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.

Book Release: How to Sell Your Business for the Most Money, Third Edition

Book Release: How to Sell Your Business for the Most Money, Third Edition

New book teaches business owners how to recognize and avoid value killers that harm business value. Professional business valuator and business broker Grover Rutter shares the "secrets" of making your business more valuable. Rich with valuable planning techniques, this book will guide business owners on the path to improving business value. Whether selling tomorrow, or ten years from tomorrow, what you do (or don't do) today will impact cash in your pocket when your business is sold. - July 22, 2013 - Grover Rutter Mergers, Acquisitions & Valuations

The Number of Operations on Banking Cards Issued by Uniastrum Bank in the Framework of the Benefit Program Has Grown by 3 Times

The Number of Operations on Banking Cards Issued by Uniastrum Bank in the Framework of the Benefit Program Has Grown by 3 Times

The turnover on bank cards of Uniastrum Bank issued in the framework of the yearly benefit program (April 2013 vs April 2012) has grown by 3 times. The most popular categories of companies where the UB cardholders are given discounts are represented by clothes & shoes sellers, cafes and restaurants which account for almost a half of all transactions. - July 20, 2013 - Uniastrum Bank

Klein and Weber Consulting Limited Income and Investment Drivers

Non-financial aspects are more and more becoming valuable for changes in income. A study conducted by the Finance Department showed that income is not only or no longer just based on how high the pay grade is but also on the non-financial aspects such as money management capacity, micro-economic factors, financial intelligence, and so on. - July 20, 2013 - Klein and Weber Consulting Limited

Daryl Serizawa Local Financial Services Professional Joins Nationally Recognized Broker-Dealer

Daryl Serizawa of Irvine California has joined San Diego-based broker-dealer, Independent Financial Group (IFG). IFG supports back-of-house operations for its representatives; enabling their financial advisors to provide advice to their clients and help meet their goals of securing retirement and... - July 20, 2013 - DTS Financial Group

Prospect Financial Group Releases Refinance Guide to Help California Homeowners Refinance

California Home Refinance Guide released by Prospect Financial Group, Inc. educates California homeowners on the benefits of refinancing. - July 20, 2013 - Prospect Home Finance

Maverick Funding Corp. Stays in HECM Lenders Report’s Top 10

Maverick Funding Corp.’s Reverse Mortgage Network lands the number nine spot in the Top 100 Retail Home Equity Conversion Mortgage (HECM) Lenders Report. Staying in the top 10 for three months in just the first six months of 2013, Maverick’s hard work pays off. Not only is the Reverse... - July 18, 2013 - Maverick Funding Corp.

First Federal of Bucks County Promotes William Boyce, Robert Coffin and Derek Warden to EVPs

Bristol-based bank announces three new Executive Vice Presidents. - July 18, 2013 - First Federal of Bucks County

Uniastrum Bank Employees Took Part in the Charity Event "Odd Money Can Save a Human Life"

Uniastrum Bank Employees Took Part in the Charity Event "Odd Money Can Save a Human Life"

The amount of Rb 25,865 was collected by the Uniastrum Bank employees during the two weeks of the charity event “Odd money can save a human life.” The centers of acceptance of odd money were organized in the Head Office and four flagship offices of Uniastrum Bank in Moscow. The Bank’s employees and all people who wished could bring to the acceptance centers odd money and coins for which special boxes were placed. - July 17, 2013 - Uniastrum Bank

Golden Financial Services – Review of the Company's Recent Expansion

Golden Financial Services has expanded with a wide array of national debt relief and business entrepreneurial products. All the business options available at Golden Financial Services for 2013-2014, are summarized below. - July 17, 2013 - Golden Financial Services

BDA Promotes Justine Mannering and Taylor Whitman

BDA is pleased to announce the following promotions as of 1st July, 2013: - Justine Mannering to Managing Director - Taylor Whitman to Director Euan Rellie, Senior Managing Director, said, “Justine and Taylor have both been successful in originating and executing transactions in New York... - July 16, 2013 - BDA Partners Ltd

Capital Services Bringing Payment Products Portfolio Management to Financial Institutions

Capital Services data analysis expertise to help financial institutions maximize credit card returns. - July 15, 2013 - Capital Services

CheapChecksPlus.com Announces Its Proprietary Software and Tools for Custom Check Printing

