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.
First Service Credit Union Plans Special Events for City of Katy’s Waffle Week Aug. 21-25
Free, fresh-made waffles will be delivered to educators and first responders - August 16, 2017 - First Service Credit Union
One Click Compliance from NominoData to be Featured at ACAMS Conference in Las Vegas September 24-27, 2017; Due Diligence Tool Benefits ACAMS Members
NominoData's One Click Compliance due diligence solution will be featured at the ACAMS Financial Crimes Conference in Las Vegas on Sept. 24-27, 2017. One Click Compliance benefits FI's by enabling investigators to obtain intelligence information pertaining to Sanctions, Negative News, PEPS, Corporate Beneficial Position &Registrations, Panama Papers /Wikileaks, Exchange Enforcement. Includes automated audit trail and case management. This tool is critical for ACAMS members. - August 16, 2017 - NominoData LLC
PrivatePlus Mortgage Continues Growth with Addition of Craig Burnham
Craig Burnham joins Atlanta-based national mortgage organization PrivatePlus as a Home Loan Specialist. www.PrivatePlusMortgage.com - August 15, 2017 - PrivatePlus Mortgage
PrivatePlus Mortgage Continues Growth with Addition of Austin Gilliam
Austin Gilliam joins Atlanta-based national mortgage organization PrivatePlus as a Home Loan Specialist. www.PrivatePlusMortgage.com - August 15, 2017 - PrivatePlus Mortgage
"Maximize Value In Your Customer’s Bankruptcy" Concurrent Breakout Session at This Year's WCA Conference
Led by Christopher M. Cahill, Head of Bankruptcy and Restructuring Group, Lowis & Gellen, LLP - August 14, 2017 - WCA/BCMA
Richard Shelor Joins Atlanta-Based National Mortgage Organization, PrivatePlus
PrivatePlus Mortgage, a division of National Bank of Commerce, has named Richard Shelor a Mortgage Banker. www.PrivatePlusMortgage.com - August 11, 2017 - PrivatePlus Mortgage
Join WCA and "Where Have We Been...Where Are We Now...Where Are We Going...?" A Discussion with the Credit Research Foundation and Its President, Bill Balduino
General Opening Session at 9:00 AM September 13, 2017 - August 10, 2017 - WCA/BCMA
Meadows Bank 2Q 2017 Earnings
Meadows Bank, headquartered in Las Vegas, Nevada announced today that it posted Net Income After Tax of $5,625,000 in the first half of 2017 which was 41% higher than the $4,003,000 it earned during the same period in 2016. "The increase in our bottom line was due to Net interest income in the... - August 09, 2017 - Meadows Bank
Equiant Names Ericka Schwarm as Director of Client Development
Loan servicing and technology company adds to staff in wake of explosive growth. - August 09, 2017 - Equiant
BDA Advises OEP Turkey Tech on Sale of Netas Telekomunikasyon to ZTE
BDA Partners ("BDA") is pleased to announce that its client, OEP Turkey Tech B.V., an investment managed by One Equity Partners ("OEP"), has sold its 48.08% equity stake in Netas Telekomunikasyon AS ("Netas"), to ZTE Corp ("ZTE"), a Chinese multinational... - August 08, 2017 - BDA Partners Ltd
SAFE Federal Credit Union Hits Record $79.4 Million in Auto Loan Campaign
SAFE Federal Credit Union set an auto loan record of $79.4 million during its spring 2017 “Driving You Forward” promotion, generating more than 3,000 loans and adding nearly 2,000 new members. An impressive $50 million of the total loan volume was in the form of indirect (auto... - August 03, 2017 - SAFE Federal Credit Union
Chloeta Introduces Innovative Wildfire Loss Prevention Strategies for Insurers
Wildfires cause approximately $2.2 billion in losses annually to the insurance industry. Chloeta is employing proven strategies to limit the number of claims experienced by property casualty underwriters. These wildfire loss prevention and risk mitigation services are available nationally to insurers. - August 02, 2017 - Chloeta
Zakiyyah Logan Joins PrivatePlus Mortgage
Zakiyyah Logan joins Atlanta-based national mortgage organization as Processing Manager. www.PrivatePlusMortgage.com - August 01, 2017 - PrivatePlus Mortgage
Sciullo Joins Mars Bank
