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.

PrivatePlus Mortgage Grows Management Team with Addition of Christine Conley

PrivatePlus Mortgage Grows Management Team with Addition of Christine Conley

Christine Conley joins Atlanta-based national mortgage organization as SVP, operations. - March 31, 2017 - PrivatePlus Mortgage

NominoData Releases Update of Due Diligence Solution to Include Gaming Industry Informations. Release Will Launch at April '17 ACAMS Financial Crimes Conference

NominoData has announced an enhancement release of One Click Compliance due diligence solution. The solution will now include US and Global information pertaining to Gaming control and licensing. Al Macdonald, CEO/Founder of NominoData stated, "We are now including Gaming industry specific... - March 23, 2017 - NominoData LLC

SAFE Federal Credit Union Announces Results of Board of Directors Election

Paul Holder, Kay Oldhouser Davis, and Melinda Carr were elected to the SAFE FCU board. Results of the election were announced during the SAFE annual meeting. - March 23, 2017 - SAFE Federal Credit Union

NPPG Fiduciary Services, LLC Offers Independent ERISA 3(16) Administrative Services to Plan Sponsors

Northeast Professional Planning Group, Inc. (NPPG) a leading national employee benefits, retirement planning and actuarial consulting firm, with regional focus in NY, NJ, CT and PA has continued its expansion and growth. This growth comes in the form of increasing services offered via NPPG... - March 23, 2017 - NPPG, Inc.

HIDTA/HIFCA Data File Automated Purchase Portal to be Released at ACAMS Hollywood Florida Financial Crime Conference by NominoData

HIDTA/HIFCA data file automated purchase portal to be released by NominoData at the 2017 ACAMS Financial Crimes Conference in Hollywood Florida. - March 23, 2017 - NominoData LLC

Capital Services Achieves Substantial Growth in 2016, Meeting New Market Challenges

Capital Services accounts were up 17 percent over 2015, ending 2016 on a strong note. - March 23, 2017 - Capital Services

Restivo Monacelli LLP Expands, Opening New Office in Boca Raton, FL

Restivo Monacelli LLP Expands, Opening New Office in Boca Raton, FL

Restivo Monacelli LLP, an innovative tax, accounting and business advisory firm today announced the opening of its newest office in Boca Raton, FL. Edmund A. Restivo, Managing Partner, said: “As we continue to evolve and grow our client base in Florida, opening an office in Boca Raton is an... - March 21, 2017 - Restivo Monacelli LLP

Supporting Transparency, Atlanta City Council President Candidate Alex Wan Releases Council Expense Data

Supporting Transparency, Atlanta City Council President Candidate Alex Wan Releases Council Expense Data

Atlanta City Councilmember Alex Wan, who is seeking the second-highest elected position in Atlanta government, Atlanta City Council President, on Thursday released his City Council District 6 non-salary expenses from January 2010 (when he officially took office) through a report run in February. - March 20, 2017 - Alex Wan for Atlanta

Mirza Asrar Baig, CEO oF CTM360, Awarded "Visionary CEO of the Year" at the Catalyst Awards, Part of the EMEA Future IT Summit (Dubai)

Mirza Asrar Baig, CEO oF CTM360, Awarded "Visionary CEO of the Year" at the Catalyst Awards, Part of the EMEA Future IT Summit (Dubai)

Mirza was recognized as a serial entrepreneur and business builder with a history of success and innovation within the Information Security and Cyber Security sectors. - March 20, 2017 - CTM360

Raiffeisen Bank Romania Has Successfully Implemented Allevo's Open Source Solution for Corporate SEPA Compliance

EU 260/2012 Regulation affects not only banks, but corporates as well. - March 17, 2017 - Allevo

David L. Glass, Special Counsel, Hinman, Howard & Kattell, 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 David L. Glass, Special Counsel, Hinman, Howard & Kattell, LLP will speak at the Knowledge Group’s webcast entitled: “New Anti-Money... - March 14, 2017 - The Knowledge Group

Groundbreaking Crypto Start-Up, Internet of Coins, Launch Fundraiser on OpenLedger DC

Groundbreaking Crypto Start-Up, Internet of Coins, Launch Fundraiser on OpenLedger DC

Internet of Coins (www.coinstorm.net) will launch their fundraiser on the OpenLedger Decentralized Conglomerate (DC) on March 21st 2017, in celebration of the first day of spring. Essentially a wallet, Internet of Coins is a secure way to store cryptocurrencies and smart contracts, and trade them... - March 13, 2017 - OpenLedger

