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.
Best Online Newsletters to be Named by Web Marketing Association
The Best Online Newsletters in 86 industries will be recognized as part of the 18th annual Internet Advertising Competition (IAC) Awards. Companies or agencies wishing to nominate their email newsletters for consideration may do so at www.IACAward.org before the deadline of January 31, 2020. - November 05, 2019 - Web Marketing Association
American Business Brokers Named to MWCN Utah 100
American Business Brokers Named to MountainWest Capital Network’s Annual Utah 100 List of State’s Fastest-Growing Companies. - October 31, 2019 - American Business Brokers
Sound Payments Expands Solutions to Support Branch Automation
Branch Automation and Online and Mobile Banking Solutions Allow for Easy Integration - October 30, 2019 - Sound Payments
The Quantum Resistant Ledger (QRL) Foundation Announces a Research Arm to Continue Its Advancement of Post-Quantum Cryptographic Standards
The Quantum Resistant Ledger (QRL) Foundation, creator of the world’s leading quantum-secure blockchain network and digital asset platform, is continuing to pioneer in the field by seeking up to 4 post-quantum cryptographers for research grants as part of its newly formed research initiative. This announcement comes on the tail of Google’s quantum supremacy achievement, which further confirms the need for a transition towards quantum-secure cryptography in many technological domains. - October 25, 2019 - The QRL Foundation
KaZee Turns to Small Tennessee Bank for Cash Infusion to Fuel Rapid Growth
In just two weeks, Memphis-based Paragon approved a million-dollar line of credit. - October 24, 2019 - KaZee Inc.
Hedge Fund Lab Launches Its Startup Fund Accelerator
A dedicated accelerator program to support early-stage portfolio managers. - October 23, 2019 - Hedge Fund Lab
iGrad Partners with Dot Foods to Provide Financial Wellness Education to 2,500 Employees
Dot Foods rolled out Enrich's white label financial wellness platform in June, calling it “Money Matters” and promoting it to 2,500 headquarter employees via social media, company intranet, emails, direct mail and more. More than 300 employees have already started participating. - October 22, 2019 - iGrad
Crowdz and SnapCheck Team Up to Rethink Invoices and Disrupt Business Payments
Crowdz is speeding up cashflow with an automated solution that helps businesses thrive. Invoices are at the heart of everything small and mid-sized enterprises do. They impact hiring, buying products and growth. Every day spent waiting to receive a receivable is a missed opportunity. Crowdz's goal... - October 21, 2019 - SnapCheck
Nectar Personal Loans a Viable Alternative to Expensive Credit Card Debt, Company Says
The steep interest rates on credit cards can undermine their convenience, and personal loans with lower rates should be considered an attractive option to consolidate credit card debt, according to Nectar. One of New Zealand’s leading online loan companies, Nectar believes that using a... - October 17, 2019 - Nectar Finance
Spencer Savings Bank Partners with Habitat for Humanity to Provide “Hand Up” to Community Members Looking to Achieve Home Ownership Dreams, Donates $6,500
Spencer Savings Bank recently partnered with Habitat for Humanity to help provide a “Hand Up” to community members looking to achieve their home ownership dreams. The organization is dedicated to improving the lives and communities by providing decent and affordable homes for... - October 17, 2019 - Spencer Savings Bank
Santa Clara University Announces Partnership and Relationship Center Opening with University Credit Union
University Credit Union partners with Santa Clara University. - October 15, 2019 - University Credit Union
Florida Association of ACOs Announces Strategic Partnership with Best Card
FLAACOs continues to lead a healthcare revolution through Best Card’s payment tools. - October 15, 2019 - Florida Association of ACOs
Spencer Savings Bank Welcomes New Business Development Officers, Grows Retail Business Development Team
Spencer Savings Bank, a community bank headquartered in northern N.J., recently announced the expansion of its Retail Bank’s Business Development group. The bank recently hired two new business development officers, Daniel Murphy and Anthony Axtmann, to meet the growing demands of the... - October 15, 2019 - Spencer Savings Bank
Anthony Montesano to Speak at Future of Financial Services Panel
Cboe VP of Market Structure to join other industry leaders at Inspirant Group Insights L!ve event. - October 12, 2019 - Inspirant Group, Inc.
