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.
SnapCheck Releases Next Generation of Digital Checking Platform
SnapCheck, the leading provider of business payment solutions, today announced the next generation of the SnapCheck Digital Checking Platform. The expanded API supports payments interfaces for partners in key industries including: banking, accounts payable, payroll, insurance, government, and... - October 27, 2017 - SnapCheck
Seylan Tikiri: The Account That Values Every Child
Seylan Tikiri aims to empower children with proper savings knowledge along with other teachings in academic skills and self-development to produce future entrepreneurs. - October 27, 2017 - Seylan Bank PLC
GSF Mortgage Welcomes Team Player in Sunshine State
GSF Mortgage Corporation is pleased to announce the addition of Tim Ferguson as a loan originator to the New Port Richey, Florida branch. A South Florida native, he has established a network with many contacts throughout Florida; he has experience serving customers in every corner of the state and... - October 26, 2017 - GoGSF
A New Start-Up Company Aims to Help Automotive Consumers Receive Refunds for Extended Warranties, Gap Insurance, Maintenance Plans and More
Car Buyers That Have Sold, Traded, Refinanced or Totaled Their Car Within the Last 6 Years Might Just be Owed a Refund. According to MyWarrantyRefund.com, a consumer rights service, tens of millions of dollars in pro-rated warranty refunds go unclaimed every year. - October 25, 2017 - MyWarrantyRefund.com
"Buy The Block" the First Black-Owned Real-Estate Crowd Investing is on Its Way to Millions of Dollars in Funding for Property Development in Black Communities
Lynn, an entrepreneur, is the founder and CEO at Buy The Block. One of few black-owned platforms in the country that are geared towards making investing in real estate as a group easier, the movement is presently on its way to recording massive success in funding for diverse development projects... - October 25, 2017 - Buy The Block
Best Credit Card Processing Companies Named by topcreditcardprocessors.com for October 2017
The leading provider of merchant service reviews and ratings, topcreditcardprocessors.com, has released their list of the best credit card processing companies for the month of October 2017. The rankings consist of service providers which offer merchants the ability to accept credit card payments... - October 25, 2017 - topseos.com
30 Best High Risk Payment Processing Companies Named in October 2017 by topcreditcardprocessors.com
The independent authority on merchant service providers, topcreditcardprocessors.com, has named the thirty best high risk processing companies for the month of October 2017. Companies included within the rankings assist businesses which are found to be in high risk industries in handling payments... - October 25, 2017 - topseos.com
The Independent Authority on Merchant Service Providers, topcreditcardprocessors.com Has Named the Thirty Best High Risk Processing Companies for October 2017
The leading provider of merchant service reviews and ratings, topcreditcardprocessors.com has released their rankings of the best merchant cash advance providers for the month of October 2017. Each month the released rankings are published on the website accounting for the latest developments and... - October 25, 2017 - topseos.com
VerifactoTM, a Leading Provider of Insurance Tracking and Risk Management Company, Announces the Launch of a Collateral Protection Insurance (CPI) Technology
VerifactoTM is excited to announce this new technology empowers auto finance companies, auto dealers, credit unions, and banks to quickly pinpoint customers in default on their insurance and effectively place CPI while compliance is monitored by the software. - October 20, 2017 - Verifacto.com
BDA Advises Chope on Growth Capital Raise
BDA Partners is pleased to announce that its client, Chope, one of Asia’s largest dining discovery and reservations apps, has raised growth capital of SG$18m (US$13m). The investment was led by Square Peg Capital and joined by C31 Ventures and Moelis Australia, as well as existing... - October 18, 2017 - BDA Partners Ltd
GSF Mortgage Names Frank Papaleo as VP of Retail Sales
GSF Mortgage Corporation is proud to name Frank Papaleo as the VP of Retail Sales. He previously served as a regional manager, where he grew much of the East Coast and Southeast region of the United States. His accomplishments include building a reverse mortgage and construction division for the... - October 18, 2017 - GoGSF
American Receivable Corporation Continues Relief Efforts
American Receivable Corporation is continuing relief efforts by offering special rates to businesses affected by Hurricane Harvey and extending those rates to those affected by Hurricane Irma. American Receivable has already aided eight Houston area small businesses in their recovery efforts in the... - October 17, 2017 - American Receivable Corporation
New Legal Software, LawFlare, Illuminates Unknown Client Backgrounds & Makes Jury Selection a Snap
LawFlare’s deep-search algorithm compile this information in minutes, it’s sleek layout makes organizing, documenting and analyzing it all a breeze. Lawyers can quickly combine a candidate’s online data with other critical details, compile jury shortlists, enter win/loss histories for each case and, impressively, use LawFlare’s powerful Advanced Case Analytics to chart and track patterns useful in maintaining win rates. - October 17, 2017 - LawFlare, LLC.
