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.
Cedar Brooks’ Howard Slater Coaches Teens on Financial Literacy
Howard Slater, partner and principal of Cedar Brook Financial Group, and consummate volunteer devoted to teaching financial literacy to students, completed courses at two Cleveland schools. - May 16, 2016 - Cedar Brook Financial Partners LLC
Nikko-Desjardins Asset Management: Scott Morison Insinuates a Tax Cut, Says It's Part of an "Economic Plan"
Scott Morrison, the Treasurer of Australia, recently made a statement saying that his first budget will be unlike any budgets that Australia has seen. Morrison hinted towards a tax cut and said that he plans to increase education spending. - May 14, 2016 - Nikko-Desjardins Asset Management
Marc Cormier Named Top Real Estate Agent
Marc Cormier joins the ranks of the region’s foremost real estate agents in a new magazine listing. - May 12, 2016 - Tania Ivey Real Estate Group part of BHHS
Fifth Column Capital, LLC Partners with GetClams.com Crytocurrency Project - Invests $23M
Fifth Column Capital, LLC was formed in April of this year with an initial round of funding of $23,000,000.00 for the sole purpose of partnering with GetClams.com, specifically for marketing. It will be invested in ways to radically increase market penetration and adoption of CLAMS-GCS Virtual Currency. Its marketing road map includes investing in global Merchant and ATM Networks shortly followed by a national advertising. - May 11, 2016 - Fifth Column Capital, LLC
BDA Advises Doosan E&C on Sale of Its Heat Recovery Steam Generator Business to GE Power
BDA Partners is pleased to announce that its client, Doosan Engineering & Construction Co Ltd (“Doosan E&C”), a leading Korean construction company, has agreed to sell its heat recovery steam generator business, Doosan E&C HRSG, for KRW300bn (US$260m) to GE Power, a division... - May 11, 2016 - BDA Partners Ltd
Private Bank of Decatur Adds Asif Mujtaba to Team
Private Bank of Buckhead has named Asif Mujtaba as Senior Vice President and Relationship Manager. He will be based out of the Private Bank of Decatur location, and service customers across the Metro area. “Asif has such an accomplished banking career,” says Brent Adams, Executive Vice... - May 10, 2016 - Private Bank of Decatur
Stella Homes Forms Stella Realty Group - Joins Volusia Building Industry Association
Stella Homes, Inc Announces the Formation of Stella Realty Group a Florida Real Estate Corporation – Joins the Volusia Building Industry Association. - May 07, 2016 - Stella Homes
BDA Advises ST Kinetics on Sale of Its 60% Stake in Guizhou Jonyang Kinetics to GICAM
BDA Partners is pleased to announce that its client, Singapore Technologies Kinetics Ltd (“STK”), has signed a definitive agreement to sell its 60% stake in Guizhou Jonyang Kinetics Co Ltd (“GJK”) to Guiyang Industrial & Commercial Assets Management Co Ltd... - May 07, 2016 - BDA Partners Ltd
Penn Community Insurance Joins Alliance of Automotive Service Providers of Pennsylvania to Launch New Chapter
Subsidiary of Penn Community Bank helps launch Bucks County chapter of AASP. - May 07, 2016 - Penn Community Bank
Toastmasters of Centerville Hosts “Are You An Informed Consumer?” Workshop May 14th, 2016
Toastmasters of Centerville Public Speaking & Leadership Club, in connection with civil justice NPO, Call to Action Atlanta, introduces smart and shopper-savvy informational panel for consumers to Gwinnett County on Saturday, May 14th 2016. - May 07, 2016 - Toastmasters of Centerville Public Speaking & Leadership Club
Community and Business Leaders Named to Board of Penn Community Bank
Robert L. Byers, Ross Choate, Cheri Freeh, and Krista Pool Harper have been re-installed to board of Bucks County’s leading mutual financial institution. - May 06, 2016 - Penn Community Bank
A Program That's Changing the Way We Buy Homes
Many consumers looking to purchase a home are unaware of a new solar program that allows them to bundle solar into their mortgage during their home purchase. The program, “Solar Ready Homes,” allows qualified borrowers to exceed their loan limit by up to 20 percent for the purpose of... - May 05, 2016 - Solar Ready Homes
