Banking & Financial Services News
Get a balanced look at what’s new in the banking and financial services industry. This section features information about commercial banking services and products, credit unions, credit card companies, cryptocurrency, compliance issues and news from banking and financial service companies.
DealPoint Merrill Acquires a Portion of the Crossings at Westland Shopping Center, Michigan
DealPoint Merrill, a prominent commercial real estate investment and development firm, has announced the acquisition of a portion of the Crossings at Westland Shopping Center, a 126,700-square-foot retail property located in Westland, Michigan. Nestled within a bustling residential and retail... - December 18, 2024 - DealPoint Merrill
ZT Mining Helps Busy Professionals Enter the World of Bitcoin Mining Without Stress
Balancing a demanding job with the desire to explore new opportunities can be challenging. Lisa, a full-time marketing manager in her early 30s, had been curious about cryptocurrency for years. But she didn't know where to start between long hours at work and managing her personal life. Lisa first... - December 16, 2024 - ZT Cloud Services Limited
The Company That’s Paving the Way to Successful Timeshare Exits for Their Clients
Lonestar Transfer, the industry leader in timeshare exit solutions, is proud to provide families with a trusted path to timeshare freedom. With more than 25,000 successful exits, the company has become synonymous with reliable, legal, and permanent timeshare contract resolutions, offering clients... - December 14, 2024 - Lonestar Transfer
From Zero to Hero: A Beginner’s Guide to Cloud Mining
Founded in June 2017, MINING INVESTMENT GROUP LP is a world-class cloud mining service company headquartered in the UK. After years of development, they currently have 316 mining farms around the world, members in 165 countries, and 13 million users worldwide. - December 13, 2024 - ION Mining
Bay Harbor Reinsurance Company Establishes New $50 Million Letter of Credit Facility
Bay Harbor Reinsurance Company, a leading reinsurance company focused on the U.S. Property and Casualty program marketplace, is pleased to announce the establishment of a letter of $50 million credit facility with Barclays Bank PLC. The agreement also contains certain provisions that allow the... - December 13, 2024 - Bay Harbor Reinsurance Company
AGENCY NEXT Launches WIN in 2025: Digital Upgrade Program for Loan Officers and Mortgage Brokers
AGENCY NEXT, a leader in digital marketing solutions for service-based businesses, is excited to announce the launch of its WIN in 2025: Digital Upgrade Program, a revolutionary three-month marketing system designed specifically for independent loan officers and branch managers. - December 09, 2024 - AGENCY NEXT
Swiss Cash Coin Announces Expansion Plans with New Exchange Listings and Advanced Blockchain Technology
Swiss Cash Coin (SWC), developed by AAA Liquidation LLC, is advancing the cryptocurrency industry with its innovative blockchain technology and growing market presence. Currently traded on XT.com and Salavi, SWC plans to expand to MEXC and KuCoin, enhancing accessibility for investors. Operating on Binance Smart Chain and Solana, SWC emphasizes speed, security, and scalability, with collaborative efforts underway to broaden its ecosystem. - December 07, 2024 - AAA Liquidation LLC
The Enterprise World’s Recent Issues Feature the Most Talented Business Minds
Learn about the motivational experiences of business titans influencing the direction of the industry. These trailblazers are empowering others and bringing about change, from Amir Tabch's creative leadership to Chris Winton's strategic HR insights. - December 06, 2024 - The Enterprise World
Tórónet, a Leader in Blockchain Services in Africa and the Global South Set to List Its Token on a Global Public Exchange
Tórónet a leader in blockchain technology and payment systems focusing on communities in the global south this week announced its listing on the BitMart exchange. The Tórónet platform has been live for two years and currently hosts more than twenty active and real world projects. Tórónet is now prioritizing a public listing for the visibility it provides. The listing will enhance discovery of Tórónet services to the growing users of real-world and payment systems that the platform has to offer. - November 26, 2024 - Toro Software Development Corp.
