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.

Jon Ahlbum Recognized as a Professional of the Year for 2020 by Strathmore's Who's Who Worldwide Publication

Jon Ahlbum Recognized as a Professional of the Year for 2020 by Strathmore's Who's Who Worldwide Publication

Jon Ahlbum of Margate, Florida has been recognized as a Professional of the Year for 2020 by Strathmore’s Who’s Who Worldwide for his outstanding contributions and achievements in the field of insurance. About Jon Ahlbum Jon Ahlbum is the President and MGA of The Ahlbum Insurance... - March 24, 2020 - Strathmore Worldwide

NuRealty Advisors Inc. Has Recently Brokered the Purchase & Sale for the Property Located at 84-86 Hamilton Avenue in Yonkers, NY

This is another testament to the experience and professionalism that is applied to a tough market by the principals of NuRealty Advisors Inc. - March 23, 2020 - NuRealty Advisors Inc.

Georgia’s Financial Institutions Proactive on Coronavirus

Georgia’s banks and credit unions have sprung into action to meet the financial services needs of our state’s families and businesses during the coronavirus public health emergency. The Georgia Bankers Association, Community Bankers Association of Georgia and the Georgia Credit Union... - March 22, 2020 - Georgia Bankers Association

A-Team Group to Hold Data Management Summit Virtual – A Groundbreaking Model for Today’s New Normal

Summit to discuss growing shift from defensive to offensive data management strategies with senior industry experts, top tier solution providers. - March 20, 2020 - A-Team Group

"Adapt," the Second Book by Best-Selling Author and 40-Year CRE Veteran Blaine Strickland, CCIM is Now Available

"Adapt," the Second Book by Best-Selling Author and 40-Year CRE Veteran Blaine Strickland, CCIM is Now Available

Disruption is Coming to Commercial Real Estate Brokerage. Are You Ready? - March 18, 2020 - Blaine Strickland

Florida Property Receiver Force Offers a Solution for Associations Inundated with Reverse Mortgages

Florida Property Receiver Force Offers a Solution for Associations Inundated with Reverse Mortgages

Florida Property Receiver Force offers a solution for Associations inundated with Reverse Mortgages affected by the 2018 Judicial Foreclosure Requirement. - March 14, 2020 - Florida Property Receiver Force

Spencer Savings Bank Helps Eva’s Village Coach Its Job Seeking Community with Mock Job Fair Participation

Spencer Savings Bank, a leading New Jersey-based community bank, recently spent the morning in Paterson helping Eva’s Village coach its job seeking community with participation in a mock job fair. Employees, posing as hiring managers, interviewed clients and provided feedback on both... - March 12, 2020 - Spencer Savings Bank

Kennedy Berg LLP Wins the Appointment of a Receiver Over the Business and Property of The Law Offices of Jonathan S. Resnick & Perry A. Resnick

Kennedy Berg LLP secured the appointment of a receiver to take possession of the businesses and property of three Maryland-based law firms, The Law Offices of Jonathan S. Resnick, LLC, The Law Offices of Jonathan S. Resnick, PLLC and The Law Offices of Perry A. Resnick, LLC on behalf of specialty funder KrunchCash, LLC. - March 11, 2020 - Kennedy Berg LLP

Spencer Savings Bank Announces Relocation of Financial Center in Union, N.J.

Spencer Savings Bank, a leading New Jersey-based community bank, is pleased to announce that it will be relocating its Union Financial Center at 1331 Magie Avenue to 1350 Galloping Hill Road (in the Galloping Hill Center). The new location, approximately one mile away from the current one, is a... - March 11, 2020 - Spencer Savings Bank

Best Financial Services Website to be Named by Web Marketing Association in 24th Annual WebAward Competition

Best Financial Services Website to be Named by Web Marketing Association in 24th Annual WebAward Competition

