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.

Berkeley College Selects iGrad to Enhance Financial Literacy Efforts

Berkeley College Selects iGrad to Enhance Financial Literacy Efforts

Higher education embraces online adaptive learning to ensure students succeed in making wise financial decisions. - February 24, 2016 - iGrad

The Master "Do It Yourself" Credit Repair Guide Just Released for Free

Fort Lauderdale, FL based credit repair and identity theft firm, The Credit Cleaners, LLC and their President Ryan Hatch are excited to announce the release of their "Do it yourself" master guide to credit repair. This 62 page "do it yourself" manual was created for mass... - February 22, 2016 - The Credit Cleaners, LLC

Nick Fortune on the Secrets of the Wealthy | Fortune DNA

Tax strategist, keynote speaker, and seasoned entrepreneur Nick Fortune talks about why the wealthy are so wealthy, and how businesses become successful. - February 18, 2016 - Fortune DNA

GSF Mortgage Welcomes Seasoned Branch in Punta Gorda, Florida

GSF Mortgage is pleased to welcome an experienced mortgage loan origination team in Punta Gorda, Florida. Leading the team is Branch Manager Rodney Massie. Joining him are mortgage loan originators Christina Napoleon, Kirk Velez and Kym Citera; Business Development Manager Josh Bartlett; Processor... - February 18, 2016 - GoGSF

AccuQuote and InsuraMatch Launch New Insurance Sales and Marketing Partnership

AccuQuote and InsuraMatch announced the formation of a new marketing and sales partnership. The companies’ partnership offers prospects and clients of each streamlined access to the other’s products and services. AccuQuote offers Life Insurance products while InsuraMatch is in the Property Casualty market. - February 17, 2016 - InsuraMatch

Wildflower Group is Helping Women in Transition Across the Nation and Has Garnered National Attention

Wildflower Group is Helping Women in Transition Across the Nation and Has Garnered National Attention

With the divorce rate at 50% and 3 out of 4 women ultimately widowed there is an overwhelming number of women who need support. Founded in 2006, Wildflower Group is a national network of professionals dedicated to empowering women in these circumstances. Women-in-transition frequently experience a substantial reduction in their financial position and, prior to making new life decisions, must prepare for the economic challenges they encounter. Wildflower Group offers help in these areas. - February 16, 2016 - The Wildflower Group

UAE Exchange Offers Career Opportunities and Taleem for Emiratis

Career fairs have always provided a dynamic platform for the recruiters and job seekers. One such traditionally successful fair is the National Career Exhibition held from 10th to 12th February, 2016. One of the regular recruiters who actively participated at the fair is UAE Exchange, the leading... - February 14, 2016 - UAE Exchange

Congress Passes Legislation to Curb Effects of Operation Choke Point

Congress passed legislation that will attempt to curb the reach of Operation Choke Point. Operation Choke Point is an effort by the federal government to ferret out banking industry fraud. Many feel that the federal policy resulted in the targeting of banks doing business with payday lenders and firearms dealers. Regardless of the end of the legislative battle, banks must deploy quality due diligence tools for Know Your Customer processes. NominoData LLC offers numerous Due Diligence solutions. - February 11, 2016 - NominoData LLC

BDA Advises OMNOVA Solutions on the Sale of OMNOVA India to Apcotex Industries

BDA Partners is pleased to announce that its client, OMNOVA Solutions Inc. (NYSE: OMN) a global leading provider of emulsion polymers and specialty chemicals, has sold its rubber manufacturing business in India to Apcotex Industries Limited (“Apcotex”), an India-based leading provider... - February 10, 2016 - BDA Partners Ltd

Keypasco Announces New Chief Technology Officer

2015 was a great year; with success on several markets and a wide range of new features Keypasco is moving into an expansion phase. - February 10, 2016 - Keypasco

Harvey A. Schmitt Joins Paragon Bank’s Board of Directors

Former Greater Raleigh Chamber of Commerce President Joins Expanding Team of Directors for Bank. - February 06, 2016 - Paragon Bank

Strathmore’s Who’s Who Honors Michael S. Stachowski as Professional of the Year

Michael S. Stachowski, of Kansas City, Missouri, has recently been honored as a Professional of the Year 2016 by Strathmore’s Who’s Who for his outstanding contributions and achievements in the field of Financial Planning. - February 05, 2016 - Strathmore Who's Who

HIDTA Designated Areas Added by U.S. Government; NominoData Releases New Updated Version of HIDTA/HIFCA Data Solution

