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.
Privacy Technology Leader Aircloak Closes Seed Investment and Receives Approval for GDPR-level Anonymity from French Data Protection Authority
Aircloak Delivers GDPR Compliance Out of the Box. Aircloak, a leader in the field of privacy enhancing technology received a $1.3M equity investment; Solution approved for GDPR compliance by the the French data protection authority and deployed by one of Germany’s largest banking groups. - October 03, 2017 - Aircloak
Legursky Joins Mars Bank as Mortgage Loan Originator
Megan Legursky joined Mars Bank as a Mortgage Loan Originator. Ms. Legursky earned a Finance degree from Marshall University. She will serve customers in the Pittsburgh and northern Allegheny county communities. “We’re pleased to add Megan to our team,” said Shawn Proper, Mars... - September 30, 2017 - Mars Bank
Tony Ward Joins Bank-Genie Pte. Ltd. as Chairman
Mr. Tony Ward, an iconic industry leader in the field of Banking Systems, has joined Bank-Genie Pte. Ltd. as Non-Executive Chairman of the Board. Among his many achievements, Mr. Ward is best known as the founder and designer of what is now known as TCS BaNCS. He has experience over 45 years in Banking systems. He has also extensive experience in corporate governance through previous Directorships in Wealth platforms, Banking software and Bank consulting services. - September 29, 2017 - Bank-Genie Pte Ltd
Resiliency Expert Jenny Evans to “Stress Proof Your Brain” for CA Bankers Association
Jenny Evans will share the best strategies to counteract the negative effects of stress and ideas on how to boost brainpower and create more positive moods. - September 29, 2017 - Powerhouse Performance
Mars Bank Adds Commercial Lender
Anne Davies joined Mars Bank as Vice President, Commercial Banking. She will serve Mars Bank’s commercial customers focusing on the needs of businesses in Butler and Allegheny counties. “We’re excited to add Anne to our commercial team,” said Mark Drenchko, Mars Bank Senior... - September 27, 2017 - Mars Bank
Seylan Bank Introduces "Seylan Income Saver" - A Novel Proposition for Corporates and Employees
Reiterating its commitment in adding value to the citizens of Sri Lanka, Seylan Bank introduced the ‘Seylan Income Saver’, a novel proposition devised for corporates and employees to offer a wide array of benefits for savings account holders and their fixed incomes. Seylan Income Saver... - September 27, 2017 - Seylan Bank PLC
Unison Survey Reveals 4 in 10 Americans Find Saving for a Down Payment the Biggest Financial Barrier to Home Ownership
Although 77 Percent Agree Buying a Home is a Good Financial Decision, Data Shows Why Many Do Not Follow Through. - September 25, 2017 - Unison Home Ownership Investors
Thompson-DeWitt Financial Group's New York Advisory Office Jumps Into the Asset-Based Lending Arena
Thompson-DeWitt to add full suite of asset-based funding options to its diverse portfolio of commercial finance options. - September 23, 2017 - Thompson DeWitt Financial Group
Fifty Best Credit Card Processors Named by topcreditcardprocessorsratings.com for September 2017
The independent authority on merchant services, topcreditcardprocessorsratings.com, has named their list of the fifty best credit card processing companies for the month of September 2017. The rankings are updated on a monthly basis taking into consideration new developments and achievements... - September 22, 2017 - topseos.com
Thirty Best Merchant Cash Advance Companies Named by topcreditcardprocessorsratings.com for September 2017
The independent authority on merchant services, topcreditcardprocessorsratings.com, has named their list of the thirty best merchant cash advance companies for the month of September 2017. The rankings are released each month to include the latest developments and achievements of leading and top... - September 22, 2017 - topseos.com
TalkAboutIT Brings a New Level of Precision to Text Analytics
Fortune 500 Text Analytics Professionals Create a New Text Analytics Platform - September 21, 2017 - GemSeek
CTM360 Named Best Managed Detection and Response Service Provider Winner
CTM360, an innovator in the cyber security industry, announced it received the Best Managed Detection and Response Service Provider award for the company's accomplishments in security for cyberspace. The award was presented at the Security Advisor Awards at the Habtoor Grand Hotel in Dubai (UAE) on... - September 21, 2017 - CTM360
Dolphin Debit Now Manages All ATMs for Five Southeast Region Credit Unions
Five credit unions in the Southeast now have all of their ATMs under the management of Dolphin Debit, the full-service ATM management company. The five credit unions range in size up to $116.8 million in assets, and three are in the CUliance ATM Cinch program, powered by Dolphin Debit. The credit... - September 21, 2017 - Dolphin Debit
Alumni, Kevin and Lisa Crichton Pledge a Generous Donation to Rowan University for New Roher College of Business
Alumni, Kevin Alexander Crichton along with wife, Lisa Renee Williams Crichton were honored by Rowan University for their vital support and generous pledge which will in part, helped fund the new four-story, 98,300 square-foot academic building dedicated solely to the business school that will... - September 18, 2017 - E Mortgage Management
MeritKapital Expands Emerging Markets Bonds Team
Meritkapital Ltd (#77/06) is very pleased to announce a valuable new member of the firm's Emerging Market Sales & Trading team. Nathalia Ermolitskaya has more than 20 years experience in the Russian and CIS capital markets industry. Highlights of her career include the buildout of the fixed... - September 16, 2017 - MeritKapital Ltd
NominoData and Expert Systems Extend Partnership for Cognitive Computing Services. Partnership Will be Featured at ACAMS Conference in Las Vegas.
