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.
American Receivable Corporation Reaches One Hundred National Bank Relationships
American Receivable Corporation is proud to announce over one hundred bank relationships nationwide. Over the last 38 years, American Receivable has paved the way for bankers and factoring companies to work together to strengthening the cash flow and success of small to medium businesses. In the... - June 27, 2017 - American Receivable Corporation
Jay Montgomery Named Vice President of Operations at SAFE Federal Credit Union
Jay Montgomery, who has been with SAFE Federal Credit Union for nine years, has been named vice president of operations at the credit union. Montgomery succeeds Michael Baker, who recently moved up to the executive vice president position at SAFE. After joining SAFE as a management trainee... - June 23, 2017 - SAFE Federal Credit Union
eCU Mortgage Introduces Third Party Mortgage Origination Service for Credit Unions
Transparent, Member-Focused System Maximizes Credit Union Revenue - June 23, 2017 - First Service Credit Union
LENDonate Changes The Game of Nonprofit Financing by Creating Swift Access to High Quality Loans
One-of-a-Kind Online Platform Launches to Enable Nonprofits to Source Loans and Donations Simultaneously through a New, Innovative Process - June 22, 2017 - LENDonate, Inc.
Council for Adult and Experiential Learning Announces Financial Services Career Action Platform, BankingOnMyCareer.com
JPMorgan Chase Funded Career Exploration Site to Grow Industry Awareness for New York Metropolitan Area Job Seekers - June 22, 2017 - CAEL
GSF Mortgage Relaunches TPO Division
GSF Mortgage Corp. continues to expand GSF Funding, the TPO/Correspondent lending division and welcomes David Kirchen as the new director of TPO/ Correspondent Lending. He will be responsible for establishing partnerships with banks, credit unions, mortgage bankers and brokers. Third Party... - June 22, 2017 - GoGSF
Leadership Change for Private Bank of Buckhead
Veteran Banker Robert B. Aland takes on role of President; founding President Crawford embraces new challenge in Philadelphia - June 21, 2017 - Private Bank of Buckhead
Four Mid-Atlantic Region Credit Unions Turn Over ATM Management to Dolphin Debit
Small credit unions are finding that outsourcing their ATMs is a better strategy than owning and maintaining the machines. - June 21, 2017 - Dolphin Debit
New Graduates Turn to Online Bookie Industry to Pay Student Debt, Says PayPerHead.com
PayPerHead.com sees a ten percent increase in new graduates entering the online bookie business over 2016. - June 20, 2017 - PayPerHead.com
PrivatePlus Mortgage Continues Savannah Expansion with Addition of Lynn Knox
PrivatePlus Mortgage, a division of National Bank of Commerce, has named Lynn Knox a Vice President and Sales Manager. She is based in PrivatePlus’ new Savannah office. - June 19, 2017 - PrivatePlus Mortgage
Secure Note Capital Announces Secure PLUS Real Estate Mortgage Note with Capital Preservation, Hassle-Free Income and Default Protection
Secure Note Capital, announced today the expansion of the Secure PLUS Real Estate Mortgage Note. The expansion of the Secure PLUS Note Program provides the highest-quality Real Estate Mortgage Notes in the industry today with capital preservation, hassle-free income and Secure PLUS Default Protection. - June 17, 2017 - Secure Note Capital
Trust Stamp Selected as a 2017 Atlanta Metro Export Challenge Semi-Finalist
Atlanta Tech Village-based startup has been named a semi-finalist in the annual Atlanta Metro Export Challenge (Atlanta MEC) and a recipient of a $5,000 grant. This grant competition supported by JPMorgan Chase, UPS, and Partnership Gwinnett, advances the development and execution of cutting-edge export strategies for small and medium-sized businesses. - June 16, 2017 - Trust Stamp
PrivatePlus Mortgage Grows Atlanta Team with Addition of Michael Kempter
PrivatePlus Mortgage, a division of National Bank of Commerce, has named Michael Kempter a vice president and mortgage banker. In the Atlanta market PrivatePlus is affiliated with Private Bank of Buckhead & Decatur. - June 16, 2017 - PrivatePlus Mortgage
Tax Resolution Specialist Speaks About IRS Collection Matters
Frank Haarlander of Keystone Financial Solutions, P.C., participated in the IRS’s Working Together 2017 Conference held on May 24, 2017 at the Great Valley Campus of Penn State University. The panel that Mr. Haarlander participated in addressed IRS Collection issues. Mr. Haarlander was... - June 16, 2017 - Keystone Financial Solutions, Inc.