IONMining Receives $100 Million Investment to Pave the Way for the Future of Digital Currency Mining
IONMining, a pioneering leader in the cloud mining space, has successfully raised $100 million in funding, marking a key moment in the development of cryptocurrency mining. The substantial investment is intended to enhance the company’s infrastructure, expand its technological capabilities, and make cryptocurrency mining more accessible to users around the world. - November 26, 2024 - ION Mining
Equality Forum Notes Scott Bessent Nomination for Secretary of Treasury
Equality Forum, a national LGBTQ civil rights organization, which oversees LGBT History Month noted the nomination of Scott Bessent, an openly gay man as Secretary of Treasury. Bessent is highly regarded by the financial community and founder of a global macro investment firm. Bessent and his... - November 26, 2024 - Equality Forum
Abba Platforms Inc. Secures $11 Million in Funding Round Led by Run4 Capital to Drive Expansion Across Africa
Africa’s rapidly growing peer-to-peer mobile payment platform, Abba App (formerly Abba Wallet), today announced the successful closing of $11 million in a funding round, led by Run4 Capital, the investment arm of RUN4 Consultoria e Gestão de Negócios, a Luanda, Angola-based business management firm. - November 24, 2024 - Abba Payments Ltd.
Skylark AI Launches Purpose-Built AI Engine to Revolutionize Private Investment Analysis and Enterprise AI Deployment
Skylark AI launches its revolutionary PyTorch Engine and Enterprise AI Platform, transforming private investment analysis and enterprise AI deployment. With 100% data ingestion, 100% recall, and 95% accuracy, it enables AI-powered agents to deploy in days, not months. Powered by 50+ pre-built integrations with sources like Cap IQ and FinHub, it creates a unified system of records, reducing due diligence timelines by 40% and cutting operational costs by 80%. - November 20, 2024 - Skylark AI Inc.
UTRS Enhances IT Services with New Subsidiary, Acquisition of Cybersecurity Company
Universal Technical Resource Services, Inc. (UTRS) – a leading provider of engineering and information technology services – has formed UTRS InfoSec LLC and purchased a cybersecurity company. - November 19, 2024 - UTRS
The Rotary Club of Stamford Celebrates Its 100th Anniversary, Funds High School Food Pantry
The 100th anniversary of the Stamford Rotary Club helped to fund a student food pantry along with celebrating the organization's founding. - November 19, 2024 - The Stamford Rotary
The Mortgage Calculator Delivers Real-Time Jumbo Loan Rates with Over 5,000 Loan Program Options
The Mortgage Calculator now offers live jumbo loan rates updated in real time across 5,000+ loan programs. Borrowers can access competitive solutions for high-value properties, including full documentation and Non-QM options tailored to self-employed individuals. - November 16, 2024 - Mortgage Calculator Company LLC
Area Insurance Professional Receives “Noble Achievement Award”
Neil Bruce Porter Receives Highest Honorary Award from American Equity, a Top Fixed Index Annuity Provider American Equity Investment Life Insurance Company®, a leading issuer of fixed index and fixed rate annuities, announces Neil Bruce Porter, President, Advisor, and Founder of The Resource... - November 15, 2024 - The Resource Center, Inc.