Expert System and NominoData are announcing a strategic partnership for anti-money laundering activities for financial institutions. The collaboration of Expert System’s Cogito and NominoData’s Negative News, Sanctions and PEPS information enhances the pool of intelligence data resulting in complete results for financial institutions looking to dramatically increase their insights into KYC & AML activities. The partnership will be featured at the ACAMS conference in Las Vegas. - September 15, 2017 - NominoData LLC
Singapore Based Prestellar Ventures Invests in Third Wave Power, a Renewable Energy Based Smart Solutions Provider in Solar and IOT
Prestellar Ventures, a USD 100 million Singapore based venture capital fund, backed by Mr. HP Singh (Chairman-MD of India’s 3rd largest listed micro finance giant Satin Creditcare), Atim Kabra (Founder, Frontline Strategy Group), Nepalese Forbes listed Billionaire Mr. Binod Chaudhary and N.E... - September 14, 2017 - Prestellar Ventures Fund I Pte. Ltd.
AmeriFirst Financial, Inc. Announces New Branch in Denver
AmeriFirst Financial, Inc., a trusted provider of mortgage loans for over 25 years, announced the opening of a new branch in Denver, Colorado. This new location provides unparalleled customer service and quality mortgage products to homebuyers in the metro Denver region. - September 14, 2017 - AmeriFirst Financial, Inc.
Texas Trust Gives Away $2,500 to UTA Students in Snapchat Contest
Five University of Texas at Arlington (UTA) students won a total of $2,500 from Texas Trust Credit Union during the credit union’s “I Want Free Stuff” Snapchat photo contest. The promotion gave UTA students a chance to win $500 each by taking a creative selfie. Using Snapchat,... - September 13, 2017 - Texas Trust Credit Union
CU Texting Announces a Partnership with Quiq to Bring Business Messaging to Credit Unions
CU Texting, an SMS vendor sourcing firm for Credit Unions, today announced a new partnership with Quiq, provider of business messaging software for customer service organizations. “In the Banking sector, the only way for Credit Unions to compete is through the member experience they deliver. - September 13, 2017 - CU Texting
Trinity Street Capital Partners Announces the Origination of a High Leverage, Non-Recourse, Hotel Loan and Preferred Equity Investment
Trinity Street Capital Partners (TSCP), a full service real estate investment bank, announces the origination of a $37MM first mortgage and $9MM of preferred equity on a portfolio of limited service hotels in Dallas, TX. - September 12, 2017 - Trinity Street Capital Partners
PaperTradeContest.us Offer Limited Time Free Membership and Contest Prices
Paper Trade Contest (PTC-papertradecontest.us) is a website/online cloud service to record client's gains/losses on each individual stock in a client's account and act as a log book for a client's trading history. After registration, a client's account will be available immediately to use. For a limited time period, those whose account show up in the top 5 trader list will receive a small hand made jade bull pendant as a token of achievement. - September 12, 2017 - Paper Trade Contest
Coin Clarity is Turning Cryptocurrency Novices Into Experts at a Rapid Pace
Coin Clarity is bringing clarity to an industry that desperately needs it. Coinclarity.com is a cryptocurrency-related resource collection that aims to provide its visitors with a basic background necessary to get started in anything blockchain-related. - September 11, 2017 - Coin Clarity
BDA and Development Bank of Japan Form Strategic Partnership
BDA Partners, a leader in cross-border investment banking involving Asia, has formed a strategic partnership with Development Bank of Japan (DBJ). As part of the agreement, DBJ has made a growth capital investment into BDA, resulting in DBJ owning 5% of BDA's enlarged equity. The two firms will... - September 08, 2017 - BDA Partners Ltd
