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.
Alief Financial Services LLC Has Released a First of Its Kind Cash and Credit Access System for Business Owners
Alief Financial Services LLC has released a first of its kind cash and credit access system for business owners. The Business Finance Suite provides business owners easy access to financing options of all kinds for their businesses. “Access to money has always been one of the biggest challenges a business owner faces,” Tanya Ward CEO of Alief Financial Services LLC. “Through the finance suite entrepreneurs can quickly access the cash and credit they need to grow their business.” - August 21, 2021 - Alief Consulting Services LLC
AJMS Global Launches a Bi-Annual Corporate Newsletter Called “The Financial Wire”
AJMS Global is pleased to announce the launch of their long awaited bi-annual newsletter in the name and style of “The Financial Wire.” The newsletter will provide expert perspective on specialized issues of interest to various stakeholders of regional and global business. The... - August 15, 2021 - AJMS Global
Spencer Savings Bank Honored with Financial Managers Society (FMS) Community Engagement Award
Spencer Savings Bank was recently honored with the Financial Managers Society (FMS) Community Engagement Award. The FMS Community Engagement Award has been established by the organization to recognize institutions that have answered the call of duty amidst a global pandemic and provided service and... - August 14, 2021 - Spencer Savings Bank
Anil Uzun Comments on How Millennials Are Driving Demand for Challenger Banking
Anil Uzun will comment on how millennials are driving demand for challenger banking on Youtube on August 20, Friday at 07.00 pm CET. - August 13, 2021 - Anil Uzun Investments
Steve Muehler Paralegal Expands Its “SEC Edgar Filing Division”
Steve Muehler today announced that the firm has expanded its SEC Edgar Filing Division to include services for Transfer Agents, Securities Law Firms and Mutual Funds. - August 08, 2021 - Steve Muehler
Spencer Savings Bank Distributes $50,000 in FHLBNY Grants to Small Businesses and Non-Profits
Spencer Savings Bank is proud to announce that it has distributed an additional $50,000 in grant funding, provided by the Federal Home Loan Bank of New York’s Small Business Recovery Grant Program, to small businesses and nonprofit organizations. The program supports the financial security... - August 07, 2021 - Spencer Savings Bank
Applied Bank, Wilmington, DE, Recognized by Lending Tree’s DepositAccounts.com as #1 Healthiest Bank in America
DepositAccounts.com, a subsidiary of LendingTree, has released its list of the 2021 Healthiest Banks in America, which named Applied Bank as the #1 Healthiest Bank in America. Applied Bank’s financial health was rated the highest out of over 4 thousand banks analyzed throughout the... - August 07, 2021 - Applied Bank
Thirty Best High Risk Credit Card Processing Companies Named by topcreditcardprocessors.com for August 2021
The independent authority on merchant services, topcreditcardprocessors.com, has released their list of the best high risk credit card processing companies for August 2021. Each of the payment processors featured within the rankings have been put through a meticulous evaluation of their credit card... - August 05, 2021 - topseos.com
Top Fifty Best Credit Card Processing Companies Named by topcreditcardprocessors.com for August 2021
The independent authority on merchant services, topcreditcardprocessors.com, has announced their August 2021 rankings of the best Credit Card Processing Companies. - August 04, 2021 - topseos.com
BDA Advises HappyFresh on US$65 Million Series D Capital Raise
BDA Partners is pleased to announce that its client, HappyFresh, has successfully raised US$65m in Series D funding led by Naver Financial Corp and Gafina BV, followed by STIC, LB Investment, and Mirae Asset Indonesia & Singapore. Existing investors such as Mirae Asset-Naver Asia Growth Fund... - August 03, 2021 - BDA Partners Ltd
Merchants Bancard Network Named Best Cash Discount Company by topcreditcardprocessors.com for August 2021
