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.

Savings Rate Surges as Economy Improves

The economy is getting better, at least in some households, according to a new Money Journal poll, which found the savings rate is surging. - March 20, 2013 - Money Journal

Bank Sales Training Webinar to Focus on Using Trigger Events to Boost Prospecting Success

Consulting and bank sales training firm Clarity Advantage will advise business bankers on how they can leverage trigger events in their conversations with prospects in a complimentary webinar on Thursday, March 28, 2013 at 12:00 PM EDT. - March 20, 2013 - Clarity Advantage Corporation

Absolute FC, Inc (AFC) Expands Vendor Sponsorship Program

Creative Answers for Businesses in Search of Funding. - March 19, 2013 - Absolute FC, Inc.

Central Bank of Afghanistan Installs Credit Bureau System

Creditinfo and the Central Bank of Afghanistan (DAB) recently signed a contract which involves the setting up of a credit bureau software for DAB in Kabul. This project has major significance for the development of the financial system in Afghanistan. - March 16, 2013 - Creditinfo

BusinesSuites Announces Expansion to Gaithersburg, Maryland

BusinesSuites Announces Expansion to Gaithersburg, Maryland

New Flexible Workspace Option for Entrepreneurs, Professionals and Fortune 1000 Companies to Open in June 2013. - March 15, 2013 - BusinesSuites

Ginn Real Estate Investors Receiving a 1099-C from Their Lender May be Exempt from Tax Liability

Investors in Ginn developments who received a 1099-C for Cancellation of Debt (COD) income are urged to contact New York tax attorney Hilton Wiener to determine if they are eligible to exclude this sum as taxable income. - March 15, 2013 - Law Office of Hilton M. Wiener

Texas Trust Promotes Three to Senior Level Executive Positions

Texas Trust Credit Union has promoted three senior staffers to senior executive level positions. Ron Smith has been promoted to Senior Vice President of Branch Operations. He has been with Texas Trust since 2007 and is responsible for overseeing operations of the credit union's 10 branches. Amber... - March 15, 2013 - Texas Trust Credit Union

Paragon Bank Names Kate Feldhouse Assistant Vice President, Client and Market Strategist

Banking Industry Professional to Aid in Private Banking Expansion - March 15, 2013 - Paragon Bank

Recognized Leader in Spreadsheet Management Announces Participation in The Institute of Internal Auditor’s 2013 General Audit Management Conference

CIMCON Software proud to attend Las Vegas event at the Aria Resort and Casino from March 18 to 20 - March 13, 2013 - CIMCON Software Inc

VStock Transfer to Co-Sponsor the Upcoming Marcum MicroCap Conference

VStock Transfer, LLC (www.vstocktransfer.com) a full service stock transfer agent recognized for providing best-in-class service combined with a cost savings structure, today announced that it will be a co-sponsor of the Marcum MicroCap Conference on March 30th at the Grand Hyatt Hotel in NYC. The... - March 12, 2013 - Vstock Transfer, LLC

First Federal of Bucks County President and CEO Bruce Iacobucci Retires and Jeane Coyle Takes the Helm

Bristol-based local bank announces first woman President and CEO. - March 10, 2013 - First Federal of Bucks County

New Binary Options Ebook by Gate80

Gate80 is proud to present you with the new PDF Guide to binary options in the Italian language. This guide is completely for free and presents the basics of the binary options market as well as practices and trading strategies. Their Gate80 websites network offers this brand new guide in PDF... - March 09, 2013 - GATE80

Do Banks Need a New Business Model?

CashFlow Insights recently concluded study shows community and regional bank business models working well. Banks that were profitable every year from 2005 through 2012 have almost returned to their historic Return on Assets level, despite slow economic growth and new regulations. Banks that were unprofitable for one year are returning to their historic ROA levels more slowly. The key to success continues to be the quality of execution. - March 09, 2013 - CashFlow Insights

FurtherEd Schedules 5000+ of Streaming Hours Continuing Professional Education (CPE) for Accountants

FurtherEd seeks to change Continuing Professional Education for the accounting industry through 9AM-5PM daily live course streaming. - March 09, 2013 - FurtherEd

Texas Gulf Bank Announces Opening of West U Office with Bob Ittner as President

Texas Gulf Bank, a 100-year old community bank founded in southern Brazoria County, announces it has opened its newest Houston location in West U. Bob Ittner, former President of Bank of West University/Bank of Texas for 12 years, returns to the neighborhood as President of the new office, located... - March 09, 2013 - Texas Gulf Bank, N.A.

