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.

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 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

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 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

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: 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

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

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 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

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

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

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

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

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

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

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 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

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

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

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