Cheap Checks Plus announced today that it has acquired proprietary software and tools to offer even more specialized custom check printing options to its customers. With the use of these new tools, it is able to further enhance the production of its professional, tailor-made business, personal and computer checks. - July 14, 2013 - Cheap Checks Plus

Georgia's Banks Get New Way to Save on Office Products

The Georgia Bankers Association has a new strategic partnership with Office Depot that can save banks and their employees a lot of money. GBA has joined forces with 23 other state bankers associations across the country to bring its members tremendous buying power, exclusive discounts and real savings. In fact, current participants of this program have saved an average of 20-30 percent over their prior office product costs. - July 13, 2013 - Georgia Bankers Association

Four Swedish Corporates Make the Top 100 Globally for Resource Efficiency

Four Swedish Corporates Make the Top 100 Globally for Resource Efficiency

Four publicly traded Swedish companies have been included in the Osmosis Resource Efficiency Index (ticker MOREWOUT), an index that tracks the relative resource efficiency of the world largest companies in the developed markets. - July 12, 2013 - Osmosis Investment Management

Uniastrum Joins Tula Banking Council

Uniastrum Joins Tula Banking Council

The lender has been made a member of the Council, which has been set up under the auspices of the CBR Regional Bank for the Tula Region. - July 11, 2013 - Uniastrum Bank

Security One Federal Credit Union and Texas Trust Credit Union File Intent to Merge

Security One FCU and Texas Trust Credit Union agree to merge. Upon regulatory and member approval, the combined credit union will have $815 million in assets, making it the 18th largest credit union in Texas. - July 11, 2013 - Texas Trust Credit Union

Uniastrum Customers Continue to Make More Use of Online Payment Services

Results for June show a 30% upturn in payments to service providers made via Uniastrum’s multifunctional online banking facility 1Bank, which customers are now using increasingly to top up their Visa Qiwi Wallet electronic purses, and to pay for Internet, mobile phone and public utility services. - July 11, 2013 - Uniastrum Bank

Mortgage Veteran Wade Hamby Receives Brown L. Whatley Award from Mortgage Bankers Association of Florida

Mortgage Veteran Wade Hamby Receives Brown L. Whatley Award from Mortgage Bankers Association of Florida

The StoneHill Group, a national provider of quality control, due diligence, mortgage compliance audits, MERS® reviews and loan fulfillment including underwriting, closing and post-closing services, announced that Business Development Manager Wade Hamby received the Brown L. Whatley Award from... - July 09, 2013 - The StoneHill Group

Uniastrum Celebrates Grand Opening of Izhevsk Branch

Uniastrum Celebrates Grand Opening of Izhevsk Branch

The Bank’s Izhevsk office is now open for business after relocating downtown to 247 Pushkin Street. - July 06, 2013 - Uniastrum Bank

Uniastrum Introduces End-to-End Processing Using Smartvista

The Bank has kick-started a project to enhance the functionality of its processing center using a SmartVista product suite developed by BPC Banking Technologies, the world’s leading provider of e-payment solutions for the global financial industry. - July 05, 2013 - Uniastrum Bank

Jenny Butt Receives First National Social Security Advisor Certification in Kentucky

Jenny Butt of ARGI Financial Group is the first the earn the certification in Kentucky, which allows her to counsel clients on the potential ways to claim Social Security benefits. - July 04, 2013 - ARGI Financial Group

Brick Street Software to Participate at NAFCU 46th Annual Conference and Solutions Expo

Brick Street Software, a pioneer in multichannel marketing management software, today announced the company’s participation in the 2013 National Association of Federal Credit Union's 46th Annual Conference and Solutions Expo, taking place July 9-13 at Boston’s Hynes Convention Center. - July 03, 2013 - Brick Street Software

Bankdata Chooses Invoke for CRD IV Reporting in XBRL

Invoke, a software editor specialized in regulatory reporting solutions for the banking and insurance sectors, has been chosen by Denmark's largest banking data-centre, Bankdata, to meet the prudential reporting obligations of its 13 member banks under the CRD IV package. - July 03, 2013 - Invoke

Bank Sales Training Video Produced by Clarity Advantage Helps Bankers Expand Sales Conversations

Business bankers, small business bankers, and branch managers learn how to use the daily news in conversations that engage clients and prospects in the latest video produced by bank sales consulting and training firm, Clarity Advantage. - July 02, 2013 - Clarity Advantage Corporation

Only 10% of Bank Customers in Russia Know Their Credit History

So concludes Uniastrum Bank after analyzing feedback from a five-month survey on its website. - June 30, 2013 - Uniastrum Bank