OBITS Now Listed on Livecoin Exchange

OBITS Now Listed on Livecoin Exchange

OBITS, the official digital token of the OpenLedger Decentralized Conglomerate (DC), began its entry into the major exchanges with its debut on Livecoin, one of the best-known altcoin exchanges. - March 13, 2017 - OpenLedger

Apptrade Token Crowdsale Successfully Launched

Apptrade Token Crowdsale Successfully Launched

OpenLedger’s Apptrade (www.apptrade.io), the platform creating "Kickstarter for Apps on the Blockchain," launched its Initial Token Offering (ITO) attracting interest from all over the world. Powered by the digital token APPX, Apptrade creates portfolios, or groups, of apps, where... - March 13, 2017 - OpenLedger

Algae Dynamics Corp Announces Research Agreement with University of Western Ontario

Algae Dynamics Corp Announces Research Agreement with University of Western Ontario

Algae Dynamics Corp, today announced a research and product development agreement with Western University to perform research on cannabis oil and its constituents in the context of depression, post-traumatic stress disorder, anxiety and schizophrenia. This is the second of the recently announced research agreements with Canadian universities involving cannabis oil research. This announcement brings Algae Dynamics total university research contributions to $1. 6 Million for both programs. - March 13, 2017 - Algae Dynamics Corp

CU Texting Selects Fusion CRS as Its Delinquency Collections Software Integration Partner

CU Texting, a SMS sourcing consulting firm for Credit Unions, announced its selection of Fusion CRS Solutions as their partner to lead integration projects involving collections and recovery software with landline text messaging. “We felt it imperative to address the groundswell support for... - March 13, 2017 - CU Texting

MVC Resources in Talks with Boutique Investment Banks Regarding Potential IPO

MVC Resources has requested investment banks submit their proposals to handle a potential initial public offering, moving a step closer to realising the long anticipated listing. The Chile-based company has invited about 12 banks to pitch to handle a possible float, people close to the situation said. - March 10, 2017 - MVC Resources

PrivatePlus Mortgage Grows Management Team with Addition of Max Stone

PrivatePlus Mortgage Grows Management Team with Addition of Max Stone

PrivatePlus Mortgage has named Max Stone as Vice President and Mortgage Production Manager. PrivatePlus is affiliated with Private Bank of Buckhead & Decatur. - March 07, 2017 - PrivatePlus Mortgage

Investor Bitcoin Investment Plans Guarantee Zero Losses

Investor Bitcoin - www.InvestorBitcoin.com received an influx of investment capital this past February to the tune of nearly four million dollars. How the company plans on using it should excite its members and inspire others to join one of its three investment plans. Expecting even more capital... - March 05, 2017 - Investor Bitcoin Inc.

Common Mistakes That Drive Down Credit Scores According To MONEYBANKER

Most people don’t give their credit scores a second thought until they need to make a big purchase. However, ignorance is never bliss when it comes to a person´s finances. As the score drops, doors can literally close, including employment opportunities, great insurance rates, and prime... - March 03, 2017 - MONEYBANKER

DropSecure Makes Big-Bank Security Easy and Affordable for Small - and Medium-Sized Businesses

DropSecure announced today the general availability of their new offering for the SMB market. The new service designed for small- and medium-sized businesses delivers military-grade security for file transfers. With this release, DropSecure becomes one of the most advanced secure file transfer... - March 01, 2017 - DropSecure

BDA Advises Navis on Celebrity Fitness Merger with Fitness First Asia, Creating One of the Largest Fitness Club Networks in Asia

BDA Partners is pleased to announce that its client, Navis Capital Partners, a leading private equity firm in Asia, has agreed to merge its portfolio company, Celebrity Fitness, the leading fitness club operator in Indonesia and Malaysia, with Fitness First Asia, the largest fitness club operator... - March 01, 2017 - BDA Partners Ltd

Experian and REIDIN Speed Up Decision-Making for Customers with Limited Credit History

A new service to help speed up access to finance for consumers with limited credit history has been unveiled by the leading global information services company Experian and real estate information services company REIDIN. - March 01, 2017 - REIDIN

Francesco Gadaleta, PhD Joins Abe as CDO

Francesco Gadaleta, PhD Joins Abe as CDO

Francesco will lead the development of Abe's conversational AI platform as part of the company's ongoing mission to bring artificial intelligence to financial services. - February 28, 2017 - Abe

Nation’s Largest Hero Savings Program, Homes for Heroes, Honors Top 10 Specialists and Outstanding Service Award Recipients for Helping Heroes in Dream of Homeownership

Nation’s Largest Hero Savings Program, Homes for Heroes, Honors Top 10 Specialists and Outstanding Service Award Recipients for Helping Heroes in Dream of Homeownership

