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.

Metro Magazine Readers Name Paragon Commercial Bank "Best Bank for a Loan"

North Carolina’s First Business-Only Bank Receives Prestigious “Standing Ovation” Top Prize for Loan Services - July 25, 2012 - Paragon Bank

Zhenuine Announces the Allowance of Two Patents Covering User-Controllable RFID

Patented user-controllable RFID, which make it easy for consumers to switch on the contactless card/tag when the card/tag is in use. Consumers can finally have a peace of mind knowing that their information is protected. - July 24, 2012 - Zhenuine

Homeowner in Foreclosure Hosts Seminar to Help Others Save Their Homes

Illinois Homeowners Fighting Foreclosure (IHFF) is presenting seminars teaching families in foreclosure how to save their homes. The first seminar will be held noon to 3 p.m. Saturday, July 28, at the Pheasant Run Resort, 4051 E. Main St., St. Charles, IL. - July 24, 2012 - Joseph P. McCaffery & Associates

RSSM Names New Managing Partner and Administrative Managing Partner

RSSM Names New Managing Partner and Administrative Managing Partner

Michael Bernstein, CPA has been named Managing Partner succeeding Martin Greenberg, CPA who previously served as managing partner of RSSM and David W. Ostrow, CPA has been named Administrative Managing Partner, a newly created position. - July 23, 2012 - Rosen Seymour Shapss Martin & Company LLP

The BSC Group Arranges $15.125M Financing for 7 Property Portfolio Acquisition

The BSC Group Arranges $15.125M Financing for 7 Property Portfolio Acquisition

The BSC Group, LLC, a leading commercial real estate financing advisor and provider of debt and equity capital solutions for self-storage owners, announced it arranged $15.125M in financing on behalf of Storage Pros Management LLC for 7 self-storage properties in two separate portfolio transactions... - July 23, 2012 - The BSC Group, LLC

Uniastrum Bank Launches New Internet Bank Throughout Entire Coverage Area

The lender’s new online banking service is now available nationwide. - July 22, 2012 - Uniastrum Bank

“Will I Outlive My Money?” Free Educational Seminar Hosted by Daniel A. White & Associates

Daniel A. White & Associates, a retirement planning firm based in Glen Mills, will host a free informational seminar called, “Will I Outlive My Money?” for individuals in need of financial advice. The event will take place at 5:30 p.m. Thursday, July 26 at the Dilworthtown Inn,... - July 20, 2012 - Daniel A. White & Associates

SteadyRain Mobilizes Landmark Bank’s Mortgage Rates

SteadyRain announces the development of a new consumer mobile application designed to provide the latest Landmark Bank mortgage rates to current and future customers. - July 20, 2012 - SteadyRain

Gene T. Offredi, Recently Recognized by America’s Registry of Outstanding Professionals

Gene T. Offredi, of Guilford, Connecticut, has recently been recognized by America’s Registry of Outstanding Professionals for his outstanding contributions and achievements in the field of Financial Planning and Wealth Management. About Gene T. Offredi Gene is licensed as an Investment... - July 20, 2012 - America's Registry of Outstanding Professionals

Texas Trust Launches Mobile Solutions and Debuts First of Many Mobile Services

Texas Trust's mobile app allows consumers to conduct secure financial transactions, including accessing account data, check account balances and transfer money between accounts. The Texas Trust mobile app is available on iPhone and Android devices. - July 19, 2012 - Texas Trust Credit Union

UAE Exchange Qatar Joins Hands with Ezetop and cashU

Customers can now top-up the mobile phones of their dear ones back in their home countries with Ezetop and also reload their cashU card, the online money payment card from any of the seven branches of Qatar - UAE Exchange. - July 19, 2012 - UAE Exchange

OREO Management Software - FDIC Presents Opportunities to Well Positioned Banking Institutions in Need of OREO Systems

In the last two years as a result of the mortgage crisis over 281 banks have been seized by the FDIC. The conservative banks during the mortgage boom are in a positive economic position to inherit Other Real Estate Owned (OREO) assets from failed institutions overseen by the FDIC. Consequently, as... - July 18, 2012 - TAZA Systems

Axacore EDM for Mortgage Provides Total Enterprise BackOffice Solution Platform Traditionally Deployed Solely for Loan Documents

In a recent blog posted on nationalmortgagenews.com, Axacore’s Channel Sales Manager Steve DeBlasio suggests having the best Loan Origination(LOS) and/or servicing solutions remain at the top of any lenders IT initiative list as they should be. He also challenges them to re-examine their IT... - July 18, 2012 - Axacore Inc.

