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.

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.

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

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

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

Mace Life Benefits Uses Life Settlements to Benefit Businesses

Using a retired employee's key-man insurance policy owned by the company can be a great source of capital for businesses. - May 29, 2013 - Mace Life Benefits

Service2Media Completes Implementation of Mobile App Development and Management Platform, M2Active to SNS REAAL

After the successful introduction of the "SNS Banking" app, SNS REAAL’s own development department rolled out two more brand new variant apps, "ASN Banking" and "RegioBank." Service2Media’s M2Active platform was deployed for the development and management... - May 27, 2013 - Service2media

Age of Asset Based Long Term Care Insurance Policies Declining

The age of life insurance plus long term care insurance combo policies is declining according to research by the American Association for Long-Term Care Insurance. - May 25, 2013 - American Association for Long-Term Care Insurance

C3 Card Launches the First Multi-Currency Prepaid Business Card

C3 Card introduces the first Prepaid Business Card in the MENA region, a card that allows business travelers to lock in the exchange rate up to five prominent currencies on one card, providing anyone who travels a cost effective, highly convenient and secure way of spending and accessing money overseas. - May 24, 2013 - C3 - Edenred

Maverick Funding Corp. Expands in New Jersey

Maverick Funding Corp. opens a new branch in Hainesport, New Jersey. - May 21, 2013 - Maverick Funding Corp.

Alliance Bank & Trust Expands Lending Reach

Alliance Bank & Trust Expands Lending Reach

Alliance Bank & Trust, a North Carolina community bank with branches in Gastonia, Shelby, and Kings Mountain, announced the hiring of Woody T. Washam, Jr. to their commercial lending team as Lake Norman Market President. Mr. Washam is a graduate of Catawba College where he received his... - May 17, 2013 - Alliance Bank & Trust

Online Trading Firm Place Trade Financial Named One of the Top 3 Online Brokers by Barron’s Magazine

Full service brokerage and deep discount online trading firm receives high honors and named to Best Online Brokers 2013. Place Trade was recognized for excelling in Online Trading Experience, Technology, Usability, Mobile, Portfolio Analysis, Featured Reports, Research Amenities, Range of Offerings, Customer Service and Education. Named for Lowest Monthly Cost and Best for Frequent Traders. - May 15, 2013 - Place Trade Financial, Inc.

SWACHA and the Albuquerque FBI Help Prevent Fraud at Ninth Annual Financial Institution Crime Day

Nearly 11,000 Consumer Fraud Related Complaints in New Mexico in 2012 - May 15, 2013 - SWACHA

Intelliloan Announces Top Tips to Improve Your Credit Score

Intelliloan Announces Top Tips to Improve Your Credit Score

These days, credit scores are more important than ever. Here Intelliloan announces little known tips to improve your credit score. - May 13, 2013 - Intelliloan

Reckenen Introduces Outsourced Bookkeeping & Accounting Services

Reckenen Introduces Outsourced Bookkeeping & Accounting Services

Bookkeeping and controller offerings focused on small to medium-sized business and non-profits. - May 13, 2013 - Reckenen

zIngenuity Announces Launch of Its Redesigned Website

zIngenuity Announces Launch of Its Redesigned Website

zIngenuity, a national provider of risk management and mortgage fulfillment services for mortgage lenders and servicers, has redesigned its website to align with current service offerings. “The mortgage market continues to undergo an unprecedented level of change, and zIngenuity has... - May 06, 2013 - zIngenuity, Inc.

CardFlex: 5 Reasons You Should Have a Prepaid Debit Card

There are numerous benefits of using prepaid debit cards. Here are five reasons you should have a prepaid debit card in your wallet. - May 05, 2013 - CardFlex

May is Direct Deposit and Direct Payment Month

Businesses Promote Use of Electronic Banking Transactions - May 04, 2013 - SWACHA

Now Kick-Ass Budget App Available in Android Play Store from Wild Secret Inc.

Wild Secret Company has launched the android version of Kick-Ass Budget App. The growing demand for the Kick-Ass budget iPhone app has compelled the company to launch the version, to fulfill customers requirements. - May 04, 2013 - Kick-Ass Budget

Oregon City Insurance Agency Selected Among America's Best

Oregon City Insurance Agency Selected Among America's Best

Choices Insurance Agency, located in Oregon City, has been selected by Insurance Training Associates as one of the top insurance agencies in America based on positive customer reviews. - May 03, 2013 - Insurance Training Associates, LLC

InTouch Credit Union Leaders Honored with Business Women & Associate of Year Awards

InTouch Credit Union (ITCU) is proud to announce recent honors received by ITCU executives Diane Gerstner and Sherry Cassidy by the American Business Women’s Association (ABWA)’s Plano Charter Chapter. Gerstner was selected as one of the ABWA Plano Charter Chapter’s Women of the... - May 03, 2013 - InTouch Credit Union

Certified Divorce Financial Analyst™ Mary Ann Ferreira Begins New Service for Divorcing Couples in the Pacific Northwest

The Institute for Divorce Financial Analysts™ (IDFA™) is pleased to announce that Mary Ann Ferreira of Appropriate Balance Financial Services, Inc. located in Bellevue, Washington recently completed a specialized educational program in professional divorce analysis and is now a... - April 30, 2013 - Appropriate Balance Financial Services, Inc.

Universal Web Services Launches the Live Mortgage Calculator on HyperCalc.com

With hopes to rival existing online mortgage calculators and fill a very large gap in performance and flexibility, Universal Web Services has launched the Live Mortgage Calculator. It is free and open to everyone. - April 26, 2013 - Universal Web Services, LLC

CIPC Conference Profiles Complexities of Insuring the Wealthy

CIPC Conference Profiles Complexities of Insuring the Wealthy

High-Net-Worth Insurers, Agents, MGAs, and Related Companies Gathered Together for Education, Advocacy and Networking - April 22, 2013 - MarketScout Corporation

Challenging Times Ahead for Polish Banks in 2013

“Stagnating revenues will force Poland’s banks to slash operating costs to retain profitability in 2013,” said Marcin Mazurek, director of Inteliace Research, during a presentation of Inteliace’s latest report, Banking Market in Poland, 2013–2015. The future outlook... - April 20, 2013 - Inteliace Research

MarketScout Announces New Errors & Omissions Program Specifically Designed for CIC Agencies in California, Nevada, and Texas

MarketScout Announces New Errors & Omissions Program Specifically Designed for CIC Agencies in California, Nevada, and Texas

Coverage Offered Through Relationship with Ironshore - April 18, 2013 - MarketScout Corporation

Upcoming PBS Frontline Show on Retirement Industry Abuses Should Renew Fee Disclosure and Fiduciary Debate

Upcoming PBS Frontline Show on Retirement Industry Abuses Should Renew Fee Disclosure and Fiduciary Debate

The upcoming Frontline TV show, "The Retirement Gamble," which airs April 23, 2013, should focus national attention on how high hidden fees and other anti-investor practices impair the financial security of millions of Americans to have a financially secure retirement, according to author Chuck Epstein. - April 17, 2013 - The Progressive Investor

Todd Ossenfort Wins Grant from Citibank

Todd Ossenfort Wins Grant from Citibank

Todd Ossenfort was instrumental in providing Pioneer Credit Counseling guidance during Citibank’s review of the agency’s application for grant funding under the bank’s grant and community development reinvestment program. - April 15, 2013 - Pioneer Credit Counseling

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