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.
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
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
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
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
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
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
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
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
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 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
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 (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
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 (“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.
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
St. Louis-Based the Travelers Protective Association Presents Grant to Member
Pennsylvania woman awarded $1,000 grant. - January 17, 2016 - Travelers Protective Association