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.
Marketforce to Host 2nd Annual The Blockchain Summit on 28th March 2017 in London
Now in its 2nd year, The Blockchain Summit includes a programme that covers banking, capital markets, and insurance, and an agenda that brings together powerful incumbents and disruptive innovators, the event will explore what blockchain might mean both today and tomorrow. - January 15, 2017 - Marketforce
Mission Federal Credit Union Reduces Auto Loan Interest Rates up to 3% with Rate Break Program
Mission Federal Credit Union is offering consumers with qualifying Auto Loans a reduced interest rate of up to 3% through its Rate Break Program. Mission Fed developed the program so that consumers who initially qualified for a higher Auto Loan rate would have the opportunity to reduce their rate... - January 11, 2017 - Mission Federal Credit Union
Emergence of Big Data Analytics in Global Banking Market Anticipated for Strong Growth with CAGR of 17.2% until 2020
New report says global analytics and risk compliance solutions for banking market to grow at a CAGR of 17.2% during the period 2016-2020. - January 11, 2017 - Market Research Hub
The BSC Group Arranges $30M Refinancing for Long Island City Self-Storage Property
The BSC Group, LLC, a leading commercial real estate financing advisor and provider of debt and equity capital solutions for self-storage investors, announced the arrangement of $30M in non-recourse construction loan takeout financing for a self-storage property in Long Island City, NY. Loan... - January 10, 2017 - The BSC Group, LLC
Chief Relationship Officer of Penn Community Bank Speaks on Importance of Community Service and Volunteerism
Todd Hurley discussed the social and career benefits of community service at leadership workshop. - January 08, 2017 - Penn Community Bank
Marketforce to Host the 7th Annual 20:20 Customer Experience: Financial Services on 29th March 2017 in London
20:20 Customer Experience: Financial Services is the premier customer experience conference that brings together professionals from banking, insurance, life assurance and more. - January 08, 2017 - Marketforce
SAFE Federal Credit Union Gives Back More Than $1 Million to Members
For 21 years, SAFE FCU has paid its members an annual dividend. In 2016 the credit union paid out more than $1 million to its members. - January 07, 2017 - SAFE Federal Credit Union
Jon S. Barooshian, Partner, Bowditch & Dewey, LLP to Speak at TKG’s Event
The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that Jon S. Barooshian, Partner, Bowditch & Dewey, LLP will speak at the Knowledge Group’s webcast entitled: “New Anti-Money Laundering... - December 31, 2016 - The Knowledge Group
Belgium’s Cards and Payments Industry Booming Trends and Opportunities to Remain Sustained till 2020
Report provides in-depth analysis of market trends in the Belgian payments by cards market. Its also provides values and volumes for a number of key performance indicators in the industry, including cash transactions, credit transfers, direct debits, check payments and payment cards during the review period. - December 27, 2016 - Market Research Hub
Azerbaijan Industry Insurance Company is Named Azerbaijan’s Top Non-Life Insurance Company
The Global Brands Magazine awards, among the world’s most recognized branding awards, announced Azerbaijan Industry Insurance Company as the winner of Best Non-Life Insurance Company in Azerbaijan for the year 2016. - December 26, 2016 - Azerbaijan Industrial Insurance Company
Marketforce to Host 10th Annual the Cards & Payments Summit on 27th – 28th March 2017 in London
Marketforce is delighted to announce The Cards & Payments Summit, taking place on 27th & 28th March in London. Now in its 10th year, we are building on a decade of experience and taking this conference to the next level as the UK’s flagship payments event. - December 24, 2016 - Marketforce
Extreme Overflow Publishing Announces a New Book - Redefining Success - God’s Purpose in Building Wealth
Author Dawud Crayton is a multi-gifted teacher addressing the culturally pivotal issues that affect everyday aspects of purpose, faith, family and finances. - December 24, 2016 - Extreme Overflow Enterprises, Inc
Marketforce to Host The Future of Fund Management on 27th March in London