Excellence deserves recognition and the Web Marketing Association is looking for the best Financial Services websites in the world as part of their 24th annual international WebAward Competition. The WebAwards is the standards-defining competition that sets benchmarks for 96 industries, including banking, credit union, insurance, investment, mutual funds and financial services websites. The deadline for Financial-related web sites to enter to be judged is May 29, 2020. - March 05, 2020 - Web Marketing Association

10 Best Debt Relief Companies for 2020 Revealed by TrustedCompanyReviews.com (Also See Biggest Misconceptions, Complaints & Downsides)

10 Best Debt Relief Companies for 2020 Revealed by TrustedCompanyReviews.com (Also See Biggest Misconceptions, Complaints & Downsides)

TrustedCompanyReviews.com (TCR) has released the Top 10 Debt Relief Companies For 2020. TCR is one of the oldest review companies in the world, reviewing all types of businesses. TCR also shares insight into the most common complaints against debt relief companies and provides clarification on the biggest misconceptions that consumers have about debt relief programs. - March 04, 2020 - Trusted Company Reviews

NexWest Capital Announces a New Way to Finance Equipment Purchases

NexWest Capital Announces a New Way to Finance Equipment Purchases

NexWest Capital is an alternative lender that provides term loans, lines of credit and commercial real estate loans and has a loan specialist who works with you throughout the loan process. NexWest Capital can lend to all the major industries, and its qualifications aren't as stringent as some of the other lenders. NexWest Capital breaks its commercial loans down into term loans, revolving lines of credit, equipment financing and commercial real estate loans. - March 02, 2020 - NexWest, Inc.

NexWest Capital Announces Loans for Dentists with an Existing Practice

NexWest Capital Announces Loans for Dentists with an Existing Practice

NexWest Capital is an alternative small business lender that provides term loans, lines of credit and commercial real estate loans and has a loan specialist who works with you throughout the loan process. NexWest Capital can lend to all the major industries, and its qualifications aren't as stringent as some of the other lenders. NexWest Capital breaks its commercial loans down into term loans, revolving lines of credit, equipment financing and commercial real estate loans. - March 02, 2020 - NexWest, Inc.

Spencer Savings Bank’s Carmen Rivera, Vice President and Market Manager, Honored by Groundwork Elizabeth with "Outstanding Conservation Partner" Award

Spencer Savings Bank, a leading New Jersey-based community bank, is excited to announce that Carmen Rivera, Vice President and Market Manager, was recently honored with the “Outstanding Conservation Partner Award” by Groundwork Elizabeth. The presentation took place on February 19 at... - February 28, 2020 - Spencer Savings Bank

KBZ Bank and London Business School Collaborate to Bring Real-Time, Real-Life Case Studies to MBA Students

KBZ Bank and London Business School Collaborate to Bring Real-Time, Real-Life Case Studies to MBA Students

In its quest to bring real life business problems into its curriculum, London Business School MBA Class of 2019 partnered with KBZ Bank in Myanmar to bring an exceptional financial inclusion product to the market with dramatic results. The results were used to shape KBZ Bank mobile payment app,... - February 26, 2020 - KBZ Bank

INKAS® Payments Corp. Announces Full Support of Smart POS Terminals for Businesses

Canadian Company Now Offers Businesses Easier Payment Processing with Full Support for Smart Point-of-Sale Terminals - February 24, 2020 - INKAS® Payments

BEQUANT Prime Brokerage Launch Continues at Cryptocompare’s Digital Asset Summit

BEQUANT Prime Brokerage Launch Continues at Cryptocompare’s Digital Asset Summit

BEQUANT co-hosting institutional finance leadership at Cryptocompare's Digital Asset Summit March 10,2020. - February 22, 2020 - BEQUANT

Spencer Savings Bank Invites Public to Have "Coffee With A Cop"

Spencer Savings Bank, a leading New Jersey-based community bank, would like to invite local residents and businesses to join them for "Coffee With A Cop." The free event will take place from 10am – 1 pm on Monday, February 24 at the Spencer Financial Center in Garfield, located on... - February 22, 2020 - Spencer Savings Bank

Eltropy Exceeds Expectations for Cutting Loan Approval Times for Patelco Credit Union