The independent authority on merchant services vendors, topcreditcardprocessors.com, has announced Merchants Bancard Network as the top-rated cash discount company for the month of August 2021. Companies featured in the rankings have shown their ability to consistently offer exceptional cash... - August 03, 2021 - topseos.com
BDA Expands Senior Team in Seoul: Victor Chang Joins as Managing Director
BDA Partners is pleased to announce that Victor Chang has joined as a Managing Director in Seoul. Victor will work closely with Howard Lee, Partner & Head of BDA Seoul, and Ryan Jung, Managing Director, to expand BDA’s Korea practice. Victor has more than 20 years’ professional... - August 02, 2021 - BDA Partners Ltd
United Capital Partners Sources $10.6MM Equipment Leasing Line
United Capital Partners successfully sources $10.6MM equipment lease for a customer operating in the life sciences research and development sector. - July 30, 2021 - United Capital Partners
Leadership GBA Board of Directors Elects and Installs Officers and Directors
Members of the Georgia Bankers Association (GBA) have elected and installed officers and eight new members to the Leadership GBA Board of Directors for the 2021-2022 fiscal year. Jenny Wofford, senior vice president and director of retail banking with Pinnacle Bank in Elberton, was installed as... - July 30, 2021 - Georgia Bankers Association
Anil Uzun Talks About the Gender Gap in the Funding of Ventures
Anil Uzun will talk about the lack of adequate funding for women FinTech venturers on YouTube on August 6, Friday at 07.00 pm CET. - July 28, 2021 - Anil Uzun Investments
Study by Financer.com Reveals an 8.9% Global Decrease in Credit Sentiment Score in 2021, with Sweden, the US and Hungary Experiencing the Most Significant Drops
The Finance Barometer is the first global credit sentiment study. The study collected 16,530 unique votes from 26 countries and will publish the 2021 report on July 27. The report contains 7 interactive charts that compare credit sentiment data for 2020 and 2021. - July 27, 2021 - Financer
HQ Tax & Financial, Inc. of Illinois is the First Ever IRS ITIN Certifying Acceptance Agent for Pakistan
The Chicago-area firm is able to help Pakistani individuals access the US Banking System, buy real estate, get a driver’s license and more. - July 26, 2021 - HQ Tax & Financial, Inc.
Spencer Savings Bank Awards Almost $25,000 in Scholarships to Local Students
Spencer Savings Bank has awarded almost $25,000 in scholarships to high school and middle school students from 32 local schools in Bergen, Passaic, Union, Mercer, Morris and Essex counties. To date almost $500,000 has been awarded since the program first started in 2002. “As a community... - July 17, 2021 - Spencer Savings Bank
iGrad Partners with HBCU Community Development Action Coalition to Offer Student Financial Wellness Platform to Historically Black Colleges and Universities
The Historically Black Colleges & Universities Community Development Action Coalition (HBCU CDAC) has partnered with iGrad to launch a financial wellness initiative for students of color. - July 13, 2021 - iGrad
Horizon Financial Services, LLC and Advisory Alpha Form a Strategic Partnership
Horizon Financial Services, LLC to expand its planning services, strengthen its infrastructure and provide clients with a broader range of investment choices with its recent strategic partnership with Advisory Alpha. - July 13, 2021 - Horizon Financial Services, LLC
22 Year Old Sam Gordon IV Launches Creditflyers.com to Help Build Credit Scores to Get Consumers Approved for Their First Homes
A New Startup Creditflyers.com is paving a way for students to retirees to build their credit fast and effectively. Sam Gordon President of Creditflyers.com says, "Credit is the tool to building financial freedom and wealth almost every big purchase is made with money and credit." Creditflyers.com has been offering access to lenders and gives their clients the best credit scores possible to get approval for first-time home buyers. - July 11, 2021 - Creditflyers
IMPACTV SSBK Banking Kiosk for QATAR Aims to Facilitate Transactions and Payments for Users
IMPACTV SSBK is a banking kiosk that stands out for full-service banking. - July 09, 2021 - PARTTEAM & OEMKIOSKS