Wema Bank Becomes First Nigerian Bank on MoneyGram's Latest Innovative Payment Platform, AgentWorks ... Rolls Out in All Branches

Wema Bank, Nigeria's most resilient and longest surviving has rolled out MoneyGram's latest money transfer platform, AgentWorks across its business locations making it the 1st Nigerian Bank and second in West Africa to do so. - March 09, 2013 - Wema Bank plc

Riverview Financial Corporation and Union Bancorp, Inc. Announce Definitive Agreement and Plan of Consolidation

Riverview Financial Corporation (“Riverview”) (OTCQB: RIVE), the holding company for Riverview Bank, and Union Bancorp, Inc. (“Union”) (OTCQB: UBPT), the holding company for Union Bank and Trust Company, jointly announced today that they have signed a definitive agreement to... - March 08, 2013 - Riverview Financial Corporation

Texas Trust Credit Union Selected as Best Financial Institution in Mansfield

Texas Trust Credit Union was named best financial institution by the Mansfield News Mirror. It was also designated as having the best customer service too. - March 08, 2013 - Texas Trust Credit Union

Paragon Bank Expands Its Raleigh Headquarters to Accommodate Continued Growth

Local Bank Adds Eight Offices, New Conference Room and Lounge Area at Glenwood Avenue Location - March 08, 2013 - Paragon Bank

New Credit Card Comparison Tool Available at WOWCreditCards.com

New Credit Card Comparison Tool Available at WOWCreditCards.com

WOWCreditCards.com has released a new "Card Compare Tool" which allows consumers to compare credit card offers side-by-side. - March 06, 2013 - WOW! Credit Cards

Texas Trust Grew Lending by 24% in 2012, Added 13,231 Members

Texas Trust Credit Union added a record number of members in 2012 and grew lending 24%. Jim Minge, CEO, presented the 2012 highlights at the annual member meeting, March 2. - March 06, 2013 - Texas Trust Credit Union

The Budget School Introduces New Budgeting Tools to Combat Sequester

The Budget School announces the release of the Ultimate Budgeting Tool to counteract the budget cuts of the sequester. - March 06, 2013 - The Budget School

What is the Cost of Customer Attrition to Banks?

Commercial customer attrition costs banks a great deal in profitability - up to 10 basis points in Return on Assets per one percent of attrition. This can be avoided by focusing on customer loyalty. - March 01, 2013 - CashFlow Insights

Shelve Your Taxes with the UniKeep Tax Organizer

Shelve Your Taxes with the UniKeep Tax Organizer

Colorful Tax Organization Made Easy with Enclosed Storage Set That Fits on Shelf or File Cabinet While Keeping Documents Safe - March 01, 2013 - Univenture, Inc

SWACHA and Boys & Girls Clubs of Greater Dallas Announce the Winners of the "Art of Saving" Contest

Dallas-based SWACHA, one of the largest not-for-profit regional electronic payment associations in the country, and Boys & Girls Clubs of Greater Dallas today announce the winners of the “Art of Saving” America Saves Week Art Contest. Six winners were selected from more than 50... - March 01, 2013 - SWACHA

Swap Negotiators Educates Seminar Attendees on Hidden Interest Rate Swap Fees

Commercial borrowers are informed of a simple way to save hundreds of thousands of dollars. - March 01, 2013 - Swap Negotiators

Tax Debt Resolution Professionals Help Business Owner Resolve Business and Personal Tax Debt Troubles

A small business owner in Salina, Kansas is breathing a huge sigh of relief thanks to the hard work of the 20/20 Tax Resolution team. Struggling with a business tax liability of roughly $42,000 and a personal income tax liability of over $25,000, the business owner looked to the professionals at... - March 01, 2013 - 20/20 Tax Debt Help

