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.
BDA Advises Lavazza on Sale of India Business and Partnership with Everstone-Backed Culinary Brands
BDA Partners is pleased to announce that its client, Lavazza Group, has decided to partner with Everstone to fuel its growth in the India market. Lavazza has also granted Fresh and Honest an exclusive license for the premium Lavazza coffee brand in India. BDA Partners acted as exclusive financial... - December 22, 2022 - BDA Partners Ltd
BDA Advises The Smart Cube on Sale to WNS
BDA Partners is pleased to announce that its client The Smart Cube has been acquired by WNS Holdings Ltd (NYSE: WNS). The Smart Cube is a leading, platform-driven research & analytics (R&A) solutions provider focused on procurement, supply chain, sales and marketing functions. It serves... - December 20, 2022 - BDA Partners Ltd
BDA Advises Doosan on Sale of Enpure to Skion Water
BDA Partners is pleased to announce that its client, Doosan Enerbility (“Doosan”), has sold the assets of UK-based Doosan Enpure (“Enpure”) to SKion Water, the German-based family office of entrepreneur Suzanne Klatten, whose family built BMW and Altana. SKion Water focuses... - December 16, 2022 - BDA Partners Ltd
Partners Federal Credit Union Teams Up with iGrad to Offer the Enrich Personalized Financial Wellness Program to Its 163,000 Members
Enrich is used by more than 20,000 employers and more than 300 financial institutions nationwide, with artificial intelligence technology that engages each user with the most relevant content based on financial situation and stage of life. - December 16, 2022 - iGrad
Bet on Gaming Holdings, LLC Launches Brick & Mortar Casino Fund
Bet on Gaming Holdings, LLC (“BOGH”), a private-owned minority and Minority Business Enterprise (MBE) certified gaming and entertainment company, announced today that it has launched an investment fund to participate in the New York Downstate Casino bid as well as other upcoming brick... - December 14, 2022 - Bet On Gaming Holdings, LLC
JKS Financial Continues Growth, Partnership in Pittsburgh Community
Expansion to support additional client services in Pittsburgh area - December 07, 2022 - JKS Financial
Mirae Asset Securities (USA) Inc. Appointed as Fully Disclosed Clearing Broker for Cboe’s New U.S. Treasuries Trading Platform
Mirae Asset Securities (USA) Inc. today announced it will serve as the fully disclosed clearing broker of Cboe Global Markets’ new U.S. Treasuries trading platform. As a DTCC Fixed Income Clearing Corporation (FICC) member, Mirae will help ensure anonymity on the platform, with all trades on... - December 05, 2022 - Mirae Asset Securities (USA) Inc
A-Team Group Names Winners of Data Management Insight Awards – Europe 2022
Congratulations to the winners of A-Team Group’s Data Management Insight Awards – Europe 2022. These awards recognise both established solution vendors and innovative newcomers providing leading data management solutions, services and consultancy to capital markets participants across Europe. - December 01, 2022 - A-Team Group
NAFA Recognizes Former Executive Director Chip Anderson with 2022 Bo Johnson Spirit Award
NAFA, the National Association for Fixed Annuities, honored its former executive director, Chip Anderson, with the 2022 Bo Johnson Spirit Award for Lifetime Achievement for a career of service to the financial services industry. This prestigious award recognizes an individual with courage, spirit... - November 29, 2022 - NAFA, National Association for Fixed Annuities
A-Team Group Names Winners of RegTech Insight Awards - APAC 2022
A-Team Group announced the winners of its inaugural RegTech Insight Awards – Asia-Pacific 2022 today. The awards were announced during a drinks reception following A-Team Group’s RegTech Summit APAC. - November 29, 2022 - A-Team Group
Startup Launches a New Tool to Protect Vulnerable Adults
Startup oversubscribes $2M seed round to launch software to assist decision-makers for elderly and incapacitated adults. - November 17, 2022 - Advocord
A-Team Group Names Winners of RegTech Insight Awards - USA 2022
A-Team Group announced the winners of its acclaimed RegTech Insight Awards – USA 2022 today. The awards were presented during a lively drinks reception following A-Team Group’s RegTech Summit New York. - November 16, 2022 - A-Team Group
Concord Servicing Promotes Jesus Calahorra to Vice President of Business Development, Vacation Ownership
Concord Servicing today announced that it has promoted Jesus Calahorra to Vice President of Business Development, Vacation Ownership. Calahorra has worked with Concord since 2017 as a Business Development Director, overseeing vacation ownership activities and relationships in Latin America. With his expanded role, Calahorra will manage Concord’s vacation ownership interests on a multinational scale. - November 15, 2022 - Concord Servicing
Tim Reardon Joins Sayres as CEO & Will be a Broadtree Partners Operating Executive
Tim Reardon, former CEO of Constellis, President of Lockheed Martin Information Systems & Global Solutions, and President of Leidos Defense and Intelligence, has joined Broadtree Partners to lead the development and implementation of Broadtree’s GovCon strategy in aerospace, defense,... - November 10, 2022 - Broadtree Partners
Integrated Lending Technologies Announces Partnership with TruDecision to Drive Volume and Profitability with Lenders
Integrated Lending Technologies (ILT) announced today that they have entered into an agreement to partner with Irving, TX-based TruDecision Inc. (TruDecision) to provide sophisticated analytic tools through their Allegro™ Lending Suite (Allegro™) Loan Origination System. By integrating... - November 09, 2022 - TruDecision Inc.