The Future of Fund Management is the market-leading conference exploring how you can rise to the challenges facing the asset management industry and capitalise on the opportunities for success. - December 23, 2016 - Marketforce
Marketforce to Host 2nd Annual The Future of Digital Banking: Asia Pacific on 21st – 22nd March 2017 in Suntec, Singapore
The Future of Digital Banking: Asia Pacific brings together 150+ bankers from across the Asia Pacific region and beyond to share insights and discover innovations in banking for the digital age. - December 23, 2016 - Marketforce
Janis Vargas Named Senior VP Commercial & SBA Lending at Encore Bank
Encore Bank is pleased to announce that banking veteran Janis Vargas has joined the bank as Senior Vice President Commercial & SBA Lending at its Fort Myers branch. Vargas brings more than 20 years’ experience in the financial services industry, especially in lending in the U.S. and... - December 22, 2016 - Encore Bank
Texas Trust Credit Union Earns Pinnacle Awards for Community Involvement and Celebratory Special Event
A highly successful community relations initiative and high profile event from Texas Trust Credit Union have won Pinnacle Awards from the Cornerstone Credit Union League. Pinnacle Awards are given to credit unions that demonstrate excellence in credit union marketing, public relations, and business... - December 21, 2016 - Texas Trust Credit Union
FinTech School Lands Major Business School, Blue Chip Clients and Launches Its First Training Facility
Featuring major clients and partners like Moody’s and The Wharton School of Business, FinTech School launches its first location in the heart of Silicon Valley to train the Financial Services industry, its service providers and major universities. - December 20, 2016 - FinTech School
The Hub Adds Irregular Personnel Activity Classification Using Deep Learning
The Hub artificial intelligence monitoring platform has developed a deep learning model that tracks employee behaviour and protects organisations by detecting errant patterns including staff activity, social engineering and resident software. It enables organisations to automate personnel monitoring and be alerted to anomalous activity. - December 16, 2016 - The Hub
Marketforce to Host Insurance Fraud on 6th March 2017 in London
If you’re dedicated to defending your customers and your industry from fraudsters, and you want to share ideas with more than 130 of your peers, Insurance Fraud is the conference you need to attend in 2017. - December 16, 2016 - Marketforce
Marketforce to Host 18th Annual The Future of Retail Banking: Europe on 13th – 15th March in Amsterdam
Now in its 18th year, The Future of Retail Banking: Europe brings together 20+ expert speakers and 150+ senior figures from all the major retail banks. Find the answers you’re looking for to key topics such as open banking, artificial intelligence and blockchain. - December 10, 2016 - Marketforce
Texas Trust Delivers $5,000 to Toys for Tots
A restored 1956 Chevy school bus owned by Texas Trust Credit Union was used to deliver hundreds of toys to Toys for Tots. - December 09, 2016 - Texas Trust Credit Union
Whitefish Credit Union’s Senior Vice President of Operations to Retire After 37 Years
After 37 years of service, Whitefish Credit Union's senior vice president of operations to retire at the end of the year. - December 09, 2016 - Whitefish Credit Union
Richland Northeast High School Now Boasts Its Own SAFE Federal Credit Union Debit Card
Junior Teniqua Reddy Designed the Spirit-Themed Card - December 09, 2016 - SAFE Federal Credit Union
Marilyn Leonard Joins Atlanta-Based PrivatePlus Mortgage
Highly experienced mortgage pro based in Park City, UT, and Naples, FL, originates mortgages nationwide. Leonard often tailors her expertise and programs for specific audiences; for instance, helping medical professionals overcome financial hurdles to match them with the best mortgage products. - December 08, 2016 - PrivatePlus Mortgage
Smart Lawsuit Funding, a New Lawsuit Funding Company is Now Open for Business
A new legal loans provider announces grand opening. - December 08, 2016 - Smart Lawsuit Funding
Shetler Joins Mars National Bank as Assistant Vice President, Mortgage Lending
Nicolina “Nikki” Shetler joined Mars National Bank as Assistant Vice President, Mortgage Lending. Ms. Shetler has 16 years banking experience focused on real estate lending. She will be responsible for developing and managing client relationships, particularly in Indiana and... - December 07, 2016 - Mars Bank
