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.
Digital Asset Research Announces October 2023 Crypto Exchange Vetting Results
DAR’s vetting processes bring institutional-level diligence to crypto markets and the latest vetting process results in 19 Vetted Spot Exchanges. - October 17, 2023 - Digital Asset Research
Abba Payments Ltd. Repositions Fintech Industry in Africa, Unveils the Launch of Abba Wallet
Abba Wallet offers zero deductions from account balances, no monthly fees, no hidden charges, easy access to your cash anytime, send and receive money in real-time, crowd raise funds for immediate needs and more. - October 13, 2023 - Abba Payments Ltd.
Angelo State University Launches iGrad Student Financial Literacy Platform
Multiple studies have shown that financially literate college students are more likely to graduate, perform better academically, experience less stress, have lower student loan debt and be more prepared for student loan payments after graduation. - October 05, 2023 - iGrad
New Jersey Association of Professional Mediators Seminar on November 3 Celebrates the Organization's 30th Anniversary with an Outstanding Lineup of Speakers and Panelists
The NJAPM Fall Conference features valuable information for all attendees about how to enhance their mediation practice with AI and expert advice to seek out when mediating. - October 04, 2023 - New Jersey Association of Professional Mediators
Student Loan Repayments to Resume in October: My Education Solutions Provides Student Loan Management Services for Borrowers Pressed for Time and Money
After a three-year pause, over 43 million Americans who have student loans are required to resume repayments in October. For many, adding a large expense to their monthly budget will make it difficult for them to buy homes, start businesses, and save for retirement. Foregoing monthly payments has become a serious consideration by many borrowers. However, there are options that should be considered first, including the use of Student Loan Management Firms such as My Education Solutions. - September 29, 2023 - My Education Solutions
A-Team Group Announces the Winners of Its Data Management Insight Awards - USA 2023
A-Team Group has announced the winners of its Data Management Insight Awards - USA 2023. The awards recognise both established solution vendors and innovative newcomers providing leading data management solutions, services and consultancy to capital markets participants across the USA. - September 28, 2023 - A-Team Group
CHOICE Humanitarian Collaborates with Visa and Human-I-T to Bring Technological Advancement to the Navajo Nation
Donated laptops bring accessibility and opportunities to Navajo community members in rural areas. - September 26, 2023 - CHOICE Humanitarian
Florida's VA Mortgage Center Expands to New Tampa Office
Florida's VA Mortgage Center (FLVMC) has announced their expansion to a new office in Tampa, to better serve the Florida Veteran and Active military population near MacDill AFB. - September 22, 2023 - Florida's VA Mortgage Center
Spencer Savings Bank Welcomes Sergio Musacchio as Senior Vice President and Director of Small Business Finance
Spencer Savings Bank has appointed Sergio Musacchio as Senior Vice President and Director of Small Business Finance, overseeing the bank's Small Business Lending division, implementing new lending products, maintaining a strong credit culture, and promoting team development. - September 22, 2023 - Spencer Savings Bank
Las Vegas Executive Association Explores Financial Insights at the Federal Reserve Bank Branch in Los Angeles
The Las Vegas Executive Association (LVEA) embarked on a knowledge-enhancing expedition as they visited the Federal Reserve Bank Branch in Los Angeles on Tuesday, August 22. The visit aimed to foster a deeper understanding of the financial landscape, economic policies, and the intricate workings of... - September 13, 2023 - Las Vegas Executives Association
Skyward Credit Union Celebrates 25th Anniversary of Lisa Reed, VP Independence Branch
Skyward Credit Union is proud to announce the 25th anniversary for Lisa Reed, Vice President of the Independence Branch. Skyward congratulates her on her accomplishments and dedication in supporting the community of Independence and surrounding area. Lisa has contributed to the credit... - September 13, 2023 - Skyward Credit Union
Bookminders Honored as a Top Workplace Two Years Running - Further Recognized as the Best in Efficient, Effective Work
For the second year in a row, Bookminders has been designated a Top Workplace by the Pittsburgh Post-Gazette. The organization ranked 2nd out of 61 businesses in the small company category. Bookminders was further honored with a special award recognizing effective and efficient processes, standing out among 100 companies across all divisions. The company's performance also resulted in the award of every culture badge available through this assessment. - September 10, 2023 - Bookminders Pittsburgh