Gregg Pierce, Managing Director of GCP Fund, Shares His Views on Recent Spike in Commercial Hard Money Lending
At a recent event, Gregg Pierce, Managing Director of GCP Fund, commented on recent developments in the hard money loans market. - October 11, 2019 - Global Capital Partners Fund LLC
Blanco Minerals Announce Sale of Pre-IPO Shares to Commence
Blanco Minerals Inc. has announced today that they will allow their institutional investors and private equity partners to begin offering pre-IPO shares in Blanco Minerals Inc. to their own private and corporate clients. The pre-IPO shares are authorized to be sold at their current audited value of... - October 10, 2019 - Blanco Minerals Inc.
Paul Edward Clay Joins Copper Canyon LLC Registered Investment Advisor
Copper Canyon LLC Registered Investment Advisor welcomes Paul Clay as the firm’s newest Investment Advisor. Mr. Clay specializes in alternative investments and has expert level knowledge in negotiations and sales. Mr. Clay will direct Copper Canyon’s client relations to ensure the firms... - October 08, 2019 - Copper Canyon LLC
Silvergate Names Antonio Martino Chief Financial Officer and Michael Lempres Director
Silvergate Bank is a San Diego-based bank that opened in 1988 and is a subsidiary of Silvergate Capital Corporation. Silvergate’s headquarters office is located at 4250 Executive Square, La Jolla, CA 92037. - October 07, 2019 - Silvergate Bank
Secure Investors Group, Inc. to Acquire Murray, Tymkew and Associates and Springport Insurance Agency
Mike Tymkew welcomes the partnership with Secure Investors Group and will be working closely with the Co-Founder, Bryan E. Spencer, to ensure the transition is seamless for clients. It was clear to Mike that Secure Investors Group is a great fit for existing clients, providing more carriers, competitive pricing, and personalized service. - October 07, 2019 - Secure Investors Group
Manoj Balwani Joins BDA as Director & Head of Technology, India
Manoj Balwani joins BDA Partners as Director & Head of Technology, India. He will help strengthen BDA’s expertise in Technology sector M&A in India, across Asia, and in conjunction with BDA’s strategic partner William Blair. Manoj Balwani has 11 years of investment banking... - October 07, 2019 - BDA Partners Ltd
Pendo Systems Announce a New Strategic Partnership with Market Alpha Advisors During Sibos London
The two companies will be focused on helping their customers navigate the LIBOR transition process. - October 03, 2019 - Pendo Systems
BitRoyal Exchange Ltd. is Globally Launching a New Crypto Trading Platform
BitRoyal today announced the launch of its globally accessible crypto-currency exchange, a best-in-class platform for its growing community of partners and budding traders to enable the trading of digital assets. The exchange will also drive continued momentum for one of the economy’s fastest growing financial product. - October 01, 2019 - BitRoyal Ltd.
