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.

Reverse Mortgage Counseling Helps Seniors Make Informed Decisions

Guidewell Financial Solutions’ reverse mortgage counseling provides older adults with crucial information and helps them avoid being misled. - July 21, 2015 - Guidewell Financial Solutions

Breadwinner Moms Demonstrate Strength and Resilience

Consumer Credit Counseling Service of Orange County, a member of the National Foundation for Credit CounselingⓇ (NFCCⓇ), recognizes that the reality faced by women who are primary wage earners in their household depends upon which of the two circumstances they are facing. Counseling and education have proven to be significant change factors for breadwinner mothers who are facing tough financial choices. CCCS-OC is able to provide financial counseling. - July 18, 2015 - Consumer Credit Counseling Service of Orange County

Brett J. Wyatt Joins Gordon Sykes as Of Counsel

Brett J. Wyatt Joins Gordon Sykes as Of Counsel

Gordon Sykes LLP, a well-established Fort Worth based law firm providing comprehensive legal services to businesses, entrepreneurs and individuals, takes great pride in announcing the addition of Brett J. Wyatt as Of Counsel. Karen H. Gordon, Founding Partner, stated, “Establishing an Of... - July 16, 2015 - Gordon Sykes, LLP

GSF Mortgage Welcomes Diligent Branch in St. Louis

GSF Mortgage is pleased to welcome Jim Donovan and his team in St. Louis, Missouri. Donovan, branch manager, joins TeamGO with 11 years of mortgage industry experience. Donovan was a member of Midwest Mortgage Capital and when MMC decided to join forces with GSF Mortgage, Donovan chose to come... - July 16, 2015 - GoGSF

Frances Fabbro Named Encore Bank Sun City Branch Manager

Encore Bank is pleased to announce that Frances Fabbro has been appointed as its new Sun City Center Branch Manager. Her appointment is the result of an intensive candidate search to fill the vacancy created by the retirement of long-time Branch Manager, Jim Wilmouth. Fabbro offers 40 years of... - July 16, 2015 - Encore Bank

The “Investor Onboarding API”: ID Verification + Anti-Money Laundering (AML) + Accreditation Service, a Simple and Cost-Efficient Solution for Crowdfunding Portals

The “Investor Onboarding API”: ID Verification + Anti-Money Laundering (AML) + Accreditation Service, a Simple and Cost-Efficient Solution for Crowdfunding Portals

FundPaaS, a FinTech startup based in San Francisco, has launched the world’s first “Investor Onboarding API,” an automated solution to verify an investor’s identity and accredited status in accordance with SEC rules plus compliance with Anti-Money Laundering (AML) laws. Crowdfunding and Alternative Lending (P2P) portals, VCs, Broker Dealers, Legal and Management Consultants involved in private placements can access the service via a Web App or an Application Programming Interface (API). - July 15, 2015 - FinTech School

Atlanta Life Insurance Company and Altium Group Announce Partnership

Atlanta Life Insurance Company and Altium Group Announce Partnership

Atlanta Life Insurance Company (ALIC), a subsidiary of Atlanta Life Financial Group, Incorporated (ALFG), is pleased to announce its partnership with Altium Group, LLC, a New York-based specialty insurance firm. The partnership’s initial product offering is an innovative, industry-first,... - July 13, 2015 - Atlanta Life Financial Group

Marketforce to Present Inaugural Conference in London on the Future of Alternative Finance, 28th September 2015

A brand new event designed to explore strategies for growth with leading P2P lenders and crowdfunding platforms currently shaking up the financial sector. - July 12, 2015 - Marketforce

Mercurio Wealth Advisors Selected for "Who to Know in Wealth Management"

Alan Mercurio selected for “20 People to know in Wealth Management.” - July 11, 2015 - Mercurio Wealth Advisors

marcus evans to Host the Design Thinking for Financial Services Conference on November 5-6, 2015 in New York, NY

Banking and Financial professionals will join together to share experiences and best practices for advancing innovation and design thinking to recapture clients and drive business growth. - July 09, 2015 - topseos.com

ARGI Moves to New Location to Advance Services and Amenities for Clients and Community

ARGI Financial Group’s new location at 2110 High Wickham Place is only one mile from its previous location on Stanley Gault Pkwy, but is miles ahead in its ability to service clients’ needs. A growing demand for services by existing clients and the community has guided ARGI’s... - July 09, 2015 - ARGI Financial Group

JMJ Development and YOO Partner

JMJ Development and YOO Partner

JMJ Development and YOO, World Leaders in Construction and Design, Form Partnership to Work on Multiple Projects in North and South America - July 07, 2015 - JMJ Development

