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.
T-REX Trend Report: Commercial PACE ABS Positioned for Exponential Growth Into 2020 - Access a Complimentary Copy of the Full Report
Written for members of the investment community focused on energy efficient asset classes, this issue of the T-REX Trend Report discusses four trends that indicate Commercial PACE will see rapid fire growth in ABS issuance in 2019 and 2020. - November 18, 2018 - T-REX
Texas Trust Credit Union Employees Raise Money for Children’s Miracle Network
A number of Texas Trust Credit Union employees raised $1,130 in the 24-hour Extra Life game-a-thon held at the credit union’s headquarters recently. The Extra Life game-a-thon is a national event that bring people together to raise money for Children’s Miracle Network Hospitals by... - November 17, 2018 - Texas Trust Credit Union
Tellerex Celebrates 5 Year Anniversary
Tellerex, Incorporated, a leading ATM, Kiosk, and lifecycle solutions provider is pleased to announce their 5 year anniversary and would like to thank their team and all of their customers for their loyalty and support. The company is operated by a world-class team of industry professionals who... - November 13, 2018 - Tellerex Inc.
Assurance Software Customers Share Best Practices and Celebrate Achievements During Inaugural Customer Conference
Assurance Software, a leading provider of comprehensive business continuity management and disaster recovery software and services, hosted its inaugural Surge customer conference October 28-30. During the conference, attendees learned about new and upcoming software innovations and services while... - November 13, 2018 - Assurance Software
Dhanayoga Launches Global Multi-Asset Portfolio Advisory Services
The Global Multi-Asset Portfolio Advisory services enable Individual and Institutional investors from any part of the world to benefit from both standardized and tailored Global Multi-asset portfolios that align with one's goals, return, risk, tenure and liquidity needs. - November 10, 2018 - Dhanayoga
Toronto Based Crypto Exchange Correx.io Adds Bitcoin Escrow Service
Correx.io, fast becoming one the world's most popular crypto exchanges, has added yet another feature to it's growing list of services. In early October, they launched a Bitcoin escrow service for three different kinds of contractual agreements involving the use of Bitcoin as consideration:... - November 09, 2018 - Correx International
Spencer Savings Bank Celebrates Grand Opening in Downtown Westfield
Spencer Savings Bank celebrated the official opening of its financial center in Westfield, N.J. last week with a ribbon cutting ceremony. Westfield Mayor Shelley Brindle joined the bank and town officials in celebrating the new business location in downtown Westfield at 240 North Avenue. The... - November 09, 2018 - Spencer Savings Bank
North Carolina’s Duke Credit Union, Weary of Upgrade Costs, Picks Dolphin Debit to Manage Its ATM Fleet
Facing the prospect of having to go through another ATM upgrade – the January 2020 migration to Windows 10 – Duke Credit Union decided it was finally time to get out of the ATM business and turn its fleet of machines over to Dolphin Debit. Dolphin Debit, the full-service ATM management... - November 09, 2018 - Dolphin Debit
Meadows Bank Net Income Rises 30%
Meadows Bank, headquartered in Las Vegas, NV, announced today that it posted After Tax Net Income of $11,368,000 in the first nine months of 2018 which was 30% higher than the $8,721,000 it earned during the same period in 2017. “The Bank’s net interest income through September 30,... - November 08, 2018 - Meadows Bank
Principia Offers SOFR Impact Assessments with pasVal
Principia announced its new service: impact assessments for the US market transition away from LIBOR to replacement SOFR. - November 08, 2018 - Principia Partners LLC
Texas Trust Credit Union Named Sponsor of Grand Prairie’s New Upscale Epic Theater
The City of Grand Prairie’s multi-billion-dollar Epic lifestyle, health, and entertainment venue has named Texas Trust Credit Union as the official sponsor of the Epic Theater. The five-year agreement gives Texas Trust naming rights along with signage and advertising opportunities, and... - November 08, 2018 - Texas Trust Credit Union
MoolahSense Launches M.A.I., a Blockchain-Based AI That Monitors Loans to Anticipate Delinquency, Fraud, & Default
