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.
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
RiXtrema Inc. Adds Drs. Yaacov Kopeliovich and Barry Schachter to the Research Team
RiXtrema, Inc. (www.rixtrema.com), a leading risk management modeling and software provider to the investment management industry, is pleased to announce today the addition of Dr. Yaacov Kopeliovich and Dr. Barry Schachter to the research team. Dr. Kopeliovich, who joins RiXtrema as a Director of... - March 26, 2013 - RiXtrema
James McDonough Named President & CEO of Randolph Savings Bank
James McDonough has been elected President and CEO of Randolph Savings Bank according to Richard Pierce, Chairman of the Board. He succeeds Jack Doyle who is retiring. McDonough most recently served as Chancellor and Chief Financial Officer of the Roman Catholic Archdiocese of Boston and currently... - March 26, 2013 - Randolph Savings Bank
Capital Market Thought Leader Dr. Frank Zheng Sheds Light on the Future of Asset Management in China
Demand among China's high net-worth individuals (HNWIs) for trusted asset management tailored to their specific needs is growing rapidly. The trend presents key opportunities for local specialists prepared to play the long-game. - March 26, 2013 - Z. H. STUDIO
Otto Media Produces Series of Web Videos Showcasing Next from Northern Credit Union
Otto Media is working with Northern Credit Union on a series of web videos that showcase the credit unions new line of Next Products designed for young adults. The videos will cover a variety of products that range from loans to eChecking and eSavings accounts. - March 22, 2013 - Otto Media
Bank Sales Training Video by Clarity Advantage Offers Conversational Tips for Successful Prospecting
In Clarity Advantage’s new bank sales training video for business bankers, President Nick Miller answers the question, “Tell me about you,” in a way that captures a prospect’s attention, brings them back for additional conversation, and accelerates sales. - March 22, 2013 - Clarity Advantage Corporation
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
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
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
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
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
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.
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
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
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
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
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
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 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
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
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
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