Paragon Commercial Bank Names Terri Bowles as Client Relationship Coordinator

7-Year Banking Industry Veteran Responsible for Client Relations - July 18, 2012 - Paragon Bank

Poll Targets New Issue in Presidential Race

Consensus Research Group analysis of July 2012 poll data points to the "government-banking complex" as the new enemy in the minds of voters in this year's presidential elections. - July 17, 2012 - Consensus Research Group Inc.

"The Next Perfect Storm" Descends Upon Las Vegas

"The Next Perfect Storm" Descends Upon Las Vegas

Patrick Bet-David, CEO of People Helping People, and Former Presidential Candidate Rick Santorum to Address Nation’s Financial Planners. - July 15, 2012 - People Helping People (PHP)

Farmers & Merchants Bank Names Phillip Bond Chief Credit Officer

Farmers & Merchants Bank (F&M) recently named Phillip Bond as Executive Vice President and Chief Credit Officer, where he will oversee all credit administration practices for the Bank’s 21 branches in Los Angeles and Orange Counties, including special assets and residential... - July 14, 2012 - Farmers & Merchants Bank

Paragon Commercial Bank’s Wire Room Crime Fighting Efforts Recognized by FBI Director Robert Mueller

Commercial Bank Focuses on Preventing Hijacking of Client Account Information - July 11, 2012 - Paragon Bank

Leading Consumer Reviews and Online Shopping Website MyReviewsNow.net Welcomes Efinancial

Leading Consumer Reviews and Online Shopping Website MyReviewsNow.net Welcomes Efinancial

MyReviewsNow.net’s Newest Affiliate Partner Efinancial Offers a Quick, Easy and Convenient Way to Buy Life Insurance. Plus, People who Shop for Life Insurance at Efinancial Can Access Free Unbiased Advice from Licensed Insurance Agents. - July 09, 2012 - Retail Solutions Advisors

Texas Trust Calls on High School Students to Join Youth Advisory Council

Texas teens interested in learning about personal finances and credit union leadership are invited to join the Texas Trust Youth Advisory Council. Up to 20 high school students will be chosen to be on the 2012 Texas Trust Youth Advisory Council. - July 09, 2012 - Texas Trust Credit Union

MyReviewsNow.net Features 60% Off Plus 4 Weeks Free Sale on Barron’s Magazine Subscription

MyReviewsNow.net Features 60% Off Plus 4 Weeks Free Sale on Barron’s Magazine Subscription

MyReviewsNow.net’s Features 60% Sale on One Year Subscription to Barron’s Magazine. Subscribers will Save $50 Off the Regular Price and $161 Off the Newsstand Price. They’ll Also Receive 4 Weeks Free and Can Cancel their Subscription Anytime. - July 07, 2012 - Retail Solutions Advisors

Retirement-Toolbox LLC Releases New Video: Tax-Free Retirement Plans

Enjoy the Magic and Power of Tax-Free compounding and Easy Access to Your Money When You Need It, Income Tax-Free and Penalty Free. - July 05, 2012 - Retirement-Toolbox LLC

UAE Exchange Opens the 14th Branch in Dubai Metro

UAE Exchange opened Union Metro branch, the 14th one in the Metro railway station network in Dubai, which is also the 114th branch in the UAE and 600th globally. - July 03, 2012 - UAE Exchange

Uniastrum Bank Appoints New CEO

Uniastrum’s Board of Directors has approved the nomination of Eugene Romakov as Chairman of the Management Board. Mr. Romakov will step into his new role once the Bank secures the necessary approvals from the Central Bank of the Russian Federation. - July 01, 2012 - Uniastrum Bank

Recent Checking Account Disclosure Report Lauded by ClearOne Advantage Executives

Executives at ClearOne Advantage, a Maryland-based debt resolution company, are encouraged by a recent report from Pew Charitable Trusts that investigates the issues surrounding checking account disclosure practices, and supports Pew’s call for stricter industry guidelines and regulation to... - June 30, 2012 - ClearOne Advantage