How do you monitor your borrowers to prevent and anticipate delinquency, fraud and default while achieving consistent loan book performance? - November 07, 2018 - MoolahSense Pte Ltd
Meadows Bank Named NADCO’s Most Active Community Lender for the SBA 504 Loan Program
Meadows Bank announced that it was recently awarded, for the second time, the National Association of Development Companies (NADCO), Most Active Community Lender of the Year for the SBA 504 Loan Program. Meadows Bank accepted the award last month during the NADCO 2018 Annual Meeting in Ft. - November 06, 2018 - Meadows Bank
FinTech School Announces a Public Training in Partnership with Moody’s Analytics
FinTech School (located in San Francisco), a leading FinTech institute, has joined forces with Moody’s Analytics with the aim of training FinTech enthusiasts about "Fundamentals of FinTech" and "Robo-Advisors & Digital Wealth," respectively on 27th, 28th November and 29th, 30th November 2018 in New York. - November 06, 2018 - FinTech School
Peter Wassileff of HomeSmart Evergreen Realty Reports That the San Fernando Valley Real Estate Market is Shifting
Peter Wassileff of HomeSmart Evergreen Realty is seeing changes in the real estate market. There are more homes coming to the market, which is a positive sign, but the market is experiencing a slowdown in price increases, homes taking longer to sell, price cuts on listed properties and less buyer demand. - November 06, 2018 - HomeSmart Realty
Khalti Launches Wallet to Bank Money Transfer Facility
Khalti, an emerging digital wallet and payment gateway in Nepal has launched wallet to bank money transfer facility, enabling its users to transfer the balance in their Khalti to their bank accounts. Now, its users can digitize cash and remit it to family and friends very easily, or withdraw it at their convenience. - November 05, 2018 - Khalti Digital Wallet
Texas Trust Collects, Disposes of Confidential Documents at Its Get Shredded and Protected Event
Texas Trust Credit Union shredded hundreds of pounds of paper at its first Get Shredded and Protected event in Flower Mound. Several hundred people came out to have confidential documents, CDs, and video tapes shredded on-site and to discard unneeded paper, eliminating the danger of financial... - October 31, 2018 - Texas Trust Credit Union
Medlaw Publishing Schedules Release Date of Its Non-Fiction Book, "Capitol Hill's Criminal Underground"
Release Date set for ground breaking non-fiction book on government corruption. - October 30, 2018 - Richard Lawless, Author
Spencer Savings Bank Welcomes Michael Claisse as Commercial Real Estate Director
Spencer Savings Bank is pleased to welcome Michael Claisse as Senior Vice President, Director of Commercial Real Estate. Claisse will be responsible for the management of the bank’s Commercial Real Estate division with an emphasis on growing Spencer’s commercial lending portfolio,... - October 30, 2018 - Spencer Savings Bank
Former Rothschilds Director and Current PlatinumDEX Chairman Supports "Roubini-Lite" Crypto Regulation
Veteran City of London Investment Banker, Rosamund Blomfield Smith, and Chairman of PlatinumDEX supports the idea of “proportionate” regulation in crypto in response to the US economist Nouriel "Dr. Doom" Roubini's recent demand to US Congress that crypto be banned. Proportionate legislation is needed, as the industry is failing to self-regulate adequately. - October 29, 2018 - Platinumdex Limited
PlatinumDEX's Focus on Building Confidence and Security Will Counter Recent Condemnation Directed at Crypto Ecosystem
PlatinumDEX's delivery of a global network of secure crypto exchange with strong corporate governance and proper KYC, AML and ATF protocols will answer much of the criticism aimed at the digital assets financial market. The North Korean Hackers $500 USD million thefts and Nouriel "Doctor Doom" Roubini verbal attacks are a wake-up call to the industry. - October 26, 2018 - Platinumdex Limited
Alizz Islamic Bank Partners with Impelsys to Enhance Digital Learning Courseware for Its Employees
Impelsys Inc., a leading technology company providing digital products and services to publishers, education providers and enterprises worldwide has entered into a business partnership with Alizz Islamic Bank, one of Oman’s first full-fledged Islamic banks. Under the partnership, Impelsys... - October 25, 2018 - Impelsys Inc.
