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.
Record-Setting Quarter for SBA 504 Lender
Mercantile Capital Corporation reports record-setting $88 million in SBA 504 loans during Q1 2016. - April 06, 2016 - Mercantile Capital Corporation
Siracusa Staffing & Leasing Redefines Working with P&C Agents... Again
Siracusa Staffing & Leasing is redefining the level and ability of P&C agents to work successfully with PEO brokers. SS&L is the brainchild of David Siracusa, the owner of ELS, who helped to grow that company into the premier PEO provider of the Southeast. Mr. Siracusa has brought his technological innovations and forward thinking mentality to this new company. He sees a void in the marketplace where no other PEO broker has previously gone and he intends to fill it. - April 04, 2016 - Siracusa Staffing & Leasing, LLC
Texas Trust Credit Union Earns Carat Award for Highest-Impact Marketing Campaign
The CUNA Marketing Council recognized Texas Trust for the success of its Spirit Debit Reward program and the One Million Brighter campaign, which celebrated the giving of one million dollars to several Texas school districts. - April 04, 2016 - Texas Trust Credit Union
CU Appraisal Services: Making History as a CUSO
With the recent investment by CU Advantage, Inc. CU Appraisal services is now the first and only Appraisal Management Company, Credit Union Service Organization in the country. - March 31, 2016 - CU Appraisal Services
French Regulatory Organization Authorizes Major French Bank to Use Talk to Pay for Card Not Present Payments with Voice Recognition
French data protection regulatory organization (CNIL) authorization makes it possible for all La Banque Postale cardholders to benefit from Talk to Pay®, allowing them to be protected during Card Not Present purchases thanks to voice generated dynamic cryptogram. - March 26, 2016 - Talk to Pay
Bullion Exchanges Exclusive Release of 2016 PCGS OGH Silver Eagle Coin
Join Bullion Exchanges in celebrating the early coin days of yesteryear, as PCGS’s majestic green holder makes a strong return housing the 2016 1 oz Silver American Eagle $1 Coin PCGS OGH FDOI First Day WP Strike 1 of 2016. - March 26, 2016 - Bullion Exchanges
Whitefish Credit Union to Open New South Kalispell Branch
Montana's largest credit union is pleased to announce the opening of their newest location. - March 26, 2016 - Whitefish Credit Union
Financial Literacy Education Leader iGrad Hits 2 Million Modules
Students engage with online financial literacy program in record numbers. - March 23, 2016 - iGrad
Hein Named Mars National Bank’s Senior Vice President, Finance
James M. Hein was named Senior Vice President, Finance of Mars National Bank. He now oversees the finance, deposit and technology operations activities at the Bank. Mr. Hein joined Mars National Bank as Vice President, Controller in 2010. - March 22, 2016 - Mars Bank
Paragon Bank Appoints Senior Vice President, Specialty Lending
Paragon Bank (OTCBB: PGNN.OB) has hired Thomas "Tee" Shipmon as Senior Vice President of Specialty Lending. Shipmon will report to Robert Shaw, Chief Executive Officer at Paragon Bank, and will work out of the office at 5400 Poplar Avenue. "We are excited to add a team member with... - March 18, 2016 - Paragon Small Business Capital Group
Best Financial Services Website to be Named by Web Marketing Association in 20th Annual WebAward Competition
The Web Marketing Association is looking for the best legal websites in the world as part of their 20th annual international WebAward Competition for Web site development at www.webaward.org. The WebAwards is the standards-defining competition that sets benchmarks for 96 industries, including bank,... - March 17, 2016 - Web Marketing Association
AI, Automation and Super Models: PurePredictive Launches AI-Driven Analytics Platform That Delivers Up to 40% More Accuracy in Just Minutes
After attracting more than 450 data experts to its beta release, PurePredictive enters the market with first-of-its-kind technology that automates predictive modeling which radically improves speed, while creating “super models” that are highly stable and significantly more accurate. - March 16, 2016 - PurePredictive
First Service Credit Union Purchases Site for New Branch
First Service CU will open branch on Spring Cypress Road, in Houston, following renovation. - March 16, 2016 - First Service Credit Union
Synpulse Enters the UK Market
International consultancy continues its expansion and opens new office in London. - March 16, 2016 - Synpulse UK Ltd
New Generation of OTP Tokens by Protectimus
