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.

University of Chicago & University of Maryland Study Details Peer Pressure’s Positive Effects at Curbing Spending & Saving Money

Personal Finance Management Platform Status Money Saves Users $600/Month - May 03, 2018 - Status Money

University of the Incarnate Word Partners with iGrad to Offer Financial Education to Large Non-Traditional Student Population

University of the Incarnate Word Partners with iGrad to Offer Financial Education to Large Non-Traditional Student Population

The University of the Incarnate Word (UIW) is partnering with iGrad to offer a comprehensive and adaptive financial education platform to its largely non-traditional student population. iGrad, a private company based in San Diego, is a leading provider of interactive and adaptive online financial... - May 03, 2018 - iGrad

Dolphin Debit Names Joe Woods to Lead Its National Sales Force

Dolphin Debit, the full-service ATM management company, has named industry veteran Joe Woods its Senior Vice President and Director of Sales. In this position, Woods will guide and grow Dolphin Debit’s sales force to serve the rapidly increasing number of credit unions and banks that are... - May 02, 2018 - Dolphin Debit

Homes for Heroes Honors Affiliate Real Estate and Lending Specialists Who Gave Back More Than $1,762,000 to 1,405 Community Heroes

Homes for Heroes Honors Affiliate Real Estate and Lending Specialists Who Gave Back More Than $1,762,000 to 1,405 Community Heroes

Top affiliates receive distinguished honor by being inducted into the Homes for Heroes Heroes Served Club for their work and selfless service to their community heroes; firefighters, law enforcement officers, military, healthcare workers and teachers. - April 25, 2018 - Homes for Heroes

Menlo Group Senior VP Becomes Member of Elite Commercial Real Estate Society

Menlo Group Senior VP Becomes Member of Elite Commercial Real Estate Society

Grafton Milne of Menlo Group Commercial Real Estate has achieved the SIOR office designation awarded by the Society of Industrial and Office REALTORS®. SIOR is a Washington, DC-based international professional organization of more than 3,100 commercial real estate professionals, 2,900 of whom have earned the coveted SIOR designation. - April 25, 2018 - Menlo Group Commercial Real Estate

Bryan McClaine Joins Mars as Assistant Vice President, Mortgage Originator

Bryan K. McClaine (NMLS# 1737358) joined Mars Bank as an Assistant Vice President, Mortgage Originator. He will be responsible for generating residential mortgage business in Mercer and Butler counties. “Bryan is a great addition to our mortgage team,” said Shawn R. Proper, Mars Bank... - April 20, 2018 - Mars Bank

Xsolus to Launch Crowdfunding Platform (CROWDFUND): Crowdfunding, ICOs, and Token Sales Marketplace

Xsolus to Launch Crowdfunding Platform (CROWDFUND): Crowdfunding, ICOs, and Token Sales Marketplace

Xsolus, a blockchain solutions company with headquarters in Panama, is set to launch its Crowdfunding Platform (CROWDFUND) to allow the company, its customers, and its partners to host simultaneous live crowdfunding events, accepting a variety of cryptocurrencies, such as Bitcoin (BTC), Ethereum... - April 19, 2018 - Xsolus Inc.

HealthCare Associates Credit Union Launches iGrad’s Enrich Financial Literacy Platform

HealthCare Associates Credit Union Launches iGrad’s Enrich Financial Literacy Platform

HealthCare Associates Credit Union has partnered with iGrad to offer the Enrich™ Financial Wellness Platform to its members. - April 19, 2018 - iGrad

Texas Trust Credit Union Earns Ranking as 10th Best-Performing Credit Union in the Country

S&P Global Market Intelligence Compared Texas Trust to Thousands of Other Credit Unions. - April 18, 2018 - Texas Trust Credit Union

American Receivable Acquires $50 Million to Meet Demand

American Receivable Acquires $50 Million to Meet Demand

American Receivable Corporation announces the acquisition of an additional $50M to meet continuing demand. Jack Stieber, President says, “We attribute much of our recent growth to being named the #1 Factoring Company in the Country by Top 10 Reviews for the last three years consecutively and... - April 17, 2018 - American Receivable Corporation

Survey Shows US Workers Feel Secure About Jobs

American workers are feeling more secure about their jobs, according to a new survey conducted by MoneyExaminers.com. - April 17, 2018 - Money Examiners

Xsolus Heads Crowdfunding Campaign: Blockchain Services and Product Ecosystem Development

Xsolus Heads Crowdfunding Campaign: Blockchain Services and Product Ecosystem Development

Xsolus, a blockchain solutions company, offers its cryptocurrency crowdfunding campaign beginning May 1, 2018 at 15:00 GMT. The campaign is set to run for 4 weeks until May 29, 2018, or until all coins are sold out. The crowdfunding campaign aims to provide an opportunity for potential partners,... - April 16, 2018 - Xsolus Inc.