HafeziCapital Expands International Feasibility Study Services to MENA in Key Sectors: Farming, Ports, Education, Hospitals, Infrastructure, and Oil & Gas
HafeziCapital, a leading international consulting firm renowned for its expertise in structuring and conducting in-depth Feasibility Studies, proudly announces the expansion of its International Feasibility Study services to address critical sectors in the Middle East, Asia Pacific, Latin America,... - November 12, 2024 - Hafezi Capital LLC
NAFA Honors Passionate Industry Champion Rod Mims with 2024 Bo Johnson Spirit Award
NAFA, the National Association for Fixed Annuities, presented revered distribution leader Rod Mims with the 2024 Bo Johnson Spirit Award for Lifetime Achievement for his unwavering commitment to the financial services industry. - November 11, 2024 - NAFA, National Association for Fixed Annuities
Bank-Ordered Auction: IntegriCo Composite Plant Equipment to Sell to Highest Bidder – Thursday November 7, 2024 10:30AM CST
IntegriCo Composites Inc.’s plant equipment is up for a bank-ordered auction on November 7 at 10:30 AM. All equipment will be sold to the highest bidder, offering an exceptional opportunity for those in recycling and composite manufacturing. The plant, a leader in converting landfill-bound plastics into high-strength composites, will hold an in-person inspection on November 6 from 9 AM - 4 PM at the Sarepta, LA facility. Don’t miss this unique chance to acquire advanced recycling assets. - October 31, 2024 - Bonnette Auction Company
Alfa Pride Financial Launches The Fundability System® - Transforming Access to Cash and Credit for Business Owners
Alfa Pride Financial's Fundability System® offers business owners unprecedented access to financing, including SBA loans, credit lines, and vendor credit with no personal guarantee. With one-click approvals and expert coaching, this system simplifies funding to help businesses grow. - October 31, 2024 - Alfa Pride Financial
FLAACOs Partners with Sparx as Official Financial Guarantee Partner for ACOs
Sparx’s hybrid credit product supports ACOs in managing risk with backing from the Florida Association of ACOs - October 29, 2024 - Florida Association of ACOs
Dan Lounsbury Family Office Expands Services with Ultra High Net Worth Division in Cayman Islands
The Dan Lounsbury Family Office has announced the launch of its new Ultra High Net Worth (UHNW) division, marking a significant expansion of its services. This specialized division is dedicated to providing expert guidance and support to clients seeking a foothold in the Cayman Islands, offering... - October 27, 2024 - Dan Lounsbury Family Office
Metaprise Launches AI-Powered Autopilot Feature to Automate Profit Strategies
Metaprise, a leader in AI-powered AR/AP automation and global financial solutions, is thrilled to announce the launch of its newest innovation: Metaprise Autopilot. This advanced AI solution is designed to digitize not just financial processes but entire profit models, helping businesses unlock new... - October 25, 2024 - Metaprise
Bowtie Announces Public Release of DDQ AI: Advanced DDQ Automation
Streamlining Operational Due Diligence with Unmatched Precision and Speed for Asset Managers - October 24, 2024 - Bowtie
Luneta Home Loans, LLC Announces New Leadership and Strategic Initiatives
Luneta Home Loans, LLC announces its new leadership team, including President Eric Halliday, CFO Rob Crawley, and COO Nathan Wagner, bringing a wealth of experience and launching strategic initiatives to drive company growth and innovation. - October 21, 2024 - Luneta Home Loans
Lend Bucket Launches Comprehensive Credit Builder Program to Help Businesses Build Strong Credit
Lend Bucket's Credit Builder Program helps new and established businesses boost their credit by over 100 points in 2-3 months. With three tiers—Installment Flex, Installment Zone, and Revolving Flex—the program reports to Experian, Dun & Bradstreet, and Equifax. Designed to improve business credit fast, this program opens doors to larger loans, better terms, and long-term financial growth. Build business credit with Lend Bucket and unlock new opportunities for expansion. - October 16, 2024 - Lend Bucket
Lend Bucket Expands Merchant Cash Advance Services and Launches Exclusive Territory Ownership Opportunities
Lend Bucket offers fast and flexible business lending solutions, specializing in Merchant Cash Advances (MCA) with approvals in 24 hours and funding up to 30% of monthly revenue. We also provide a Credit Builder Program to help businesses improve their credit. With our expansion into exclusive territory ownership and AI-powered funding tools, Lend Bucket is your trusted partner for business growth. Visit lendbucket.com for more details. - September 30, 2024 - Lend Bucket
A-Team Group Names Winners of Its Data Management Insight Awards - USA for 2024
A-Team Group has announced the winners of its Data Management Insight Awards - USA 2024. - September 26, 2024 - A-Team Group