Secure Note Capital Expands Availability of Secure Mortgage Notes Program That Provides Hassle Free Passive Income with Capital Preservation and Securitization
Secure Note Capital announced today the expansion of the Secure Mortgage Note Program that provides Real Estate Note buyers with the benefits of preservation of capital and hassle-free passive monthly income. Secure Real Estate Mortgage Notes provide approx. 8-12% return per annum with regular... - June 15, 2017 - Secure Note Capital
BDA Named Investment Bank of the Year 2017 by The M&A Advisor
BDA is pleased to announce that it was named Investment Bank of the Year 2017 by The M&A Advisor. The M&A Advisor is the world’s foremost M&A, restructuring, and financial leadership organization. BDA was nominated in the same category as Centerview, CICC, Gresham Partners,... - June 14, 2017 - BDA Partners Ltd
Armadillo Business Information Celebrates 20 Years on the Web
Armadillo, the world’s first web based company information database, celebrated its 20th anniversary on June 3rd. - June 13, 2017 - Armadillo Business Information
University Recruiters Gives the Recruiting Industry a Much-Needed Makeover
University Recruiters is turning the recruiting industry on its head with its “common sense pricing” model, and the world is noticing. The innovative model charges a flat rate based on the successful placement of a job applicant, unlike today’s commission driven recruitment that... - June 12, 2017 - University Recruiters
PrivatePlus Mortgage Grows New Savannah Office with Addition of Christy Byrum
PrivatePlus Mortgage has named Christy Byrum a Vice President and Mortgage Banker. She is based in PrivatePlus’ new Savannah office. Many people know Byrum as the lead singer with an area cover band, The Christy Alan Band. - June 12, 2017 - PrivatePlus Mortgage
PrivatePlus Mortgage Grows New Savannah Office with Addition of Dennis Hall
PrivatePlus Mortgage, a division of National Bank of Commerce, has named Dennis M. Hall a Vice President and Mortgage Banker. He is based in PrivatePlus’ new Savannah office. “Dennis brings a vast amount of knowledge and experience to the home ownership process,” says Dean... - June 07, 2017 - PrivatePlus Mortgage
New Interactive Bay Mountain Website Appeals to “Hard Money” Borrowers
Bay Mountain Capital, a direct lender that has been providing short term financing to Texas real estate investors since 2009, has launched a new, interactive website to create a more convenient investment experience for borrowers. Phil Sanchez, the partner responsible for finance, legal and... - June 07, 2017 - Bay Mountain Capital
Texas Trust Awards Two MISD Seniors with $4,000 Scholarships
Texas Trust Credit Union has awarded $8,000 in college scholarships to two Mansfield ISD graduating seniors, one from Mansfield High School and the other from Lake Ridge High School. The Texas Trust MISD Fine Arts and Engineering Scholarships provide $1,000 per year for the next four... - June 07, 2017 - Texas Trust Credit Union
Trinity Street Capital Partners Announces the Origination of a High Leverage, Non-Recourse, Commercial Mortgage & Preferred Equity on Knoxville, TN Multifamily Property
Trinity Street Capital Partners, a full service real estate investment bank, announces the origination of a non-recourse, senior commercial mortgage and a preferred equity investment, utilized for the acquisition of a 180 unit, garden style apartment complex located in the Park City section of Knoxville, TN. - June 06, 2017 - Trinity Street Capital Partners
Global Debt Registry Appoints Charlie Moore as President
Leading FinTech firm continues growth momentum, deepening leadership expertise amidst partnership network expansion. - June 04, 2017 - Global Debt Registry
Mars National Bancorp, Inc. Elects New Board Officers
Mars National Bancorp elected new board officers to fill the vacated positions of Dallas C. Hipple (retiring as Chairman) and R. Bruce Mensch (retiring as Secretary). Janet L. van Buskirk Balentine was elected Chairman. Board member J. Jay Their was elected Vice Chairman. In addition, Michael J. Kirk, was elected Secretary. - June 03, 2017 - Mars Bank
Quisk Begins Deployment of Blockchain Technology
The Addition of Blockchain Distributed Ledger Improves Data Security and Integrity for Merchant Settlement, Core Banking Reconciliation,and Cross Border Remittances for Quisk’s Financial Institution Customers Quisk,Inc., headquartered in Silicon Valley and provider of a secure digitized cash... - June 03, 2017 - Quisk, Inc.