Patelco - One of the largest Credit Unions in the US with $7B+ assets. - February 22, 2020 - Eltropy

Cal Coast Credit Union Opens Newest Branch in University City

Cal Coast Credit Union Opens Newest Branch in University City

California Coast Credit Union has opened its 26th branch in San Diego's University City Neighborhood. A Grand Opening will be held Feb. 29 from 10am to 1:30pm with food, fun and prizes. - February 20, 2020 - California Coast Credit Union

RTBShopper.com Helping Americans with Bad Credit Nationwide Get Financing

RTBShopper.com Helping Americans with Bad Credit Nationwide Get Financing

RTBShopper.com, the speciality e-retailer, is shaking up the industry with their new instant approval financing plans for Americans with bad credit. The rapidly growing e-commerce store has helped hundreds of different Americans nationwide with their lease to own financing plans. In addition to their instant financing, RTBShopper.com also is offering same day in-store pick up. RTBShopper.com offers some of the most popular electronics like Apple MacBook and Samsung TVs on finance. - February 17, 2020 - RTBShopper.com

A-Team Group’s TradingTech Summit Back in London for 2020

In post-Brexit landscape, summit to bring trading technology community together to discuss the future of EU trading with senior industry experts, top-tier sponsors and over 200 registered delegates. - February 16, 2020 - A-Team Group

Spencer Savings Bank Welcomes Rich Vaill as Vice President and Business Development Officer Team Leader, Grows Retail Banking Business Team

Spencer Savings Bank, a leading New Jersey-based community bank, recently announced the expansion of its Retail Banking Business team with the addition of a new business development team leader. The bank recently hired Vice President Richard Vaill as Business Development Officer Team Leader. With... - February 15, 2020 - Spencer Savings Bank

Colorado Workforce Development Council Launches iGrad’s Enrich Financial Wellness Platform for Colorado Workers

Colorado Workforce Development Council Launches iGrad’s Enrich Financial Wellness Platform for Colorado Workers

The Colorado Workforce Development Council (CWDC) has launched a new online and mobile financial wellness resource in partnership with iGrad, which is free for incumbent retail, hospitality, and food and beverage workers as part of the state’s Lives Empowered initiative. - February 12, 2020 - iGrad

Tellerex Announces the Release of Its Latest Software Application, SPOTLight, a First-in-Development Asset Lifecycle-Management Client Portal

Tellerex Announces the Release of Its Latest Software Application, SPOTLight, a First-in-Development Asset Lifecycle-Management Client Portal

Tellerex is pleased to announce the release of its latest software application, SPOTLight, a first-in-development client portal that assists global banks and retailers with the lifecycle management of their ATM and kiosk assets. - February 11, 2020 - Tellerex Inc.

The College Investor Highlights Over 80 Ways to Get Student Loan Forgiveness

The College Investor has released their 2020 guide to student loan forgiveness programs - finding over 80 federal and state options for borrowers seeking relief for their student loan debt. - February 10, 2020 - The College Investor

London Based Openitio to Deliver Out-of-the-Box Compliance for PSD2 Fallback / MCI Readiness

London headquartered Open Banking specialist Openitio launches out-of-the-box technology that meets PSD2 MCI requirements, compliant with the Finance.UK specification, supporting installation and go-live in days. - February 06, 2020 - Openitio Limited

Mars Bank Celebrates Opening of Grove City Banking Center

Mars Bank board and management celebrated a ribbon cutting with the Grove City Area Chamber of Commerce and local dignitaries at the new Mars Bank Grove City Banking Center located at 109 South Broad Street in Grove City. The ribbon cutting culminated the redevelopment and build out of the new... - February 06, 2020 - Mars Bank

Meadows Bank Net Income Rises 16% in 2019

Meadows Bank, headquartered in Las Vegas, NV, announces its financials for calendar year 2019. - February 05, 2020 - Meadows Bank