PayCourt Named One of 2024 Best Workplaces in Illinois
PayCourt, a government collections company, has been named one of the Best Workplaces in Illinois for 2024 by Best Companies Group. The company earned a 97% overall score in the workplace assessment. - September 25, 2024 - PayCourt
Blu Opportunity Announces Opening of Loan Pipeline
Offering affordable, no-hidden-fee residential solar financing, Blu Opportunity, a pioneering fintech company, has announced that it has originated the first loans as part of their new initiative to provide transparent, affordable financing to solar contractors. - September 25, 2024 - Concord Servicing
Winbrook's 60th Anniversary Ushers in Bold Rebrand
Winbrook Celebrates 60 Years of Excellence and Unveils Bold Rebrand for the Future Marking a milestone in the industry, Winbrook announces a fresh new look and continued commitment to their clients’ success. - September 23, 2024 - Winbrook
Weclose Launches: a New Way to Simplify Residential Real Estate Closings in Ontario
Weclose, a new legal service in Ontario, simplifies residential real estate closings with transparent fixed-rate pricing and professional legal support. Founded by Michael Wills, Weclose offers in-person and virtual appointments, ensuring a smooth, hassle-free experience for home buyers, sellers, and refinancers across the province. - September 22, 2024 - Weclose
Aconomy Launches Innovative Platform for Advancing Cryptocurrency Management
Aconomy launches its innovative platform featuring Earn, Exchange, Card, and Marketplace. This secure, user-friendly ecosystem transforms digital asset management, offering opportunities to maximize returns, trade major cryptocurrencies, use crypto like cash, and shop globally. With a focus on privacy and top-tier security, Aconomy bridges traditional and digital finance, providing a complete solution for modern financial needs. - September 21, 2024 - Aconomy
transmodus Completes Acquisition of 360-Five Digital
transmodus has acquired 360-Five Digital, integrating its merchant and contract portfolio into Linked2Pay, their all-in-one payment platform. This acquisition includes all assets and key employees of 360-Five Digital, enhancing transmodus’ growth strategy and expanding their portfolio. The company’s portfolio encompasses a wide array of resellers, delivering comprehensive payment processing solutions across multiple industries. - September 18, 2024 - linked2pay
ENACOMM Financial Services, Inc. Becomes “emerie.ai®,” the Name Synonymous with the FinTech Company’s Advanced AI-Based Intelligent Virtual Assistant
Changes name after nearly four decades to reflect the core role of artificial intelligence in its suite of solutions for the financial services industry. - September 17, 2024 - emerie.ai
GiGCXOs Launches AICompliance360: A Game-Changer for Broker-Dealer and Investment Adviser Compliance
Say Goodbye to Expensive Hourly Rates with AI-Powered Flat-Fee Solutions - September 16, 2024 - GiGCXOs
My Retirement Network Introduces Free Webinars for 2025, Targeting Large Audiences Including Federal Agencies, Educational Outlets, and Corporations
My Retirement Network, a leading provider of financial literacy resources, is proud to announce the launch of a series of free educational webinars in 2025, tailored to large audiences such as federal agencies, educational institutions, and corporate entities. - September 16, 2024 - My Retirement Network
FMPay Empowers UK Small Businesses with Simple & Secure Payment Solutions
FMPay, a licensed payment provider, is excited to announce its launch, offering small businesses across the UK a simple and secure way to handle payments. With no monthly fees, competitive transaction rates, and advanced fraud protection, FMPay is designed to help small businesses manage payments efficiently and affordably. - September 06, 2024 - FMPay
Ember Group Consulting Launches, Offering Transformative Solutions for Businesses
Ember Group Consulting LLC, a new global consulting firm specializing in organizational transformation and adaptive workforce solutions, officially launched today. The firm partners with visionary leaders to drive sustainable change and empower teams for peak performance. Leading Ember Group... - September 04, 2024 - Ember Group Consulting LLC
Versailles Group, Ltd. Announces the Successful Sale of MSK Precision Products, Inc. to CORE Industrial Partners Portfolio Company Precision X Group
Versailles Group, Ltd. announced the successful sale of MSK Precision Products, Inc. to PrecisionX Group, a portfolio company of CORE Industrial Partners. MSK, known for precision machining and assembly in sectors like medical and aerospace, was sold by Brinkman International Group as part of a strategic realignment. The acquisition will enhance PrecisionX's capabilities, expanding its reach in high-growth markets. Versailles Group acted as the exclusive financial advisor for the transaction. - September 04, 2024 - Versailles Group Ltd.