Pack the Pantry Virtual Food Drive Aims to Support Local Community Colleges
Food Drive to Fill Local Community College Food Pantries. - November 08, 2022 - California Coast Credit Union
Echelon Financial Announces the Launch of Their New Website, EchelonFinancial.com, and the "Keep Austin Wealthy" Blog
Retirement Planning for Individuals and Couples Over Age 50. - November 03, 2022 - Echelon Financial
Concord Servicing Announces New Leadership Roles to Complement Core Executive Team
Concord Servicing today announced that it has made changes to its senior leadership team to continue driving growth and innovation and to further cement its reputation as a leader in the loan servicing industry. Jason Alexander joins Concord as the new CEO. As an experienced business leader... - November 01, 2022 - Concord Servicing
University of Northern Colorado Launches iGrad Student Financial Literacy Platform
Research shows that student financial literacy programs can decrease financial stress, improve academic performance and teach students how to manage their finances for a lifetime. - November 01, 2022 - iGrad
Crypto Lists Release Daily Visitor Voting for Coins and Tokens
Crypto Lists' latest addition to their fast growing site is voting functionality, allowing visitors to vote up or down every day on their favorite or least favorite coins and tokens. The new feature is available for all cryptocurrencies with a review on CryptoLists.com from Monday the 31st of October, 2022. - October 31, 2022 - Crypto Lists Ltd.
Yuze – an All-in-One Business Account
Most SME owners would know that opening a business bank account is not one of the easiest things to do... Looking into the market’s needs and the exponential growth of startups in the past two years, a new mobile application "Yuze" created by top professionals is here to make a... - October 27, 2022 - Yuze Digital
Maui County Federal Credit Union Partners with iGrad to Offer the Enrich Personalized Financial Wellness Program to Its 20,000 Members
Enrich is used by more than 20,000 employers and more than 300 financial institutions nationwide, with artificial intelligence technology that engages each user with the most relevant content based on financial situation and stage of life. - October 26, 2022 - iGrad
David Krantz Joins Mirae Asset Securities (USA)
Mirae Asset Securities (USA) Inc. (“Mirae”) today announced that David Krantz has joined the firm as Managing Director and Head of Real Estate for the U.S., based in New York. Within this role, David will oversee all aspects of the business, including acquisitions, asset management and... - October 25, 2022 - Mirae Asset Securities (USA) Inc
The Mortgage Calculator Launches New Company and New Website as a Digital Mortgage Lender
New Mortgage Company Launches with Automated Application Technology for Customers to Apply Online with Over 250 Loan Officers. - October 25, 2022 - The Mortgage Calculator
Spencer Savings Bank Joins ABA and Banks Across U.S. for #BanksNeverAskThat Anti-Phishing Campaign
Spencer Savings Bank has joined the American Bankers Association and banks across the nation to promote an industry-wide campaign educating consumers about the persistent threat of phishing scams. The FTC estimates that consumers lost $5.8 billion to phishing and other fraud in 2021, an increase of... - October 20, 2022 - Spencer Savings Bank
CIG Financial Expands Relationship with TruDecision to Build Captive Lending for AutoNation
CIG Financial, an AutoNation Company (CIG) that will be rebranded AutoNation Finance, announced today that they will be expanding their partnership with Irving, Texas-based TruDecision Inc. (TruDecision) as they build out the captive lending business for AutoNation. On July 21, 2022, AutoNation... - October 18, 2022 - TruDecision Inc.