Penn Community Bank Hires K. Bernard Tynes as Retail Sales Manager
Banking executive to oversee sales and service at bank’s Bucks County branches - December 07, 2016 - Penn Community Bank
Whitefish Credit Union to Add New Online Security Features
Montana's largest credit union is introducing new security features for their members' online protection. - December 04, 2016 - Whitefish Credit Union
The Hub Adds Intelligent Spider to Their Monitoring Platform
The Hub has now added an intelligent spider to the platform which can turn unstructured and partially structured website information into structured data and create APIs and alerts when that data changes. - December 02, 2016 - The Hub
NACCE to Launch Intellectual Property Education and Lean Startup Pilot Programs in Community Colleges
National Association for Community College Entrepreneurship (NACCE) lauded in National Entrepreneurship Observance. - December 02, 2016 - National Association for Community College Entrepreneurship
The Insurance Industry Shake Up
Sean Matheis, founder of The Millionaire Masterminds & The Agency Alliance Mastermind has shaken up the insurance industry once again. Sean has been a pioneer in the insurance industry introducing the most interactive and cutting edge marketing strategies that the industry has seen in more than... - December 02, 2016 - The Millionaire Masterminds
U.S. Rep. Mulvaney Pays Visit to SAFE Federal Credit Union
Promising changes regarding federal financial industry regulation, U.S. Rep. Mick Mulvaney visited SAFE Federal Credit Union this week for input on how the regulatory landscape can be improved. - December 02, 2016 - SAFE Federal Credit Union
Credissimo is the First Company in the World to Launch a Chatbot Service for Online Consumer Loans
The European fintech company Credissimo is the first company in the world to launch a chatbot service for online consumer loans. Over the last weeks, world leaders in the financial sector, such as Bank of America and MasterCard, have launched chatbot services in similar areas. - December 02, 2016 - Credissimo AD
SimplePF Joins In Focus Brands' Network for Launch Development
The SimplePF app combines your finances and technology. The app pulls your bank data, automatically creates journal entries for the transactions, and maintains your personal income statement and balance sheet. - December 02, 2016 - In Focus Brands
Kerauno UC Platform Now Provides Seamless Integration with Fiserv, Jack Henry, and Corelation
Axia Technology Partners announced the release of version 1.3 of its Unified Communications platform Kerauno, which now provides seamless integration with banking core software services including Fiserv, Jack Henry, and Corelation. This new functionality can replace many existing systems such as bank by phone and interactive voice response enabling increased efficiency ratios for financial institutions. - December 01, 2016 - Kerauno
Elizabeth Duquette is New Manager at SAFE Federal Credit Union Branch in Bishopville
Elizabeth Duquette has been named branch manager at the Bishopville branch of SAFE Federal Credit Union, the largest credit union based in the Midlands. She now leads the staff of seven at the branch, located at 596 Sumter Highway. Duquette has 13 years of financial services experience. Before... - December 01, 2016 - SAFE Federal Credit Union
SecureMySocial Named to Cybersecurity 500 List for First Time
SecureMySocial, a leading provider of social media security software, is proud to announce that it has been added to the Cybersecurity 500, a global compilation of the 500 leading companies that provide cybersecurity solutions and services. The Cybersecurity 500 includes a wide range of... - November 30, 2016 - SecureMySocial
New Advisor System Helps Financial Service Professionals Advise Student Loan Borrowers on Complex Repayment Strategies
The Certified Student Loan Advisor Board of Standards provides a comprehensive business development system for financial professionals. The program helps them build new business by adding student debt advising services to help clients overcome the challenges many borrowers experience in deciding the best repayment plan. - November 28, 2016 - CSLA