Fire Risky Passwords! Free URQUi App Creates Secure Passwords

Fire Risky Passwords! Free URQUi App Creates Secure Passwords

Don’t Change Your Password. Change Your Protection with URQUi. Introducing URQUi. A new free application for your mobile phone that solves password and security problems. Say goodbye to Hackers, Fraud and ID Theft. URQUi is easy to use. URQUI creates a new password every time that you login. URQUi passwords are as unique as snowflakes and just as short-lived. They expire in seconds. URQUI can be used to verify credit card users for telephone and internet purchases. - February 28, 2013 - Kinesis Identity Security Systems

Georgia Banks’ Profits Up $1.7 Billion for 2012

Highlights of consolidated year-end results for Georgia's FDIC-insrued banks. - February 28, 2013 - Georgia Bankers Association

Absolute FC, Inc. Expands Vendor Sponsorship Program

Absolute FC, Inc (AFC) has added another accolade to its expansive and growing repertoire. For several years, Absolute FC, Inc was limited of acceptance to specific type of vendors for its sponsorship program. Due to the increase in funding and programs made available for 2013, Absolute FC, Inc is... - February 27, 2013 - Absolute FC, Inc.

The Newton Group Elite Sales Associates Celebrates 8th Anniversary Operating in the Timeshare Recapture Industry

The Newton Group Elite Sales Associates Celebrates 8th Anniversary Operating in the Timeshare Recapture Industry

The Newton Group ESA has been operating with accountability and integrity for over eight years. Last spring, they launched a new brand focused on bringing their core values directly to the timeshare recapture industry - specifically to families and individuals who expect excellence and honesty in uncovering new life. - February 22, 2013 - Newton Group Transfers

Tax Season is Here Once Again and Goovaerts CPA of Wayne NJ is Ready to Assist

Tax Season is Here Once Again and Goovaerts CPA of Wayne NJ is Ready to Assist

Thanks to congress, the IRS has been forced to delay the start of filings for individuals until January 30th and maybe longer as doing for more complicated returns are only available in draft form, Do not let this delay your returns. Your return can still be lined up and ready for electronic filing as soon as those forms become available. The firm prepares all Federal, state and local returns for individuals and businesses at competitive and affordable rates and offers free E-filing. - February 21, 2013 - PCMACNERDS

SWACHA and Boys & Girls Clubs of Greater Dallas Announce the Finalists for the “Art of Saving” Contest

Dallas-based SWACHA, one of the largest not-for-profit regional electronic payment associations in the country, and Boys & Girls Clubs of Greater Dallas today announced that voting has opened on SWACHA’s and Boys & Girls Clubs Facebook pages to select the winners of the second annual... - February 20, 2013 - SWACHA

Best Cities to Invest in Real Estate

The best cities to invest in real estate selected by Money Journal in 2013 have an over supply of foreclosures and other discount priced homes. - February 19, 2013 - Money Journal

When to Retire Helps Baby Boomers Plan Retirement

Today, When To Retire is launching a website geared at helping future retirees plan their retirement. In an economic climate where many Americans aren’t expected to retire until age 80, the website looks to help its users get a clear financial picture of their future. After entering some... - February 16, 2013 - When To Retire

Paragon Bank Names Jennifer D. Terry Director of Market Strategy

Banking Industry Veteran Responsible for Building New Program, Brand Awareness - February 15, 2013 - Paragon Bank

Local Attorney Going to Washington to Sound Alarm on Emerging Student Load Debt Crisis, Other Key Issues

Local Attorney Going to Washington to Sound Alarm on Emerging Student Load Debt Crisis, Other Key Issues

Meeting with congressman and senators on key issues for student loan borrowers and debtors. - February 13, 2013 - Lorene Lynn Mies, A PLC

An Enterprise Outsourced Marketing Fulfillment Team for the Local Business

An Enterprise Outsourced Marketing Fulfillment Team for the Local Business

TheSalesAssistant.com is bringing to the Main Street business the flexibility and customization heretofore only seen by Fortune 100 companies. Their quantitative analytics combined with over 25 years of experience and their clients product parameters make reaching a local or national market at unheard of low acquisition costs a reality. - February 13, 2013 - The Sales Assistant

Colleagues in Law Launches It’s Unique Advocacy and Dispute Resolution Service That Takes Action Against Lenders

Colleagues in Law Launches It’s Unique Advocacy and Dispute Resolution Service That Takes Action Against Lenders

