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.
NACA Announces Philadelphia "Achieve the Dream" Home Ownership Event
Major Event to Help Low to Moderate Income Home Buyers June 21 – June 25 - June 15, 2018 - NACA
Texas Trust Credit Union Awards MISD Seniors $4,000 Scholarships
Two Mansfield ISD graduating seniors have received $4,000 each in college scholarships from Texas Trust Credit Union. Bailey Downing from Mansfield High School was awarded the Texas Trust Bill Hallmark Scholarship for Engineering. Ashley Owen from Legacy High School received the Rita Hamner Fine... - June 13, 2018 - Texas Trust Credit Union
iHELP Student Loans Offers New Borrower Options
iHELP has added a new loan option for both private student loans and student loan consolidation. The fixed hybrid rate (FX5) is a 20 year term loan with the interest rate fixed for every 5 years. Additionally, iHELP borrowers are now eligible to receive a 0.25% Auto Pay Interest Rate Discount for payments made via automatic debit. - June 12, 2018 - iHELP Student Loan/RSLFC
New Canadian Based Crypto Exchange, Correx.io, Takes on the Global Giants
Correx.io is a new cryptocurrency exchanged based in Toronto, Canada. They are licensed in the US as a Money Services Business. Traders have two platforms to trade on, a traditional exchange where makers (sellers) are paid 0.1% for every transaction and a QuickTrade option where dozens of altcoins are available to buy and sell. - June 07, 2018 - Correx International
Texas Trust Credit Union Awards Two AISD Seniors $4,000 Scholarships
Texas Trust Credit Union has awarded $8,000 in college scholarships to two Arlington ISD graduating seniors. Anni Burdgorf, who plans to major in special education at Texas A&M University, is the recipient of the Texas Trust Lamanda Higginbotham Education Scholarship. Hannah Lei received the... - June 07, 2018 - Texas Trust Credit Union
The Launch of a Canadian Accountant Referral Service and Directory - CPALocate.ca - A New Way to Connect with Potential Clients
CPALocate.ca (“CPALocate”) is proud to announce the launch of a Canadian accountant referral service and directory. Consumers and businesses are often looking for specialized accountants, i.e. Chartered Professional Accountants (“CPA”), who can help either their families or... - June 05, 2018 - Minerva Tech
BlueRush and One Touch Video Chat Announce Strategic Partnership
This strategic partnership creates a significant market impact on the mortgage industry and financial advisor "advisor-client" relationship. - June 05, 2018 - One Touch Video Chat
cloudyBoss Unveils COBRA: Blockchain Banking Beyond Crypto
Whilst incredible stories of financial gain and more recently loss, have been attributed to crypto currencies, the real story behind crypto is the need for an overhaul of our banking system. - June 02, 2018 - cloudyBoss Pty Ltd
New Peoples Bank Expands in Princeton, West Virginia: State-of-the-Art Branch Creates New Banking Experience for Private and Commercial Customers
New Peoples Bank announces the opening of its second full-service branch in Princeton, West Virginia. New Peoples Bank is dedicated to delivering a remarkable banking experience through 20 locations and a digital banking operation in Virginia, Tennessee and West Virginia. New Peoples Bank is a wholly-owned subsidiary of New Peoples Bankshares, Inc., a financial holding company headquartered in Honaker, Virginia. - May 31, 2018 - New Peoples Bank
In 2017, Online Mortgage Lead Generation Accounted for Nearly 20% of Total Refinance Originations in the U.S.
In the final analysis of over 7 million Internet generated mortgage leads, iLeads.com® concluded that online consumers drove over $117 billion in loan origination dollars in 2017 and accounted for nearly 20% of total refinance originations in 2017*. For the final report for 2017,... - May 30, 2018 - iLeads
Dgtl Assets Group AB Launches Cryptowisser.com – A New Cryptocurrency Service Comparison Site
Cryptowisser.com’s ambition is to make the crypto market available on equal terms for everyone. With easily understable comparisons of cryptocurrency exchanges, cryptocurrency casinos, cryptocurrency wallets, cryptocurrency debit cards and cryptocurrency merchants, the company hopes to be able to do just that. - May 29, 2018 - Dgtl Assets Group AB
Bay Equity E-Signing Tool Makes Closing Easy
Bay Equity Home Loans rolls out BE Express Closing, its new e-Close platform. BE Express Closing brings e-signing innovation and efficiency to closings for customers, real estate agents and referral partners. - May 26, 2018 - Bay Equity Home Loans
OpenGift and Wealthman Announce Global Anti-Fraud Challenge
Open Source Software (OSS) development platform OpenGift and Wealthman will partner to enhance cybersecurity and fraud protection of OSS. “When it comes to software security, there is no optimal answer,” says London based Wealthman CEO Andrei Huseu. “Open Source Software is... - May 25, 2018 - WealthMan
Meadows Bank Supports Meals on Wheels, a Catholic Charities of Southern Nevada Program in Honor of 10 Year Anniversary
In celebration of its 10 year anniversary, Meadows Bank, a full-service community bank headquartered in Las Vegas, Nevada is giving back to the community through a matching donation program to Meals on Wheels, a Catholic Charities of Southern Nevada program. Throughout the month of April, Meadows... - May 25, 2018 - Meadows Bank
From Seed Funding to the Regulation A+ Offering – The Process of Tying It All Together Explained on the Reg.A Money Show Podcast
Investors are the lifeblood of every Regulation A+ offering. As such, it’s important for every Reg.A+ issuer to understand they need to take steps to continually “sell the dream” and become fundamentally sound in their company structure, procedures, and documentation - and that all begins with the company's Articles of Incorporation and how they are amended. This podcast explains exactly why and how it's properly done. - May 24, 2018 - Reg.A Funding Group
Spencer Savings Bank Receives Financial Capability Innovation Award from EVERFI and The Financial Capability Network