Precise Market Analysis for Retail Banking Sector in the United States
The United States has a mature and highly developed retail banking sector, with high levels of ownership across all four key products. The market is also highly concentrated, with a handful of large providers dominating the industry. However, a growing number of entrants are seeking to challenge the incumbents. The growth of digital channels will also affect distribution and servicing. - November 26, 2016 - Market Research Hub
Zarvic Brothers Offers Diversified Exposure to Private Equity with Innovative Vero Fund
Zarvic Brothers LLC announces the launch of Zarvic's Vero Fund. Building off Zarvic's annualized 36% return from the past few years, Zarvic has launched the new Vero Fund fund based on the same strategy. - November 23, 2016 - ZarVic Brothers LLC
JKS Financial to Host History Lessons Speaker Series Event in Pittsburgh
JKS Financial will lead an educational speaker series on November 29th. - November 22, 2016 - JKS Financial
DailyForex App Adds Push Notifications for Price Alerts
The Company’s Android and iOS Apps Keep Traders Updated Around the Clock - November 21, 2016 - DailyForex
Zarvic Brothers Facilitates the Sale of a $6.2 Million Apartment Complex
Zarvic Brothers has successfully facilitated the sale of a 111 unit suburban apartment complex in western New York State. The complex features spacious garden style apartments, located in a park like setting. The luxury units are larger than your average apartment size. The acquisition closed in... - November 18, 2016 - ZarVic Brothers LLC
Texas Trust’s Clay Yearsley Appointed to OnApproach’s Client Advisory Board
Symitar Episys expert, Clay Yearsley, will advise OnApproach on its early stage product development efforts for credit union core platforms. - November 16, 2016 - Texas Trust Credit Union
SAFE FCU Adds On-Site Personal Teller Machine at Continental Tire Plant in Sumter
Continental, one of the top automotive suppliers in the world, has deployed an interactive video kiosk Personal Teller Machine from SAFE Federal Credit in its plant in Sumter, SC. The PTM will allow employees to conduct their banking business remotely during their shift. - November 15, 2016 - SAFE Federal Credit Union
Trinity Street Capital Partners Announces the Origination of a High Leverage, Non-Recourse, Hotel Loan
Trinity Street Capital Partners, a full service real estate investment bank, announces the origination of a $25MM first mortgage on an extended stay, limited service hotel. The hotel was flagged as a Home2 Suites, a Hilton brand and located in Long Island City, New York. The high leverage, non-recourse financing was one of the highest loan/ key mortgages, ever accomplished in the borough of Queens. - November 14, 2016 - Trinity Street Capital Partners
The Chauncey F. Lufkin III Foundation Was Proud to Attend The Joe Torre Safe at Home Foundation Gala on November 10, 2016
The Chauncey F. Lufkin III Foundation was Proud to Attend The Joe Torre Safe at Home Foundation Gala, Supporting Comprehensive in-School Programming to Help Children Affected By Domestic Violence - November 11, 2016 - The Chauncey F. Lufkin III Foundation
The Houston Chronicle Names First Service Credit Union One of Top 100 Places to Work
Houston's First Service CU was named a top workplace for the fourth consecutive year. - November 11, 2016 - First Service Credit Union
Trust Builders Enhances TRAK Gap Analysis with New Feature
Trust Builders, Inc. is announcing the release of the Sequence of Returns calculator with integration in The Retirement Analysis Kit’s (TRAK’s) existing retirement needs analysis calculators. The Sequence of Returns analysis evaluates a client’s retirement plan and assesses the likelihood of possible success or failure based on a historical stock index or a blend of indexes. - November 05, 2016 - Trust Builders, Inc.
Mars National Bank Provides Financial Literacy Program to Mars Area and Pine-Richland High Schools
The 2016 – 17 school year will see a new financial literacy resource available to Mars Area and Pine-Richland, PA High School students. The online curriculum is sponsored by Mars National Bank and is called the “myMNB Financial Literacy Program.” Mars National Bank is partnering with EverFi, Inc. to bring the program to local students at no cost to the schools or taxpayers. - November 03, 2016 - Mars Bank