BEQUANT Adds Cardano (ADA) Trading Pairs to Its Market Leading Exchange Platform

BEQUANT Adds Cardano (ADA) Trading Pairs to Its Market Leading Exchange Platform

BEQUANT, a full service digital assets prime brokerage with a leading multi-exchange trading platform, has added Cardano (ADA) to its coin-pair offerings. The new pairs will provide professional traders with enhanced options to trade Cardano, a top 10 digital asset by market cap, in one unified... - February 05, 2020 - BEQUANT

Chris Topping Joins 504 Capital Corporation

Chris Topping Joins 504 Capital Corporation

Chris Topping has joined mission-based lender 504 Capital Corporation as a Business Development Officer to provide SBA 504 financing to small business owners in Virginia, North Carolina, Maryland, Washington, DC, West Virginia and parts of rural Pennsylvania. Prior to joining 504 Capital, Chris... - February 01, 2020 - 504 Capital Corporation

Novo Credit Union Goes Live with Eltropy’s World Class Text Messaging Solution

California-based CU Aims to Improve Member Communication. - February 01, 2020 - Eltropy

Witnessed or Been the Victim of a Crypto Scam? Report It to CryptoScamAlert.com

Report Crypto Scam on CryptoScamAlert.com. Regularly updated database of crypto frauds reported by real victims. Read, Report and Help make the Crypto World Healthier, Cleaner and Safe. - January 31, 2020 - CryptoAlert

Encore Real Estate Investment Services is Proud to Announce the Addition of Bradley J. Moncton | Director of Capital Markets

Encore Real Estate Investment Services is Proud to Announce the Addition of Bradley J. Moncton | Director of Capital Markets

Bradley J. Moncton Joins Encore Real Estate Investment Services as Director of Capital Markets - January 31, 2020 - Encore Real Estate Investment Services

Spencer Savings Bank Announces the Re-Election of Two Board Members at Annual Meeting

Spencer Savings Bank, a leading New Jersey-based community bank, has announced the re-election of Nicholas Lorusso and Barry Minkin to the bank’s Board of Directors, for a term of three years. The election was announced at its Annual Meeting, held at the Royal Manor in Garfield, on January 23... - January 31, 2020 - Spencer Savings Bank

Encore Real Estate Investment Services Introduces Rare Miami Asset to Market

Encore Real Estate Investment Services Introduces Rare Miami Asset to Market

Encore Real Estate Investment Services is pleased to please to present Miami's Shoppes of Coral Way. - January 30, 2020 - Encore Real Estate Investment Services

Gary Williams of Williams Asset Management Named in Forbes’ Best-in-State Wealth Advisors List for 2020

Gary Williams of Williams Asset Management Named in Forbes’ Best-in-State Wealth Advisors List for 2020

President and Founder of Williams Asset Management, Gary Williams, has been named as one of Maryland's "Best-in-State" Wealth Advisors by Forbes’ for 2020. - January 26, 2020 - Williams Asset Management

Local Business Owner Talibah Bayles Named to NSBA Leadership Council

Local Business Owner Talibah Bayles Named to NSBA Leadership Council

Talibah Bayles, Founder & CEO of TMB Tax & Financial Services, was recently named to the National Small Business Association (NSBA) Leadership Council. NSBA is the nation’s oldest small-business advocacy organization, and operates on a staunchly nonpartisan basis. Bayles, a... - January 23, 2020 - TMB Tax & Financial Services Benefit Corporation

NAFA Appoints 2020 Board of Directors

NAFA Appoints 2020 Board of Directors

New Leadership Prepares to Extend Oversight into Advocacy, Education and Integration Initiatives - January 21, 2020 - NAFA, National Association for Fixed Annuities

Equity Consortium Agrees to Acquire Stakes in New York's Astoria Energy Facilities

A consortium of equity investors including APG, MEAG (Munich Re’s asset manager acting for investors from within Munich Re Group), and Clal Insurance Company, alongside other US institutional investors have agreed to acquire 100% of Astoria Energy I and a 55% interest in Astoria Energy II. - January 18, 2020 - APG Asset Management US Inc.

