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.
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, 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 – 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, 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
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
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, 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
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
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
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
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 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
SWACHA Announces First Annual Executive Leadership Payments Summit in Dallas on May 30, 2013
Inaugural Summit to Focus on the Future of Mobile Payments Dallas-based SWACHA, one of the largest not-for-profit regional payments associations in the country, unveiled today plans for its inaugural Executive Leadership Payments Summit. This Payments Summit is designed to bring together leaders... - April 12, 2013 - SWACHA
New MyPrivateBanking Research Report: Global Benchmarking of Banking Apps – a Few Excellent, Majority Still Offering Users Only Basics
DBS and Capital One offer the best mobile apps; Société Générale, ABN AMRO and Westpac in Top 5 - April 12, 2013 - MyPrivateBanking GmbH
The BBB Increases Card Payment Direct’s Overall Rating to an A+
Card Payment Direct earns the highest rating for service excellence and consumer confidence from the Better Business Bureau (BBB). - April 10, 2013 - Card Payment Direct
CardFlex News: Prepaid Payroll Cards - The Perfect Way to Pay Underbanked Employees
Prepaid payroll cards are the best alternative to paper paychecks, offering numerous advantages to business and their underbanked employees. - April 10, 2013 - CardFlex
Dan White & Associates Offers Free Financial Planning Seminar
Daniel A. White & Associates president and founder Dan White will lead a free financial planning seminar titled, “Will I Outlive My Money?” addressing pressing financial planning concerns and offering advice for those preparing for their retirement. - April 10, 2013 - Daniel A. White and Associates
Swacha Hosts Second Annual Free Paper Shredding Event for PayItGreen Month
SWACHA Hopes to Shred 18,000 Pounds of Paper in Two Hours - April 10, 2013 - SWACHA
MarketCounsel Launches an Innovative Breakthrough RIA Startup Strategy for Advisors Going Independent
MarketCounsel adds to its arsenal with its new Tactical Strategy overlay to the RIA Incubator program and provides prospective independent advisors with a speed-to-market solution. - April 09, 2013 - MarketCounsel, LLC
Colleagues In Law's Innovative Service Saves Homes
Colleagues in Law, a California firm providing client-focused interdisciplinary services has become the Nation’s top secret to the long battle against Mortgage Lending. As the situation of homeowners nationally has worsened and stories of Lender/Servicer neglect have increased, the Advocacy... - April 05, 2013 - Colleagues in Law
Web Financial Group Hires Luan Cox to Manage U.S. Market Entry
Web Financial Group S.A., the leading provider of financial data, front end functionalities, analysis and applications in the U.K. and continental Europe, today announced the opening of their first North American office in New York. Julio Bueso, founder and CEO said: “Web Financial Group has... - April 05, 2013 - Web Financial Group
Orchard Сourse Markets: The Situation Around the Cypriot Banking System Will Not Affect Their Clients
Clients of Orchard Course Markets will not be affected by the freezing of accounts in Cyprus: neither Orchard-cm, nor its partners have transit or current accounts registered within the jurisdiction of Cyprus. “All settlements are cleared through our Baltic partner banks,” comments... - April 04, 2013 - Orchard-cm
The MarketCounsel Summit Opens Registration, Announcing a Joint Keynote Address by Sen. Christopher Dodd and Rep. Barney Frank
The architects of the historic Dodd-Frank Wall Street Reform and Consumer Protection Act will deliver a joint keynote at The MarketCounsel Summit on December 10th through 13th at the Four Seasons Hotel in Las Vegas. - April 04, 2013 - MarketCounsel, LLC
Elios Financial Group’s Jim Elios Named 2013 Cleveland Five Star Wealth Manager
James T. Elios, MBA, CHFC©, CLU©, was named a recipient of the 2013 Cleveland Five Star Wealth Manager award. Award winners appear in a special section in the March issue of Cleveland Magazine and Inside Business. - April 04, 2013 - Elios Financial Group, Inc.
Paragon Bank Names Ryan Borst Senior Vice President and Client Development Officer
Local Bank Adds 15-Year Industry Veteran to Manage Commercial and Personal Banking for Clients. - April 04, 2013 - Paragon Bank
Regional Banking Leader Takes the Helm at Alliance Bank & Trust
Alliance Bank & Trust, a North Carolina community bank with branches in Gastonia, Shelby, and Kings Mountain, announced its board of directors has chosen Mr. Don Harrison to lead their team. Pending regulatory approval, Mr. Harrison will serve as the new President and Chief Operating Officer. - April 03, 2013 - Alliance Bank & Trust
Texas Trust Launches Mobile Deposit for Consumer Banking Applications
With mobile deposit from Texas Trust Credit Union, members can make deposits with a smartphone from virtually anywhere, anytime, just by taking a picture of the check. - April 03, 2013 - Texas Trust Credit Union
FXOpen Group Keeps No Accounts in Cyprus
In response to clients’ inquiries FXOpen broker would like to make an official statement that none of FXOpen Group run any business in Cyprus. The company keeps no accounts in the country and has no relation to its banking sector. Thus, the clients of the broker may not worry about the safety of their assets. - April 02, 2013 - FXOpen
Coverage Solutions Inc. Gains Safeco Insurance® Appointment, Providing New Options for Port St. Lucie and Treasure Coast Customers
Coverage Solutions, Inc. receives a direct appointment with Safeco Insurance, a Liberty Mutual Company. - April 02, 2013 - Coverage Solutions Inc
Tampa Bay Federal Credit Union to Hold Youth Fest and Shred-A-Thon in Riverview
On Saturday, April 27th, Tampa Bay Federal Credit Union will hold a Youth Fest & Shred-A-Thon Event at their Riverview Service Center, 10845 Boyette Road, Riverview, Florida from 10 a.m. to 1 p.m. Current and prospective members are invited to attend. - April 01, 2013 - Tampa Bay Federal Credit Union
Mentor-Ship Announces Expansion of Development and Leadership Services for Professionals and Post-Graduate Students
Dallas, Texas-based Mentor-Ship announced today the expansion of Development and Leadership services focused on Young Professionals and Post-graduate Students. - March 31, 2013 - Mentorship
Mortgage Compliance Firm Expands as New Regulations Take Effect
Cognitive Options Group, a national consulting firm specializing in mortgage compliance and loan due diligence reviews, is expanding the firm due to increasing demand for their services as new mortgage banking regulations and rules from the CFPB are being implemented. Cognitive Options Group has... - March 28, 2013 - Cognitive Options Group, LLC
BubbleProtection.com Announces Coverage of Full Tilt Poker
Bubble Protection, the world leader in online poker tournament entry fee protection and indemnity, announced they have initiated coverage of Full Tilt tournaments with buy-ins starting at ten dollars. BubbleProtection is an online poker indemnity tool designed to capitalize on the hundreds of... - March 27, 2013 - BubbleProtection
Paragon Bank Names Greg Roberts Credit Analyst
Local Bank’s Charlotte Office Adds New Hire to Research and Review Business, Personal Loans. - March 27, 2013 - Paragon Bank