Information.com Launches Comprehensive Products Section

Information.com Launches Comprehensive Products Section

In order to allow people to enjoy quality products that are sold by legitimate online vendors, information.com has set up a comprehensive Products section with items from various categories. - April 16, 2018 - Yolotech Media Group Ltd.

Mars Bank Adds Schoen to Head Risk Management Department

Mars Bank added Mark R. Schoen as Senior Vice President, Risk Management. Schoen has over 30 years of experience in banking, financial management, risk and compliance. He will manage Mars Bank’s risk management department and oversee risk, compliance and internal audit functions. “We... - April 14, 2018 - Mars Bank

SonoCoin is Pleased to Announce Its New Website Interface

SonoCoin is proud to announce the new and improved website design. Their team of developers have made significant improvements to the layout and aesthetics. Improvements include the 2018 technical roadmap and addition of new website pages. Please find below a brief description of the newly added... - April 13, 2018 - SonoCoin

Mark Baker at Cardinal Financial Company L.P. Shares Insights on Las Vegas Home Values

Mark Baker, a 22-year Mortgage Loan Originator in Las Vegas Nevada, shares his thoughts on interest rates, Las Vegas home values, and if Investors are contributing to another upcoming crash. - April 13, 2018 - The Mark Baker Team - Cardinal Financial Company L.P

United Capital Partners Places a $1MM Lease Line of Credit for Digital Publisher Customer

Customer needed equipment and build out financing to complete a new build out facility as part of their growth. United was able to place and close the $1MM equipment lease line with a strategic equipment lease finance investor. - April 13, 2018 - United Capital Partners

United Capital Partners Successfully Places $2MM Revolving Line of Credit for a Human Resources Entity

Growing human resources customer in need of a growth capital revolving line of credit closes on a $2MM debt facility. - April 13, 2018 - United Capital Partners

United Capital Partners Places $165,000.00 Equipment Lease for a Pre-Revenue Customer

A real estate developer in need of equipment financing closes on $165,00.00 equipment lease to install fixtures into the development to complete the project build. - April 13, 2018 - United Capital Partners

Mogean Among Startups to Showcase at First Ever Next Gen Park

Mogean selected as one of 16 Startups to Showcase at Next Gen Park at TRANSACT, April 17-19 in Las Vegas. - April 12, 2018 - Mogean

Partner Colorado Named in 2018 "Top 200 Banks & Credit Unions in the U.S."

Partner Colorado Credit Union is named among the healthiest financial institutions in the nation, according to a Lending Tree report titled, “2018 Top 200 Credit Unions and Banks in the US,” and is ranked in the top six credit unions in Colorado. To compile the report, Lending Tree... - April 11, 2018 - Partner Colorado Credit Union

Xsolus to Launch Bull Bear Exchange (BULLBEAREX): Decentralized Cryptocurrency Exchange Platform

Xsolus to Launch Bull Bear Exchange (BULLBEAREX): Decentralized Cryptocurrency Exchange Platform

Blockchain solutions company Xsolus is set to launch Bull Bear Exchange (BULLBEAREX), a hybrid decentralized cryptocurrency exchange platform, some time in 2018. BULLBEAREX leverages the advantages of a decentralized exchange platform on a public blockchain powered by Coin Of The Realm (COTR). - April 10, 2018 - Xsolus Inc.

Maria Luisa Badani, EA Honored as a Professional of the Year for Two Consecutive Years by Strathmore's Who's Who Worldwide Publication

Maria Luisa Badani, EA of Flushing, New York has been honored as a Professional of the Year for two consecutive years, 2017 and 2018, by Strathmore’s Who’s Who Worldwide for her outstanding contributions and achievements in the field of accounting. About Maria Luisa Badani, EA Ms. - April 10, 2018 - Strathmore Worldwide

Xirkle (XIR) Announces  1,000,000 Crypto Coins Airdrop for Bitcoin (BTC) Holders

Xirkle (XIR) Announces  1,000,000 Crypto Coins Airdrop for Bitcoin (BTC) Holders

According to a 2016–2017 Baymard Institute study, 69% of online customers didn’t checkout their orders. The most common reasons are shopping cart complexity, extra high fees for deliveries, and tedious requirements to create a new account. To ensure a fast, cost-effective, and trustless... - April 04, 2018 - Xirkle

Xsolus to Launch Coin Of The Realm (COTR): Open-Source Blockchain Platform for Decentralized Blockchain Application Development

Xsolus to Launch Coin Of The Realm (COTR): Open-Source Blockchain Platform for Decentralized Blockchain Application Development

Blockchain solutions company, Xsolus has developed Coin Of The Realm (COTR), an open-source platform that enables communities and organizations to create cryptocurrency coins instantly on their own dedicated public decentralized ledger with a new approach to consensus. It also allows developers to... - April 04, 2018 - Xsolus Inc.