NominoData has updated and released the newest version of the HITDA/HIFCA data solution that is critical for financial institutions for compliance and risk rating requirements. Fourteen (14) new HIDTA counties have just been designated by the U.S. Government. NominoData has added these new counties... - February 05, 2016 - NominoData LLC

Construction Loans Indicate Improving Economy

SBA Lender cites ongoing trend as reason for hope in 2016. - February 05, 2016 - Mercantile Capital Corporation

Zeus Mortgage Launches New Website Debuting a More User-Friendly Experience

Zeus Mortgage is pleased to announce the launch of its fully redesigned website www.AskZeus.com. The new site has extensive content, including updated features and services. Zeus’ website is designed to assist new and existing homeowners, as well as real estate investors in locating and... - February 04, 2016 - Studio Brand Collective

The Website and Domain Address EquityCrowdfunding.com Has Hit the Market

EquityCrowdfunding.com represents a great opportunity for a company with the vision and interest to lead this market worldwide. This is a multi-million dollar name, within a market that is growing exponentially. Equity Crowdfunding is a total game changer in the Fintech world. There are many platforms out-there and more to come. Having a good plan, team and content is not enough. When it comes to Branding, Social Media, SEO, Market Size, avoiding competition, it's unmatchable! - February 03, 2016 - EquityCrowdfunding.com

GASB 53 Reporting and Effectiveness Testing Made Easy with pasVal

GASB 53 Reporting and Effectiveness Testing Made Easy with pasVal

Principia Partners, a leading solution provider for derivative and structured finance operations, today announced the launch of its GASB 53 service to greatly reduce the efforts state and local governments expend complying with this standard. The service includes comprehensive hedge effectiveness... - February 03, 2016 - Principia Partners LLC

Dolphin Debit Revenue Climbed 18% in 2015 as It Serviced More ATMs, Generated 24% Transaction Growth

EMV chip cards and other regulatory burdens are driving credit unions and banks to outsource their ATM fleets according to Dolphin Debit. The number of ATMs Dolphin operates climbed 22 percent in 2015. - February 03, 2016 - Dolphin Debit

On the Move Corporation Ends January with Three New Closings on South Florida Convenience Stores/Gas Stations

On the Move Corporation Ends January with Three New Closings on South Florida Convenience Stores/Gas Stations

On the Move Corporation (“OTM”) announced today that it has closed on three convenience stores/gas stations in South Florida to add to the On the Move brand. These units, located in Jupiter, Wellington and Boynton Beach are in addition to the two units they opened in Royal Palm Beach,... - February 02, 2016 - On the Move Corporation

GSF Mortgage Named Top Mortgage Employer for Second Year

GSF Mortgage Named Top Mortgage Employer for Second Year

GSF Mortgage is honored to be named among National Mortgage Professional magazine’s Top Mortgage Employers for the second year in row. This list is comprised of America’s top 100 mortgage companies nationwide. The National Mortgage Professional polled readers about their employers... - February 02, 2016 - GoGSF

UAE Exchange Presents US$100,000 to "Send Dirhams – Win Dollars" Winner

5 grand prize winners presented with US$10,000; 50 lucky winners presented with US$1000 - January 30, 2016 - UAE Exchange

Ephraim Global Study Uncovers Connection Between Inheritances and Retirement Readiness

Transferring assets by way of life insurance can beneficially impact the future generations’ pension outlook. - January 29, 2016 - Ephraim Global

Crowdfunding: Peer-to-Peer Lending Worth 11 Billion Dollars Worldwide

Peer-to-peer lending - or in other words, the direct offer of credit, without intermediaries, online by potential investors to individuals and companies interested in receiving financing - is seeing a rapid expansion on a global scale. So much so that in 2014, the overall volume of resources exchanged was 11 billion dollars, representing over two-thirds of the total of so-called "crowdfunding" activities. - January 29, 2016 - CRIF

Engraved Bitcoin Offered to CoinrReverse Customers

Coin Reverse Inc. is now offering an engraved Bitcoin to their customers. - January 28, 2016 - Coin Reverse Inc.

Infinity International Processing Services Inc. Announcements

Infinity International Processing Services, Inc. is excited to announce the addition of Rick Bissen as Senior Vice President in the Sales and Corporate Development Divisions and Eric Christensen as EVP of Sales and Marketing. - January 28, 2016 - Infinity International Processing Services, Inc.