The Hard Money Lions with the King of Hard Money is on YouTube
One-of-a-kind reality show that will undoubtedly change the way people think about borrowing and lending money for “Real Estate Investing” projects; “Hard Money Lions” is here to show you the ups and downs, the ins and outs, the pretty and the ugly of a unique industry that can make you rich. - October 17, 2022 - HML Investments
World Bank Group Member IFC Invested in Turkey’s Rising Fintech Company, Figopara
Led by L2G Ventures, JIMCO, World Bank Group member IFC, Eczacıbaşı Momentum, Finberg, Maxis Venture Capital affiliate of İş Bankası, Logo Yazılım, Sabancı Ventures, ScaleX Ventures, İstanbul Portfolio Techone Venture Capital Investment Fund and Development Investment Bank of Türkiye (TKYB) Venture Capital. - October 14, 2022 - Figopara
ASC Funds First $1M Bridge Loan for Mixed-Use Building in Chicago
American Street Capital has announced the funding of a $1 million bridge loan for the acquisition of a 7-unit mixed-use building in Chicago, IL. - October 13, 2022 - American Street Capital
Mirae Launches US Overnight Trading Services
Mirae Asset Securities (USA) Inc. announced the launch of US overnight trading services for clients. With the resources and reach of a leading global securities business, Mirae’s US brokerage firm has now expanded its current high touch execution capabilities for its clients by offering... - October 12, 2022 - Mirae Asset Securities (USA) Inc
Pari Passu M&A Mediation Launches to Address Need for Specialist Help with M&A Disputes
Pari Passu M&A Mediation offers a unique value proposition. Rather than seeking to be a disputes resolution generalist, the firm strictly limits its practice to conflicts arising from M&A transactions. Drawing upon more than four decades of successful deal making and problem solving, Pari Passu M&A Mediation helps parties find solutions to challenging and complex M&A-related controversies. - October 11, 2022 - Pari Passu M&A Mediation LLC
Strategic Partnership with Colendi & Fibabanka - Colendi Secured Financing Line of 150M USD from Fibabanka
Colendi, the largest FinTech service provider in Turkey, has made a deal with Fibabanka who agreed to opening a $150 million strategic credit line to Colendi users. With this agreement, Colendi will keep providing opportunities to more than 10 million people. - October 06, 2022 - Colendi
Resource Royalty, LLC Announces Bob Howard, Chairman and Beth Good, CEO
Resource Royalty, a Dallas-based oil and gas royalty portfolio manager since 2010, is pleased to announce changes in senior management. Bob Howard, founder, will assume the role of Chairman and Beth Good, CFO will become CEO. The firm continues to position itself to meet the demands of investors... - October 03, 2022 - Resource Royalty LLC
Stratton Equities Hiring Loan Officers for October 2022 Training Cycle
Stratton Equities is hiring new mortgage loan officers to start working for one of the nation's leading private lenders for real estate investors. As the leading hard money and Non-QM lender in the United States, Stratton Equities is looking to grow its licensed loan officer team. - September 29, 2022 - Stratton Equities
A-Team Group Names Winners of Data Management Insight Awards – USA 2022
A-Team Group announced the winners of its inaugural Data Management Insight Awards – USA 2022 today. - September 23, 2022 - A-Team Group
SkySparc Announces Certification as FIS Integrity Consultancy
SkySparc, a business consultancy, is delighted to announce a major step forward in the development of its FIS services to clients with the completion of its certification as an authorized FIS Integrity consultancy. - September 22, 2022 - SkySparc
Bucharest Stock Exchange and Depozitarul Central Launch the Online Investors Enrollment Platform
Bucharest Stock Exchange (BVB) and Depozitarul Central announce the launch of the Investors Enrollment Platform, a solution built entirely on the Aurachain low-code platform and integrated with eVOTE to facilitate fast onboarding, easy participation and single-click online voting for shareholders and investors in General Shareholders Meetings. - September 22, 2022 - Aurachain AG
Spencer Savings Bank Partners with Habitat for Humanity to Help Fulfill Homeownership Dreams
Spencer Savings Bank recently partnered with Habitat for Humanity of Bergen County to help fulfill local homeownership dreams. The nonprofit helps families build and improve places to call home and provides a “hand up” to community members in need. Spencer employees volunteered their... - September 15, 2022 - Spencer Savings Bank
Mobiloil Credit Union Partners with iGrad to Offer the Enrich Personalized Financial Wellness Program to Its 72,000 Members