LTC Tree Study Finds Mac Users Buy More Long Term Care Insurance, Too

LTC Tree Study Finds Mac Users Buy More Long Term Care Insurance, Too

An article this week in the Wall Street Journal reveals that users of Apple’s Macintosh computers who visit travel site Orbitz spend an average of $30 more per night on hotels than their Microsoft Windows PC counterparts. With higher per-capita income and different buying patterns, a new study indicates that Macintosh computer users also purchase bigger Long-Term Care Insurance policies, and more often. - June 29, 2012 - LTC Tree

The Deley Group Opens Insurance Office in Edina

The Deley Group has opened its Edina, Minnesota location. Servicing, the State of Minnesota including Minneapolis, St.Paul, Brooklyn Park, Brooklyn Center, Burnsville, Cloquet, Duluth, Edina, Eden Prairie, Inver Grove, Inver Grove Heights, North Oaks, Maple Grove, New Brighton, Plymouth, Woodbury and Stillwater. They offer American Income Life's products and services. - June 28, 2012 - The Deley Group

SkyREPORT’s Interface Builder Now Offers More File Formats and Even Greater Efficiency

SkySparc, the financial consulting firm, has further enhanced the functionality of its SkyREPORT platform to offer even greater flexibility and efficiency when building interfaces between different systems and data sets. - June 28, 2012 - SkySparc

Jerri Simpson “The Debt Lady” Tells How to Get Debt Collectors to Stop Harassing You

Financial Strategist Gives Tips on Handling Abusive Debt Collectors - June 28, 2012 - The Debt Lady

Jerri Simpson "The Debt Lady" Releases New Book on Handling Financial Stress

Financial Strategist Re-Examines the American Dream and Where It is Going - June 28, 2012 - The Debt Lady

Bill Duggins, CFP®, CPA, AIF® Once Again Receives Orange Coast Magazine's Five Star Wealth Manager Award

Bill Duggins, CFP®, CPA, AIF®, founder of Duggins Financial, an independent boutique firm specializing in investment management for private clients and retirement plan consulting to corporations, has been listed in the April 2012 issue of Orange Coast magazine as a Five Star Wealth Manager. - June 28, 2012 - Duggins Financial

Death of Long Term Care Insurance Industry? LTC Tree Launches LTC Summer Series on Why That's Not the Case.

Death of Long Term Care Insurance Industry? LTC Tree Launches LTC Summer Series on Why That's Not the Case.

Three major insurance giants have exited the individual Long Term Care Insurance (LTCI) market in the past 24 months, and many in the media have begun to speculate that the industry is on life support. As Twain once mused after his obituary was prematurely published in a New York newspaper, “The reports of my death are greatly exaggerated.” LTC Tree gives the rational side of why LTCI is here to stay in a new LTC Summer Series featured on its website. - June 27, 2012 - LTC Tree

Citizens Bank Opens New Amarillo Location

Citizens Bank confirms a June 29th Grand Opening for its new Amarillo banking facility. - June 23, 2012 - Citizens Bank

Bankruptcy Network Provides Canadians with Online Resources

Personal Bankruptcy Canada organizes a website full of information on bankruptcy for Canadians. - June 22, 2012 - Personal Bankruptcy Canada

UAE Exchange Voted Superbrand the Fourth Time

The leading global remittance and foreign exchange brand earlier featured in the coveted Superbrands list in 2009, 2010 and 2011 too. - June 21, 2012 - UAE Exchange

Yorktown University Offers Free Access to Lecture "The Relevance of the Critique of Government by the Physiocrats"

Yorktown University Offers Free Access to Lecture "The Relevance of the Critique of Government by the Physiocrats"

“The Relevance of the Critique of Government by the Physiocrats,” by economist Dr. William Luckey is offered in a series of nine free lectures by Yorktown University released today. The Physiocrats, an 18th century French school of Economics that demonstrated that government tax... - June 20, 2012 - Yorktown University

iOption, Binary Option Broker Introduces Two New Features "Long Term Expiry Dates" and "Cross Market Assets"

With the addition of these two features, traders can now incorporate more advanced trading strategies to their investments and also find new and exciting ways to trade, such as trading gold against the euro, in a simple one step trade. - June 20, 2012 - iOption Ltd

New Website, Online-Stock-Brokers.com, Offers Online Traders an Independent Comparison of Stock Brokers

New Website, Online-Stock-Brokers.com, Offers Online Traders an Independent Comparison of Stock Brokers

Online-Stock-Brokers.com lists stock broker reviews including detailed information about their business practices and trading platforms as well as including an easy ten-point scale to follow. - June 19, 2012 - Best Online Brokers

Appropriate Balance Financial Services Announces Expansion Into 401(k) Pension Planning

Appropriate Balance Financial Services, Inc. (ABFS) announced today that it will leverage its extensive investment management experience by expanding into 401(k) and 403(b) pension planning services. “This is a very natural extension of the investment management and financial planning... - June 19, 2012 - Appropriate Balance Financial Services, Inc.