Dolphin Debit Aiding Credit Unions and Banks in Transition to Chip Card-Enabled ATMs

Financial institutions need to prepare for the Oct. 2016 EMV ATM deadline by upgrading their ATMs to the new standard. Dolphin Debit has created a video to help educate consumers about the new EMV chip card-enabled ATMs. - January 28, 2016 - Dolphin Debit

NominoData LLC Announces Participation at ACAMS International AML and Financial Crimes Conference

NominoData LLC announced today that the data solutions company will once again be participating as a vendor at the ACAMS International AML and Financial Crimes conference to be held on April 11-13, 2016. NominoData will be releasing the new updated version of Negative News Plus formally named... - January 27, 2016 - NominoData LLC

NominoData President Robert Goldfinger Joins Speaker Faculty for the ACAMS International AML and Financial Crimes Conference in Hollywood Florida on April 11-13, 2016

NominoData is pleased to announce that Robert Goldfinger, President of NominoData LLC will be speaking at the International AML and Financial Crimes conference taking place on April 11-13th, 2016 in Hollywood Florida. Mr. Goldfinger will be presenting expert subject matter information pertaining to... - January 27, 2016 - NominoData LLC

Lifting of Iran Sanctions Enhances Need for Negative News Due Diligence

The January 16, 2016 implementation day action plan pertaining to sanctions imposed on Iran has resulted in the adjustment of how and when global businesses and individuals can conduct business with Iran, Iranian business entities and individuals associated with Iranian business activity. This... - January 27, 2016 - NominoData LLC

CoinReverse Provides Online and Automatic Instant Payment Platform for Bitcoin Traders

CoinReverse Provides Online and Automatic Instant Payment Platform for Bitcoin Traders

Coin Reverse Inc. is now providing to their customers an automatic platform and a market break-through offer - January 25, 2016 - Coin Reverse Inc.

Absolute Capital Launches Two New Mutual Funds

Absolute Capital Launches Two New Mutual Funds

Absolute Capital has launched two new mutual funds which offer active management in response to changing market conditions. The strategies provide for market participation with a focus on risk management. The Absolute Capital Asset Allocator Fund and Absolute Capital Defender Fund are managed by... - January 25, 2016 - Absolute Capital Portfolio Management Group

Madison Street Capital Senior Managing Director, Karl D’Cunha to Speak at 10th Annual Distressed Investing Summit

Madison Street Capital Senior Managing Director, Karl D’Cunha to Speak at 10th Annual Distressed Investing Summit

Karl D’Cunha, Senior Managing Director at Madison Street Capital, will be a panelist at the upcoming 10th Annual Distressed Investing Summit on January 28, 2016 at the Colony Hotel in Palm Beach. Mr. D’Cunha will be sitting alongside other industry experts at the Stalwarts Roundtable,... - January 25, 2016 - Madison Street Capital

CoinReverse Platform is Now Paying 15% More for Bitcoins to Their Customers

The cryptocurrency trader (www.coinreverse.com) based in New York is taking a bold strategy within the current Bitcoin market conditions. While the price of Bitcoin is slowly but continuously going down, CoinReverse is still purchasing Bitcoin for even higher amounts than those they were offering... - January 22, 2016 - Coin Reverse Inc.

Consumers Interstate Corporation Names Ivan Owen 2015 Salesperson of the Year

Consumers Interstate Corporation Names Ivan Owen 2015 Salesperson of the Year

Consumers Interstate Corporation (CIC) of Norwich, Connecticut is pleased to announce that Ivan Owen has been named the recipient of the esteemed Salesperson of the Year award, for the second year in a row. The announcement was made by Kenn Fischburg, CIC’s CEO and Owner, at a company-wide... - January 22, 2016 - Consumers Interstate Corporation

Platinumetrix Appoints Nalin Bakhle as VP Marketing and Communications

Platinumetrix, one of the top emerging global providers of analytics and decision sciences has recently appointed Nalin Bakhle as VP of Marketing and Communication. Nalin brings over 25 years’ experience in marketing and communications in U.S., Canada and India in a career that spans... - January 21, 2016 - Platinumetrix

Touch Bank's Annual Results

Having launched its operations in April 2015, Touch Bank, a retail online bank of the international financial group OTP, has signed up some 50,000 customers in more than 85 Russian cities by the end of the year. Its deposit volumes have exceeded RUB 1 bn. - January 21, 2016 - Touch Bank

Financial Technology Startup OnTrajectory Launches

OnTrajectory.com is a financial technology startup that has created a high-fidelity financial planner that maps out users’ financial trajectories using income(s), investments, assets, and expenses all in one graph displaying a user's financial future. The software is fully functional via web... - January 20, 2016 - OnTrajectory.com

Strathmore’s Who’s Who Honors Marilyn A. Tsilimparis as 2016 Professional of the Year

Strathmore’s Who’s Who Honors Marilyn A. Tsilimparis as 2016 Professional of the Year

Marilyn A. Tsilimparis, of Brooklyn, New York, has recently been recognized as a 2016 Professional of the Year by Strathmore’s Who’s Who for her outstanding contributions and achievements in the field of Banking and Credit Services. - January 19, 2016 - Strathmore Who's Who

“Drivers For Change: Millennials, Digital, Personalization” 11th Annual Industry Coupon Conference Set for April 19-21 in Charlotte, N.C.