BDA Advises Endeavour United on Sale of Crefact to Hiruta Kogyo
BDA Partners is pleased to announce that its client, Endeavour United, has agreed to sell Crefact to Hiruta Kogyo. The transaction is expected to close later in Q3 2023, subject to regulatory requirements and other customary closing conditions. Crefact, headquartered in Okayama, Japan, is a... - September 05, 2023 - BDA Partners Ltd
PCV Murcor Announces Marc Tatarcuk as Vice President of National Sales
PCV Murcor, a nationwide real estate valuations management company, is pleased to announce the hiring of Marc Tatarcuk to serve as Vice President of National Sales. Tatarcuk, with over 20 years in the real estate and financial services industries, will be responsible for overseeing and guiding the... - September 05, 2023 - PCV Murcor
Canada’s Weyburn Credit Union Teams Up with iGrad to Offer the Enrich Personalized Financial Wellness Program to Its Members
Enrich, which is used globally by more than 20,000 employers and more than 300 financial institutions, seeks to lower financial stress in a measurable way. - August 31, 2023 - iGrad
California Coast Credit Union Names Robert Whitton V.P. Branch Network
California Coast Credit Union, the longest serving financial institution based in San Diego, with over $3.5 billion in assets, has named Robert Whitton as Vice President of Branch Network. In his role at Cal Coast, Whitton will be responsible for the oversight, coordination, and efficiency of... - August 28, 2023 - California Coast Credit Union
NAFA Advocates Against Regulatory Overreach in SEC v. Cutter Amicus Filing
Brief Seeks to Protect Fixed Annuity Industry and Its Customers - August 25, 2023 - NAFA, National Association for Fixed Annuities
California Coast Credit Union Names Kellen Gill Chief Audit and Risk Officer
California Coast Credit Union, the longest serving financial institution based in San Diego, with over $3.5 billion in assets, has named Kellen Gill as Chief Audit and Risk Officer. In his role at Cal Coast, Gill will oversee internal audit, compliance, risk management, and legal for the credit... - August 25, 2023 - California Coast Credit Union
JKS Financial Advisors Named Forbes Best-in-State Top Financial Security Professionals
Dan Jenkins & Geoffrey Kasse rank on Forbes and SHOOK Research annual list of industry professionals - August 21, 2023 - JKS Financial
Chris Swendseid Named Chief Executive Officer, Julie Brutch Named Chief Lending Officer and Diane York Named Chief Financial Officer of Meadows Bank
Meadows Bank is pleased to announce that Chris Swendseid has accepted the position of Chief Executive Officer (CEO), Julie Brutch has been named Chief Lending Officer (CLO) and Diane York is the new Chief Financial Officer (CFO). - August 16, 2023 - Meadows Bank
BDA Advises Cornell Capital-Backed Lorom on Merger with In-Tech
BDA Partners is pleased to announce that its client, Cornell Capital, has merged its portfolio company, Lorom Holding Co, with In-Tech Holdings. - August 15, 2023 - BDA Partners Ltd
BDA Advises Advantage Partners on Sale of Wavedash to Vivid Seats
BDA Partners is pleased to announce that the funds advised by its client, Advantage Partners, have agreed to sell WD Holdings, the holding company of Wavedash to Vivid Seats. - August 08, 2023 - BDA Partners Ltd
Concord Servicing Names Kyle Derry as Chief Operating Officer
In his new role as COO, Derry will manage daily operations at Concord while implementing growth strategies to help the company meet its business objectives. - August 03, 2023 - Concord Servicing
BDA Advises Sherwin-Williams on Sale of China Architecture Paint Business to AkzoNobel
BDA Partners is pleased to announce that its client, The Sherwin-Williams Company (NYSE: SHW), has completed the divestment of its China architecture paint business, under the brand name Huarun in China, to global coatings company Akzo Nobel NV (ENXTAM:AKZA). The business is one of the leading... - August 02, 2023 - BDA Partners Ltd
BDA Advises on the Sale of MFS Technology to Victory Giant Technology
BDA Partners is pleased to announce that its client, Tree House Limited (“THL”), has entered into an agreement with Victory Giant Technology (“Victory Giant”) for the sale of MFS Technology (“MFS”) for an enterprise value of up to US$460m. BDA Partners advised... - July 31, 2023 - BDA Partners Ltd
Concord Servicing Acquires Arizona-Based Loan Servicer Equiant