Over the years, Spencer Savings Bank has done just that by providing financial education to local students. As a result, the bank was honored with the 2018 Financial Capability Innovation Award presented by the nation’s leading technology innovator, EVERFI, Inc. The award recognizes Spencer’s significant efforts to improve the financial capability of Americans through unique digital learning initiatives. - May 23, 2018 - Spencer Savings Bank
Texas Trust Credit Union Honors Inaugural Class of Arlington Collegiate High School with $87,000 in Scholarships
The 87 inaugural graduates of the Arlington Collegiate High School have each received a $1,000 scholarship from Texas Trust Credit Union. The students received the scholarships for earning their associate degree while simultaneously earning a high school diploma. Texas Trust awarded the... - May 23, 2018 - Texas Trust Credit Union
Meadows Bank Net Income Pops 43%
Meadows Bank announced that it posted a Net Income after Tax of $3,737,000 in the first quarter of 2018 which is $1,124,000 or 43% higher than its earnings during the first quarter of 2017. While the reduction in the corporate tax rate had a positive impact on the bottom line in 2018, the increase... - May 22, 2018 - Meadows Bank
New Report: More Than 60 Percent of Patients Seeking Proton Therapy Are Initially Denied by Nation's Insurers
Alliance for Proton Therapy Access launches grassroots campaign calling for state insurance commissioners to fix broken insurance process. - May 17, 2018 - Alliance for Proton Therapy Access
Mars Bank Promotes Officers
Mars Bank promotes 3 Officers. - May 17, 2018 - Mars Bank
SAFE Federal Credit Union Names New Managers at Three Branches
SAFE Federal Credit Union, the largest credit union based in the Midlands, has named new managers at three branches in Sumter and Lugoff. All of the new branch managers were promoted from within SAFE, to replace managers who had been promoted to other roles. The new managers are: - Tammy Avins,... - May 16, 2018 - SAFE Federal Credit Union
MessageSolution Presents Community Banks and Financial Organizations with Compliance Management Archiving and eDiscovery Solutions at FIS Global InfoShare 2018
For the past seven years, the Fidelity Information Service (FIS) Global has hosted MessageSolution’s award-winning advanced information archiving and electronic discovery platform for its global clients. Through this partnership, FIS Global delivers compliance archiving, eDiscovery and storage management for its financial and banking customers to achieve compliance mandates and legal discovery implementations. - May 15, 2018 - MazeArt Fondation
Procurement & Finance Solutions Provider Acquires Leading Strategic Sourcing Consulting Firm
Corcentric, a top provider of automation solutions for Procurement and Finance, has acquired Source One Management Services, LLC, an industry-recognized strategic sourcing and procurement services provider. Since 1996, Corcentric’s procurement, accounts payable, and accounts receivable... - May 15, 2018 - Source One, a Corcentric Company
Magnolia FCU Opts for Dolphin Debit After Hearing Rave Reviews
For Magnolia Federal Credit Union, the decision to move its ATM fleet to Dolphin Debit, the full-service ATM management company, was based on rave reviews from other Dolphin Debit clients. Now Magnolia is giving its own outstanding reviews. Magnolia FCU, in Jackson, Mississippi, has 23,000 members... - May 15, 2018 - Dolphin Debit
SonoCoin Announces Appointment of Prask Sutton as Specialist Advisor
SonoCoin is pleased to announce that Prask Sutton has officially been appointed as a non-executive advisor to the SonoCoin team. Prask’s considerable experience and expertise in data-over-audio and business development will allow him to advise and support regarding the commercialization of... - May 09, 2018 - SonoCoin
Benchmark Mortgages Joins the Compass Mortgage Group and the Tango Group of Companies.
Benchmark Mortgages Inc., based in Edmonton, Alberta joins the Compass Mortgage Group and the Tango Group of Companies. - May 09, 2018 - Benchmark Mortgages Inc.
Georgia Bankers Association Endorses BankMarketingCenter.com
The Georgia Bankers Association (GBA), through its subsidiary, GBA Services Inc., announces the endorsement of Georgia-based BankMarketingCenter.com (BMC) as a GBA Strategic Partner. BankMarketingCenter.com is a web-based marketing portal that empowers banks to quickly and easily produce... - May 09, 2018 - Georgia Bankers Association
Calling All High School Athletes in San Diego County - Increase Your Chances for Scholarships to 70% and Avoid College Debt by Attending This Free Workshop
Announcing college sport scholarship recruiting event for high school student athletes Sat., May 26 at Del Mar Fairgrounds. A bonus event will be a casting call for high school athletes for a pilot reality show. - May 08, 2018 - College Coaches Connection
Cryptocurrency Regulations, Mining, Blockchain and Business – Blockchain & Bitcoin Conference Australia Will Explore Important Topics
On May 29, Smile-Expo will introduce Blockchain & Bitcoin Conference Australia, an important event covering decentralized environment issues. Sydney Blockchain conference will be joined by main experts in the field of digital currencies and public ledger technology. There is no clear... - May 05, 2018 - Smile Expo
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
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
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
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, 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 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 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, 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
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 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
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
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