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.
RAKBANK Scoops “Best Marketing Campaign of the Year” Award
Bling campaign delivers results in both uptake and ROI - June 03, 2012 - RAKBANK
Uniastrum Bank Among Russia’s Top-20 Auto Financers in 2011
Results for the reporting year show the lender placing 13th by auto loan portfolio value, as rated by information and analysis agency Banki.ru - June 02, 2012 - Uniastrum Bank
Quality of Life Improves with Consumer Credit
So say the majority of respondents to a poll conducted by Uniastrum Bank on its website March 22 - April 22 which asked “What does Consumer Credit mean to You?” - June 02, 2012 - Uniastrum Bank
China Becomes the Latest and Major Link in the UAE Exchange Global Network
UAE Exchange, the leading global remittance and foreign exchange brand, started its retail operations in China with the inauguration of Himalayas Centre Mall branch in Pudong District of Shanghai. - June 02, 2012 - UAE Exchange
RAKBANK Expends Its Chinese Enabled ATM Network
RAKBANK has set up a Chinese-Enabled Automated Teller Machine (ATM) at Burj Al Arab Hotel, one of the world’s most luxurious hotels. This is the latest addition to the Bank’s network of ATMs that support Chinese language, bringing their total number to 41, out of the 150 machines... - June 01, 2012 - RAKBANK
RAKBANK Launches Promotion with LifeStyle Fine Jewelry
RAKBANK has tied up with LifeStyle Fine Jewelry offering its Cardholders exclusive gifts upon the purchase of any jewellery creation from the retailer’s extensive array of internationally renowned collections. Customers are offered a complimentary, uniquely designed diamond and pearl pendant... - June 01, 2012 - RAKBANK
RAKBANK Announces a New Millionaire
Chanchal Gala couldn’t have wished for a better start to 2012! RAKBANK has credited her account with one million dirhams. A mother of two and an owner of an electronics business in Deira, Dubai, Chanchal was announced as the winner of RAKBANK’s biannual millionaire draw held for its... - June 01, 2012 - RAKBANK
pharmaCline Announces Merger Agreement and New Dental Division
pharmaCline, a manufacturer of innovative pharmaceutical products, announced that it has entered into a merger agreement with Concept Two Solution, LLC, a dental wound care products company located in Goodrich, Michigan. Concept Two Solution focuses on developing innovative minimally invasive... - May 31, 2012 - pharmaCline
Texas Trust Credit Union Again Named Best Financial Institution by Focus Daily News
Texas Trust Credit Union continues to rank highly among consumers as a preferred financial institution. Focus Daily News awards Texas Trust the Focus on Excellence Award for best financial institution serving southern Dallas county and northern Ellis county. - May 29, 2012 - Texas Trust Credit Union
Chris Walsh Named CEO of Sunwest Bank
Orange County, California-based Sunwest Bank (OTC: SWBC) has named Chris Walsh as its CEO in addition to serving as its president. - May 26, 2012 - Sunwest Bank
Paragon Commercial Bank to Lend Resources to the Alternative Board
Triangle-Based Business Bank Partners with Organization Supporting Small Business Owners - May 26, 2012 - Paragon Bank
PC Cheque Software Memorial Day Offer: EzCheckPrinting Free Through TrialPay
From saving time and money, to increasing security and convenience, the new edition of ezCheckprinting from Halfpricesoft increases small business productivity. And users can get it for free through Memorial Day offer at www.halfpricesoft.com. - May 26, 2012 - Halfpricesoft
UAE Exchange Bahrain Launches Smart Pay
Smart Pay, the leading payroll solution from UAE Exchange was launched in Bahrain. Smart Pay provides convenient payroll management and salary disbursal for organisations and easy salary collection for their employees, while complying with all labour laws of the Government. - May 26, 2012 - UAE Exchange
SAIB Selects iCreate's Biz$core for Central Bank of Egypt Reporting, Financial Analysis and Customer 360
Pre-built, Banking-BI Solution to Enable Regulatory Reporting, Analytics and Customer Intelligence - May 26, 2012 - iCreate Software
Education Workshop Titled "Will I Outlive My Money?" to Be Hosted by Daniel A. White and Associates May 30
Retirees and pre-retirees of all ages are invited to the Dilworthtown Inn, located at 1390 Old Wilmington Pike, West Chester, PA, 19382, on Wednesday, May 30 for an educational workshop titled “Will I Outlive My Money?” hosted by Daniel A. White & Associates, a retirement planning... - May 24, 2012 - Daniel A. White & Associates
Mansfield ISD High School Students Demonstrate School Spirit in Texas Trust Card Design Contest
Artwork of seven students of Mansfield ISD high schools will be featured on new debit cards. The artwork was chosen from 83 designs as part of the Spirit Debit Reward Card design contest, sponsored by Texas Trust Credit Union. More than 28,000 votes for the designs were received on Facebook. - May 24, 2012 - Texas Trust Credit Union
Total Mortgage Expands Headquarters to Accommodate Growth
Strong origination growth and focus on operational excellence spurs expanding workforce. Continues to hire high quality mortgage professionals committed to customer service. - May 23, 2012 - Total Mortgage
