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.

Spencer Savings Bank Welcomes New SVP, Director of Retail Sales/Service

Spencer Savings Bank Welcomes New SVP, Director of Retail Sales/Service

Spencer Savings Bank is pleased to welcome MaryRose Genovese as Senior Vice President and Director of Retail Sales/Service. MaryRose will be responsible for leading the Retail Financial Center Network and Customer Service Center. She is a strong leader who is focused on providing a superior client experience as well as developing passionate talent within her team. - May 15, 2024 - Spencer Savings Bank

Tórónet Partners with NexeraID to Elevate Digital Transaction Security with Advanced KYC Integration

Tórónet Partners with NexeraID to Elevate Digital Transaction Security with Advanced KYC Integration

Tórónet, a trailblazer in providing cutting-edge technological solutions to underserved markets, announces a significant advancement in digital security through a strategic partnership with NexeraID that sets new benchmarks for secure and convenient financial transactions. This collaboration introduces Know Your Customer (KYC) integration, designed to enhance transaction security and support and empower African communities by ensuring access to safe, reliable financial services. - May 10, 2024 - Toro Software Development Corp.

A-Team Group Announces Winners of ESG Insight Awards 2024

A-Team Group has announced the winners of its ESG Insight Awards 2024. - May 09, 2024 - A-Team Group

Skysparc Has Appointed Nima Najafi as New Head of IT

Skysparc Has Appointed Nima Najafi as New Head of IT

SkySparc, a leading corporate and financial institutions solutions provider, has appointed Nima Najafi as its new IT Manager to accommodate its expanding business. - May 08, 2024 - SkySparc

Funding Souq Receives License from The Saudi Central Bank “SAMA” to Operate Debt Crowdfunding Platform in the Kingdom of Saudi Arabia

Funding Souq Receives License from The Saudi Central Bank “SAMA” to Operate Debt Crowdfunding Platform in the Kingdom of Saudi Arabia

Funding Souq, SMEs financing & investment platform , is thrilled to announce that it has obtained a license from the Saudi Central Bank (SAMA) to operate its debt crowdfunding platform in the Kingdom of Saudi Arabia. - April 26, 2024 - Funding Souq

Compliant Workspace Helps Small Businesses Migrate to SharePoint

Compliant Workspace Helps Small Businesses Migrate to SharePoint

Compliant Workspace Facilitates Successful Migration to Microsoft SharePoint and Microsoft 365 for small businesses, Driving Digital Transformation and Enhancing Collaboration, Productivity, and Data Security. Key highlights include centralized data storage, enhanced collaboration, improved data security, and reduced IT overhead costs. Read more in our latest Whitepaper at www.compliantworkspace.com/resources or visit www.CompliantWorkspace.com for more information. - April 24, 2024 - Compliant Workspace

DOL Finalizes Plans for Fiduciary-Only Regime

DOL Finalizes Plans for Fiduciary-Only Regime

New Rulemaking Package Ignores Industry Concerns, Puts Independent Annuity Professionals and Clients at Risk. - April 23, 2024 - NAFA, National Association for Fixed Annuities

Web3 Dubai Summit Concluded Successfully by RWA Finance

Web3 Dubai Summit Concluded Successfully by RWA Finance

On April 17, “Web3 Summit” Dubai, co-hosted by RWA Finance, concluded successfully at the Atlantis Hotel. Thousands of innovators, technologists and financial experts from all over the world gathered in Dubai Palm Island to discuss the latest development trends of Web3, RWA and AI. RWA... - April 23, 2024 - RWA Finance

Strong Overall Growth Reported for SkySparc Provides Foundation for Modernization and Advancement

Strong Overall Growth Reported for SkySparc Provides Foundation for Modernization and Advancement

SkySparc, a leading corporate and financial institutions solutions provider, has reported solid financial performance in 2023, driven by strong growth across client acquisitions and new service offerings. - April 19, 2024 - SkySparc

Spencer Savings Bank Welcomes Vice President, Small Business Relationship Manager

Spencer Savings Bank Welcomes Vice President, Small Business Relationship Manager