Georgia Bankers Association Announces New Online Commercial Property, Other Bank Asset Marketing Tool

Bank Assetpoint is a new service to help banks market their commercial real estate and other assets to potential buyers. - June 28, 2013 - Georgia Bankers Association

Erado Announces Addition of Google Plus to Social Media Capturing Suite

Erado, the nation’s leading compliance and archiving firm in electronic communication, officially announces the newest addition to their Social Media Capturing suite, Google Plus. Google Plus is an inclusive social networking site that gathers data to create a more personalized web experience... - June 27, 2013 - Erado

New Research Uncovers the Four Foundational Customer Experience Practices of Growth Banks

While most banks are undertaking a variety of customer experience initiatives, new research from PeopleMetrics reveals four foundational practices that are tied to revenue growth. These insights are drawn from PeopleMetrics 2013 Most Engaging Customer Experiences (MECx) study and can be found in... - June 27, 2013 - PeopleMetrics

Texas Trust Pumps Up Online Banking Tools to Give Members More Control, Convenience

Texas Trust Credit Union is making it easier than ever to handle all banking needs online. The $760 million credit union has launched a new online banking center based on the Symitar NetTeller Online Banking platform. - June 26, 2013 - Texas Trust Credit Union

KOSBE/TSBDC Hosts International Exporting Trade Seminar Double Feature for Lenders and International Trade Professionals

The Kingsport Office of Small Business Development & Entrepreneurship (KOSBE) is hosting a Double Feature event on Thursday, July 11, 2013, at the Kingsport Chamber of Commerce featuring export trade. The morning session is from 9 a.m.- 11:30 a.m. and is for lenders only, while the afternoon... - June 23, 2013 - Kingsport Office of Small Business Development & Entrepreneurship - KOSBE

GSF Hires Julie Rajek

GSF Mortgage has hired long-time mortgage professional, Julie Rajek, as a loan originator. She will work from the company’s headquarters. Rajek has worked in the housing industry, serving as both a real estate and a mortgage broker, for more than 15 years. Prior to GSF, Rajek was a mortgage... - June 22, 2013 - GoGSF

Maverick Funding Corp. Opens Yet Another Branch in New Jersey

Maverick Funding Corp. has expanded its presence in New Jersey. On June 14, 2013, Parsippany, NJ became home to an additional setting where Maverick Funding Corp.’s customer-focused lending services are readily accessible. The Waterview branch focuses primarily on the West Coast and Midwest... - June 20, 2013 - Maverick Funding Corp.

Security Enterprise Introduces Quantum Advance in Credit Card Fraud and Identity Theft Prevention

GarbleCard ™ unveils new patent pending technology for defeating rampant RFID skimming. - June 19, 2013 - Garble LLC

zIngenuity Acquires Irwin Reinsurance Corporation

zIngenuity Acquires Irwin Reinsurance Corporation

zIngenuity, Inc., a boutique consulting firm that provides mortgage fulfillment, quality control, and repurchase defense for mortgage lenders and servicers, has acquired Irwin Reinsurance Corporation (“IrwinRe”), a Vermont domiciled captive reinsurance company and merged it into... - June 18, 2013 - zIngenuity, Inc.

MicroAgility, Inc. Celebrates Its 10th Anniversary with Gratitude

MicroAgility, Inc. Celebrates Its 10th Anniversary with Gratitude

MicroAgility, Inc, an award-winning business and technology consulting company, announced today that it will be commemorating the 10th anniversary of its founding in 2003 with utmost gratitude. “MicroAgility is celebrating ten years of dedication, accomplishment, and partnership with our... - June 17, 2013 - MicroAgility, Inc.

Batter Up For Banking This Summer with InTouch Credit Union & The Frisco RoughRiders

InTouch Credit Union is thrilled to introduce their inaugural Batter Up for Banking season to be held at their local Texas branches this summer. This unique youth financial literacy program, to occur four times throughout the baseball season, features the opportunity for the public to meet, have fun and learn money management skills with Frisco RoughRiders players. - June 15, 2013 - InTouch Credit Union

Softengi Has Launched a New Phase of Cooperation with JSC "Bank of Georgia"

In June 2013, one of the leading IT outsourcing companies in Ukraine, Softengi, has officially launched a new project as a new phase of cooperation with JSC "Bank of Georgia." The new project of JSC "Bank of Georgia" involves performance improvement and optimization of the existing credit issuing system. - June 15, 2013 - Softengi