Homes for Heroes is proud to recognize their top 10 real estate and lending specialists across the country for 2016 as well as the recipients of their Outstanding Service Award. These individuals’ determination and passion for helping heroes has made the dream of home ownership more... - February 28, 2017 - Homes for Heroes

Abe Releases Linc, a White-Label Money Management Chatbot for Banks

Abe Releases Linc, a White-Label Money Management Chatbot for Banks

Linc is an AI-powered virtual financial assistant that enables banks to engage their customers on leading messaging platforms. - February 28, 2017 - Abe

NominoData Enhances Automation of Due Diligence Solution One Click Compliance. Now Includes Dynamic Negative News and Sanctions Status Updating.

NominoData has released an enhancement of their Due Diligence solution named One Click Compliance. One Click Compliance now features automated updating of Negative News and Sanctions inquires. This once/done and renew function increases the efficient use of valuable bank resources. One Click... - February 24, 2017 - NominoData LLC

GSF Mortgage Corp. Makes Its Mark in “The City of Invention,” Welcomes Akron Office

GSF Mortgage Corp. is pleased to announce the addition of an Akron, Ohio office. The new team expands GSF’s footprint in the Midwestern market, and includes both newcomers, as well as industry veterans eager to share their breadth of mortgage experience with residents living in The City of... - February 24, 2017 - GoGSF

NominoData LLC Announces Release of Global Politically Exposed Persons Data File

NominoData announces release of Global Politically Exposed Person data file. This global file enhances NominoData's PEPS Plus solution that contains in excess of 8 million PEPS and their associates. Additionally, this Global list is further enhanced by a US domestic PEPS data file. - February 23, 2017 - NominoData LLC

CU Texting Partners with Cloud Texting Provider - TextMyBiz

CU Texting, a SMS sourcing vendor for Credit Unions, announces its partnership with TextMyBiz, a Cloud provider of two-way text messaging from your landline or 800 number. “Our partnership with TextMyBiz will place CU Texting in position to better serve Credit Unions who are adding SMS and... - February 23, 2017 - CU Texting

GBS Becomes Only TPA Designated AM Best’s “Expert Service Provider" 12 Consecutive Times

GBS Becomes Only TPA Designated AM Best’s “Expert Service Provider" 12 Consecutive Times

Group Benefit Services (GBS) announces that AM Best Company has branded GBS as a client recommended, “Expert Service Provider” for the 12th consecutive year. GBS is the only Third Party Administrator (TPA) to achieve this designation 12 consecutive times. President and CEO of GBS James... - February 20, 2017 - Group Benefit Services, Inc.

Qualtrust Credit Union and Texas Trust Credit Union Intend to Merge

Two North Texas credit unions agree to merge. Arlington-based Texas Trust and Las Colinas-based Qualtrust will have combined assets of $1.2 billion. - February 16, 2017 - Texas Trust Credit Union

SAFE Federal Credit Union Names Jim Rasmus Its VP of Human Resources

Jim Rasmus joined the South Carolina credit union, SAFE Federal, as its VP of HR. - February 16, 2017 - SAFE Federal Credit Union

Mars National Bank Sponsors Free First Time Homebuyer Event Attendees to Learn About Grants Towards Down Payments

Mars National Bank is sponsoring a First Time Homebuyer Event on Saturday, March 11, 2017 from 9:00am - Noon at the DoubleTree Cranberry 910 Sheraton Drive, Mars, Pennsylvania, 16046. - February 15, 2017 - Mars Bank

Keystone Financial Solutions Explains How to Resolve IRS Tax Debt Problems

Keystone Financial Solutions Explains How to Resolve IRS Tax Debt Problems

Frank and Bryan Haarlander explain in easy to understand terms how the IRS collection system works, what is meant by "offer in compromise" and other tax resolution alternatives such as installment sales, abatement of penalties, and currently not collectible. If you are considering representing yourself before the IRS or are looking for a firm to represent you, this is a must read. - February 14, 2017 - Keystone Financial Solutions, Inc.