Axia Technology Partners Announces New Advisory Board Members; Company Adds iLAB Managing Director and Former Ontario Systems CEO
Axia Technology Partners, a leading national provider of IP technology solutions based in Indianapolis, has appointed two new members to its advisory board. Gerry Bailey, managing director of iLAB North America, and Wil Davis, former CEO of Ontario Systems LLC, will provide high-level strategic... - May 05, 2016 - Kerauno
GSF Mortgage Welcomes Mortgage Loan Originator in Southwestern Wisconsin
GSF Mortgage is pleased to welcome Kim Bussan as a mortgage loan originator in Cuba City, Wisconsin. He joins TeamGO with 19 years of mortgage industry experience and is able to lend in the tri-state area: Iowa, Illinois and Wisconsin. Bussan’s focus will be on advertising and working with... - May 05, 2016 - GoGSF
University of Maryland Partners with iGrad for Financial Literacy Education
The University will integrate the award-winning online platform to ensure students succeed in making effective financial decisions. - May 04, 2016 - iGrad
IASG Launches Broker Dealer to Serve an Expanding Audience for Managed Futures
IASG Alternatives LLC is an independent and highly specialized financial services group that provides access to a premier platform of managed futures investments designed to meet the needs of sophisticated investors. - May 04, 2016 - IASG Alternatives LLC
New President for T.E. Johnson and Sons
T.E. Johnson and Sons, an investment real estate company, announces the election of Phillip W. Johnson, Jr. as the new president of the firm. This continues a hundred year family corporate legacy of a real estate firm assisting customers and owners. Phillip, currently serves as the Vice President... - May 03, 2016 - T.E. Johnson & Sons
Equiant Names Mike Wright as Director of Information Technology
Equiant, a Scottsdale, Ariz.-based receivables servicing provider, has named Mike Wright as director of information technology, positioning the company to continue its recent advances in information security and digital data management. "Mike has the right blend of management ability and... - May 03, 2016 - Equiant
Geo Global Disposes of U.S. Subsidiary and Implements Management Changes
Geo Global Group Ltd. (“Geo Global”), a Marshall Islands Company formerly listed on the ISDX Market in London and RB Consultancy Ltd. (“RBC”) have entered into an agreement and Geo Global Group Ltd. shuffles management and names new CEO. Former CEO becomes Chairman. - May 03, 2016 - Geo Global Group Ltd
Ferol W. Hettick Recognized as a VIP for 2016 By Strathmore's Who's Who Worldwide Publication
Ferol W. Hettick of Jackson, Mississippi has been recognized as a VIP for 2016 by Strathmore’s Who’s Who Worldwide for his outstanding contributions and achievements in the financial field. About Ferol W. Hettick Mr. Hettick has over 40 years experience and over 30 years in the field... - May 03, 2016 - Strathmore Worldwide
Mars National Bank and First Front Door Helps First Time Homebuyers
Mars National Bank is again promoting the Federal Home Loan Bank Pittsburgh’s (FHLBank) program for first time homebuyers called “First Front Door.” The program supports first time homebuyers through down payment and closing cost assistance. Through First Front Door (FFD),... - May 03, 2016 - Mars Bank
New Novel Delivers Valuable Financial Planning Information Through Experience of Young Adult
In her debut novel, entitled How Ally Found Her Financial Freedom, author Dora DeLellis integrates financial planning solutions into the life of her main character, a young professional struggling to get out of debt. Released on May 1, 2016, How Ally Found Her Financial Freedom is available for $5. - May 02, 2016 - Dora DeLellis CPA
Marketforce to Host The Future of Digital Banking on 29th & 30th June in London
Now in its 4th year, The Future of Digital Banking will bring together over 200 bankers from across the globe to discuss the key issues shaping the industry in this era of digital innovation. - May 01, 2016 - Marketforce
Annual List Names Canada’s Financial Industry Rising Stars
Twenty five wealth advisors have been recognized in a list of the industry’s most promising young professionals. - April 30, 2016 - Key Media