Ignite Advisory Group Presents The MORE Conference for Mortgage & Real Estate Professionals
Ignite Advisory Group, a speaker and event management agency, is pleased to announce the launch of The MORE Conference, a fresh event for mortgage and real estate executives and professionals. The event takes place January 23-25, 2019, at the Hilton Anatole in Dallas, TX. The MORE Conference was... - October 24, 2018 - Ignite Advisory Group
Mortgage Industry Veteran Gerald Canon Named President of eCU Mortgage
Gerald Canon, who has spent a quarter of a century in the mortgage business, has been named President of eCU Mortgage, the CUSO mortgage company that serves credit unions throughout Texas. As President, Canon will provide overall leadership as the company expands in its mission of helping credit... - October 24, 2018 - First Service Credit Union
NAREB Las Vegas Community Wealth Building Day to Promote Homeownership in Minority Communities
Nevada Association of Real Estate Brokers (NAREB) sponsors Community Wealth Building Day to help Las Vegas minority residents to take first steps to become homeowners and start building wealth. - October 23, 2018 - NAREB Region XV
PAI and Zem Media Announce Market Partnership
PAI chooses Zem Media as Preferred Provider of Digital Toppers for ATMs. - October 23, 2018 - Zem Media
Spencer Savings Bank Welcomes Alexander Booth as Chief Financial Officer
Spencer Savings Bank is pleased to welcome Alexander C. Booth as Senior Vice President, Chief Financial Officer. Booth will be responsible for the overall management of Spencer’s Finance Division, including the areas of accounting, treasury, financial reporting as well as financial planning... - October 19, 2018 - Spencer Savings Bank
Jose B. Guerrero, Chairman, President and CEO, Spencer Savings Bank Honored for Making a Difference in NJ
Jose B. Guerrero, Chairman, President and CEO, Spencer Savings Bank, Elmwood Park, NJ was recently honored with the David Sarnoff Award for Advocacy at the Sixth Annual New Jersey Immigrant Entrepreneurs Awards at the Asian Indian Chamber of Commerce Multi-Chamber Event in Monmouth Junction. Under Jose's leadership, Spencer has spent decades making its community a better place to live and work. - October 18, 2018 - Spencer Savings Bank
Chelsea Groton Bank Partners with iGrad for Financial Wellness Education
Chelsea Groton Bank has partnered with the San Diego-based company iGrad to offer Enrich™ - iGrad’s adaptive, personalized and interactive online financial wellness platform - to its members. - October 17, 2018 - iGrad
Duke Partners with iGrad to Offer Financial Wellness Platform to Students and Alumni
Leading financial wellness education company iGrad has partnered with Duke University to offer its adaptive, interactive financial literacy platform to students and alumni. iGrad, a private company based in San Diego, is a leading provider of interactive and adaptive online financial wellness... - October 17, 2018 - iGrad
Spencer Savings Bank Wraps Up "Movies Under The Stars" Series
Spencer Savings Bank recently wrapped up its annual “Movies Under The Stars” series with two final events in Elmwood Park and Garwood. A crowd of almost 400 attended the events which have been a hit all summer long. Spencer partnered up with the Elmwood Park Recreation Department, the Borough of Garwood, and the Greater Westfield Area Chamber of Commerce to provide the movie nights for local families. Join Spencer in 2019 for their next “Movies Under The Stars” series. - October 16, 2018 - Spencer Savings Bank
ARIDO 1.5 Billion Dollar Collection Presenting at Collectrium, a Christie’s Company During Art Basel Miami 2018
ARIDO Fine Art created with the highest quality gems and precious metals in the world. - October 15, 2018 - ARIDO Jewelry
Advisors Capital Management Adds Former Salient Global Equity Team
Nationally recognized investment advisory firm, Advisors Capital Management (ACM), is pleased to announce the addition of the former global equity investment team from Salient Partners, along with the assets managed by the team. This addition brings to ACM’s investment committee three... - October 13, 2018 - Advisors Capital Management
Inspired by San Angelo’s Murals, Texas Trust Turns ATM Into Work of Art
Downtown San Angelo’s popular historical murals were the inspiration for the restyling of Texas Trust Credit Union’s ATM at its branch on the West 306 Loop. Texas Trust commissioned Presley Rumsey, an up-and-coming local artist, to turn the routine concrete housing that surrounds that... - October 11, 2018 - Texas Trust Credit Union
Wayne S. Hill Appointed as SVP to Lead ABD Life, Wealth, and Disability Practice
ABD Insurance and Financial Services announced today the appointment of Wayne S. Hill as Senior Vice President of the ABD Life, Wealth, and Disability Practice. With more than 15 years of wealth management experience, Wayne and his team will partner with clients to develop personal wealth... - October 09, 2018 - Newfront
SprinkleCoin is Now Available at Several Cryptocurrency Exchanges Including LA-Token
SprinkleCoin, SCOI is pleased to announce to its users that it is now available in major traders and exchanges such as LA Token. LA-Token is a very prominent and well-known crypto-exchange with daily trades occurring which have a collective sum of $35 million. LA-Token will be providing conversions... - October 06, 2018 - SprinkleCoin
