors

Lloyds Finance Group Provides EUR 348 Million Financing

Lloyds Finance Group, a global provider of financial products and services, completed EUR 348 Million financing to develop a revolutionary wind hub machining cell for high volume manufacturing. - January 30, 2010 - Lloyds Finance Group

Evolving US Payment Systems and Bank Delivery Channels: Death of the Teller...Again? (Part I)

In a two part series Evolving US Payment Systems and Bank Delivery Channels: Death of the Teller... Again? - Mercator Advisory Group's Bob Landry, vice president, Banking Group Advisory Services provides a comprehensive overview of the growth and trends over almost three decades detailing the various market drivers impacting consumer payment products and bank delivery channels. - January 29, 2010 - Mercator Advisory Group

Freedom Debt Relief Survey Reveals Alarming Lack of Education Among Indebted Consumers

Debt settlement firm assesses market needs and leads industry to greater transparency. Freedom Debt Relief's survey reveals an alarming lack of education among indebted consumers. - January 29, 2010 - Freedom Financial Network

Wealth Management Firm Continues to Grow with Expansion in South Florida

VisionQuest Wealth Management, a Raleigh-based firm serving as a personal CFO to individuals and families, announces the opening of their newest office in downtown West Palm Beach, Florida. “Our team looked at a few options for growth, but we found South Florida offered the best opportunity... - January 29, 2010 - VisionQuest Wealth Management

VoiceCash Forges Links with Dubai Based Newboard Capital

$10 Billion remittance market: VoiceCash has retained Dubai based Newboard Capital as a strategic advisor to provide International Mobile Money Transfer services to expatriates working in the UAE. - January 29, 2010 - VoiceCash

Phone-Based Loan Applications Now Available for CU Members to Support Continued Growth in Lending

Two Credit Union industry leaders today debut their newly enhanced joint solution, CIMple® Loan by Phone. The solution is an answer to the growing trend in lending for credit unions and their members. It can be implemented by any credit union, including Non-Shared Branching credit unions, nationwide. It is a phone based loan program for millions of credit union members. - January 28, 2010 - financial service centers cooperative, inc

GoldenNetworking.com to Host World's First Ever High-Frequency Trading Happy Hour in New York City

GoldenNetworking.com Hosting High-Frequency Trading Happy Hour, March 1st, in anticipation of Hedge Funds Leaders Forum 2010, "Generating Alpha in Challenging Times," on March 18th. - January 28, 2010 - Golden Networking

Libyan Consulting Firm Joins Russell Bedford as a Correspondent

Russell Bedford International expands its coverage in North Africa with a new correspondent firm in Libya - January 28, 2010 - Russell Bedford International

Finter Bank Zurich Selects GAIN Data Management for Feeding Ambit Apsys

Swiss private bank benefits from GAIN as ASP service provided by SFB services4banks. - January 28, 2010 - AIM Software

Address Cleansing Challenge for Open Solutions TCBS/TCCUS Customers

AscendoSoft Inc., a data quality software and services company with extensive Credit Union and Banking experience, today announced an innovative offer for customers of Open Solutions’ TCBS/TCCUS Credit Union and Banking solutions. Institutions can send AscendoSoft up to 2000 mailing addresses... - January 28, 2010 - AscendoSoft Inc.

EES of NC Recovers Thousands in Utility Bill Overcharges for Companies

EES of NC's Utility Bill Audit Recovery Service has been getting commercial establishments some pretty hefty refunds due to overcharges and billing errors - January 28, 2010 - Bob Wagner Inc

Helpsettle.com Sets New Debt Settlement Program Standards

HelpSettle.com has set new standards within the debt settlement industry, using only companies with A ratings or better from the Better Business Bureau (BBB) and The Association of Settlement Companies (TASC). Interested consumers can call (866) 456-4357 for more information. With the debt... - January 27, 2010 - HelpSettle.com

Banks Concerned About Driving Efficient Revenue Growth Creating Need for Innovation in Distribution and Staffing

Distribution and resource management solutions have been loosely coupled in the marketplace. As clients concern for revenue efficiency has grown, so has the need to better match resources within and across channels and improve their sales and service effectiveness. - January 27, 2010 - Novantas LLC

New Market Rates Insight Analysis Shows That Tax on “Big Banks” Will Increase Cost for All Banks

Latest Study Shows 70 Percent Probability That All Banks Will Increase Deposit Rates Within One Week of Any Rate Increase by the “Big Banks.” - January 27, 2010 - Market Rates Insight

South Coast Surety Announces Staff Promotions

South Coast Surety has grown its annual rate of production from 40% to over 50% through 2009. To respond to its continued growth, the firm has further defined and systematized the agency’s departments. South Coast Surety has promoted various staff members to department supervisors. - January 26, 2010 - South Coast Surety

SparkBase Certifies Microsoft Dynamics and RMS Add-In

SparkBase Certifies Microsoft Dynamics and RMS Add-In

SparkBase completes development and class-a certification of an add-in for Microsoft POS software applications. - January 26, 2010 - SparkBase LLC

The New US Federal Program BCAP is Intended to Increase the Supply of Woody Biomass. Will It?

In an effort to increase the usage of renewable energy, the US government has implemented a new program, called BCAP, which will subsidize the collection of biomass in 2010 and 2011. Over 500 million dollars has been allocated for the first three months of 2010, reports the North American Wood Fiber Review. There is much uncertainty about how much additional biomass that will actually enter the market as a result of the program. - January 26, 2010 - Wood Resources International LLC

Amway Demonstrates Employee Focus via BeManaged 401(k) Advice and Financial Counseling

Financial stress and frustration are a common topic at the water cooler these days. Debt management, financial and life stresses, and what to do about your 401(k) are common stories shared. Amway’s employee-focused culture took another step forward this year by staying ahead of the curve in... - January 26, 2010 - BeManaged

Foreclosure Prevention & Intervention Services 10 Facts About the Process

Foreclosure Prevention & Intervention Services 10 Facts About the Process

Foreclosure prevention and foreclosure intervention are two very different services. Consumer Credit Counseling Service is trained and certified to help with both. Here's how easy the process can be: - January 25, 2010 - Consumer Credit Counseling Service of Aurora

NorthStar Utilities Solutions Continues MDM Innovation with the Release of MeterSense 2.0

NorthStar Utilities Solutions Continues MDM Innovation with the Release of MeterSense 2.0

NorthStar Utilities Solutions continues to improve the efficiency of electric, gas and water utilities with the release of their meter data management solution - MeterSense 2.0. MeterSense helps utilities tie their AMR/AMI technology into its business processes by integrating multiple systems and automating workflows to gain operational efficiencies. - January 25, 2010 - NorthStar Utilities Solutions

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