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 Posts Retail Time Deposit Portfolio Growth of 27.5% in 2011

As of January 1, 2012 the Bank’s retail time deposit portfolio weighed in at Rb 32.4 bn, up Rb 7 bn year-on-year. - February 15, 2012 - Uniastrum Bank

Strategic Conversations Focus of Upcoming Webinar for Bankers in the Small Business Segment

Clarity Advantage to share conversation strategies bankers can use with small business prospects and customers in a complimentary webinar on Thursday, February 23, 2012 at 12:00 PM ET. - February 13, 2012 - Clarity Advantage Corporation

A Free Legal Redress Workshop

This is a free legal redress workshop for those facing foreclosures, repossesions, lawsuits with credit card companies, and child support issues. - February 12, 2012 - Law Offices of E.F. Robinson

SWACHA Announces 16 New ACH Accredited Professionals in Celebration of AAP Recognition Day

To celebrate Accredited ACH Professionals (AAP) Recognition Day on February 14, 2012, SWACHA, one of the largest not-for-profit regional electronic payment associations in the country, announced today 16 new AAPs. The AAP accreditation is awarded once a year to those who pass a comprehensive exam... - February 11, 2012 - SWACHA

Gastonia Based Alliance Bank & Trust Grows Executive Staff

Gastonia Based Alliance Bank & Trust Grows Executive Staff

Alliance Bank & Trust, a North Carolina community bank with branches in Gastonia, Shelby, and Kings Mountain, announces an addition to their executive staff. - February 10, 2012 - Alliance Bank & Trust

The Corvus Group and DiCom Software Form Strategic Alliance to Provide Loan Advisory Solutions to Financial Institutions

The Corvus Group, Inc., a bank advisory and commercial real estate capital services company, and DiCom Software, a developer of credit risk management technology systems, today announced they have entered a strategic alliance to provide financial institutions with new solutions and approaches for... - February 10, 2012 - The Corvus Group

Uniastrum Launches U-Bank, a New Online Banking Service for Retail Customers

The enhanced functionality of the lender’s new Internet bank service means that Uniastrum customers will now be able to perform over 50 types of operations online. - February 10, 2012 - Uniastrum Bank

Association of Independent Investors - "The Voice of Investors" - Announces Their Opening

When it comes to navigating the tricky waters of the investment industry, investors often feel like the balance is tipped in favor of the industry. But a newly formed, not-for-profit organization, the Association of Independent Investors, sees that balance shifting. Andrew Haigney, Executive... - February 09, 2012 - Association of Independent Investors

Riddell Financial Presents “Financial Planning in These Turbulent Times”

Free Seminar for Women in Sarasota, Florida, Focuses on Conservative Investing - February 09, 2012 - Riddell Financial

Texas Gulf Bank, N.A. Moves Into New Location in Friendswood, Texas

New location for Texas Gulf Bank in Friendswood, TX provides business and personal depository and lending services to Bay Area Community. - February 06, 2012 - Texas Gulf Bank, N.A.

Mortgage Loan Portfolio Plans Justified Move to Larger Headquarters

Bucking Home Equity Loss Trend, Vertical Capital’s Bayard Closser Expands Firm’s Capabilities - February 03, 2012 - Vertical Capital Markets Group

Gerald R. Gagne, CPA, CISA, Director, Risk Management Services, Wolf & Company, P.C. to Speak at KC’s FFIEC Authentication Guidance Examination in 2012: Are You Prepared?

Gerald R. Gagne, CPA, CISA, Director, Risk Management Services & Member of the Firm, Wolf & Company, P.C. to Speak at KC’s FFIEC Authentication Guidance Examination in 2012: Are You Prepared? Live Webcast - February 02, 2012 - The Knowledge Group

CIMCON Software Reaffirms Market Leadership with Strong Revenues and Major Customer Acquisitions in 2011

CIMCON Software Inc., the Pioneering Market Leader in Spreadsheet Governance, Risk and Compliance (GRC), announced that it finished 2011 with a strong financial performance, the acquisition of several new customers, and the expansion of existing relationships. In 2011, CIMCON gained significant... - February 02, 2012 - CIMCON Software Inc

The StoneHill Group Offers MERS® System Members Assistance with Annual Report, Quality Assurance Plans

MERS® System members can look to The StoneHill Group - a national provider of pre- and post-closing quality control, fulfillment, due diligence, collateral audits, and staffing solutions to the mortgage banking, banking, credit union, and financial services industries - for help in complying... - February 02, 2012 - StoneHill Group

Texas Trust Credit Union Named Best of Mansfield

The community of Mansfield Texas selects Texas Trust Credit Union as best financial institution, over 21 other banks and credit unions serving the Mansfield market. - February 01, 2012 - Texas Trust Credit Union

Bank of Cyprus UK Choose BOARD to Measure Customer Profitability

BOARD is pleased to confirm their latest client, Bank of Cyprus UK, a division of Bank of Cyprus Public Company Limited, the leading Cypriot banking and financial services group. - January 29, 2012 - BOARD UK