Wendy Sciullo joined Mars Bank as Assistant Vice President, Manager, Penn Township Banking Center. Ms. Sciullo has 15 years of experience in the financial industry. She will serve customers in the Butler area focusing on consumer and small business relationships. “Wendy brings expertise as a... - August 01, 2017 - Mars Bank
Rising Stars of Canada’s Mortgage Industry Revealed
55 young men and women have been recognized among the country’s top mortgage professionals. - July 29, 2017 - Key Media
Patricia F. Raskob, EA, CFP, ATA Recognized as a VIP Member by Strathmore's Who's Who Worldwide Publication
Patricia F. Raskob, EA, CFP, ATA of Tucson, Arizona has been honored with early admission into Strathmore’s Who’s Who Worldwide Edition’s VIP Membership for 2018 due to her outstanding achievements and high level of success for 40 years in the field of finance. About Patricia F. - July 28, 2017 - Strathmore Worldwide
A R Foundation Introduces the First Blockchain Asset Backed by Water Rights
The A R Foundation LLC has announced the launch of the AQUA Rights platform. The first water rights backed asset utilizing Blockchain technology. The foundation will utilize Ethereum's Smart Contracts technology to create less volatile asset backed tokens. Thus creating a new digital asset backed... - July 27, 2017 - A R Foundation
FinTech Payments Corp Selected for Startup Pitch at Money20/20
FinTech Payments Corp was chosen from Hundreds of Applicants as One of the Most Innovative and Relevant Startups in FinTech. The company, which has a patent-pending software to upgrade payments processing using data analytics and machine learning, will appear on stage as one of an elite group selected to present at the prestigious conference, which is attended by over 11,000 people in October. - July 27, 2017 - FinTech Payments Corp
SAFE Federal Credit Union Names Three Assistant VPs to Oversee Branches
Three AVPs have been named to oversee SAFE FCU's 19 branches. - July 26, 2017 - SAFE Federal Credit Union
Bill Bent Joins AmeriFirst Financial, Inc. as Chief Strategy Adviser
AmeriFirst Financial, Inc. a trusted provider of mortgage loans for over 25 years, announced today that Bill Bent has joined its staff in a newly created position, as Chief Strategy Adviser. Bent is responsible for providing guidance on strategic growth initiatives and recruitment... - July 25, 2017 - AmeriFirst Financial, Inc.
Melissa Miller Joins PrivatePlus Mortgage
PrivatePlus Mortgage, a division of National Bank of Commerce, has named Melissa Miller a Loan Officer Assistant. She's part of the team opening PrivatePlus' new North Atlanta office in Alpharetta. - July 25, 2017 - PrivatePlus Mortgage
New Canadian Service BillCrush.ca Promises to Lower Monthly Bills
A new Calgary-based start-up has created the first online service for Albertan’s wanting to lower their monthly bills like utilities, cell phones and internet during these challenging financial times. “It’s really exciting because by shopping around, the savings are significant... - July 25, 2017 - BillCrush.ca
3 MassMutual Greater Houston Agents Earn Professional Designation in Family Business Planning
Three financial services professionals with MassMutual Greater Houston – a general agency of Massachusetts Mutual Life Insurance Company (MassMutual) – have earned the Certified Family Business Specialist (CFBS) designation. MassMutual Greater Houston Midtown shows commitment to business owners and their planning needs through continuing professional education. - July 25, 2017 - MassMutual Greater Houston
Patrick Quinn Joins Atlanta-Based National Mortgage Organization, PrivatePlus
Patrick Quinn joins Atlanta-based PrivatePlus Mortgage, spearheading a new North Atlanta office. - July 24, 2017 - PrivatePlus Mortgage
New Casinos 2017: Sloty Launch with Superior Bonuses
Sloty stands out as one of the top new casinos 2017 with over five recurring bonuses every week and a fantastic web design. Sloty is a site created by the group behind successful Spinit and Casino Cruise. Learn more about their superior bonuses and website below. - July 23, 2017 - New Casinos Ltd.