Anil Uzun Will Talk About Sustainable Digitisation on YouTube
Anil Uzun will talk about Sustainable Digitisation on July 16, Friday at 07.00pm CET. - July 06, 2021 - Anil Uzun Investments
BDA Advises Navis Capital on Sale of Amazon Papyrus Chemicals Group to The Longreach Group
BDA Partners is pleased to announce that it has advised Navis Capital on the sale of Amazon Papyrus Chemicals Group to The Longreach Group. Terms of the transaction were not disclosed. BDA Partners was the exclusive financial advisor to Navis Capital and Amazon Papyrus on the transaction. BDA also... - July 05, 2021 - BDA Partners Ltd
KL Winterbourne Associates – El Salvador Looks to Bitcoin as New Legal Tender
President Nayib Bukele plans to formally recognize Bitcoin as currency, with some believing that Paraguay will follow suit. - July 05, 2021 - KL Winterbourne Associates
GBA Elects and Installs Officers and Directors to Its Board
Members of the Georgia Bankers Association (GBA) have elected and installed officers for the 2021-2022 fiscal year and added nine members to its board of directors. Luke Flatt, chairman, president and CEO of AB&T in Albany, was installed as the 132nd Chairman of the Georgia Bankers Association. - July 02, 2021 - Georgia Bankers Association
Codebase Technologies Partners with Capital Bank Group to Build New Regional Digital Bank
Capital Bank Group selects Codebase Technologies to build and launch its first fully digital bank in Jordan and Iraq. The strategic partnership will enrich Capital Bank Group’s digital offering to its retail and corporate clientele. The Capital Bank Group initiative will spearhead digital... - July 02, 2021 - Codebase Technologies
BDA and William Blair Advise Integreon on Sale to EagleTree Capital
BDA Partners and William Blair acted as the exclusive financial advisors to Integreon and its shareholders, including NewQuest Capital Partners (NewQuest), on its sale to EagleTree Capital. Terms of the transaction were not disclosed. Transaction Highlights - Global reach: This transaction... - July 01, 2021 - BDA Partners Ltd
Ohio Deferred Compensation Now Offering Enrich Financial Wellness Platform to Current and Retired Participants
The Ohio Public Employees Deferred Compensation Program, a supplemental 457(b) retirement plan for all Ohio public employees, is offering the award-winning Enrich™ financial wellness platform to more than 243,000 Ohio DC participants. - June 30, 2021 - iGrad
University Lending Group and Rory Ballard Are Excited to Welcome Brian Powell as SVP/National Renovation Production Manager
University Lending Group continues to offer comprehensive mortgage services by focusing on providing personal and specialized services to meet each customer's specific needs. The addition of passionate and highly qualified mortgage renovation and construction specialists to their team, such as... - June 30, 2021 - University Lending Group
Beeks Wins MEMX Contract Following Competitive Review
MEMX selected Beeks as their new partner for latency monitoring of their new exchange. Beeks Group have been selected for latency monitoring of the new Members Exchange (MEMX), the fastest growing U.S. equities exchange, following their review of packet capture, latency and analytics solutions for Capital Markets. - June 30, 2021 - Beeks Group
Verb(TM) Presents Speaker Series: “A Clear-Eyed Review of Proposed Federal Tax Law Changes” with Michelle P. Scott, Esq.
Michelle P. Scott, Esq., author of “Biden’s Tax Plan: What’s Enacted, What’s Proposed,” will be featured on the Verb™ Presents Speaker Series, July 27, 2021, 12:00 pm (Pacific Time). Ms. Scott will address high notes from her recent, comprehensive article on The American Rescue Plan, The American Jobs Plan, The American Families Plan, and Biden’s efforts to fortify the IRS with fresh funding. Peter Coe Verbica, JD, CFP® of Silicon Private Wealth will be the moderator. - June 29, 2021 - Silicon Private Wealth
OpsMx Accelerates Continuous Delivery with Intelligent SaaS Solution
New SaaS solution leverages AI/ML to deliver intelligent software delivery at cloud scale. - June 22, 2021 - OpsMx Inc.