Breadwinner Moms Demonstrate Strength and Resilience Dealing with Finances

Guidewell Financial Solutions identifies financial challenges women who are primary wage earners in their households face and offers help. - July 07, 2015 - Guidewell Financial Solutions

Ferol W. Hettick Recognized by Strathmore's Who's Who Worldwide Publication

Ferol W. Hettick Recognized by Strathmore's Who's Who Worldwide Publication

Ferol W. Hettick of Brandon, Mississippi has been included in the Strathmore’s Who’s Who Worldwide Edition for his outstanding contributions and achievements in the financial field. About Ferol W. Hettick Mr. Hettick has over 39 years experience and over 29 years in the field of... - July 03, 2015 - Strathmore Worldwide

Encore Bank Sun City Center Branch Manager James Wilmouth to retire

Encore Bank Vice President and Sun City Center Branch Manager James Wilmouth will begin his well-earned retirement on June 30. Wilmouth has worked in banking in Florida for the past 43 years, and has spent the past decade with Encore Bank. CEO Tom Ray said, “While everyone at Encore Bank... - July 03, 2015 - Encore Bank

GSF Mortgage Welcomes Loan Officer in the Centennial State

GSF Mortgage is pleased to welcome Jessica Bassan as a mortgage loan originator in Centennial, Colorado. She joins TeamGO with three years of mortgage industry experience. She began her career in the real estate industry where she learned about mortgages. She started working with banks to modify... - July 03, 2015 - GoGSF

Douglas S. Martin Named Vice President, Residential Loan Officer at Encore Bank

Encore Bank is pleased to announce that Douglas S. Martin has joined the bank as Vice President, Residential Loan Officer. Encore Bank continues to expand its residential lending activities, which are managed by Senior Vice President, Dan Royal. Martin will work out of the Bonita Springs... - July 02, 2015 - Encore Bank

RateGator.com Launches Beta Mortgage Site

RateGator launched its beta service in July 2015, with the goal of empowering consumers with tools and information to transform how they finance their home. RateGator was started by BrandXAds’ Chief Technology Officer – Brad Kriss- and its General Counsel – Shawn Murrane. - July 01, 2015 - RateGator

HDFC Bank Implements Business Continuity Program

Business Resilience Redefined Using Sanovi DRM at HDFC Bank. HDFC Bank, one of India’s largest private banks has embarked on a Business Continuity program for its critical IT applications. In partnership with Sanovi, HDFC Bank has achieved a committed 50% reduction in recovery time of core application, 50–60% reduction in drill window, 80% reduction in service-level agreement (SLA) (RPO) tracking time, and also 65-70% business loss avoidance due to production emergency. - July 01, 2015 - Sanovi Technologies

Koby Luedtke Introduces Home Buying Benefits Program for Heroes

Koby Luedtke of GSF Mortgage, located in Brookfield, Wisconsin, is excited to announce his new, proprietary home buying benefit program for Heroes and service people. Home Buying 4 Heroes provides Heroes and service people with cost saving features on their home loan and reduced cost services from... - July 01, 2015 - GoGSF

Albuquerque Company Becomes Oakmont Advisory Group

Albuquerque Company Becomes Oakmont Advisory Group

After many successful years, the Hicks Advisory Group proudly announces their official company name change to Oakmont Advisory Group. - June 26, 2015 - Oakmont Advisory Group, LLC

Healthcare Justice March Applauds King v Burwell Ruling

Healthcare Justice March Applauds King v Burwell Ruling

Though the Healthcare Justice March applauds this decision, the Affordable Care Act is still costly and unjust for millions of people, according to organizers of the March. Tax credit subsidies help lower premiums but deductibles, co-pays, and co-insurance are still prohibitively high. - June 26, 2015 - Healthcare Justice March

UnionPay International Selects Deltapath Conferencing Solutions to Advocate Better Business Operations and Communications for SMBs Commercial Customers

Deltapath provides collaboration-as-a-service, UnionPay GoMeeting, a cloud-based conferencing service to all eligible UnionPay Commercial Card Account holders as a promotional offer for better business communication and collaboration with their employees, partners, and customers—anytime, anywhere and on any device. - June 25, 2015 - Deltapath, Inc.

TaxReminder.com is a Free Service That Helps Small Business Owners File Tax Forms on Time

TaxReminder.com is a Free Service That Helps Small Business Owners File Tax Forms on Time

Get Timely Reminders When Federal and State Tax Forms Are Due; Makes it Easier to Find Most Common State and Federal Forms - June 23, 2015 - Bio Pac, Inc.