Spencer Savings Bank is proud to welcome Matthew Anderson as Vice President, Small Business Relationship Manager to our Small Business Finance division. Our Small Business Finance division, recently formed, has been performing exceptionally well. We are excited to partner with Matthew in supporting our small business community throughout New Jersey. - April 18, 2024 - Spencer Savings Bank

Gary S. Williams of Williams Asset Management Honored in Forbes Best-In-State Wealth Advisors List for 2024

Gary S. Williams of Williams Asset Management Honored in Forbes Best-In-State Wealth Advisors List for 2024

Williams Asset Management, an independent investment and financial planning firm in Howard County, Maryland, announced that its, CEO and President Gary Williams, CFP®, CRPC, AIF® has been named to Forbes’ Best-In-State Wealth Advisors list for 2024. The list is published on Forbes.com. - April 18, 2024 - Williams Asset Management

Concord Servicing Partners with Blu Opportunity, Qcells North America and  SRC Digital Insurance Services to Support Orange Button

Concord Servicing Partners with Blu Opportunity, Qcells North America and SRC Digital Insurance Services to Support Orange Button

Will Increase Efficiency and Transparency in Renewable Energy Projects - April 17, 2024 - Concord Servicing

Cywreck Announces Groundbreaking Launch of Wreckbot AI: Your AI-Powered Guardian for Secure and Streamlined Development

Cywreck, a leader in cybersecurity solutions, today announced the highly anticipated launch of Wreckbot AI, a revolutionary AI assistant designed to empower developers with robust security and streamlined workflows. Wreckbot AI will be available for free trials starting later this month. - April 13, 2024 - Cywreck

NexGen Networks Expands Its Global Footprint with Additional Point of Presence in South Africa

A Vision for Global Connectivity. - April 12, 2024 - NexGen Networks

RWA Finance Launched VE Governance, Best Time to Capture Value

RWA Finance Launched VE Governance, Best Time to Capture Value

RWA Finance is the first RWA (Real World Asset Tokenization) project using the VE model. Users can get the veToken by locking RWAS in the VE pool, enjoying the right to community governance and token emission. - April 11, 2024 - RWA Finance

Spencer Savings Bank Celebrates Grand Opening in Edison

Spencer Savings Bank Celebrates Grand Opening in Edison

Spencer Savings Bank is proud to announce the grand opening of its newest financial center in Edison, NJ. The bank made a $5,000 donation to the Edison YMCA to help build strong kids, strong families, and strong communities. - April 10, 2024 - Spencer Savings Bank

Concord Servicing Asks Resorts to Take the Blackwell Challenge

Concord Servicing Asks Resorts to Take the Blackwell Challenge

Have you ever wondered if your resort could be collecting a higher percentage of accounts payable? Now there’s no reason for uncertainty. “We welcome the opportunity to match the collections results achieved by our Blackwell Recovery subsidiary against your current collections’... - April 10, 2024 - Concord Servicing

Alternative Payments Launches Revolutionary Open Banking Platform DPMax for a Simplified Payment Experience

Alternative Payments Launches Revolutionary Open Banking Platform DPMax for a Simplified Payment Experience

Alternative Payments launches its revolutionary Open Banking Platform, DPMax, aimed at transforming the payments landscape. The company's new technology will boost local market presence and help US-based companies to become more competitive in the global market. Alternative Payments' goal is to... - April 04, 2024 - Alternative Payments

Spencer Savings Bank Welcomes Kashif Pervez as VP, Business Development Officer

Spencer Savings Bank Welcomes Kashif Pervez as VP, Business Development Officer

Spencer Savings Bank is excited to announce Kashif Pervez, has joined the team as a Vice President, Business Development Officer. Kashif’s focus will be on identifying and cultivating long-term profitable business relationships in Edison, NJ and the surrounding markets. - March 30, 2024 - Spencer Savings Bank

Liberty Tax Announces Expansion of Its Leadership Team

Liberty Tax announces Michael Miller as Chief Operating Officer. - March 29, 2024 - Liberty Tax