Anti-Money Laundering Summit Set for Denver Fed
The August 1 Bank Secrecy Act / Anti-Money Laundering Mile High Summit at the Federal Reserve Bank of Kansas City, Denver Branch, will provide attendees with comprehensive information about BSA/AML and will feature expert speakers and panelists from government, industry, legal, and law enforcement. - July 23, 2017 - Otteson Shapiro LLP
Marketforce to Host MoneyLIVE: The Future of Retail Banking on 28th & 29th November in London
The UK’s leading retail banking conference. - July 22, 2017 - Marketforce
Marketforce to Host MoneyLIVE: Private Banking & Wealth Management on 23rd November in London
Technological advance, developing client demands, structural upheaval and the pressures of regulatory changes continue to buffet the private banking and wealth management industry. - July 22, 2017 - Marketforce
Attivio and ACIS Consulting Announce Partnership to Deliver Next Generation Cognitive Search Solutions in Canada
Strategic partnership formed to jointly deliver business solutions that enable enterprises to maximize value from their data assets for competitive advantage and enhanced employee productivity. - July 21, 2017 - ACIS Consulting Inc.
Marketforce to Host The Blockchain Summit on 31st October in London
Distributed ledger technology remains one of the hottest topics of discussion in the financial services industry. However, the time for talk is over; it is now time to develop, test and kick-start a technological revolution. - July 21, 2017 - Marketforce
eCU Mortgage Names Candace Jones to Key Business Development Position
Mortgage industry veteran joins First Service's eCU Mortgage. - July 19, 2017 - First Service Credit Union
Metro Merchant Services Receives National Recognition as American Small Business Champion by SCORE and Local Recognition for Two More Awards
Local business Metro Merchant Services has been chosen as the winner of two prestigious awards - the SCORE American Small Business Champion and the Superstars in Business Award by the Delaware State Chamber of Commerce. Metro Merchant Services founder and president, Mark Landis, also received the David J Freschman Entrepreneur of the Year Award from the New Castle County Chamber of Commerce. - July 18, 2017 - Metro Merchant Services
Bay Mountain Capital Closes Record $4.4 Million “Hard Money” Loan
Bay Mountain Capital, a direct lender providing short term financing to real estate investors since 2009, recently closed a single loan transaction for $4.4 million. Dean Lontos, Bay Mountain managing partner explained, “This is a record loan size for us and provides evidence that the niche... - July 18, 2017 - Bay Mountain Capital
AmeriFirst Financial, Inc. and First Rate Team Join Forces
AmeriFirst Financial, Inc., a trusted provider of mortgage loans for over 25 years, and First Rate Financial Group, a leading lender in Westlake Village, California announce they will join forces. The partnership will combine AmeriFirst Financial Inc.’s unmatched marketing platforms and... - July 17, 2017 - AmeriFirst Financial, Inc.
CU Texting Announces Partnership with MEA Financial Enterprises
CU Texting, an SMS vendor sourcing firm for Credit Unions, today announced a new partnership with MEA Financial Enterprises, developer of Text Concierge. - July 17, 2017 - CU Texting
GSF Mortgage Welcomes Second Branch in Central Ohio
GSF Mortgage Corp. is pleased to announce the addition of a second office in Columbus, Ohio. Leading the branch is of Anthony Lavalle and accompanying him is mortgage loan originator Brandon Lay. Lavalle is a graduate of Ohio State University and he has been in the mortgage industry for more than... - July 15, 2017 - GoGSF
Firm Solutions and assure360 Consolidate to Offer Expanded Law Firm and Mortgage Servicer Solutions
New single company now offers complete technology, outsourcing and consulting solutions as one brand within the a360inc family of companies. - July 13, 2017 - a360inc
BDA Advises CDx Diagnostics on Majority Recapitalization by Galen Partners
BDA Partners is pleased to announce that its client, CDx Diagnostics, has completed a majority recapitalization by Galen Partners, a healthcare-focused growth equity investment firm. CDx is an innovative cancer diagnostics company with a specific focus on detecting the precancerous precursors of... - July 13, 2017 - BDA Partners Ltd
SAFE Federal Credit Union’s Toby Hayes Named to National Member Loyalty Panel