Finstek, Inc. Today Announced the Successful Completion of Its Sales, Marketing, Operational, Compliance and Technology Consulting Project for FXdirect Bank, Germany

Finstek, Inc. today announced the successful completion of its sales, marketing, operational, compliance and technology consulting project for FXdirect Bank, in Oberhausen, Germany. - June 19, 2012 - Finstek Inc.

"How do You Like Me Now? A True Story of Greed, Fear, and Disaster as a Wall Street Day Trader" by Successful Day Trader Robert James Perrego Now on Sale

Uniastrum Bank Runs Special "Golden Days with Visa Gold" Promo

In order to take part in the prize promotion program, between May 20 and July 20 customers simply have to apply for a Visa Gold card at any Uniastrum outlet then spend upwards of Rb 2,000. - June 15, 2012 - Uniastrum Bank

Uniastrum Bank Reports 13% Annual Net Income Growth

FY11 results drafted to IFRS show net income of Rb 459 mn, up 13% on the previous year. - June 15, 2012 - Uniastrum Bank

The StoneHill Group Offers MERS® System Members Assistance with Monthly Reconciliations and Annual Reporting

The StoneHill Group Offers MERS® System Members Assistance with Monthly Reconciliations and Annual Reporting

The StoneHill Group, a national provider of pre- and post-closing quality control audits, fulfillment, due diligence, and collateral audits to mortgage bankers, banks, credit unions, and the financial services industry, today announced a service to help MERS® System members comply with their... - June 14, 2012 - The StoneHill Group

OTM Put Option Selling Finally Places Investors in the Driver’s Seat

Dallas trading partners share their overwhelmingly successful stock market technique in a new book. - June 14, 2012 - Buchanan & Palmer Financial Services LLC

Rich Dad to Share Financial Education Insights in Russia June 16th

See Expert Robert Kiyosaki via Free Facebook Livestream at http://on.fb.me/RichDadRussia - June 14, 2012 - The Rich Dad Company

Brad Connors Named One of Investment Centers of America’s Top Ten Representatives for 2012

Investment Centers of America, Inc. (ICA) recognized Brad Connors as one of ICA’s top ten representatives at the company’s national conference in Ponte Vedra Beach, Florida. The annual event, held March 7-10 at the Sawgrass Marriott Resort, provided an opportunity for attendees to share... - June 14, 2012 - iWealth

UAE Exchange Qatar Opens Yet Another Door of Convenience

The remittance brand added a new link to the chain of branches. The seventh branch, opened in Al Khor, strengthened the network across Qatar. - June 14, 2012 - UAE Exchange

Direct Currency Markets Limited Announce the Launch of DIRECT Institutional Services for Retail Currency Traders Worldwide

Direct Currency Markets Limited Announce the Launch of DIRECT Institutional Services for Retail Currency Traders Worldwide

Direct Currency Markets Limited is excited to announce new Institutional level trade services and trading account options to retail clients globally. As the next step in the Company global growth plan, and to better service the growing demand for DCM's reliable, transparent, high performance trade execution, the Company has upgraded all trade execution infrastructure and MetaTrader 4 trading account options, including Mobile trading platforms for iPhone/iPad, Android accordingly. - June 12, 2012 - Direct Currency Markets Limited

Lois Hamblet, CEO of Ziptip, a Mobile Payments Solution for Tips and Gratuities, and One of Boston's Hottest Startups, Interviewed by Pymnts.com

Lois Hamblet, CEO of Ziptip, a Mobile Payments Solution for Tips and Gratuities, and One of Boston's Hottest Startups, Interviewed by Pymnts.com

Lois Hamblet, CEO of Ziptip, Inc., (ziptip.net) a mobile payments solution designed specifically for the payment of tips and gratuities for service workers, has been interviewed by Alex Walsh of Pymnts.com as part of Pymnts.com’s Innovators Series. Pymnts.com is an online media channel that... - June 11, 2012 - Ziptip, Inc.

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