The College Investor Named Best Student Loan Debt Blog in 2018
The College Investor was named the Best Student Loan Debt Blog in 2018 at the Plutus Awards for their outstanding work helping individuals navigate the complex world of student loan debt. This is the seventh year The College Investor has been nominated for a Plutus Award and their second win. - October 04, 2018 - The College Investor
Texas Trust Credit Union Opening New Branch in Las Colinas
Texas Trust Credit Union, one of the top credit unions in North Texas, has opened its newest branch in the heart of Las Colinas. The branch, which opened today, is located at the President George Bush Turnpike and MacArthur Boulevard. “Las Colinas is a well-regarded community that is home... - October 03, 2018 - Texas Trust Credit Union
Smart Financial Foundation to Honor Justin J. Watt Foundation with Community Impact Award
On Wednesday, October 17, 2018 at 11:30am, The Smart Financial Foundation will present its 2018 Community Impact Award and Lifetime Achievement Award. Honorees include Justin J. Watt Foundation - Community Impact Award and Dr. William A. Young Jr. - Lifetime Achievement Award. Khambrel Marshall of KPRC-TV Channel 2 will emcee and Connie Watt, VP of Justin J. Watt Foundation will speak. - October 02, 2018 - Smart Financial Credit Union
FPSB Launches World Financial Planning Day 2018
Global financial planning community launches World Financial Planning Day (#WFPD) during IOSCO’s World Investor Week (#WIW2018). - October 02, 2018 - Financial Planning Standards Board
ICO Spotters Launches Podcast for ICO, Blockchain & Cryptocurrency Interviews
ICO Spotters Launches Podcast Featuring In-Depth Interviews with the Most Exciting New ICO, Cryptocurrency and Blockchain Companies. - October 02, 2018 - ICO Spotters
Fountainhead Commercial Capital Refinances Candlewood Suites in Camas, WA
Fountainhead Commercial Capital today announced that it recently refinanced the $13 million Candlewood Suites Vancouver-Camas hotel located at 2010 SE 192nd Ave. The 83-room extended stay hotel sits on 1.16 acres and is less than 15 minutes from Portland International Airport. An IHG hotel,... - October 01, 2018 - Fountainhead Commercial Capital
Meadows Bank's David Boser Graduates from Pacific Coast Banking School, the Premier National Graduate School of Banking™
Meadows Bank announced that David Boser, Senior Vice President, Commercial Loan Officer recently graduated from the prestigious Pacific Coast Banking School (PCBS). These executives completed a rigorous three-year graduate-level educational program designed for leaders in the financial services industry. - September 27, 2018 - Meadows Bank
FMW Media Works Corp. Announces September Broadcast Schedule for New to the Street and Exploring the Block; Broadcasting on Fox Business Network, September 25, 27 and 29
FMW Media Works Corp. announces New to the Street's upcoming airings of its TV show "New to the Street," and “Exploring the Block." Check your local cable provider for channel designation in your viewing area. The September 25th @10:30 PM PST “Exploring the Block”... - September 25, 2018 - New to the Street
Boston Community Capital Awarded $2.6 Million in CDFI Funding from U.S. Treasury Department
Boston Community Capital, a national nonprofit serving low-income communities, received a $1.125 million Financial Assistance (FA) award and a $1.5 million Healthy Food Financing Initiative (HFFI) award from the CDFI Fund of the U.S. Department of the Treasury for projects that help build healthy... - September 25, 2018 - Boston Community Capital
Sound Payments Announces Rebranding of Its Quantum Banking Channel
Quantum Banking Transitions to Sound Payments Banking Technology Solutions (BTS). - September 21, 2018 - Sound Payments
Three California Credit Unions Choose Dolphin Debit to Manage Their ATM Fleets
Three California credit unions have turned over operation of their ATM fleets to Dolphin Debit, the full-service ATM management company. The three are: San Jose-based Pacific Postal Credit Union, founded in 1931, a $217.1 million credit union with 14,186 members serving U.S. Postal Service and... - September 21, 2018 - Dolphin Debit
FinTech School to Launch FinTech Workshops & Online Courses in the Middle East
As the FinTech industry booms, there is still a shortage of FinTech and Blockchain training options. FinTech School and Golden Trust have partnered to deliver high quality training programs to Financial Institutions, Universities and NGOs in the Middle East in both English and Arabic. - September 19, 2018 - FinTech School
Trinity Street Capital Partners Announces the Origination of a High Leverage, Non-Recourse, Construction Loan on an AC Marriott Hotel Located in Atlanta, GA
Trinity Street Capital Partners (TSCP), a full service real estate investment bank, announces the origination of a $28.5MM, 75% loan-to-cost, construction loan for the development of a 222 key, AC Marriott stay hotel in Atlanta, GA. - September 17, 2018 - Trinity Street Capital Partners
KnightsbridgeFX.com Ranks on Growth 500’s Fastest Growing Canadian Businesses 2018
Knightsbridge Foreign Exchange has been ranked 107 by the Canada’s Fastest Growing Companies program, Growth 500. Knightsbridge FX has processed nearly 2 billion dollars on behalf of their clients across Canada. For the second consecutive year, Knightsbridge Foreign Exchange has ranked on... - September 17, 2018 - Knightsbridge Foreign Exchange