Toby Hayes, VP of marketing for SAFE FCU, has been chosen to be part of a nationwide panel of marketers that is focused on customer loyalty and how credit unions can foster closer relationships with their members. - July 13, 2017 - SAFE Federal Credit Union
AlphaFlow Launches "Tax Implications of Crowdfunding" eBook
The release of "Tax Implications Of Crowdfunding," an eBook examining tax issues investors face as they invest through real estate crowdfunding. - July 12, 2017 - AlphaFlow
BDA Advises International Paper on Sale of Its China Foodservice Business to Huhtamaki
BDA Partners is pleased to announce that its client, International Paper, the world’s largest pulp and paper company, has agreed to sell its foodservice business in China to the Finland-based packaging specialist, Huhtamaki Oyj. The transaction is expected to complete in the coming months,... - July 12, 2017 - BDA Partners Ltd
KnowledgeCity Launches New Banking Training Courses
KnowledgeCity, an eLearning company which specializes in providing customized, online employee training, has released a series of industry specific courses designed to empower banking professionals in the areas of: Regulatory and Compliance, Fraud Prevention, Risk Management, Treasury Management and Teller Duties and Responsibilities. - July 11, 2017 - KnowledgeCity
MoneyTree Asia Pacific Launches Financial Profiling Tool for Kids
MoneyTree Asia Pacific Pte Ltd has announced the launching of its Financial Aptitude & Success Traits (FAST) Index - the first Financial Profiling tool targeting kids measures 3 important areas of a child’s Financial Intelligence makeup: Financial Knowledge, Money Habitudes & Peer Pressure Defence. - July 09, 2017 - MoneyTree
Whitefish Credit Union Breaks Ground on New Branch in Columbia Falls
Whitefish Credit Union, Montana’s largest credit union, will break ground on a new facility in Columbia Falls on Monday, July 10th at 10:00am. The new facility, to be constructed at 405 Ninth Street West, will replace the current Columbia Falls branch located at 320 Nucleus Avenue. The... - July 08, 2017 - Whitefish Credit Union
First Global Credit Announces the Launch of AICOIN ICO: Generating Wealth Through Artificial Intelligence and the Blockchain
First Global Credit, a premier cryptocurrency capital markets company, has entered into a partnership with a team of developers using Artificial Intelligence trading algorithms to form AICOIN (aicoin.io), a unique ICO designed to benefit both token holders and the public blockchain business community, AICOIN is a fully functioning investment service (not an idea in development) that leverages off blockchain technology to deliver revenue from two different but complementary profit streams. - July 05, 2017 - First Global Credit Ltd.
Whitefish Credit Union Gives Back to Members with 0.94% Dividend Rate
Whitefish Credit Union has announced a 0.94% dividend for the six months ended June 30, 2017. This dividend represents a 38% increase over the 0.68% declared at December 31, 2016. "We are constantly striving to provide our members with the best products and services available, and our new... - July 02, 2017 - Whitefish Credit Union
IntellectEU Secures 2 Million Euro Investment in Funding
Serial fintech entrepreneur Michel Akkermans makes a strategic investment in Blockchain technology. - June 30, 2017 - IntellectEU
Altoma Real Estate Advisors LLC Announces Closing Over $70,000,000 in 8 Months
Altoma, a CRE debt and equity placement shop based in California, closed $72,479,500 in debt financing spanning 14 transactions from early October 2016 to early June 2017. The placements included acquisitions and refinances for repeat and new clients alike, further bolstering a track record for executing as promised and exceeding expectations. - June 30, 2017 - Altoma Real Estate Advisors, Inc.
2nd Edition of Bestselling “What’s the Deal with Retirement Communities?” Released
Newly revised book takes an up-close look at often-asked questions about senior housing options. - June 30, 2017 - My LifeSite
Aliant Payment Systems Named Best High Risk Processing Company by topcreditcardprocessors.com for June 2017
The leading provider of rankings for merchant service providers, topcreditcardprocessors.com, has named Aliant Payment Systems as the best high risk payment processing company for the month of June 2017. Each month thousands of payment processors are put to the test while only the top performing... - June 30, 2017 - topseos.com