Protectimus introduces a new generation of hardware OTP tokens Protectimus SLIM and Protectimus SLIM mini. New tokens have 2 form-factors: regular bank card ISO/IEC 7810 ID-1 (85.6 x 53.98 x 0.76 mm) and a mini card 64 x 38 mm in size. The main feature of the new product is that it can be... - March 15, 2016 - Protectimus Limited
Private Bank of Buckhead Adds Another Ambassador
Renee Weese of Minerva Planning Group has joined the Board of Advisors for Private Bank of Buckhead. - March 15, 2016 - Private Bank of Buckhead
Penn Community Bank Helps Dedicate 101st Habitat for Humanity Home
Bucks County’s leading mutual bank helps mark completion of home on land it donated in Croydon. - March 10, 2016 - Penn Community Bank
Baylor University Partners with iGrad to Implement Online Financial Literacy Education Initiative
Higher education embraces online adaptive learning to ensure students succeed in making wise financial decisions. - March 09, 2016 - iGrad
Mission Federal Credit Union Opens 29th Branch; Announces San Carlos Branch Grand Opening Celebration
New San Carlos Branch opens March 7; celebration planned for April 2 from 9:00 a.m. to 1:00 p.m. - March 08, 2016 - Mission Federal Credit Union
GSF Mortgage Establishes Branch in California
GSF Mortgage is pleased to welcome James Estakhrian as branch manager in Irvine, California. He joins TeamGO with 25 years of experience in both the mortgage and construction industry. Being involved in building many houses and small businesses, he was involved in many financing transactions which... - March 04, 2016 - GoGSF
Paragon Bank Names John Graham Senior Vice President, Client Development Officer
24-Year Financial Industry Veteran Joins Growing North Carolina-Based Bank. - March 04, 2016 - Paragon Bank
Paragon Small Business Capital Group Obtains Preferred Lenders Program Status
Paragon Small Business Capital Group, a division of Paragon Bank (OTCBB: PGNN.OB), today announced it received Preferred Lenders Program (PLP) status, allowing the company to approve loans guaranteed by the U.S. Small Business Administration (SBA). This program provides businesses access to loans... - March 03, 2016 - Paragon Bank
New Faces at CU Appraisal Services
CU Appraisal Services is pleased to welcome two new members to its growing leadership team: Partner Relationship Manager, Dawn Stankovic, and Quality Control Manger, Jennifer Richardson. Ms. Stankovic will oversee relationships with CU Appraisal Services’ credit union and appraiser partners... - March 03, 2016 - CU Appraisal Services
BondIT Has Been Selected as a Finalist for the FinTech Innovation Awards 2016
BondIT has been selected as a finalist for the FinTech Innovation Awards 2016. The selection was for the Innovation in Wealth, Asset and Investment Management category. “The need for a revolution in the fixed income advisory is more evident than ever,” said Etai Ravid, BondIT CEO... - March 03, 2016 - BondIT
Penn Community Bank CEO Jeane M. Coyle to Speak at Pennsylvania Bankers Association Conference
CEO of Bucks County’s leading mutual bank to speak at 2016 Women in Banking Conference. - March 02, 2016 - Penn Community Bank
First Service Credit Union Reports Robust Growth in 2015
First Service Credit Union of Houston recorded impressive 2015 numbers: 12 percent asset growth, nearly 44 percent net income growth, nearly 20 percent loan growth, and membership up 9 percent. - March 01, 2016 - First Service Credit Union
Business Bancshares, Inc. Parent Holding Company for The Business Bank of St. Louis, and The Business Bank of St. Louis Announced Fourth Quarter 2015 Financial Results
Business Bancshares Inc. and The Business Bank of St. Louis announce fourth quarter and full-year 2015 financial results. Earnings increased for the fifth consecutive year and consolidated year-to-date net income increased 24%. - February 27, 2016 - The Business Bank of St. Louis
Roger Douville Joins rateGenius as Director of Underwriting
RateGenius proudly welcomes consumer lending expert Roger Douville as the new Director of Underwriting. - February 25, 2016 - rateGenius
Georgia Banks Earn $2.9 Billion in 2015
Net income up 13.1 percent for year - February 25, 2016 - Georgia Bankers Association
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
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
Construction Loans Indicate Improving Economy
SBA Lender cites ongoing trend as reason for hope in 2016. - February 05, 2016 - Mercantile Capital Corporation
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
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
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 (“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 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