GSF Partners with SmartCredit

Adding to its growing arsenal of consumer education tools and applications, GSF Mortgage is excited to announce its partnership with SmartCredit, the company’s latest service to benefit new homebuyers. SmartCredit is a third-party credit monitoring and scoring service, as well as a provider... - June 14, 2013 - GoGSF

First Federal of Bucks County Names Gary Fox Head of Real Estate Lending

Bristol-based bank announces new Vice President – Commercial Lending. - June 13, 2013 - First Federal of Bucks County

Paragon Bank Names Patsy D. Johnson Senior Vice President, Client Development Officer

27-Year Banking Veteran Will Focus on Private Banking Services - June 13, 2013 - Paragon Bank

Top Mortgage Service Provider Adds Underwriting Manager to Head New Office

Top Mortgage Service Provider Adds Underwriting Manager to Head New Office

The StoneHill Group, a national provider of quality control, due diligence, mortgage compliance audits, MERS® reviews and loan fulfillment including underwriting, closing and post-closing services, has added Kristin Belcher as an Underwriting and Office Manager to oversee the firm’s... - June 11, 2013 - The StoneHill Group

IMPACTorg’s B2B Mobile Payments to Cross $1B Mark; Partners with Zipmark

Payless Cash & Carry, Citgo™, Chevron™, Valero™, and Dunkin' Donuts™ Franchises Among the Brand Name Merchants that Make Up the IMPACTorg Consortium - June 11, 2013 - IMPACTorg

InTouch Credit Union Hosts School Supply Drive for Oakland Country Head Start Program

Credit Union’s Three Michigan Branches to Accept Donations for OLHSA Through July 31. - June 07, 2013 - InTouch Credit Union

Mortgage Service Provider Hires New Business Development Manager as Sales Increase

Mortgage Service Provider Hires New Business Development Manager as Sales Increase

The StoneHill Group, a national provider of quality control, due diligence, mortgage compliance audits, MERS reviews (MERS®) and loan fulfillment including underwriting, closing and post-closing services, has hired Michael Atwell as a Business Development Manager amidst increasing demands for... - June 05, 2013 - The StoneHill Group

Mortgage Service Provider Adds New HR Manager as Firm Expands

Mortgage Service Provider Adds New HR Manager as Firm Expands

The StoneHill Group, a national provider of quality control, due diligence, loan fulfillment, mortgage compliance audits and other outsourcing services to the mortgage industry, has hired Margery McDonald as their Human Resources Manager as the company continues its growth and expansion throughout... - June 03, 2013 - The StoneHill Group

SWACHA Releases 2013 Mobile Banking Survey Results at Its First Annual Executive Leadership Payments Summit

Depositing Checks Using Mobile Devices Jumps Nearly 200% in Two Years; Tablet Use Beginning to Enter the Picture - June 01, 2013 - SWACHA

Nasir Shakouri Announces New Board Member for Encore Cardservice

Nasir Shakouri, CEO of Encore Cardservice, announces Mitch Polon as the newest board member. - May 31, 2013 - Encore Cardservice

Georgia Banks Post Increased Earnings in First Quarter

Georgia’s 226 state-based FDIC insured banks earned $504 million on a consolidated basis in the first quarter, an increase of about 18 percent over earnings in the same period a year ago. Other performance highlights include more banks that were profitable and continued improvement in... - May 31, 2013 - Georgia Bankers Association

Alliance Bank & Trust Brings on Local Veteran Lender

Alliance Bank & Trust Brings on Local Veteran Lender

Alliance Bank & Trust, a North Carolina community bank with branches in Gastonia, Shelby, and Kings Mountain, announced the hiring of James C Harris, Jr. to their commercial lending team as Senior Vice President and Commercial Relationship Manager. Mr. Harris is a graduate of Furman University... - May 30, 2013 - Alliance Bank & Trust

"Paying For College Without Breaking the Bank" Interactive e-Book Available for iPad, Kindle, Nook eReaders, and Mac OS, PCs, and in Paperback

"Paying For College Without Breaking the Bank" Interactive e-Book Available for iPad, Kindle, Nook eReaders, and Mac OS, PCs, and in Paperback

"Paying for College Without Breaking the Bank – The Ultimate Student, Parent and Educator Guide to Over 500 Verified Links to Financial Aid and Scholarship Resources,” is now available from Amazon and Barnes and Noble. - May 29, 2013 - College Path, LLC

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