JC Rothchild General - NZ Economic Recovery Stronger Than Expected
Better than expected Q1 growth could prompt RBNZ to hike interest rates sooner, say economists at JC Rothchild General. - June 22, 2021 - JC Rothchild General
Kronos Wallet Adds Support for New Decentralized Social Media Network BitClout (CLOUT)
Kronos adds support for the new decentralized social media network BitClout. - June 19, 2021 - Denarius
Spencer Savings Bank President Jane Allerman-Rey Appointed to NJBankers Board of Directors
Spencer Savings Bank, a leading New Jersey-based community bank, is pleased to announce that President and COO Jane Allerman-Rey has been appointed a member of the New Jersey Bankers Association (NJBankers) Board of Directors. She has been elected for a two-year term. “It is an honor to be a... - June 19, 2021 - Spencer Savings Bank
SkySparc Named Technology Advisor of the Year in Central Banking’s Fintech Awards 2021
SkySparc, an independent solutions provider, has been named Technology Advisor of the Year in Central Banking’s 2021 FinTech & RegTech Global Awards, which recognize innovation in the central banking community. - June 17, 2021 - SkySparc
Bora Payment Systems Debuts Commercial Card Payment Technology for Western Alliance Bank
Western Alliance Bank is the newest Bora Reseller bank to offer the convenience of Payer Direct Hub card processing for their business clients. Effective immediately, Western Alliance customers can save A/P processing time and expense while making card the preferred form of payment for the suppliers they pay. - June 16, 2021 - Bora Payment Systems, LLC
A-Team Group Announces Winners of TradingTech Insight Awards – USA 2021
A-Team Group announced the winners of its TradingTech Insight Awards USA through a virtual event. The prestigious awards recognise excellence in trading solutions and services for capital markets, and focus on vendors providing exceptional and innovative trading infrastructure, technology, and data... - June 15, 2021 - A-Team Group
PRFC Announces the Appointment of New Board Members
Collaboration in the fight against complex fraud continues with the Payment Risk & Fraud Consortium's new Board of Directors. - June 14, 2021 - Payments Risk & Fraud Consortium
Kyriba Expands Footprint in South African Countries with Digiata Partnership
Brings Treasury, Payments and Enterprise Liquidity Management Solutions to Sub-Saharan African Region; Expands and Enhances Localized Services and Support - June 12, 2021 - Digiata
Kuwait Finance House Spearheads RegTech in the GCC with Expanded Partnership with Codebase Technologies
Codebase Technologies (CBT), a global API banking solutions provider, has been selected by Kuwait Finance House Bahrain (KFHB), a pioneer in the global Shari’a banking space, to expand the bank’s digital market leadership with a streamlined regulatory reporting platform to enhance... - June 11, 2021 - Codebase Technologies
George Ballew Honored with a Lifetime Achievement Award and as a Professional of the Year by Strathmore's Who's Who Worldwide
George Ballew of Waynesboro, Virginia has been honored with a Lifetime Achievement Award and as a Professional of the Year for 2021 by Strathmore’s Who’s Who Worldwide Edition for his outstanding achievements and contributions in the field of finance. About George Ballew George Ballew... - June 10, 2021 - Strathmore Worldwide
Alcineo SAS Achieves Mastercard® MCL Tap on Phone Accreditation
Alcineo is proud to announce that it obtained the full certification for Mastercard® contactless MCL transactions via smartphone. According Mastercard®, Tap on Phone allows businesses to accept payments from any contactless card or mobile wallet right from their NFC-enabled device. With no... - June 10, 2021 - Alcineo
United Capital Partners Sources $150MM Debt Refinance Facility
United Capital Partners sources a $150MM debt refinance facility for a customer in the cannabis sector. - June 09, 2021 - United Capital Partners
Red Stone Lending LLC is a Startup in the Real Estate Funding Business
A Los Angeles based startup, Red Stone Lending LLC is actively assisting real estate investors with acquiring funding. The firm has experienced regular drama as they entered a volatile market impacted by the pandemic. They provide education and guidance to their clients and help them find the ideal funding for investments. - June 09, 2021 - Red Stone Lending
NAFA Partners with Fellow Industry Leaders for Annuity Awareness Month
Targeted Educational Initiatives Aim to Position Distributors and Producers to Help Increase Annuity Education Nationwide - June 01, 2021 - NAFA, National Association for Fixed Annuities
SkySparc Extends Multi-Year Relationship with Dutch State Treasury Agency
SkySparc, an independent solutions provider, has extended its partnership to supply consulting and support services to the Dutch State Treasury Agency (DSTA). - May 29, 2021 - SkySparc
Georgia’s Banks Turn in Solid First Quarter
The 156 FDIC-insured banks headquartered in Georgia reported strong first quarter performance as the economy and banking industry continue to recover from the pandemic. According the latest FDIC data, cumulatively the state’s banks earned $715.1 million in the first three months of this year,... - May 28, 2021 - Georgia Bankers Association
A-Team Group Launches RegTech Summit Virtual APAC in November
Due to popular demand, A-Team Group is expanding its highly successful RegTech Summit conference series with a virtual APAC event in November. - May 28, 2021 - A-Team Group