NYU and iGrad to Provide Financial Wellness Education for Diverse Student Population
New York University is empowering their students with invaluable financial wellness guidance via iGrad. - October 17, 2017 - iGrad
Combating Money Laundering and Terrorism Financing Risks by Opus Kinetic Pte Ltd
Opus Kinetic Pte Ltd, a leading training course provider headquartered in Singapore, will be conducting a course on money laundering and terrorism financing risks – Enhanced Assessment on Money Laundering and Terrorism Financing (ML/TF) Risks on 9 – 10 November 2017 in Singapore. This... - October 17, 2017 - Opus Kinetic Pte Ltd
DataPath Inc. Expands Approved Transit Options with UberPOOL Partnership Announcement
DataPath Inc., a leading platform provider for tax-advantaged benefit administration, has announced a partnership with Uber's rideshare service uberPOOL. Beginning on Monday, October 16, DataPath transit account holders will be able to use their benefits debit cards to pay for an... - October 16, 2017 - DataPath
Global Debt Registry Verifies Over $1.5 Billion in Loans
GDR reaffirms role as a leader in online lending with extensive implementation of state-of-the-art digital loan verification services. - October 16, 2017 - Global Debt Registry
SolidTrust Pay Partners with PayKii for Cross-Border Bill Payments
SolidTrust Pay, a global payment processor, and PayKii, the leading provider for Latin American bill payment coverage, have announced that they have signed an agreement to bring cross-border bill payment solutions to the SolidTrust Pay platform. - October 14, 2017 - SolidTrust Pay
Trinity Street Capital Partners Announces the Origination of a Non-Recourse, Commercial Mortgage on a Portfolio of Retail Properties Located in the San Ramon Valley of CA
Trinity Street Capital Partners (TSCP), a full service real estate investment bank, announces the origination of a $29MM first mortgage on a portfolio of un-anchored retail properties located in the San Ramon Valley of California. - October 13, 2017 - Trinity Street Capital Partners
Radly Bates Index Shows Increased US Entrepreneurial Activity in August 2017
In 2017, self employment peaked at 9.58% in February and has been declining but it did move up slightly in August. In August there were 15.15 million self employed Americans and 160.57 million employed Americans resulting in a self employed percentage of 9.44% for July, hence the RBI for August is... - October 13, 2017 - S7 Group
Visionet Leverages Robotic Process Automation (RPA) to Enhance VisiRecording Productivity by 40%
Visionet Systems, Inc. announced the unveiling of their newly enhanced VisiRecording product suite, which synthesizes their industry-leading assignment and release preparation with traditional mortgage recording tracking. A live demonstration of VisiRecording will take place at Booth # 1123 at the... - October 11, 2017 - Visionet Systems
Successful ICO Builds Immediate Profits for Coin Holders
AICoin Management Team Defines Key Factors for Success. AICoin (www.aicoin.io), a new style of investment collective that combines the power of artificial intelligence with the wisdom of the crowd, has successfully closed the subscription period of the Initial Coin Offering raising over $3 million dollars in crypto to back profit generation token. - October 10, 2017 - First Global Credit Ltd.
Global Debt Registry Raises the Bar on Lending Ecosystem Information Security
GDR Successfully completes SOC 1 Type II and SOC 2 Type II Review of Internal Controls and Processes; Continues to Exceed Industry Standards - October 10, 2017 - Global Debt Registry
vCISO Services, LLC Joins Tennessee Bankers Association
Emphasizes Focus on the Banking Market. - October 09, 2017 - vCISO Services
Industry Veteran Launches FinKube to Provide Revolutionary Digital Consumer Lending Platform
FinKube, a new company that provides AI-powered Platform-as-a-Service solutions for consumer lending, announced today that the startup firm has raised over $500,000 with the goal of disrupting and reimagining the consumer lending industry. The firm’s first offering, a new Digital Lending... - October 06, 2017 - FinKube Corp
Marketforce's Free Webinar: Preparing for the Rise of Millennial Millionaires
With robo-advice on the rise, wealth managers and private banks will need to work harder than ever before to deliver value to digitally-savvy millennials. Watch this exclusive panel discussion to discover how St James’ Place, Rathbones and LGT plan to adapt. - October 06, 2017 - Marketforce
Marketforce's Webinar: Unlocking the Potential of Blockchain
Blockchain is one of the hottest topics in the financial services industry, yet a recent survey found that 82% of bankers report that they don't understand it. This discussion will demystify how you can unlock its potential, and will showcase best practice, along with strategies for success. - October 06, 2017 - Marketforce
New HIDTA/HIFCA Data File Released by NominoData Containing Important Designated Area Changes Effecting Nearly 1000 Zip-Codes
NominoData announces the release of the newest version of their HIDTA/HIFCA file. This new release includes 18 changes in the designated HIDTA/HIFCA areas impacting nearly 1000 zip-codes. It is essential that financial institutions obtain this updated file for compliance and risk rating... - October 05, 2017 - NominoData LLC
Exectras Partners Offers Enrich Financial Wellness to Small Businesses
Exectras has partnered with iGrad to offer Enrich Financial Wellness, the innovative financial literacy educational platform, and one of the most requested benefits of 2017. Financial wellness is quickly becoming a “top initiative” for employers. However, for many small businesses (Aon... - October 04, 2017 - iGrad
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