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.

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.

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

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

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

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

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

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

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