The Only National Conference in 2016 Dedicated Exclusively to Coupons; Explore trending issues including millennial habits, emerging technologies, and shifting share of wallet in retail and online channels - January 18, 2016 - Association of Coupon Professionals

On the Move Corporation Ends Year with Opening of Convenience Stores/Gas Stations in Royal Palm Beach, Florida

On the Move Corporation Ends Year with Opening of Convenience Stores/Gas Stations in Royal Palm Beach, Florida

On the Move Corporation (“OTM”) announced today that it had entered into leases to operate two convenience stores/gas stations in Royal Palm Beach, Florida on under the On the Move brand. This announcement comes on the heels of the company's previous press release stating the completion... - January 18, 2016 - On the Move Corporation

SPAN Now Certified for PCI DSS Compliance

SPAN Infotech (India) Pvt. Ltd. is certified as PCI-DSS compliant for the Payment Card Industry Data Security Standard Version 3.1. SPAN is one of the leading Payment Card Industry service provider in the global markets. The PCI-DSS compliance certification is one of the most rigorous security standards globally. SPAN is now reckoned among a few global organizations who also have the industry-coveted PCI-DSS certification. - January 18, 2016 - SPAN Infotech (India) Pvt. Ltd.

St. Louis-Based the Travelers Protective Association Presents Grant to Member

Pennsylvania woman awarded $1,000 grant. - January 17, 2016 - Travelers Protective Association

Penn Community Bank Presents $32,500 in Donations to Bucks County Nonprofits

Funds will be used to support affordable housing and education initiatives across Bucks County - January 17, 2016 - Penn Community Bank

President of The Personal CFO, Inc Says That Market Risk is Not the Most Important Risk to Investors

Author David Disraeli and prominent financial advisers says that identity theft and the risk of losing assets to a judgment creditor may be more important than market risk. - January 15, 2016 - The Personal CFO, Inc.

Ministry of Education, Culture and Sports of Spain (MECD) Has Signed an Agreement with the US Financial Company, Financial Hills Latin America (fhlatinoamerica.com)

Ministry of Education, Culture and Sports of Spain (MECD), has signed an agreement between workers and the US financial company, Financial Hills Latin America, (www.financialhills.com) in which, every Spanish employee in MECD can open a CD (certificate of deposit or plazo fijo in Spanish) with... - January 14, 2016 - Financial Hills Latinoamerica

Traders Nation Airs: Global Financial Warriors - The Untold Story of International Finance in the Post-9/11 World

Kurt Schemers with Former Treasury Under Secretary John B. Taylor. Taylor was sworn in as head of the U.S. Treasury Department's international finance division just three months prior to 9/11, and he soon found himself at the center of the war on terror. Schemers and Taylor take you inside the... - January 14, 2016 - Traders Nation

Philadelphia's First Bitcoin Condo Offering

Philadelphia's First Bitcoin Condo Offering

Susanna Kunkel, Realtor with Phillyliving.com at Keller Williams announces Philly's first bitcoin condo offering, especially designed to accommodate live/work lifestyle for entrepeneur start-ups. Unique architecture, abundant natural light and open, flexible work space make it ideal for a home based high tech business. Add to that a large garage space with room for 2 cars, bikes and storage. - January 13, 2016 - PhillyLiving.com

Insight Wealth Partners Brings on Executive Financial Advisor

Insight Wealth Partners continues to grow with the addition of former financial services executive, Brian Finnigan, AIF®, as financial advisor. - January 13, 2016 - Insight Wealth Partners

Coastal Community And Teachers Credit Union Turns to Dolphin Debit to Manage Its ATMs

Coastal Community And Teachers Credit Union has turned over management of its ATMs to Dolphin Debit. - January 13, 2016 - Dolphin Debit

BDA Advises AnaJet on Its Sale to Ricoh

BDA Partners is pleased to announce that its client, AnaJet LLC ("AnaJet"), a leading US provider of direct-to-garment printers, has been sold by Chicago Growth Partners, a private equity group, to Ricoh Company Ltd ("Ricoh"), one of Japan's leading printing and imaging... - January 12, 2016 - BDA Partners Ltd

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