About Colleagues in Law: Colleagues in Law is a highly regarded firm providing client- focused, interdisciplinary services that result in high-value results for their clients. The firm has been advocating for everyday Americans in areas that encompass the full range of consumer legal services, bankruptcy, real estate litigation, and default resolution. For more information visit our website: ColleaguesinLaw.com. - February 13, 2013 - Colleagues in Law

Artezio Exhibited at the Business Solutions Forum: Banking and Finance

The Business Solutions Forum: Banking and Finance is one of annual Business Solutions conferences that aim to optimize business processes in different branches of economy. The main goal of the event is to connect financial and IT companies to discuss how information technologies can help to raise... - February 09, 2013 - Artezio

Get Smart Tax Help from Your Mobile Device

Get Smart Tax Help from Your Mobile Device

The Law Office of Alex Gluzman has launched a website for mobile users to request quick smart tax help. This website can be accessed from many different mobile devices, including a smart phones or tablet. - February 06, 2013 - Law Offices of Alex Gluzman

Law Offices of Hilton Wiener Issues Tax Opinion to Real Estate Investor Stating That a 1099-C Following the Settlement of a Foreclosure is Not Taxable Income

Law Offices of Hilton Wiener Issues Tax Opinion to Real Estate Investor Stating That a 1099-C Following the Settlement of a Foreclosure is Not Taxable Income

Some property owners have recently received a form 1099-C, others a form 1099-A, and others have received notices from the IRS concerning their failure to include cancellation of debt income in a prior year’s tax return. Real estate investors are often shocked to learn that they are not afforded the same tax exemption as owners of a primary residence. - February 06, 2013 - Law Office of Hilton M. Wiener

Best Real Estate Markets in 2013 Announced

The best real estate markets in 2013 have been released by MoneyJournal.com, which provides insight on stocks, bonds, real estate and all sorts of other investments. - February 06, 2013 - Money Journal

Get Your Credit Cleaned Up Today - Top 4 Credit Repair Techniques You Can Use Right Now from Credit 360 Consulting

Having good credit is essential to go forth and lead a successful financial life. In recent years it has been a hot topic for people to get on the right track with their credit scores. Unfortunate credit education and difficult situations have made it hard for people to maintain good credit. In... - February 06, 2013 - Credit 360 Consulting

"AuraPortal" Solution Implemented by More Than 20 Financial Institutions

Business Process Management software automates operational and administrative processes. - February 06, 2013 - AuraPortal

Business Sale Report Reveals Fewer "Zombie" Businesses Going Under

Business Sale Report Reveals Fewer "Zombie" Businesses Going Under

Business Sale Report reveals that the number of "distressed" companies in the UK were significantly less in 2012 when compare to the previous year. Figures of winding-up petitions from the Business Sale Report, together with the latest statistics from the Insolvency Service on companies falling into administration and receivership both indicate a fall and subsequent levelling off of businesses in financial distress. These key indicators represent green shoots for the economy. - February 05, 2013 - Business Sale Report

Long Term Care Insurance Deductible Cuts Cost 15 Percent

Selecting a 90-day deductible period when purchasing long term care insurance protection can reduce your yearly costs by 15 percent reports American Association for Long-Term Care Insurance director. - February 05, 2013 - American Association for Long-Term Care Insurance

The Personal CFO Inc. Announces New Access to Credit Now Available to Non U.S. Citizens or Residents

Today, The Personal CFO, Inc. announced that they have a program that allows foreigners to access the US banking system and credit markets without a social security number or personal guarantee. - February 04, 2013 - The Personal CFO

The Personal CFO Inc. Announces the Release of Its Business Credit Suite; Business Credit Without a Personal Guarantee for Any Business

The first of its kind business credit suite offers business access to over 2000 lenders for all types of financing from cash flow loans to unsecured Master Card and Visa with no personal credit check. - February 04, 2013 - The Personal CFO

Popular Commercial Lending Group Offers Commercial Real Estate Trust Deed Investments with 10% Yield

Popular Commercial Lending Group has released a new commercial real estate investment program for 2013 offering commercial real estate secured investments in mortgage notes with yields in the 8-10% range. - February 02, 2013 - Popular Commercial Lending Group

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