PaymentComponents Ltd Announces It's Partnering with Infosistema for the Iberia Region

PaymentComponents Ltd proudly announces the establishment of a strategic partnership with Infosistema for the Iberia region. This partnership will, among others, empower Banks, in Portugal & Spain, to become PSD2 compliant in record time! - February 12, 2017 - PaymentComponents

GSF Mortgage Names Obermeier VP of Retail Branch Development

GSF Mortgage Names Obermeier VP of Retail Branch Development

GSF Mortgage Corp. is pleased to name Rich Obermeier as VP of Retail Branch Development. He previously served as the company’s business development manager and will continue to increase GoGSF’s footprint nationwide by recruiting talented branch managers, mortgage loan originators,... - February 10, 2017 - GoGSF

Latest Mobile Money and Agent Banking Technologies on Show at This Month's Summit in Myanmar

The latest cutting-edge technologies and innovative solutions for the mobile telecommunications and banking sectors will be showcased this month at the 8th Mobile Money & Agent Banking Summit 2017 to be held on February 21-22 at the Park Royal Hotel in Yangon, Myanmar. The Exhibition is being... - February 10, 2017 - Magenta Global Pte Ltd

Local Financial Professionals Don Bergis and Jared Elson Receive Prestigious Sales Award

Area licensed investment advisors and insurance professionals Don Bergis and Jared Elson received a rare honor in January when they were inducted into Advisors Excel’s Hall of Fame. The ceremony took place during Advisors Excel’s 2017 World Series of Sales Awards Night in San Diego,... - February 09, 2017 - Regent Wealth Management

Texas Trust Credit Union Delivers Financial Literacy Training to Unmanned Aircraft Systems Students

The Arlington Chamber of Commerce Foundation Selected Texas Trust to provide financial education training to students of its pilot drone program. - February 09, 2017 - Texas Trust Credit Union

GBS Announces the Launch of a Highly Advanced Cloud-Based Web Portal

GBS Announces the Launch of a Highly Advanced Cloud-Based Web Portal

Group Benefit Services (GBS) announces the release of their next generation highly advanced cloud-based web portal for PC and mobile devices. - February 07, 2017 - Group Benefit Services, Inc.

CU Texting Launches SMS Vendor Sourcing for Credit Unions

CU Texting, a vendor sourcing consulting firm with two-way SMS core competency, announces the launch of www.cutexting.com. The service is designed for Credit Unions seeking landline text messaging solutions for contact center, member services, and loan servicing use cases. "Credit Unions hear... - February 06, 2017 - CU Texting

Property Owners Risk Paying Too Much When They Don't Appeal Taxes

Property Owners Risk Paying Too Much When They Don't Appeal Taxes

Action on This Month's Bill Can Glean a Reduction, Kensington Advises - February 03, 2017 - Kensington Research & Recovery

Texas Trust Credit Union Achieves $1 Billion in Assets

Texas Trust Credit Union hit the $1 Billion mark in assets at the end of 2016. Since 2011 the CU grew its real estate lending 26%, auto lending 204%, credit cards 127% and membership 66%. - February 03, 2017 - Texas Trust Credit Union

Credit Union Desert Schools Puts Voice of Customer in the Forefront; Signs Up with Customer Experience Platform CloudCherry

Credit Union Desert Schools Puts Voice of Customer in the Forefront; Signs Up with Customer Experience Platform CloudCherry

Arizona-based Credit Union, Desert Schools, signs up with Real-time and Omni-channel Customer Experience Management platform, CloudCherry to bolster its overall member experience strategy. - February 02, 2017 - CloudCherry

Tennessee Credit Union Leaves ATM Hassles Behind, Turning Management Over to ATM Cinch & Dolphin Debit

Blue Cross Blue Shield of Tennessee Employees Credit Union has outsourced its ATMs to Houston-based Dolphin Debit. - February 01, 2017 - Dolphin Debit

NominoData Releases New 2017 Marijuana Related Business Data Solution for Financial Services Pertaining to MRB Due Diligence and Risk Management

NominoData announced today the release of the updated Marijuana data solution that contains MRB and Beneficial Owner information for MRBs in the 28+ "legalized" states. This data solution empowers compliance officers to maximize their MRB related due diligence and risk programs. - January 28, 2017 - NominoData LLC

HIDTA/HIFCA 2017 Database Now Available from Nominodata

HIDTA/HIFCA Compliance & Risk Rating Zipcode Database now available from NominoData. - January 28, 2017 - NominoData LLC

Major Opportunities for Household Insurance Market in U.K. Leads to Growth Rate at CAGR of 0.8% by 2020

Report titled "Household Insurance Market" has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. - January 27, 2017 - Market Research Hub

Strathmore’s Who’s Who Honors Marilyn A. Tsilimparis as a 2017 Roundtable Member

Strathmore’s Who’s Who Honors Marilyn A. Tsilimparis as a 2017 Roundtable Member

Marilyn A. Tsilimparis, of Massillon, Ohio, has recently been recognized as a 2017 Member of Strathmore’s Who’s Who Roundtable for her outstanding contributions and achievements in the field of Banking and Credit Services. - January 26, 2017 - Strathmore Who's Who

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