Ferol W. Hettick Honored as a Top Executive for Four Consecutive Years by Strathmore's Who's Who Worldwide Publication
Ferol W. Hettick of Jackson, Mississippi has been honored as a Top Executive for four consecutive years, 2014-2017, by Strathmore’s Who’s Who Worldwide for his outstanding achievements and high level of success for over 40 years in the financial field. About Ferol W. Hettick Mr. - September 07, 2017 - Strathmore Worldwide
Thomas Hatton Appointed New President and CEO at The MSR Group
The MSR Group announced the appointment of Thomas Hatton as new President and CEO. He assumed responsibilities on September 1st and will succeed Richard Worick, who will become Chairman and Founder. As President and CEO, Hatton will direct all facets of the business – including business... - September 05, 2017 - MSR Group
American Receivable Corporation - Special Rates for Houston
American Receivable Corporation is now offering special rates for Houston. American Receivable is Texas Proud and is currently offering special rates to businesses in Houston needing capital to recover from Hurricane Harvey. While there is so much that still needs to be done, some of these... - September 05, 2017 - American Receivable Corporation
Sound Payments Introduces Quantum Solutions in the Payments and Financial Industries
Quantum ISV and Cloud Solutions Means Better Tools for Decision-Making and Increasing Revenue - September 05, 2017 - Sound Payments
USLegal.com Provides Resource Center to Assist Victims of Hurricane Harvey
Online tools are available to help people get their legal affairs in order and to better address legal matters in the aftermath of the storm. - September 02, 2017 - USLegal, Inc.
New Index, Radly Bates Index, Indicates a Fall in Entrepreneurial Activity the United States in July 2017
The founders of S7 Group, a private investment company based in California, Adam Radly and Bob Bates have launched a new index designed to track entrepreneurial activity in the United States. The Radly Bates Index (“RBI”) measures the percentage of the active workforce that is self... - September 01, 2017 - S7 Group
Bay Mountain Capital Introduces Extended Term Rental Property Financing
Bay Mountain Capital, a direct lender providing short term financing to real estate investors since 2008, is expanding its product line to include extended term financing for rental properties. Dean Lontos, Bay Mountain managing partner explained, “We are addressing a growing need in the... - August 31, 2017 - Bay Mountain Capital
Group Benefit Services, Inc. Earns Inc. 5000 Designation
Inc. 5000 has ranked Group Benefit Services, Inc. (GBS) in the top 50% on their list of “America’s Fastest-Growing Privately Held Companies.” - August 30, 2017 - Group Benefit Services, Inc.
As U.S. Student Loan Debt Reaches Trillions, Millennials Share Burden with Baby Boomers
ABC10 recently featured Coach, Trainer and Speaker Dr. Aimée V. Sanchez from California in both a published article and aired segment on the impact of the student loan crisis upon Millenials, Communities, and College Graduates in the U.S. and California. - August 30, 2017 - Aimee V. Sanchez, Ph.D.
Brown & Campbell Announces New Managing Partner
Brown & Campbell, Certified Public Accountants, has announced that Kurtis Campbell, CPA is the firm's new Managing Partner. Campbell joined the firm in 1999 and became partners with Alan Brown on January 1, 2009. "I am very pleased for Kurtis to take the next step in his career and become... - August 30, 2017 - Brown & Campbell CPA's
Mining Rigs from Hminers Offering Up to 650 TH/s Hash Power for Bitcoin Mining
Hminers is now creating waves in the global cryptocurrency market with their powerful mining rigs that are capable of delivering hash powers up to 650 TH/s of hash power for bitcoin mining. Offering guaranteed return on investment within a month, these mining rigs can also be used for mining Litecoin, Ethereum, or Dash. - August 30, 2017 - HMiners Technologies Inc.
