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.
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
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
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 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
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
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
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
BCU Doubles Down on Financial Wellness with Enrich Education Platform
Partnership to produce financial well-being command center for Credit Union members. - January 26, 2017 - iGrad
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
Dixon Sewell Joins PrivatePlus Mortgage
Veteran mortgage banker Dixon Sewell has been named Senior Vice President and Regional Manager for PrivatePlus Mortgage, with responsibility for Georgia mortgage operations. - January 24, 2017 - PrivatePlus Mortgage
Trinity Street Capital Partners (TSCP) 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 $13MM blanket, first mortgage on two limited service hospitality properties. The hotels were flagged as a Hampton Inn, by Hilton and Spring Hill Suites, by Marriott and located in New Bern, NC. - January 24, 2017 - Trinity Street Capital Partners
Season Two of CNBC's "Blue Collar Millionaires" Continues January 25th with Ohio Businessman
Energy Entrepreneur and American Inspiration Stephen L. Hightower to be Featured in a Half Hour Expose; His Struggle and His American Dream. - January 21, 2017 - Stephen L. Hightower
ClientWhys' TaxBuzz.com Releases Its Top 50 Best-Reviewed Tax and Accounting Professionals of 2016
When finding tax and accounting help, it can be hard to determine who is a superstar and who is nonresponsive. The TaxBuzz Top 50 recognizes the best-reviewed and highest-rated CPAs, EAs and tax professionals of 2016. This year’s list is headlined by Dennis O’Connor, EA, from San Diego... - January 18, 2017 - ClientWhys, Inc.
“Senior Symposium Series” to Educate Kansas City Senior Homeowners Sponsored by Midwest Heritage Homes, Senior Division
Get estate liquidation questions answered at an upcoming free seminar featuring industry experts who know the secrets to liquidating your excess “stuff”! - January 18, 2017 - Midwest Heritage Homes Team, Keller Williams Platinum Partners
Trinity Street Capital Partners is Hiring
Trinity Street Capital Partners is hiring for new Commercial Mortgage Origination positions in Miami, FL / Washington, DC/ Boston, MA/ Atlanta, GA and Charlotte, NC. - January 17, 2017 - Trinity Street Capital Partners
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
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 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
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