Enrich is used by more than 20,000 employers and more than 300 financial institutions nationwide with artificial intelligence technology that engages each user with the most relevant content based on financial situation and stage of life. - September 13, 2022 - iGrad
Spencer Savings Bank Wraps Up “Movies Under The Stars” Series; Hosts Free Outdoor Movie Nights
Spencer Savings Bank recently wrapped up its annual “Movies Under The Stars” series, hosting two free outdoor movie nights for the community in Lodi and Elmwood Park. In June and July, the bank partnered with the Borough of Lodi and the Elmwood Park Recreation Department to host the... - September 11, 2022 - Spencer Savings Bank
Learn.net Appoints Stephanie Crowe as New Chief Executive
Learning technology provider Learn.net appoints new chief executive, Stephanie Crowe. - September 01, 2022 - Learn.net
PCV Murcor Announces David Schiffmayer as Senior Vice President of Operations
PCV Murcor, a nationwide real estate valuations management company, is pleased to announce the hiring of David Schiffmayer to serve as Senior Vice President of Operations. Schiffmayer, with over 18 years in the appraisal industry, will oversee PCV’s Operations Management, Client Services,... - August 30, 2022 - PCV Murcor
Retirement Plan Advisors Expands Participant Advice Solutions
Retirement Plan Advisors' partnership with Stadion Money Management and EPIC Retirement Plan Services brings professional asset management and participant personalization to more working Americans. - August 30, 2022 - Retirement Plan Advisors
Accounting Business Solutions by JCS Guides, Trains and Supports Small Businesses Before, During and After the Sage Partner Cloud Migration Process
As a Sage 100 Certified Hosting provider and Certified Hosting Partner, Accounting Business Solutions by JCS fully accommodates new and current Sage 100 users who realize it’s time to migrate to the cloud but aren’t sure how to do it or where to begin. With customer-centric attention and dedicated experience, Accounting Business Solutions guides small businesses through each step before, during, and after the Sage 100 cloud migration process. - August 18, 2022 - Accounting Business Solutions by JCS
City National Bank Partners with iGrad to Offer the Enrich Personalized Financial Wellness Program to Its 150,000 Members
City National Bank has teamed up with San Diego-based financial education company iGrad to offer the award-winning Enrich™ financial wellness platform to its 150,000 members. Based in Charleston, W.V., City National Bank has 90 locations in West Virginia, Kentucky, Virginia and Ohio. City... - August 17, 2022 - iGrad
SkySparc Deepens Strategic Finance Sector Expertise with Mindbanque Acquisition
SkySparc, an independent solutions provider, is delighted to announce the completion of its acquisition of Mindbanque, a specialist in strategic, operational and transformation consultancy focused on the Nordic finance sector. - August 16, 2022 - SkySparc
Laurel Bank Machines Exhibits at 2022 Jack Henry Connect, August 30 - September 1 at San Diego Convention Center
Jack Henry connects people with financial institutions and solutions to serve their communities, along with an annual educational conference and technology showcase as an extension of its commitment to strengthening connections and forging relationships. The conference is a wonderful opportunity for banks, credit union leaders, and representatives to connect with technology partners, Jack Henry leadership and each other to discuss, grow, and learn together. - August 16, 2022 - Laurel Bank Machines
Mars Bank’s Drenchko Appointed to Regional Office
Mark Drenchko, Senior Vice President, Chief Commercial Officer at Mars Bank, has been elected group chair of the Pennsylvania Bankers Association (PA Bankers’) Group One. The groups within the state are defined by geography and play a significant role in the nominating process, banker... - August 12, 2022 - Mars Bank
Crypto Lists Reach 150 Deposit Methods
Crypto Lists Ltd comparison reach 150 different funding providers, to make it simple for potential cryptocurrency investors to get started. The methods shown are available from around the world and range from credit- and debit cards to e-wallets and cryptocurrencies. - August 10, 2022 - Crypto Lists Ltd.
Introducing First Fidelity Guarantee, a Financial Services Firm Proficient in CD Brokerage, IRA and Money Market Accounts
First Fidelity Guarantee is a certificate of deposit brokerage firm that is proficient in the business of placing deposits or facilitating the placement of deposits of third parties with FDIC insured depository institutions. Simplified for the layman, a brokered CD is a certificate of deposit... - August 08, 2022 - First Fidelity Guarantee