Life.io Announces Partnership with University of Connecticut's School of Business' Center for the Advancement of Business Analytics
The vision at Life.io is to merge the best of technology with the best of science, creating a world that helps policyholders live well, and carriers do more. Life.io is proud to announce their partnership with the University of Connecticut's Business' Center for the Advancement of Business Analytics, conducting research on big data and how it will change the course of customer engagement for the life insurance industry. - August 29, 2017 - Life.io
BDA Advises UQM Technologies on Equity Issue & JV with China National Heavy Duty Truck/Sinotruk
BDA is pleased to announce that its client, UQM Technologies Inc (NYSE MKT: UQM) has entered into a definitive stock purchase agreement (“Agreement”) with China National Heavy Duty Truck Group Co Ltd through its wholly owned subsidiary, Sinotruk (BVI) Ltd (collectively,... - August 29, 2017 - BDA Partners Ltd
Fifty Best Credit Card Processing Companies Named by topcreditcardprocessorsratings.com for August 2017
topcreditcardprocessorsratings.com announces the fifty best credit card processing companies for the month of August 2017. - August 29, 2017 - topseos.com
Solidiance Published a New Research About Digital Banking in Indonesia
Driven by the availability of affordable smartphones and access to mobile internet, Indonesia’s internet penetration is expected to boom at a CAGR of 8% from 2015 – 2020. With customer behavior rapidly shifting across generations, the customer’s banking journey will no longer be linear and innovation continuously changes every aspect of the value chain. - August 29, 2017 - YCP Solidiance
Fintech Startup, SavR, Launches Kickstarter Campaign to Tackle Big Problem Head On
Australain FinTech aims to help 130 Million people save. - August 26, 2017 - SavR Inc
Queripel Partners II LP Takes a Strategic Equity Stake in the Think Digital Group Ltd.
Queripel Partners II LP has taken a strategic equity stake (36%) in the Think Digital Group Ltd, the UK holding company for Asset TV, to support the company's global expansion strategy. - August 26, 2017 - Asset TV
Users Recommend Hminers Mining Rigs for Fast and Guaranteed ROI
Hminers, a trusted manufacturer of cryptocurrency mining products, has recently hit the headlines with their three multi-algorithm mining rigs. Numerous users have already recommended these products for a guaranteed return on investment within less than a month. - August 25, 2017 - HMiners Technologies Inc.
NominoData Announces Release of JSON Data Exchange Format for Their Historic Negative News/Adverse Media
NominoData announces release of JSON data exchange format for their Historic Negative News/Adverse Media. JSON (JavaScript Object Notation) is a lightweight data-interchange format. It is easy for machines to parse and generate. With JSON, the speed that partners can integrate services will be greatly accelerated. - August 25, 2017 - NominoData LLC
AICoin Cryptocurrency Initial Coin Offering Nearing Successful End of Offering Period
AICoin (www.aicoin.io), a new style of investment collective that combines the power of artificial intelligence with the wisdom of the crowd, is nearing the successful close of the ICO subscription. The six-week subscription period began in mid-July and will end this coming Monday, August 28th, 2017. The ICO is sponsored by First Global Credit, a premier cryptocurrency capital markets company that has generated a great deal of interest with a more serious class of ICO subscriber. - August 24, 2017 - First Global Credit Ltd.
Real Estate Investment Firm Direct Source Wealth Tackles a 50 Million Dollar Hurdle to Satisfy Investor Demand
Direct Source Wealth acquires 50 million in assets in 24 months for investors. - August 24, 2017 - Direct Source Wealth
GBS Appoints Michael “Mike” Calhoon as New Regional Marketing Director
Group Benefit Services, Inc. (GBS) has appointed Michael “Mike” Calhoon as its newest Regional Marketing Director (RMD) to accommodate the increased demand for GBS programs. Mike Calhoon joins GBS with nearly 33 years of experience in the employee benefits industry, having worked... - August 23, 2017 - Group Benefit Services, Inc.
New Cryptocurrency Mining Rigs from Hminers Receive Positive Feedback from Users
Three recently launched cryptocurrency mining rigs from Hminers have now started receiving an encouraging response from the earliest users. These multi algorithm mining rigs were designed by the company to deliver a higher hash rate with minimum power consumption. - August 22, 2017 - HMiners Technologies Inc.
Teleperformance to Host National Hiring Day Across Their USA Locations
Career Opportunities for Over 1,000 People - August 21, 2017 - Teleperformance
Hminers Disrupts the Cryptocurrency Market with Powerful, Multi-Algorithm Mining Rigs
Hminers continues to hit the headlines in the rapidly expanding global market for cryptocurrency. The Miami-based company has recently introduced three extremely powerful, multi-algorithm mining rigs that have been designed to provide maximum hash rate with minimum power consumption. - August 17, 2017 - HMiners Technologies Inc.
Private Bank of Buckhead & Decatur Adds Shanita Hall as New Treasury Management Officer
Private Bank of Buckhead, a division of National Bank of Commerce, which also includes Private Bank of Decatur and PrivatePlus Mortgage, has named Shanita Hall, CTP, as Vice President and Treasury Management Sales Officer. www.PrivateBankOfBuckhead.com - August 17, 2017 - Private Bank of Buckhead