Advantage One Credit Union Hires Charlie Nusser to Spearhead In-House Mortgage Team
Advantage One Credit Union has hired local mortgage expert Charlie Nusser to head their in-house mortgage lending team. - September 30, 2019 - Advantage One Federal Credit Union
The Credit Docs Aim to Bring Positive Changes to Credit Reports Within 15–20 Days
The credit repair company has proven credit repair strategies that help restore credit reports and improve credit/FICO scores significantly. - September 27, 2019 - The Credit Docs
Knowing the Value of Your Business by Michael Arnheiter at Baystate Financial
There’s one question many business owners ask themselves often: “What is the true value of my business?” - September 26, 2019 - Baystate Financial
Spencer Savings Bank Helps Bring Hope to Veterans - Donates $10,000 to Community Hope
Strong communities are built upon strong foundations. To build those strong foundations, Spencer Savings Bank continues to help bring hope to veterans with a recent $10,000 donation to Community Hope, the leading non-profit in New Jersey serving veterans and at-risk veteran families. - September 19, 2019 - Spencer Savings Bank
"What Key Estate Planning Tools Should I Know About?" by Michael Arnheiter at Baystate Financial in Boston, MA
By taking steps in advance, you have a greater say in how these questions are answered. And isn’t that how it should be? "Wills and trusts are two of the most popular estate planning tools. Both allow you to spell out how you would like your property to be distributed, but they also go far beyond that," says Michael Arnheiter of Baystate Financial in Boston, MA. - September 17, 2019 - Baystate Financial
Bay Equity Home Loans Announces Northeast Expansion
Bay Equity Home Loans announces its expansion into the Northeast market with the acquisition of assets of Village Mortgage in Connecticut and Massachusetts. “We are pleased the people of Village Mortgage have chosen to join Bay Equity,” said Bay Equity Chief Executive Officer Brett... - September 17, 2019 - Bay Equity Home Loans
iGrad Annual Student Loan Counseling Included in Department of Education Initiative
iGrad’s video-based annual student loan counseling courses are being used at three universities that are part of the U.S. Department of Education Experimental Sites Initiative (ESI). The purpose of this initiative is to study more effective ways to counsel students about their student loans. - September 16, 2019 - iGrad
Michael Arnheiter of Baystate Financial Posts a New Video Entitled: "Protecting Your Dependents with Life Insurance" on His Website
Term or whole life? Just be sure you have adequate coverage. One survey found that 48% of current retirees had to retire earlier than they expected. - September 14, 2019 - Baystate Financial
Advisors Capital Management Welcomes Kevin E. Strauss as Managing Director and Portfolio Manager
Former Abner Herrman & Brock Asset Management Vice Chairman Kevin E. Strauss joins Advisors Capital Management bringing municipal bond expertise. - September 13, 2019 - Advisors Capital Management
iGrad and APTA Recognized with Power of A Gold Award for Financial Solutions Center
iGrad and the American Physical Therapy Association were recognized with the Power of A Gold Award - the association industry's highest honor - for their financial wellness partnership. - September 11, 2019 - iGrad
SkySparc Expands with Murex Front-Office and Risk Expertise
SkySparc, an independent solutions provider, has recruited Emmanuel Dufrene, a highly experienced Murex consultant to join the fast-expanding Murex practice. - September 11, 2019 - SkySparc
Inspirant Group to Host Panel on Future of Financial Services
Inspirant Insights L!ve on October 17 2019 to feature financial services innovators. - September 11, 2019 - Inspirant Group, Inc.
GBS Selects Larry Gibson as New Regional Marketing Director
In order to better serve an increasing client base in northern Missouri and eastern Kansas, Group Benefit Services (GBS) has selected Larry Gibson as Regional Marketing Director (RMD) for these regions. “We’re thrilled at the opportunity to add Mr. Gibson to our expanding team,”... - September 10, 2019 - Group Benefit Services, Inc.
The College Investor Named Best Student Loan Debt Blog of 2019
The College Investor was named the Best Student Loan Debt Blog of 2019 at the Tenth Annual Plutus Awards for their outstanding work helping individuals navigate the complex world of student loan debt. This is the eighth year The College Investor has been nominated for a Plutus Award and their... - September 09, 2019 - The College Investor
Life.io Focuses on Scaling New Platform with Strategic Hires
Life.io announces strategic hires to Growth and Design teams as they launch the newest version of their leading customer engagement platform Life.ioEngage(TM). - September 09, 2019 - Life.io
Brent Buckley Honored by Cleveland-Marshall College of Law as Distinguished Alumni
C|M|Law honors Brent M. Buckley ('82) with Distinguished Alumni Award. - September 08, 2019 - Buckley King