As the loan servicing industry continues to consolidate, leaders at Concord and Equiant see this acquisition as the catalyst that will help them drive strategic growth – and serve their customers more efficiently and effectively. - July 31, 2023 - Concord Servicing
Local Banker Completes PA Bankers Association's School of Commercial Lending
Mars Bank’s Jennifer Klein, Assistant Vice President, Commercial Banking, recently completed coursework at the 2023 Pennsylvania Bankers Association (PA Bankers) School of Commercial Lending. - July 29, 2023 - Mars Bank
Spencer Savings Bank Awards $37,500 in Scholarships to Local High School Students
Spencer Savings Bank has awarded $37,500 in scholarships to local high school graduates in New Jersey, each receiving a $1,500 scholarship for college tuition assistance. The bank's scholarship program, which began in 2002, has awarded over $600,000 to deserving students since then. The Class of 2023 received certificates and attended a scholarship ceremony at the bank's financial center in Elmwood Park, NJ. - July 26, 2023 - Spencer Savings Bank
Wigen Financial Services LLC, and Founder James R. Wigen Announces Name Change to Independent Financial Management LLC or IFM
Wigen Financial Services LLC, a registered investment advisor representative announced today that it has changed its name to Independent Financial Management LLC or IFM. Founder of IFM, James R. Wigen, changed the name to better represent the growth his company will experience with hiring new financial advisors, and did not want them growing their business under his last name. - July 24, 2023 - Independent Financial Management LLC
BDA Wins Investment Banking Firm of the Year and Leadership Award
BDA Partners is pleased to have won Investment Banking Firm of the Year at the 14th Annual International M&A Awards. BDA Managing Partner, Euan Rellie, was awarded the 2023 M&A Advisor Leadership Award. These awards are judged by the M&A Advisor, the world’s premier leadership... - July 21, 2023 - BDA Partners Ltd
Leadership GBA Board of Directors Elects and Installs Officers and Directors
Members of the Georgia Bankers Association have elected and installed officers and five new members to the Leadership GBA Board of Directors for the 2023-2024 program year. Kelly Smith, senior vice president at First National Bank of Griffin, was installed as chair. Members elected Brad Sheffield, senior vice president and regional retail sales manager at Synovus Bank in Statesboro, as chair-elect. Bill Hogan, senior credit officer at Northeast Georgia Bank in Lavonia, was elected vice chair. - July 20, 2023 - Georgia Bankers Association
Indiana University Online Launches iGrad Student Financial Literacy Platform
Research shows that student financial literacy programs like iGrad can decrease financial stress, improve academic performance and teach students how to manage their finances for a lifetime. - July 17, 2023 - iGrad
iGrad Partners with Foot Locker to Offer Enrich Personalized Financial Wellness Program to Almost 50,000 Global Employees
Enrich is one of the only financial wellness programs to offer a global product that allows multinational employers to implement one consistent, highly personalized financial wellness solution for employees in different countries. - July 14, 2023 - iGrad
PCV Murcor Added to Fannie Mae’s Approved Service Provider List for Value Acceptance + Property Data
PCV Murcor Now Offering Fannie Mae Value Acceptance + Property Data Collection with Our Nationwide Coverage. - July 11, 2023 - PCV Murcor
VCASH Launches Central Bank of Nigeria eNaira API for International Money Transfer Operators
VCASH, a leading fintech company in Nigeria, has announced the launch of its eNaira API for International Money Transfer Operators (IMTOs). The API enables IMTOs to transfer money directly into the eNaira wallets of recipients in Nigeria without intermediaries or delays. The funds can also be sent to any of the 200+ financial institutions in Nigeria, including banks and mobile wallets, in real-time, on the mobile app, web, or via their API. - July 04, 2023 - VTNetwork Limited
GBA Elects and Installs Officers and Directors to Its Board
Georgia Bankers Association (GBA) members have elected and installed officers for the 2023-2024 fiscal year and added eight members to its board of directors. At the 131st GBA Annual Meeting on June 20, Kimberli (Kim) D. Wilson, president and CEO OneSouth Bank, Macon, was installed as the 134th... - July 02, 2023 - Georgia Bankers Association
United Capital is Pleased to Announce the Completion of a $500k Line of Credit Facility for an AI-Driven Case-to-Nurse Matching Technology Customer
United Capital sources funding for health services technology customer. - June 30, 2023 - United Capital Partners
Spencer Savings Bank Promotes Angelica Kline to Vice President, Customer Service Manager