SolarCraft Helps Redwood Credit Union Save Energy & Money

SolarCraft Helps Redwood Credit Union Save Energy & Money

North Bay Credit Union Makes the Switch to Solar Power. - June 19, 2015 - SolarCraft

Students Design Texas Trust Debit Cards for DeSoto and Cedar Hill High Schools

Artwork to be featured on Spirit Debit Reward Card issued by Texas Trust Credit Union. - June 19, 2015 - Texas Trust Credit Union

GSF Mortgage Welcomes Bilingual Loan Officer in Florida

GSF Mortgage is pleased to welcome Yolanda Planes as mortgage loan originator in Cape Coral, Florida. She joins TeamGO with 30 years of mortgage industry experience. Planes entered the mortgage industry as a processor and moved her way up to become a FHA underwriter. As she gained knowledge of the... - June 19, 2015 - GoGSF

Mars National Bank Launches myMNB Online Suite of Services

Mars National Bank launched updated online services including myMNB Online Banking, Bill Pay, Popmoney, Mobile Banking and Business Online Banking, Bill Pay and Remote Deposit Capture. Along with a new responsive website, these online tools provide a customer-centric banking experience that works seamlessly on any device – computer, tablet or smartphone. The updated services were launched June 15, 2015. - June 18, 2015 - Mars Bank

Coinpayments.net Offers CAD Bank Settlements via Cointrader.net

Coinpayments.net Offers CAD Bank Settlements via Cointrader.net

Coinpayments, is excited to announce Canadian Fiat settlement is now available for its 13,000+ merchants. Canadian Fiat Settlement will undoubtedly encourage more Canadian merchants to use their low-cost payment processing services knowing they can conveniently settle in CAD. - June 17, 2015 - Coinpayments Inc

GSF Mortgage Honored with Top Workplaces Award for Second Year

GSF Mortgage is honored to have been recognized for the second year in a row with the Milwaukee Journal Sentinel’s Top Workplaces award. Out of the 75 companies in the Top Small Workplaces category (140 or fewer employees), GSF Mortgage came in as first runner up for the “Best in... - June 16, 2015 - GoGSF

Professional Money Manager Jonas Brown Benefits People at Every Income Level

Professional Money Manager Jonas Brown Benefits People at Every Income Level

Jonas Brown is one of the fastest growing money managers in the US, and now is taking on clients of all income levels. - June 13, 2015 - Sacro Capital Group

$11,000,000 - Progress Capital is Changing Neighborhoods

$11,000,000 - Progress Capital is Changing Neighborhoods

Progress Capital Advisors | The Funding Source was tasked with arranging an $11 Million construction to permanent loan in order to renovate a decaying Sandy damaged 52,000 SF mixed use building in Coney Island, NY. The renovation provides a clean and renewed welcoming space, improving the overall neighborhood. - June 12, 2015 - Progress Capital

Shequita Harris Added to Operations Team at Private Bank of Buckhead

Private Bank of Buckhead, which includes Private Bank of Decatur and PrivatePlus Mortgage, has added Hampton resident Shequita Harris as a Loan Operations Specialist. “Shequita recognizes that career success, particularly for our banking model, is established through long-lasting... - June 12, 2015 - Private Bank of Buckhead

Guidewell Financial Solutions Applauds MCEE Student Financial Literacy Programs

Nonprofit agency Guidewell Financial Solutions recently attended the annual MCEE Awards banquet where K-12 students were recognized for gaining financial knowledge and skills. The agency is pleased to sponsor the Poster Contest and MD Personal Finance Challenge, two programs that provide students with money management lessons they can use for the rest of their lives. - June 11, 2015 - Guidewell Financial Solutions

PrivatePlus Mortgage Team Expands, Adds Gary Wofford as Mortgage Banker

PrivatePlus Mortgage, a division of Private Bank of Buckhead, has named Gary L. Wofford a Vice President and Mortgage Banker. He brings both a depth and breadth of financial and management experience to the role. - June 11, 2015 - PrivatePlus Mortgage

Florida Capital Bank, N.A. Named Top Community Lender for FY14

Florida Capital Bank, N.A. Named Top Community Lender for FY14

The economy in Florida is on the rise and small business lending is growing. As an increasing number of small business owners across the state are looking to grow their businesses, trusted community lenders like Florida Capital Bank, N.A. are providing financial expertise to help them achieve their... - June 10, 2015 - Florida Capital Bank

GSF Mortgage Welcomes Two Regional Vice Presidents in St. Louis

GSF Mortgage is pleased to welcome Jerry Frost and George DeMare, formally of Midwest Mortgage Capital, as regional vice presidents in St. Louis, Missouri. They will be responsible for building the GSF Mortgage presence in the Midwest region. Frost and DeMare found it important to choose a company... - June 10, 2015 - GoGSF