Uniastrum Bank Launches Moscow Office on Three Station Square
The new outlet, at Bldg 1, 6, Komsomolskaya Square, is open seven days a week, 9:30am-8:30pm Monday-Friday and 10:00am-5:00pm at weekends. - May 23, 2012 - Uniastrum Bank
Dragas Mortgage Company Selects JASE Group LLC as Advertising Agency of Record
JASE Group LLC (jasegroup.com) will serve as the Inbound Marketing & Creative Advertising agency of record for Dragas Mortgage Company (dragasmortgage.com) of Virginia Beach, VA. - May 20, 2012 - JASE Group Marketing & Advertising Agency
Paragon Commercial Bank Selects MMI Public Relations as Agency of Record
Public Relations Firm Tapped to Provide PR Services for North Carolina’s First Business-Only Bank. - May 20, 2012 - MMI
Western Sky Loans is Pleased to Launch Cash Loans Service Online
Western Sky Loans has finally launched its much awaited online cash loan services. The company has superfast loans that help people get their hands on much needed money in times when they have no other way to get cash. - May 19, 2012 - Bright Sky Lending
UAE Exchange Opens Its 11th Branch in Bahrain
The 11th branch, located on Exhibition Road, further strengthens the strong network of branches across the Kingdom of Bahrain. - May 19, 2012 - UAE Exchange
MRG Document Technologies Partners with The Stonehill Group to Offer Cost Effective Closing and Post-Closing Solutions for Mortgage Lenders Nationwide
The StoneHill Group, a nationwide provider of quality control audits, fulfillment, due diligence and FHA insuring solutions for mortgage originators, announced a strategic alliance with MRG Document Technologies (MRG), a leading provider of mortgage document preparation software and mortgage... - May 17, 2012 - The StoneHill Group
EzCheckPersonal Check Writer is Free When Customers Send Flowers to Mom
New ezCheckPersonal customers can get Halfpricesoft.com’s popular personal check writing software free when they order flowers for Mother’s Day using TrialPay at www.halfpricesoft.com. - May 12, 2012 - Halfpricesoft
UAE Exchange Extends FLASHremit in Philippines
- Joins hands with "Asia United Bank" and "Metropolitan Bank & Trust Co" - Account credit in real time - SMS notification to both parties on account credit - May 12, 2012 - UAE Exchange
Talk Radio Program Mr. Credit Joins GetCreditInformation.com and Can Now be Heard on the GetCreditRadio Player
Talk radio program Mr. Credit, ESPN Radio 1700am, is now syndicated on GetCreditRadio a new feature to visitors of GetCreditInformation.com. - May 11, 2012 - Dubose & Dubose
Paragon Commercial Bank Sponsors Triangle Tea Society Events
Group Offers Networking Opportunities to Triangle-Area Women Business Leaders. - May 11, 2012 - Paragon Bank
zIngenuity, Inc. Hires Scott Friedberg as Vice President of Operations and Underwriting
zIngenuity, Inc., a national provider of mortgage analytics, risk management, loss mitigation, and contract underwriting for mortgage lenders and servicers, has hired Scott Friedberg as Vice President of Operations and Contract Underwriting. In this role, Scott is responsible for the continued... - May 10, 2012 - zIngenuity, Inc.
Tougher Regulation on Credit Card Protection Plans Applauded by ClearOne Advantage
Executives at ClearOne Advantage, a Maryland-based debt resolution company, are encouraged by recent efforts being made by federal regulators in creating stricter guidelines for credit card payment protection plans and urge consumers to make educated decisions before signing up. “These plans... - May 09, 2012 - ClearOne Advantage
Uniastrum Launches Rapid Return Short-Term Deposit Option
The Bank’s latest deposit initiative is ideal for customers looking to set aside funds for 91-181 days and enjoy strong returns on their investment. - May 07, 2012 - Uniastrum Bank
Uniastrum Bank Captures Top-30 Slot for Number of Cards in Circulation
Figures released by RosBusinessConsulting news agency show the lender placing 30th for total cards circulating in 2011 - May 05, 2012 - Uniastrum Bank
New Book Introduces Banking Industry's Next Generation of Business Clients
Tek the robot is back in the town of Opportunity, and this time he's brought a friend! "Jen Y Comes to Town," the sequel to CFC Technology's popular "A Tale of Three Banks," is a book for bankers of all ages. - May 04, 2012 - CFC Technology
UAE Exchange Launches Summer Promotion in the United Kingdom
Eight iPads to be won; Four winners each in two monthly draws; Any transaction, including outward, inward, Forex and online money transfers are eligible for the draw. - May 04, 2012 - UAE Exchange
Rescue Capital Invites You to Test Your Knowledge
Take Rescue Capital's structured settlement quiz, tweet about it and be entered to win Rescue Capital Swag. - May 03, 2012 - Rescue Capital
VP of Mortgage Lending at Texas Trust CU Ranks Highly in Independent Consumer Satisfaction Survey
Richard Whitman with Texas Trust Credit Union was chosen from 15,700 professionals as a Five Star Mortgage Professional. Whitman is the VP of mortgage lending for the $726 million Texas Trust Credit Union. Less than two percent of all licensed mortgage professionals in the Dallas-Fort Worth market qualified for the award. - April 30, 2012 - Texas Trust Credit Union