GSF Mortgage Welcomes Regional Manager in Ohio
GSF Mortgage is pleased to welcome Todd Pennington as a regional manager in Ohio. He is a 20-year veteran to the mortgage industry and has been involved in both the retail and wholesale arena. He has held various positions such as wholesale representative, state manager and area manager. As... - April 29, 2016 - GoGSF
SafeGuard Guaranty Launches RetirementSavings.us; New Website Designed to Help Consumers Learn About Savings for Retirement
The SafeGuard Guaranty today announced the launch of its fully featured website, www.retirementsavings.us, as a financial informational site that provides educational resources on subjects such as financial planning, insurance, and annuities, as well as helpful financial tips for retirement... - April 28, 2016 - Safeguard Guaranty
Habersham Funding: Life Insurance Act is Win for Consumers
HB 193 signed into law: Georgians who request lapse or surrender of a life policy will now be informed of alternatives; agents safe to make disclosures. - April 27, 2016 - Habersham Funding, LLC
PopIsle Becomes the First Ad Network to Pay with BitCoin
PopIsle is an advertisement network, connecting advertisers with publishers (webmasters & mobile app developers), serving pop under ads, traditional graphical and text ads in websites and mobile apps. Recently, PopIsle announced that they had expanded payment options available to publishers by adding BitCoin. - April 27, 2016 - PopIsle
Capital Services Data Scientist to Speak at FICO World
Capital Services' Chief Data Scientist, Alfred Furth, will be a featured panel speaker at FICO World, April 26-29 in Washington, D.C. Furth will share best practices for the evaluation and adoption of FICO Score 9, and describe how Capital Services uses scorecards, prediction tools, and analytics... - April 27, 2016 - Capital Services
Private Bank of Buckhead: Largest Growth and Profitability in Bank’s History
At its annual meeting April 21, shareholders of Private Bancshares, the parent company of Private Bank of Buckhead, Private Bank of Decatur and PrivatePlus Mortgage heard from President, CEO and Chairman Charlie Crawford, who noted the largest growth and profitability in the bank's history. - April 26, 2016 - Private Bank of Buckhead
April is Literacy Awareness Month-Spine Surgeon, Dr. Roderick Claybrooks, M.D., Completes Book Series; Gives Financial Freedom Tips to African American Parents & Students
"The Black Student’s Guide To Financial Success," "The Black Parent’s Guide To Financial Success," and "The Black Student’s Guide To Success," are three motivational titles, covering an array of topics for success, birthed after Dr. Claybrooks encountered several patients in the emergency rooms of Detroit that were living beneath their potential, and not maximizing their gifts. - April 26, 2016 - Dr. Roderick Claybrooks, M.D.
Capital Services Reports Continued Growth in 2015, Credits Its Expertise at Asset Generation
Capital Services credit card accounts were up 29 percent over 2014, significantly higher than the 23 percent growth the company had predicted for 2015. - April 24, 2016 - Capital Services
Penn Community Bank VP to Share Business Advice with Bucks County Entrepreneurs
Sharing financial expertise with local business owners and residents reflects Penn Community Bank’s mission. - April 23, 2016 - Penn Community Bank
Hills Invest and the National Union of Education Workers of Mexico, Have Just Signed an Agreement (hillsinvest.com)
In which Hills Invest (www.hillsinvest.com, subsidiary of Atlantic TC Bank) will be managing a retirement fund for each Mexican worker belonging to the union. Founded in 1943, it is one of the largest and most powerful of Mexico, with more than 400 thousand workers. Although this fund for... - April 22, 2016 - Hills Invest
Inaugural FinTech and Agent Banking Summit Heats Up the Mobile Money Revolution in Myanmar
The Emerging Asia FinTech & Agent Banking Summit 2016 on May 17-18 in Yangon, Myanmar - April 22, 2016 - Magenta Global Pte Ltd
Madison Street Capital Arranges $2.5MM Equity Facility for GMS-Pavilion Properties, LLC