Save the Date! 1st Annual Financial Freedom Day, April 28, 2018 - Free Community Event Offers Financial Education for Various Age Groups

Save the Date! 1st Annual Financial Freedom Day, April 28, 2018 - Free Community Event Offers Financial Education for Various Age Groups

Financial Freedom Day is an annual day-long financial education event during National Financial Literacy Month. - April 04, 2018 - Elise Financial Services

18 Area Students Awarded Scholarships by SAFE Federal Credit Union

Midlands credit union gives out $18,000 in scholarships to high school seniors. - April 04, 2018 - SAFE Federal Credit Union

Texas Trust Credit Union Completes Merger with Qualtrust

Result is a $1.2 billion credit union serving more than 114,000 members. - April 04, 2018 - Texas Trust Credit Union

Free Demo of The Academy, the Leading Course for Mastering Stocks, Released by Peter Leeds

Free Demo of The Academy, the Leading Course for Mastering Stocks, Released by Peter Leeds

World-renowned investment guru Peter Leeds is proud to announce the launch of the free demo of the Peter Leeds Academy - an intensive online course aimed at helping investors to master the volatile world of stocks. - April 03, 2018 - Modern Strategies, Inc.

Horizon Health Fund Goes Live at Health First

Horizon Health Fund Goes Live at Health First

New Patient Financing Option to be Offered to Health First Patients - April 03, 2018 - Horizon Health Fund

5th African Islamic Finance Summit to be Held in Tanzania

It will help bringing forward digital financial services solutions and financial inclusion: Muh. Zubair Mughal, CEO, AlHuda CIBE. - March 31, 2018 - AlHuda Centre of Islamic Banking & Economics

XYO Network Joins the Enterprise Ethereum Alliance

XYO Network Joins the Enterprise Ethereum Alliance

Blockchain leader in crypto-location technology strengthens framework and alliances - March 29, 2018 - XYO Network

Paul Hynek Joins XYO Network as Board Advisor for Smart Cities

Paul Hynek Joins XYO Network as Board Advisor for Smart Cities

XYO Network, an industry leader in crypto-location technology, today announced that Paul Hynek has joined the firm’s advisory board. He will focus on providing input and guidance for technologies that will meet the demand and growing interest in developing Smart Cities projects around the... - March 29, 2018 - XYO Network

Guidance Residential Launches New Website to Simplify Islamic Home Financing for U.S. Consumers

Guidance Residential Launches New Website to Simplify Islamic Home Financing for U.S. Consumers

The new and completely redesigned website serves as a one-stop hub to facilitate home financing process from planning to closing - March 29, 2018 - Guidance Residential

Announcing Databook & SpringRole Partnership

Announcing Databook & SpringRole Partnership

Databook and SpringRole are announcing a partnership. Databook is a blockchain company that empowers consumers to control and monetize their data. SpringRole is a decentralized protocol for attestations of professional profiles. Together Databook and SpringRole users will be able to control and monetize their professional and personal data. - March 28, 2018 - Databook

AMOCO Federal Credit Union Moves Its ATMs to Dolphin Debit, Easing Management Burden

Managing 14 ATMs is one job that Ashley Carner, Chief Operations Officer at AMOCO Federal Credit Union in Texas, is glad to be rid of now that the credit union has partnered with Dolphin Debit, the full-service ATM management company. AMOCO FCU is one of Dolphin Debit’s newest clients. The... - March 28, 2018 - Dolphin Debit

Information.com Launches Comprehensive Finance Section

Information.com Launches Comprehensive Finance Section

In order to help people understand the different financial aspects of their lives, Information.com has launched an extensive Finance section with all the relative topics having to do with money. - March 27, 2018 - Yolotech Media Group Ltd.

Florida Consumer Files Class Action Lawsuit Against Webcollex, LLC d/b/a CKS Financial Alleging Violations of the Fair Debt Collection Practices Act

A Florida consumer has filed a Class Action Lawsuit against Webcollex, LLC d/b/a CKS Financial alleging violations of the Fair Debt Collection Practices Act (FDCPA). Specifically, the Complaint alleges that Webcollex did not provide the Congressionally mandated notice to the Plaintiff and the Class that a portion of the debt being collected by Webcollex could be disputed, which would then invoke certain protections under the FDCPA. - March 27, 2018 - Desmond Law Firm PC

National Debt Relief Program Discusses Today's Debt Help Options

Debt Relief Programs Gaining Steam as the Need for Financial Freedom Increases. - March 27, 2018 - National Debt Relief Program