AISD’s Jones Academy Unveils Outdoor Performing Arts Theater Made Possible by Texas Trust Credit Union
The Jones Academy outdoor theater was funded through Texas Trust's Spirit Debit Reward program. - June 01, 2017 - Texas Trust Credit Union
SkySparc Continues Investment in Outsourced Support Service with New Hire
SkySparc, the leading independent provider of solutions for Wallstreet Suite users, is delighted to announce the recruitment of Sam Cooley. - June 01, 2017 - SkySparc
Academy of Practical Accounts Announces New Free 90 Minute Training
90 minutes of Video, Documents and Software-based training regarding the recording of 9 types of Documents. Plus the extraction of a Trial Balance, Profit and Loss account & Balance Sheet. Using a Free Accounts App. - May 31, 2017 - Academy of Practical Accounts
Cornerstone Financial Corporation Completes 10 - 1 Reverse Stock Split
Cornerstone Financial Corporation (OTC “CFIC” and “CFICD”), the holding company for Cornerstone Bank, announced that effective today, the company finalized a 10 - 1 Reverse Stock Split. As a result, the Company’s stockholders will receive one new share of the... - May 31, 2017 - Cornerstone Financial Corp
Georgia Banks’ Earnings Up 6.2 Percent in First Quarter
Georgia’s 181 FDIC-insured financial institutions earned $764 million during the first quarter of this year, up 6.2 percent over the same period in 2016. Loan growth was modest at 2.4 percent, and deposits were up 4.2 percent. Capital levels remained good, as well. Also of note from the... - May 27, 2017 - Georgia Bankers Association
Moneyto Ltd Introduces a Single Tariff for Online Transfers to Europe and the CIS
Moneyto has reduced fee for online transfers at most popular directions: online transfers are now even more profitable. Now the fee for transfers to Europe, the CIS and Georgia is only 0,49%, min. 1 pound. Moneyto transfers can be paid out in one of many payout locations in Europe and the CIS:... - May 26, 2017 - Moneyto
Castle Placement Named Exclusive Agent - $10 Million Capital Raise - Virtual Receptionist Technology
Virtual Communications Corporation (VCC) announced today that it has engaged Castle Placement as its exclusive placement agent to raise $10 million of capital. Proceeds will be used by VCC to further develop, market and expand its patented virtual receptionist technology business. VCC's main product is Alice Virtual Receptionist. - May 25, 2017 - Castle Placement
Louisiana’s ASI Federal Credit Union Moves Its ATM Fleet to Dolphin Debit
ATM outsourcing is a growing trend among financial institutions, especially credit unions. - May 25, 2017 - Dolphin Debit
Qualtrust Credit Union Members Give Green Light to Merger with Texas Trust Credit Union
Members of Qualtrust Credit Union have agreed to merge with Texas Trust Credit Union. Qualtrust members voted on May 18 in favor of the merger, allowing the two credit unions to join forces. The merger has been approved by the National Credit Union Administration and the Texas Credit Union... - May 24, 2017 - Texas Trust Credit Union
Madison Street Capital Arranges Line of Credit for Maintenance Systems Management, Inc.