Introducing Prospect Financial Group Inc.'s Top Loan Officer for Quarter 4, 2019

Prospect Financial Group Inc., a leader in the mortgage refinance industry, is proud to introduce its top loan officer for Q4: Cameron Alley. This recognition is determined by the total amount of business / closed loans from a given loan officer, and Alley set a high bar last quarter. On his win,... - January 18, 2020 - Prospect Home Finance

Eltropy Closes 2019 as a Preferred Text Messaging Solution for Credit Unions – Affirms Commitment to the Credit Union Movement

Eltropy, a text messaging-based platform that enables credit unions to communicate with members via text, announced it experienced a 1,200% growth in credit union clientele in 2019. Contracts included credit unions spanning across a variety sizes: $1B+ AUM Credit Unions = 30% $100M – $1B... - January 15, 2020 - Eltropy

Industry Gathers to Discuss Scaling-Up Financial Inclusion

The Greater Sub-Mekong Region is in the midst of a coordinated push towards financial inclusion. In Myanmar, adults with access to at least one formal financial product increased from 30% in 2014 to 48% in 2018, surpassing the initial 2020 targets of 40%. Current figures on formal financial... - January 15, 2020 - Magenta Global Pte Ltd

FTMarkets Trading Platform Has Officially Launched in Vietnam

FTMarkets Trading Platform Has Officially Launched in Vietnam

Now Vietnamese people can use FTMarkets to download applications and conduct foreign exchange transactions. - January 10, 2020 - FTMarkets

BitRoyal Starts New Year 2020 with More Exciting User Experience

BitRoyal Starts New Year 2020 with More Exciting User Experience

Continuing its commitment to improve customer experience, BitRoyal is focusing on making changes to their platform and went live with its first set of changes. BitRoyal is perhaps the only platform still allowing buy/sell crypto with zero commission. - January 09, 2020 - BitRoyal Ltd.

Gaylan Hendricks and Dan Hendricks, Senior Security Benefits, Inc. – Resolution of Litigation

Gaylan Hendricks and Dan Hendricks, Senior Security Benefits, Inc. – Resolution of Litigation

Gaylan Hendricks, the founder and CEO of Senior Security Benefits, Inc. (“SSBI”), along with her husband and President of SSBI, Dan Hendricks, are pleased to announce the conclusion of what has turned out to be a rather lengthy “business divorce” with the late Don Corley, Jr. - January 08, 2020 - Senior Security Benefits, Inc.

The College Investor Highlights the Best Free Tax Software of 2020

While most tax software companies advertise free tax software, the reality is that most people don’t qualify for the free tier. However, the annoying part is most consumers don’t discover they don’t qualify until they’ve spent 30-45 minutes entering their information, only to be told that “this scenario requires an upgrade to Deluxe or Premier” versions - for a fee. The College Investor analyzes all the major tax software programs to find which ones offer the most robust free file options. - January 06, 2020 - The College Investor

The College Investor Ranks the Best Tax Software of 2020

The College Investor, one of the most read personal finance websites, reaching over 3 million people per month, has come out with their 2020 comprehensive guide to The Best Tax Software for consumers. This year includes best free file, best software for investors, and more. - January 02, 2020 - The College Investor

The Palm Beach Hedge Fund Association Announces a Partnership with the Palm Beach Symphony

The Palm Beach Hedge Fund Association (PBHFA.org) and the Palm Beach Symphony have announced a partnership, creating opportunities for members to experience one of South Florida’s major cultural institutions during this landmark season that has seen record-breaking ticket sales and unprecedented donor enthusiasm and support. - December 29, 2019 - Palm Beach Hedge Fund Association

American First National Bank Opens Henderson, Nevada Office

Well known community bank American First National Bank expands its operations to include Henderson, NV. This will allow the Asian-American bank to expand the banking and lending services offered to the communities of Henderson and Boulder City. Branch Management looks forward to volunteering in the community, working closely with the Henderson Chamber of Commerce, and developing and expanding business and consumer relationships. - December 27, 2019 - American First National Bank

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