Concord Servicing to Highlight Enhanced Capabilities at ARDA Convention

Concord Servicing to Highlight Enhanced Capabilities at ARDA Convention

ARDA Attendees Urged to Meet with Concord in Las Vegas April 14-17 - March 28, 2024 - Concord Servicing

Kert Stevens Joins the Meadows Bank SBA Team as SVP, Business Development Officer in Utah

Kert Stevens Joins the Meadows Bank SBA Team as SVP, Business Development Officer in Utah

Meadows Bank announced today that Kert Stevens has joined Meadows Bank as an SBA, Senior Vice President, Business Development Officer. Kert brings nearly 25 years of commercial banking experience, specializing in SBA loans. - March 27, 2024 - Meadows Bank

Meet Zeta at CBA Live Conference 2024 to Unveil AI Banking Solutions

Zeta, a leading provider of next-generation card processing solutions, is excited to announce its participation as a Diamond Sponsor at the upcoming CBA Live 2024 conference, taking place March 25-27, 2024, at the Gaylord National Resort & Convention Center in National Harbor, Maryland. Zeta... - March 22, 2024 - Zeta

Annuity Owners Report Product Satisfaction, Positive Buying Experience

Annuity Owners Report Product Satisfaction, Positive Buying Experience

New NAFA survey finds risk mitigation the top reason cited for buying a fixed annuity. - March 18, 2024 - NAFA, National Association for Fixed Annuities

Jonathan Pope Joins the Meadows Bank SBA Team as SVP, Business Development Officer in Tennessee

Jonathan Pope Joins the Meadows Bank SBA Team as SVP, Business Development Officer in Tennessee

Meadows Bank announced today that Jonathan Pope has joined Meadows Bank as an SBA, Senior Vice President, Business Development Officer. Jonathan brings over 19 years of commercial banking experience, specializing in SBA loans. - March 13, 2024 - Meadows Bank

Adam White Joins the Meadows Bank SBA Team as  SVP, Business Development Officer in Ogden, Utah

Adam White Joins the Meadows Bank SBA Team as SVP, Business Development Officer in Ogden, Utah

Meadows Bank announced today that Adam White has joined Meadows Bank as an SBA, Senior Vice President, Business Development Officer. Adam brings over 14 years of commercial banking experience, specializing in SBA loans. - March 12, 2024 - Meadows Bank

Altitude Capital Group Secures FINRA Approval, Strengthens Global Investment Services

Altitude Capital Group has received approval from the Financial Industry Regulatory Authority (FINRA), marking a significant step forward in expanding its investment banking and securities brokerage services internationally. This approval enables Altitude to enhance its efforts in capital raising... - March 08, 2024 - Altitude Capital Group LLC

28th WebAward Competition: Who Will Win Best Financial Services Website?

28th WebAward Competition: Who Will Win Best Financial Services Website?

The Web Marketing Association is looking for the best Financial Services websites in the world as part of their 28th annual international WebAward Competition for Web site development at www.webaward.org. The WebAwards is the standards-defining competition that sets benchmarks for 90 indus.ncial services and new categories for cryptocurrency and blockchain websites - March 07, 2024 - Web Marketing Association

Spencer Savings Bank Donates $10K to Support STEM Education

Spencer Savings Bank Donates $10K to Support STEM Education

Spencer Savings Bank donated $10,000 to the Research & Development Council of New Jersey in support of their Governor’s STEM Scholars program. The generous contribution aimed to assist students in pursuing science, technology, engineering, and mathematics (STEM) fields. - March 06, 2024 - Spencer Savings Bank

A-Team Group Announces Winners of RegTech Insight Awards APAC 2024

A-Team Group has announced the winners of its RegTech Insight Awards APAC 2024. The awards are designed to recognise excellence in RegTech solutions and services, and focus on vendors providing exceptional offerings to capital markets participants in APAC. The winners of the awards were announced... - March 06, 2024 - A-Team Group

SkySparc Scales-Up Center of Excellence Offering with Johan Dahlström Appointment

SkySparc Scales-Up Center of Excellence Offering with Johan Dahlström Appointment