Planixs Realiti Poised for $1 Quadrillion Transaction Value
Planixs is the market leader in real-time, intraday cash, collateral, and liquidity management solutions. The fintech is delighted to announce a major milestone as its flagship product, Realiti, is poised to break through over $1 quadrillion in annual transaction value from customers across the... - September 04, 2024 - Planixs GRP Ltd
LetKnow Pay to Relaunch Bulgarian Blockchain Association, Aims to Restore Confidence in Blockchain Technology
LetKnow Pay, a leading EU-licensed and regulated crypto payment services provider, has announced its initiative to relaunch the Bulgarian Blockchain Association. - August 30, 2024 - LetKnow Pay
Onqix Revolutionizes Trading: Commission-Free, Subsecond Algorithmic Trading for All
Onqix today announced the launch of its groundbreaking trading platform, designed to democratize access to sophisticated algorithmic trading tools and help more people build financial security. Just as innovative companies revolutionized money management and private equity, Onqix is democratizing access to advanced trading strategies - completely commission-free. - August 28, 2024 - Onqix
Samsara Management Launches Wraith Capital Advisory Services to Revolutionize Debt Solutions
Samsara Management Inc. has launched Wraith Capital Advisory Services Inc., a new division focused on providing bespoke debt solutions for lower and middle-market transactions. Wraith Capital will offer customized financial products, including senior secured debt and mezzanine financing, supporting deals from $10 million to $500 million. The division will also assist regional banks with liquidity issues by purchasing notes and helping manage reserves. - August 28, 2024 - Samsara Management.com
Prism Tax & Accounting Services Welcomes Jennifer L. Kammeyer, CPA
Prism Tax & Accounting Services Welcomes Jennifer L. Kammeyer, CPA, to Anacortes Team - August 26, 2024 - Prism Tax and Accounting Services, LLC
Winbrook Donates $1,200 Worth of Items to the Italian Home for Children
Winbrook Inc., a leading provider of print and promotional product sourcing, brand management, and logistics, is proud to announce a generous donation of over $1,200 worth of items to the Italian Home for Children, located in Jamaica Plain, MA. This donation included a variety of toys, writing utensils and bags for the children, as well as thoughtful gifts for the dedicated staff. - August 24, 2024 - Winbrook
FSQN Token Raises Over $300k in Private Sale, Readies for Public Offering
Following the success of its private sale, where Fasqon raised over $300,000, the company is excited to announce the details of the upcoming public sale of its FSQN tokens. Fasqon, a leader in blockchain-based messaging and neobanking, proudly shares this milestone as a step towards transforming... - August 21, 2024 - Fasqon
Williams Asset Management Named Winner of the 2024 Baltimore Sun’s Best of Baltimore Award for the Second Year in a Row
Williams Asset Management is proud to announce that it has been named the 2024 Baltimore Sun’s Best of Baltimore Award winner. This recognition marks the second consecutive year that Williams Asset Management has received this honor, solidifying its position as a leading financial services... - August 19, 2024 - Williams Asset Management
Apiria Finance Leads with Robust Technological Advancements and Enhanced Fraud Prevention in Home Improvement Lending
Apiria Finance introduces an enhanced Loan Origination System and strengthened fraud prevention to improve efficiency and security in home improvement lending. By addressing key issues highlighted in recent industry reports, Apiria aims to refine lending processes and safeguard transactions, solidifying its role in the financial services sector. - August 15, 2024 - Apiria Finance