SkySparc Named Technology Consultant of the Year in Central Banking’s FinTech Awards 2019
SkySparc, an independent solutions provider, has been named Technology Consultant of the Year in Central Banking’s second annual FinTech & RegTech Global Awards, which recognize innovation in the central banking community. - September 05, 2019 - SkySparc
Mind Over Matter: Emotions vs. Logic in Finances by Rice Financial Group
With the end of summer, investors are faced with trade wars, inverted yield curves, increased market volatility, and talk of recessions and even depressions. While a clients' first response might be to bury their heads in the sand, it’s actually a good time to reassess how to make financial decisions. - September 04, 2019 - Rice Financial Group
Revolutionizing the Insurance Industry with Technology - LegacyArmour and Levinson & Associates Form Alliance
LegacyArmour – an InsurTech/FinTech disrupter, and Levinson & Associates – A National Insurance Marketing Company -- are proud to announce an alliance that will put cutting-edge, revolutionary technology to work for all of its agents and clients. "Levinson and... - September 04, 2019 - LegacyArmour
PaymentWorld Partners with Xcaliber Solutions for a Robust Fraud and Chargeback Management Platform
PaymentWorld, a payments technology company, announces today a partnership with Xcaliber Solutions Inc. that will bring together a robust fraud and chargeback software platform. With this addition, PaymentWorld encompasses a tool that comes with a full fraud platform built-in from Xcaliber... - September 03, 2019 - PaymentWorld
EZswap.net Offers Cryptocurrency Traders What Other Platforms Have Denied Them - Anonymity
Developed by Innovative Solutions, the creators of successful mining application BetterHash, EZSwap.net was conceived to address critical complaints cryptocurrency investors voiced about the existing cryptocurrency exchange platforms. The resulting platform executes crypto exchanges that are anonymous, fast and inexpensive. - September 01, 2019 - Innovative Solutions
National Benefit Programs is Celebrating 10 Years in Business
Since 2009, National Benefit Programs (NBP) has been assisting ISOs, Acquirers and Payment Processors to increase their Value Beyond Processing™ by using the NBP Program. Today, NBP supports 200,000+ SMB’s in the U.S. by offering one of the most robust savings programs available in the... - August 29, 2019 - National Benefit Programs
ABA Publishing Releases New Book, "The Law of Artificial Intelligence and Smart Machines," Co-Authored by Attorney and Industry Expert, Eric Boughman from ForsterBoughman
ABA Publishing has released a new book, "The Law of Artificial Intelligence and Smart Machines: Understanding AI and the Legal Impact," co-authored by attorney and industry expert, Eric Boughman from the law firm of ForsterBoughman. It examines the legal implications of artificial intelligence and discusses a wide-range of topics including healthcare regulation, data and privacy concerns, cybernetics and bio-robotics, copyright law, cybersecurity issues, and the practice of transactional law. - August 22, 2019 - Forster Boughman Lefkowitz & Lowe
DataPoints & AFCPE® Form Partnership to Blend Financial Psychology Technology with the Leader in Financial Counseling, Coaching, & Education
The partnership will benefit AFCPE® members and DataPoints clients, with the ultimate goal of helping improve the financial lives of individuals. - August 22, 2019 - DataPoints
Texas Trust Credit Union Game-a-thon Raises $2,755 for Children’s Miracle Network
A team of 20 employees from Texas Trust Credit Union raised $2,755 for charity during a 24-hour game-a-thon held at the credit union headquarter campus. The Extra Life game-a-thon, which benefits the Children’s Miracle Network (CMN), included employees of the credit union and family members. - August 22, 2019 - Texas Trust Credit Union
GBS Selects Galen Floyd as New Regional Marketing Director
In order to meet the growing demands for Group Benefit Services (GBS) programs, GBS has selected Galen Floyd as Regional Marketing Director (RMD) for the southwest Missouri region. - August 21, 2019 - Group Benefit Services, Inc.
The Resource Center Celebrates Its 15th Year with Partner Safeco Insurance®
Company President Bruce Porter said, “The Resource Center, has represented Safeco Insurance since 2004. Since then we have helped thousands of people in the Springfield, Missouri area with their insurance. We take pride in our strong working relationship and our shared commitment to helping our customers protect what matters most to them." - August 18, 2019 - The Resource Center, Inc.
Progress Capital Secures $16 Million for Lehigh Student Housing Portfolio
Brad Domenico arranged $16,000,000 in financing for a valued client to acquire a 44 unit, 219 bed, multi-site Student Housing Portfolio adjacent to Lehigh University in Bethlehem, PA. Student Housing is known to be recession resilient and offers a degree of stability that is seldom present in... - August 17, 2019 - Progress Capital