Overall Engagement Holds Relatively Steady, But 2018 Challenges Rise to the Top; Quantum Workplace Research Reveals Managers Will be the Key to Improving Engagement

Overall Engagement Holds Relatively Steady, But 2018 Challenges Rise to the Top; Quantum Workplace Research Reveals Managers Will be the Key to Improving Engagement

Quantum Workplace, an employee engagement software company dedicated to making work better every day, has released the results of its 2018 Employee Engagement Trends study. Engagement improved slightly between 2016 and 2017, but analysis revealed possible stumbling blocks for the year ahead. Lack... - March 26, 2018 - Quantum Workplace

Humble Agent Receives Five Star Insurance Professional Award

Humble Agent Receives Five Star Insurance Professional Award

Local agent, Chelsey Hall, owner of CLJ Risk Management is a two-time recipient of the Five Star Home/Auto Insurance Professional Award. - March 24, 2018 - CLJ Risk Management

Happy 9th Anniversary Bull Market; Diversifying Your Investments Now May be the Best Way to Survive the Next Bear Market (a 20% Drop) in Stock Prices

Happy 9th Anniversary Bull Market; Diversifying Your Investments Now May be the Best Way to Survive the Next Bear Market (a 20% Drop) in Stock Prices

Vanguard and Goldman Sachs recently predicted that the odds of a "correction" which is a 10% stock market drop, or a "bear market" a 20% drop, are from 70%-88% respectively. Research from 7Twelve Advisors, LLC suggests that a deeply diversified investment portfolio may be an ideal way to absorb a significant stock market shock. - March 22, 2018 - 7Twelve Advisors, LLC

Former Wintrust Executive Named CEO of American Homeowner Preservation

Former Wintrust Executive Named CEO of American Homeowner Preservation

DeAnn O’Donovan Brings 25 Years of Financial Services & Real Estate Experience to Rapidly-Growing Chicago Company. - March 21, 2018 - American Homeowner Preservation

Tech Startup Seeks to Stop ICO Scams

Tech Startup Seeks to Stop ICO Scams

A Silicon Valley startup is introducing a platform next month that will screen for scammers trying to take advantage of some less sophisticated cryptocurrency investors. As of late, the ICO industry has been under great scrutiny from regulators in many countries and is often viewed as a breeding... - March 21, 2018 - BrightCOIN

Growing Shared Workspace Provider Premier Business Centers Expands Footprint in Long Beach

Growing Shared Workspace Provider Premier Business Centers Expands Footprint in Long Beach

Irvine, California based Premier Business Centers® is one of the largest privately owned flexible workspace operators in the U.S. with 90 shared workspace locations. Premier is excited to add Park Tower at 5150 East Pacific Coast Highway, Long Beach, CA 90804 to its portfolio. - March 21, 2018 - SocializeLA.com

Texas Trust Credit Union Member Wins Mastercard Priceless Surprises® Grand Prize

Texas Trust Credit Union member Mike Wisbrock won a grand prize in the Mastercard & Jack Henry & Associates Priceless Surprises® Sweepstake. Wisbrock won a Priceless Surprise of an all-expenses-paid six-day vacation, along with $3,550. The total prize package is valued at $12,250. - March 21, 2018 - Texas Trust Credit Union

XTIVIA, Inc. Acquires Pleasant Valley Business Solutions (PVBS)

XTIVIA, Inc. Acquires Pleasant Valley Business Solutions (PVBS)

XTIVIA, Inc. a leader in Enterprise Information Management today announced the acquisition of privately held PVBS, a Microsoft ERP and financial management solution provider based out of Reston Virginia. PVBS is recognized as the premier and leading Microsoft ERP partner for government contractors. - March 20, 2018 - XTIVIA, Inc.

GoLookUp Now Provides an Unclaimed Money Search Service

GoLookUp Now Provides an Unclaimed Money Search Service

GoLookUp's Unclaimed Money search service will allow users to find money they unknowingly left behind, and also help them find out how to claim it back. - March 19, 2018 - Lucky2Media, LLC

Digital Transformation 2X Faster with Streebo DX Accelerator; Streebo to Launch and Showcase Their Digital Transformation Solutions at Think 2018

Join Saz Malek and Himanshu Shah as they discuss how IBM and Streebo DX Accelerator helped Adarsh Credit Co-op Society effectively roll-out Advisors and Members facing applications in almost no time. - March 16, 2018 - Streebo Inc

First Service Credit Union Offering Fraud and Identity Theft Seminar March 20

First Service Credit Union is hosting an educational seminar March 20 to teach consumers how to avoid becoming a victim of fraud. The free event will address the four most common methods of fraud and identity theft and what consumers can do to protect themselves. It will also explain how to tell... - March 16, 2018 - First Service Credit Union

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