International investment banking firm Madison Street Capital (MSC) acted as the exclusive financial advisor in arranging a line of credit for its client, Maintenance Systems Management, Inc. (MSM). The facility was provided by Sterling Commercial Credit. The transaction was announced today by... - May 23, 2017 - Madison Street Capital
DBS Building Solutions 5th Janitorial Services Location in Pennsylvania
DBS Building Solutions Opens 5th Location. - May 20, 2017 - DBS Building Solutions
PrivatePlus Grows New Savannah Office with Addition of Dean Phillips
Dean Phillips joins Atlanta-based national mortgage organization as Vice President, South Georgia Production Manager, leading the new Savannah office. - May 19, 2017 - PrivatePlus Mortgage
Security Card Services Signs Eight New Bank Partners During Q1 2017
Security Card Services, the largest provider of technology enabled payment processing solutions that sells to community and regional banks only, added eight new bank partners in the first quarter of 2017. The new bank partners are as follows: -First National Bank of Scotia -South Central... - May 19, 2017 - Security Card Services
SAFE Federal Credit Union Names Jennifer Michaels VP of Risk Management
SAFE Federal Credit Union has named Jennifer Michaels its Vice President of risk management, a new position at the credit union. Michaels is a lawyer who most recently served as general counsel and compliance director at Park Community Credit Union in Kentucky. At SAFE, she oversees information... - May 19, 2017 - SAFE Federal Credit Union
Telindus and IntellectEU Have Developed SmartMatch, a Blockchain-Based Solution Enabling the Reconciliation, Matching and Resolution of Transactions
Telindus and IntellectEU will make a live demo of the SmartMatch at the Hyperledger Mini Summit during Consensus 2017 in New York on May 22nd-24th 2017. - May 18, 2017 - IntellectEU
Protect Yourself for Free: Local Law Firm Launches “Insurance Detective” Program
Green Law Firm announces initiative to uncover hidden mysteries in your insurance policy. - May 17, 2017 - Green Law Firm
Madison Street Capital Names Head of International Advisory Group
Madison Street Capital is pleased to announce that Joseph Alioto has joined the firm as Managing Director and will head the International Advisory Group (IAG). In this role, Mr. Alioto will work on the execution of Madison Street Capital’s global strategy, deepen client relationships and... - May 17, 2017 - Madison Street Capital
American Receivable Corporation Remains #1 for Third Consecutive Year
For the third consecutive year, Top Ten Reviews has ranked American Receivable as the #1 factoring company in the U.S. American Receivable was one of the first factoring companies in the DFW metroplex, and for the last 39 years, American Receivable has provided cash flow solutions to businesses... - May 17, 2017 - American Receivable Corporation
PrivatePlus Grows New Savannah Office with Addition of Tammy Smith
Tammy Smith joins Atlanta-based national mortgage organization as Vice President and Mortgage Banker in firm's new Savannah office. - May 16, 2017 - PrivatePlus Mortgage
University of Kentucky Expands Financial Wellness with iGrad Exploratory Center
University of Kentucky's state-of-the-art Student Financial Wellness Center launches a new iGrad Exploratory Center where the interactive iGrad Financial Literacy Platform will be accessible to all students. - May 16, 2017 - iGrad
Novation Holdings Inc. Acquires FinTech Company for Healthcare Providers
Novation Holdings Inc., (OTC PINK SHEETS - NOHO), (the "Company"), has acquired 100% of Capital Resource Authority, Inc. with ability to offer a first of its kind cash and credit access system for providing capital to Healthcare providers nationwide to include every imaginable medical or... - May 15, 2017 - Novation Holdings Inc
Cornerstone Bank, Moorestown, New Jersey Announces Termination of Regulatory Order
Announcement of Lifting of Regulatory Order - May 12, 2017 - Cornerstone Financial Corp
Enterprise Ethereum Alliance Adds Digital Identity Startup, Trust Stamp, to Its Membership
An elite alliance of the world’s leading blockchain innovators founded the Enterprise Ethereum Alliance (EEA) in February 2017 to augment Ethereum and enable it to serve as an enterprise-grade technology, with research and development focused on privacy, confidentiality, scalability and security. This exclusive invitation only group has recently admitted Trust Stamp, an Atlanta Tech Village-based biometric identity startup, to its founding membership. - May 11, 2017 - Trust Stamp
RateGenius Named a Top 100 Tech Company in Austin
RateGenius was named a Top 100 Digital Tech Company in Austin by Built In Austin for 2016. RateGenius, an auto refinance broker founded in 1999, came in at number 43 for the year. This exclusive list ranks the digital players of the Austin community according to local, full-time employee... - May 11, 2017 - rateGenius