Wilde Agency Places in Top International Award - 2015 Summit Creative Award

Wilde Agency Places in Top International Award - 2015 Summit Creative Award

Out of more than 5,000 submissions from 23 countries, Wilde Agency is named a Bronze winner in the 2015 Summit Creative Award® competition. - June 10, 2015 - Universal Wilde

Mathew Wolfort’s Can-do Attitude Serves PrivatePlus Mortgage Clients Well

PrivatePlus Mortgage, a division of Private Bank of Buckhead, has named Mathew Wolfort a Vice President and Mortgage Banker. He has been in the mortgage business for over 20 years. “Mathew is driven to provide benefits to clients,” says Dan Smith, President of PrivatePlus. “He... - June 10, 2015 - PrivatePlus Mortgage

Credit Administration Pro Added to Private Bank of Decatur Team

Private Bank of Buckhead, which includes Private Bank of Decatur and PrivatePlus Mortgage, has added Eric Swilling, as Assistant Vice President, Credit Administration. He’ll be based out of Private Bank of Decatur, serving clients across the metro area. “Eric’s personality and... - June 10, 2015 - Private Bank of Buckhead

Privateplus Mortgage Team Expands, Adding James Brown as a Vice President and Mortgage Banker

PrivatePlus Mortgage, a division of Private Bank of Buckhead, has named James Brown a Vice President and Mortgage Banker. “James takes a consultative approach with his clients,” says Dan Smith, President of PrivatePlus, “taking the time to understand their needs and goals. - June 09, 2015 - PrivatePlus Mortgage

Uniting Bucks County Banks Announce New Name

First Savings Bank of Perkasie and First Federal of Bucks County will unite under the name Penn Community Bank - June 06, 2015 - First Federal of Bucks County

First Service Credit Union Opens Katy Branch

New branch is part of First Service CU's strategy to grow 47% in next few years. - June 05, 2015 - First Service Credit Union

Desiree L. Strong Joins Gordon Sykes as Partner

Desiree L. Strong Joins Gordon Sykes as Partner

Gordon Sykes, LLP is a Fort Worth, Texas based law firm which is pleased to announce Desiree L. Strong has joined as Partner. - June 03, 2015 - Gordon Sykes, LLP

EFCU Financial Turns Management of Its ATM Fleet Over to Dolphin Debit

Dolphin Debit continues to help credit unions expand their market visibility with its ATM management services. EFCU of Baton Rouge has handed over its ATMs to Dolphin to manage. - June 03, 2015 - Dolphin Debit

BDA Strengthens Korean Team by Hiring Kevin Choi and Colleagues

BDA Partners is pleased to announce that it has made three important hires to bolster the BDA team in Seoul, Korea. Kevin Choi has joined BDA as a Managing Director, supporting Howard Lee in managing BDA’s Korean operations. Before joining BDA, Mr. Choi was the Co-Head (and Representative... - June 02, 2015 - BDA Partners Ltd

Georgia Bank Earnings 12 Percent Higher in First Quarter

“The Georgia banking industry had a good first quarter, and that tracked alongside the generally improving state economy,” said Joe Brannen, president and CEO of the Georgia Bankers Association. “Our state’s banks grew loans, deposits and assets, and there are a low number of past-due loans." - May 29, 2015 - Georgia Bankers Association

Sharon Lechter, Co-Author of "Rich Dad" Brand, Joins iGrad’s Panel of Financial Literacy Experts

Sharon Lechter, Co-Author of "Rich Dad" Brand, Joins iGrad’s Panel of Financial Literacy Experts

The international bestselling author teamed up with iGrad to author the financial literacy curriculum, Your Financial Mastery, winner of the 2015 Excellence in Financial Literacy Education Award (EIFLE) from the Institute for Financial Literacy. - May 28, 2015 - iGrad

NUMERIS (Nigeria) Introduces Free Mystery Shopping Service for Banks

NUMERIS' monthly Mystery Shopping reviews will help consumers appreciate what levels of service to expect from their financial institutions. It will also help banks focus on retraining staff and changing processes to improve standards for customers in the future. - May 27, 2015 - NUMERIS-MEDIA

Vahe Hayrapetian Gives Advice on Getting Approved for Mortgage

Home loan and financing professional, Vahe Hayrapetian gives advice to buyers for getting approved for a mortgage. Most people think that getting a home loan to purchase a new house is as easy as filling out the paperwork. The inner workings of a mortgage are often more complicated than that,... - May 23, 2015 - Vahe Hayrapetian

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