Spencer Savings Bank is pleased to announce the promotion of Angelica Kline to Vice President, Customer Service Manager. Kline is responsible for leading the customer service center team in delivering outstanding customer service and support to all bank customers, as well as the daily operations... - June 30, 2023 - Spencer Savings Bank
ProTitleUSA Acquires a Cook County, IL Research Firm
ProTitleUSA has recently acquired all assets of ARC Document Research, Inc., a title research and "boots on the ground" firm covering Cook county, IL and surrounding counties. - June 14, 2023 - ProTitleUSA
Home Sale Assured Introduces Key Strategic Bridge Funding Partner
Creator of the Put-Option Real Estate Contract adds key liquidity opportunity to its product offering through The Mark Maimon Team. - June 13, 2023 - Home Sale Assured
New Payroll Service Quote Tool
Corporate Payroll Services, one of the largest independent payroll providers in the U.S. with over 7,000 business customers, has released a new online tool for anyone to get an instant quote for their payroll services. - June 13, 2023 - Corporate Payroll Services
Paybackeasy Aims to Educate the People About the Current Financial Scenario to Save Them from Becoming Victims of Illicit Transactions
Paybackeasy, a trailblazing company specializing in Funds recovery services, is revolutionizing the financial landscape by empowering individuals to regain control over their assets. The platform is set to become the go-to platform for individuals seeking guidance on how they can save their assets... - June 12, 2023 - Payback LLC Funds Recovery Company
A-Team Group Names Winners of TradingTech Insight Awards – USA 2023
A-Team Group announced the winners of its acclaimed TradingTech Insight (TTI) Awards USA today. The annual awards celebrate excellence in trading solutions and services for capital markets, and focus on vendors providing exceptional trading infrastructure, trading technology, and data... - June 08, 2023 - A-Team Group
Group Plan Systems adds Envestnet Retirement Solutions as 3(38) to PEP
Group Plan Systems, LLC (GPS), an independent fiduciary for employer-sponsored retirement plans, has added Envestnet Retirement Solutions (ERS) as another ERISA 3(38) fiduciary option for banks, broker-dealers, and investment advisers looking to outsource investment management for employers... - May 27, 2023 - Group Plan Systems
The Oldest British Bitcoin Exchange Celebrates Its 10 Year Anniversary
Bittylicious hits its first decade in style this week and is one of the true OGs on the bitcoin block. - May 23, 2023 - Bittylicious
Zeta & Featurespace to Build Nextgen Issuer Processing in the US Banking & Finance Sector
Zeta, a leading card issuer processor, is thrilled to announce its strategic partnership with Featurespace, a global leader in fraud prevention and risk management. This collaboration aims to deliver advancements in issuer processing within the US banking and finance industry. - May 20, 2023 - Zeta
iGrad Recognized with 2023 Organization of the Year Award by the Institute for Financial Literacy
The San Diego financial wellness education company provides customized and interactive financial wellness solutions to more than 2.7 million students at 650 colleges and universities, over 20,000 employers and over 300 financial institutions. - May 17, 2023 - iGrad
Spencer Savings Bank Welcomes New Union County Market Manager
Ana Rodrigues is joining Spencer Savings Bank as its new Market Manager in Union County, New Jersey. She will lead the overall success of the bank's Union County teams and be responsible for overall team management and business development. She has over 10 years of experience in the banking and real estate investment industries and is fluent in Spanish and Portuguese. - May 17, 2023 - Spencer Savings Bank
Golden 1 Credit Union Teams Up with iGrad to Offer the Enrich Personalized Financial Wellness Program to Its Members
Enrich is used by more than 20,000 employers and more than 300 financial institutions nationwide, with artificial intelligence technology that engages each user with the most relevant content based on their unique financial situation and stage of life. - May 15, 2023 - iGrad
Rising Interest Rates and Multifamily Real Estate: an In-Depth Conversation on The Capital Playbook Podcast
Join The Capital Playbook Podcast on May 11, 2023, 11:00 AM CST as host Charles Williams and guest Tyler Bynum discuss the impact of rising interest rates on the multifamily real estate market. They'll address the gap between buyer and seller expectations, factors affecting net operating income, and potential rental rate trends. Gain valuable insights to navigate the evolving market. - May 11, 2023 - Pioneer Realty Capital