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.
BDA Advises Thipha & Dovina, Vietnam, on Sale to Stark Corporation, Thailand
BDA Partners is pleased to announce that its clients, the shareholders of Thinh Phat Cables Joint Stock Co. (“Thipha”) and Dong Viet Non-Ferrous & Plastic Joint Stock Co. (“Dovina”), have sold 100% equity in Thipha and Dovina to Stark Corporation PCL of Thailand, for an... - April 06, 2020 - BDA Partners Ltd
CENTUS Stable Coin Became a Leader in Trading Volume at Stellar DEX
CENTUS Stable Cent, issued by the English-based company Cloud Invest Ltd., became the prime coin in turnover volume on Stellar Markets (DEX) in March (source: stellar.expert). Up to date, over 35,000 holders are enrolled in the CENTUS seignorage network. Their benefits consist of seignorage, a kind of interest, that is accrued on the funds they hold on their Stellar addresses, twice a week (Tuesday and Friday). - April 03, 2020 - Cloud Invest Ltd.
Europe Tech Startup to Launch in Australia
Europe based start-up, Currency Alliance has created the B2B global loyalty currency ecosystem to help customers earn more points, faster across multiple programs. Currency Alliance’s SaaS platform operates a global loyalty ecosystem for issuing, redeeming, or exchanging any Loyalty Point... - April 02, 2020 - Ellipsis
Consumers Will Soon Pay Higher Life Insurance Rates
COVID-19 has interrupted every part of life globally, and life insurance is no exception. A pandemic of this magnitude will undoubtedly result in a heightened awareness of mortality. In the life insurance arena, this has translated into a surge in demand for coverage. For many consumers COVID-19... - April 01, 2020 - AccuQuote
iGrad Launches Free “Coronavirus and Your Financial Health” for Colleges
iGrad has launched a free online financial wellness resource for colleges to help their students manage financial challenges caused by the COVID-19 coronavirus pandemic. - April 01, 2020 - iGrad
LemonadeLXP Offers Digital Academy, Consumer-Facing Repository Platform for Free
LemonadeLXP, the all-in-one learning experience platform for financial institutions, is now offering its Digital Academy free of charge until the end of June to support customers and call center/support staff as they migrate to digital channels. Digital Academy allows financial institutions to... - March 31, 2020 - LemonadeLXP
Equiant Responds to COVID-19 Outbreak; Business Continuity Plan in Place; Social-Distancing Solutions for Clients
In light of the recent coronavirus (COVID-19) outbreak, Equiant has activated its Business Continuity Plans to support the general health of its employees and maximize productivity in its workforce. The financial services and technology provider’s clients can rest assured that systemic... - March 27, 2020 - Equiant
Independent Contractors Demand Coronavirus Relief for Their Families and Animals; 57 Million in the U.S. Representing More Than a Third of the Working Population
According to Business Insider, who recently completed a survey of over 1,000 pet owners, the average American spends annually $1,566.96 a year or $126.19 a month on their animals. More specifically, a dog owner spends $139.80 a month and a cat owner spends $92.98 a month. Animal Trust Planning is the new avocado toast for pet products in 2020. Pet owners are seeing the value in spending $34.99 to ensure their animal's uninterrupted care after they are unable to care for them. - March 24, 2020 - Animal Trust Planning
Sports Trading: The Market That Continues to Show Investors 3% Per Month
Sports Index: The World's Biggest Trading Exchange - March 24, 2020 - Sports Index - (Sporting Index) A Sporting Group Brand
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
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 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
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)
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 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 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
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 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
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, 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
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 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, 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 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
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 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
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
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
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