SkySparc, a leading corporate and financial institutions solutions provider, has appointed Johan Dahlström as Head of its Center of Excellence practice, in efforts to grow the business solutions hub in line with recent demand. - March 05, 2024 - SkySparc

Bill Driscoll Honored as a Professional of the Year for 2024 by Strathmore’s Who’s Who Worldwide

Bill Driscoll of Plymouth, New Hampshire, has been recognized as a Professional of the Year for 2024 by Strathmore’s Who’s Who Worldwide Edition for his outstanding contributions and achievements in the field of life insurance and financial planning. About Bill Driscoll Bill Driscoll... - February 29, 2024 - Strathmore Worldwide

A-Team Group Announces Winners of TradingTech Insight Awards Europe 2024

A-Team Group has announced the winners of its TradingTech Insight Awards Europe 2024. The awards recognise excellence in trading solutions and services, and focus on vendors providing exceptional trading infrastructure, trading technology and data solutions to capital markets participants in Europe. - February 29, 2024 - A-Team Group

Title Twins Enhance Vehicle and Vessel Titling with Services Available Through the West Virginia Clearinghouse

Title Twins Enhance Vehicle and Vessel Titling with Services Available Through the West Virginia Clearinghouse

Title Twins is recognized as a prominent processor in the vehicle and vessel titling industry, offering services that span across the United States. The company’s efforts to provide efficient and customer-centric titling services are supported by its extensive experience and commitment to excellence. - February 28, 2024 - Title Twins

California Coast Credit Union Names Kyra Seay Vice President of Community Relations & Business Development

California Coast Credit Union Names Kyra Seay Vice President of Community Relations & Business Development

California Coast Credit Union, the longest serving financial institution based in San Diego, with over $3.5 billion in assets, has named Kyra Seay as Vice President of Community Relations & Business Development. In her role at Cal Coast, Seay will oversee community relations and business... - February 26, 2024 - California Coast Credit Union

Verifacto Introduces Verifacto e-Sign to Enhance Smart DMS Capabilities for Auto Dealers

Verifacto Introduces Verifacto e-Sign to Enhance Smart DMS Capabilities for Auto Dealers

Verifacto introduces Verifacto e-Sign, enhancing its Smart DMS for auto dealerships. This feature streamlines operations, saves time, and improves document management through secure electronic signatures, aligning with evolving customer preferences for online solutions. Visit Verifacto.com for more information. - February 25, 2024 - Verifacto

Yuze to Launch Innovative SME Banking Solution in the UAE

Yuze to Launch Innovative SME Banking Solution in the UAE

Yuze has an innovative digital platform offering bespoke services to promote financial inclusion. - February 23, 2024 - Yuze Digital

Gestalt Announces Partnership with TruDecision to Integrate Analytics, AI and Reporting for Lenders

Gestalt Announces Partnership with TruDecision to Integrate Analytics, AI and Reporting for Lenders

Gestalt Tech (Gestalt) announced today that they have entered into an agreement to partner with Irving, TX based TruDecision Inc. (TruDecision) to provide sophisticated analytic tools through their cutting age data warehouse platform. By integrating TruDecision’s suite of analytic tools,... - February 22, 2024 - TruDecision Inc.

Emma Burnaby-Atkins Joins Madison Lincoln as Senior Director

Emma Burnaby-Atkins Joins Madison Lincoln as Senior Director

Key Appointment Strengthens Real Estate Investment and Private Equity Executive Search Offering - February 22, 2024 - Madison Lincoln

Live 2-Hour CFP® Ethics Webinar Presentation

Introducing B.E.S.T.’s live 2-hour CFP® ethics webinar “Ethics CE: CFP Board’s Revised Code and Standards Ethics for CFP® Professionals.” - February 18, 2024 - Broker Educational Sales & Training, Inc.