Uniastrum’s Krasnodar Branch Reports Small Business Credit Portfolio of Over 1 Billion Rubles
Q112 results show the Bank’s Krasnodar operation disbursing Rb 1.036 bn to the local small business community. - April 28, 2012 - Uniastrum Bank
Exciting Finish to Money2anywhere Refer & Win Contest from UAE Exchange
Promotion was conducted across seven countries. Winners, from across countries, bagged iPhone4, iPad2 and Galaxy Tab. - April 27, 2012 - UAE Exchange
CBP New Website
Privacy and Information for people facing extreme financial hardship, possibly leading to bankruptcy. - April 25, 2012 - Center for Bankruptcy Planning, LLC
Oceanside Christopher FCU Appoints New Board Chairman
Oceanside Christopher Federal Credit Union today announced the appointment of Kevin Timoney as Chairman of the Board. Timoney, a lifetime resident of Oceanside, owns and operates a real estate appraisal business in neighboring Rockville Centre, New York. He previously served as Vice Chairman of... - April 25, 2012 - Oceanside Christopher, The Catholic Credit Union
Startup Localbonus Helps Local Businesses by Creating a Universal Loyalty Program
Startup LocalBonus lets its users use their existing credit or debit cards as their loyalty card at local businesses - April 24, 2012 - LocalBonus
POS Portal’s P2 CRM Solution Wins 2012 Technology Innovation Award
POS Portal, Inc. (www.P2Office.com), the industry leading provider of end-to-end customer relationship management (CRM) software for merchant acquiring, won the “Technology Innovation Award” at the Electronic Transactions Association (ETA) 2012 Annual Meeting in Las Vegas. ETA's Awards and Recognition committee in conjunction with the ETA Technology Committee selected POS Portal's P2 ISO Office CRM (P2) as the winner of this year’s coveted Technology Innovation Award. - April 24, 2012 - POS Portal
Shawbrook Bank Transitions to Managed Service on Sopra’s Mortgage Savings Suite
Shawbrook Bank, the specialist savings and lending bank that offers a straightforward, no nonsense alternative to the high street has agreed to a deal with Sopra, a leader in the European consulting, IT services and software development markets, to transition to managed service on their Mortgage Savings Suite software. - April 23, 2012 - Sopra Group
Young People Showing Financial Maturity, Texas Trust Survey Shows
When it comes to financial services, teens are showing a great deal of maturity, according to survey conducted by Texas Trust Credit Union. Texas Trust's survey was done in advance of Youth Financial Week, April 22 -28, to evaluate how teens use financial services available to them through credit unions. - April 21, 2012 - Texas Trust Credit Union
Uniastrum Bank Offers Credit Report Service
The lender has teamed up with the National Bureau of Credit Histories to provide a new service for retail borrowers wishing to access details of their credit history, irrespective of whom they bank with. - April 20, 2012 - Uniastrum Bank
International Payout Systems, Inc. Adds Ukash
International Payout Systems has announced that Ukash ®, the global eMoney network, is now fully integrated with the i-Payout.com eWallet platform for worldwide wallet loading. - April 20, 2012 - International Payout Systems, Inc.
First-Time Foreclosures in the City Still Down But Pre-Foreclosures Are Slightly Up in Q1 2012
The number of new scheduled NYC foreclosure auctions was down 18% in Q1 2012 compared to Q1 2011, and was down 6% from Q4 2011. - April 19, 2012 - PropertyShark.com
Rescue Capital Publishes Infographic Inspired by Financial Literacy Month
As part of their commitment to financial education, specialty finance firm Rescue Capital has released their first Infographic in honor of Financial Literacy Month. The Infographic contains informative, yet surprising data about consumer debt in the US. According to Vice President John Zepeda,... - April 18, 2012 - Rescue Capital
Total Mortgage Services Receives Kansas Mortgage Lender License
Kansas borrowers now have access to some of the lowest mortgage rates available. - April 17, 2012 - Total Mortgage
CEO of Texas Trust Credit Union Elected to State Leadership Role
Texas Trust Credit Union CEO Jim Minge has been appointed to the Board of Directors for the Texas Credit Union League. Minge will take office on April 18. He will represent more than 140 credit unions in the western Texas region. - April 16, 2012 - Texas Trust Credit Union
Pitusa Boho Chic Summer Collection Reaches Out by Slashing Shipping Costs
While bringing the Collection to Europe, Pitusa’s founder, Clara Lago said: “We are reaching out to boho chic fashionistas worldwide by slashing shipping costs and offering free shipping for orders of US$200 through our internet store.” The Summer Collection includes Long backless dress, Monroe, Polka dotted hot pants, Romper, Neon skirt, Inca kimono, Kaftan w/ bollitas and Inca bikini, among others. Meanwhile, the Inca Abaya and mini-skirt and the Peace Tank continue to be must-wears. - April 15, 2012 - Pitusa Fashion