International investment banking firm, Madison Street Capital, acted as the exclusive financial advisor in arranging a $2.5MM equity facility for its client, GMS-Pavilion Properties, LLC. Based in Bloomington, IN, GMS-Pavilion Properties is a real estate development and construction company that... - April 20, 2016 - Madison Street Capital
Seasoned Pro Joins PrivatePlus Mortgage Team
Vito Leone joins the Atlanta-based national mortgage company, and will be based out of Fort Meyers, Fla. - April 20, 2016 - PrivatePlus Mortgage
Mission Federal Credit Union Opens 30th Branch; Announces National City Branch Grand Opening Celebration
New National City Branch opens April 18; celebration planned for May 21 from 9 a.m. to 1 p.m - April 18, 2016 - Mission Federal Credit Union
Credit Union and Division of Fortune 500 Company Offer PerkUp Financial Wellness to Employees
PerkUp, the novel reward-based financial wellness program, has been put into place by the New Orleans operations of a Fortune 500 company. PerkUp partnered with Firemen's FCU to deliver its entertaining approach to financial education to the company. - April 15, 2016 - PerkUp
Banking Veteran Judy Turner Retires from Private Bank of Decatur May 31
Banking veteran Judy Turner retires May 31; her colleague Brent Adams named new President of Private Bank of Decatur. - April 14, 2016 - Private Bank of Buckhead
Further Speakers Announced by WIRED MONEY, Together with BBVA, Partnered with CrowdReviews.com
Further speakers are announced today for WIRED MONEY, together with BBVA, the fourth annual one-day summit that will take place on Thursday, June 23 at the British Museum. Confirmed speakers for 2016 include: · Baiju Bhatt, co-founder of Robinhood. Bhatt’s Robinhood is an app that... - April 14, 2016 - topseos.com
CEX.IO Bitcoin Exchange Launches Ether Trading, Adds ETH/BTC and ETH/USD Pairs
CEX.IO Bitcoin exchange launched trading Ethers, currency used by the Ethereum decentralised platform that runs smart contracts. CEX.IO users are now able to buy and sell ETH for Bitcoins and US Dollars. Following trends, CEX.IO has expanded the range of currencies traded on the exchange with... - April 13, 2016 - CEX.IO
Employee Financial Wellness Program Enrich Wins Education Program of the Year Award
Employers are partnering with workers to ease financial stress. - April 13, 2016 - iGrad
Finally Mobile Wallet Brings Fast, Easy, and Secure Financial Services to Consumers Nationwide
PayToo and City National Bank of New Jersey Announce Strategic Partnership. - April 13, 2016 - PAYTOO
Federal Court Rules in Favor John K. Baldwin and Bridge Capital Against the Government of Laos
US Court Rules in Favor of John K. Baldwin and Bridge Capital Against the Government of Laos noting that its claims were based on little more than unsupported allegations of wrongdoing” and finding that it was “essentially motivated by bad faith.” - April 12, 2016 - Bridge Capital
Private Bank of Decatur Adds Front Line Talent
Private Bank of Buckhead, which includes Private Bank of Decatur and PrivatePlus Mortgage, has added Rachel Bryant, as a Peak-Time Teller and Personal Banker. She’ll be based out of Private Bank of Decatur, serving clients across the metro area. “Rachel’s biggest asset is her... - April 11, 2016 - Private Bank of Decatur
PrivatePlus Mortgage Adds Talent Acquisition Pro, Jake McPherson
Jake McPherson joins Atlanta-based national mortgage company, bringing experience in recruiting to local and national growth efforts. - April 11, 2016 - PrivatePlus Mortgage
Private Bank of Buckhead: Welma Baer Receives Chairman’s Award
Private Bank of Buckhead, which includes Private Bank of Decatur and PrivatePlus Mortgage, recently recognized Welma Baer with its Chairman’s award. - April 10, 2016 - Private Bank of Buckhead
Penn Community Bank Creates Community Foundation, Appoints Director
Longtime Bucks County resident selected to nurture bank relationships with community organizations. - April 09, 2016 - Penn Community Bank
Looking for FinTech Training? The First FinTech School is Here
Led by Entrepreneurs & Industry Thought-Leaders, the FinTech School Seeks to Train Millions of Financial Services Professionals on the Vital FinTech Innovation Skills to Lead Digital Transformations and Launch New FinTech Products & Services - April 06, 2016 - FinTech School