DSB Rock Island Announces New Partner

DSB Rock Island Announces New Partner

Justin Spinler, CPA, promoted to Partner, Tax at DSB Rock Island, a top-rated public accounting firm located in the Twin Cities. - February 15, 2024 - DSB Rock Island | Business + Wealth Management Partners

B.E.S.T.’s New IAR CE Courses

Start fulfilling your 12-hour IAR CE requirements today. Also approved for 10 CE credit hours of CFP® and / or 10 CE credit hours of IWI (CIMA® / CPWA® / RMA®).* - February 15, 2024 - Broker Educational Sales & Training, Inc.

ResBex Launches to Transform Real Estate Nationwide

ResBex Launches to Transform Real Estate Nationwide

ResBex launches a revolutionary real estate platform nationwide, offering a new commission system, patent-pending technology for unmatched property search efficiency, and a community-driven ecosystem. Agents get a 90-day risk-free trial. Join the future of transparent, fair real estate at resbex.com. - February 14, 2024 - ResBex

Spencer Savings Bank Welcomes Vice President, Small Business Relationship Manager Phyllis Valentino

Spencer Savings Bank Welcomes Vice President, Small Business Relationship Manager Phyllis Valentino

Spencer Savings Bank has appointed Phyllis Valentino as Vice President, Small Business Relationship Manager. She assumes the role within the Bank’s Small Business Finance division, which was recently launched this past year and is experiencing great success. - February 09, 2024 - Spencer Savings Bank

New OmniFi Delivers Enhanced Automation, Efficiency to Clients

New OmniFi Delivers Enhanced Automation, Efficiency to Clients

SkySparc, a leading provider of corporate and financial institutions solutions, has released OmniFi 9, a new version of its award-winning SaaS-based automation platform, following significant investment aimed at enhancing client value over the next decade. - February 09, 2024 - SkySparc

Empowering Homeownership: Tracey Wheeler, Your Trusted Mortgage Guide for Success in California, Arizona, and Virginia

Empowering Homeownership: Tracey Wheeler, Your Trusted Mortgage Guide for Success in California, Arizona, and Virginia

Celebrate the new addition to the outstanding Gullick Group. Senior Loan Officer Tracey Wheeler, an industry luminary with a 14-year track record spanning California, Arizona, and Virginia. Tracey's standout qualities lie in her commitment to client education and empowerment, making her a beacon of trust and expertise. A dedicated educator at heart, she believes in arming buyers with knowledge for confident homeownership journeys. - February 07, 2024 - Gullick Group

NAFA Announces 2024 Board of Directors

NAFA Announces 2024 Board of Directors

Industry Leaders Join Efforts to Protect the Future of Fixed Annuities and Independent Distribution - January 24, 2024 - NAFA, National Association for Fixed Annuities

Commissioner George Mentz Wins Thought Leader & Influencer Awards While Expanding Global Charitable Service and Aspen Commission

Commissioner George Mentz Wins Thought Leader & Influencer Awards While Expanding Global Charitable Service and Aspen Commission

Commissioner George Mentz is now the 1st in the world to be ranked as a top 50 Global Thought Leader and Influencer in the areas of Management, FinTech, Wealth Management/Financial Planning, Project Management, HR Human Resources and B2B by various analytics bodies worldwide. Dr./Jur. Mentz also... - January 19, 2024 - George Mentz

Spencer Savings Bank Welcomes Vice President, Small Business Relationship Manager

Spencer Savings Bank Welcomes Vice President, Small Business Relationship Manager

Spencer Savings Bank has appointed Jesse Oliver as Vice President, Small Business Relationship Manager. He assumes the role within the Bank’s Small Business Finance division, which was recently launched this past year and is experiencing great success. - January 18, 2024 - Spencer Savings Bank

Abba Platforms Inc. to Launch Abba Digital Banking for Over 500 Million Unbanked People All Over Africa

Abba Platforms Inc. to Launch Abba Digital Banking for Over 500 Million Unbanked People All Over Africa

Currently available for Android on Google Play, Abba Wallet is Africa's fastest growing peer-to-peer mobile payment and digital wallet platform providing rapid payments for contactless in-app, online, and offline purchases on mobile devices, allowing users to send and receive money, pay or get paid in real-time using a variety of secured tools as well as crowdfund and crowdraise money for any urgent needs. - January 17, 2024 - Abba Payments Ltd.

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