Emerging Hedge Funds Generate More Statistically Significant Alpha and Less Significant Beta Than Traditional Assets

New quant study says Emerging Hedge Funds generate more statistically Significant Alpha and less Significant Beta than Traditional Assets, but Cornish Fisher modification to Value at Risk potentially wrong almost half the time. - January 29, 2012 - Opalesque Ltd

Uniastrum Bank Reviews Results of 2011 Anti-Fraud Program

Last year Uniastrum staff thwarted 177 attempts by fraudsters to obtain a total Rb 80 million in retail credit. - January 29, 2012 - Uniastrum Bank

GiiResearch.com: Developments in Competitive Small Business Credit Card Marketplace

High net worth households are more likely to be business owners. - January 28, 2012 - Global Information Inc.

Uniastrum Bank Names Best Branch Performer of 2011

FY11 results show the lender’s Rostov-on-Don office posting a sustained upturn in core business segments. - January 27, 2012 - Uniastrum Bank

UAE Exchange & Union Bank of India Launch Real-time Account Credit Service FLASH Remit

Union Bank of India (UBI), the first public sector Bank in India to introduce FLASH Remit with UAE Exchange. The service shall be branded UNION FLASH Remit. UBI customers to now experience instant credit to accounts. - January 26, 2012 - UAE Exchange

StopIRSDebt.com Predicts Third Time Could be the Charm for Offshore Voluntary Disclosure

StopIRSDebt.com Predicts Third Time Could be the Charm for Offshore Voluntary Disclosure

IRS is offering foreign account holders a third chance to avoid criminal prosecution with the latest Offshore Voluntary Disclosure Program (OVDP). - January 25, 2012 - StopIRSDebt.com

HRSB Partners with HealthView Services

HR Solutions & Brokerage, LLC partnered with HealthView Services to offer a new retirement health care assessment tool. This tool is revolutionary in estimating health care costs, which has historically been difficult to calculate. - January 23, 2012 - HR Solutions & Brokerage

Life House Funding Increases Revenue for 3 Straight Quarters with a Record Number of New Applicants

Life House Funding Increases Revenue for 3 Straight Quarters with a Record Number of New Applicants

Life House Funding hits record revenue numbers and develops a technology that is revolutionizing the personal loan and small business loan market. - January 22, 2012 - Life House Financial Services

Agcapita Farmland Fund III is Pleased to Announce Its Second Highly Successful Closing

Agcapita Farmland Fund III is pleased to announce its second highly successful closing. Agcapita Farmland Fund III was opened to investors in October 2011 with a $20 million offering. Agcapita Fund III is the only farmland investment fund eligible for Registered Retirement Savings Plans (“RRSP”). Agcapita is one of Canada's most experienced farmland fund managers, launching its first fund in Q1 2008. - January 22, 2012 - Agcapita Partners LP

Texas Trust Credit Union Named Business of the Year

The Grand Prairie Chamber of Commerce Named Texas Trust Credit Union Business of the Year for 2011. - January 20, 2012 - Texas Trust Credit Union

SWACHA to Support NACHA Messaging Project Clarifying Industry Terminology

Dallas-based SWACHA, one of the largest regional not-for-profit electronic payment associations in the country, announced today it will support NACHA’s Messaging Project. This initiative will develop clear, powerful messaging ensuring a common understanding of the NACHA Operating Rules, the... - January 20, 2012 - SWACHA

WikiLoan Announces Linkedin and Google+ as Popular Platforms for Social Lending Campaigns

WikiLoan has recently announced that participants of their social lending program have been finding success on the social networks, Google+ and Linkedin. WikiLoan is service that assists borrowers to find the personal loan that they need through social networking. The service provides borrowers... - January 20, 2012 - WikiLoan

Hammerhouse, LLC Releases Results of Annual Originator Survey

Originators Seek to Work with “Best-in-Class” Lenders. - January 19, 2012 - Hammerhouse LLC

Hoover and Associates to Host Social Security Seminar

Hoover and Associates Financial Services, Inc. will host Strategies for Social Security for All Ages seminar on January 31, 2012. Guest speaker, Elaine Hermsen, will discuss how one can maximize their benefits and help people to understand more how Social Security works. - January 19, 2012 - Hoover and Associates Financial Services, Inc.

Rebuild Credit with the Information on Website Launched to Assist Consumers Rebuilding Credit and Also Avoid Costly Scams

RebuildCreditScams.com is a website dedicated to helping consumers rebuild credit, and avoid costly scams common in the credit repair industry. Articles and information is updated frequently, and is free to access. - January 19, 2012 - RebuildCreditScams.com

Avista Solutions Completes LOS Implementation for First National Bank of Pennsylvania

First National Bank’s search for a web-based retail lending platform with transparency and advanced reporting capabilities was fulfilled by Avista Solutions’ loan origination system. - January 18, 2012 - Avista Solutions

Abu Dhabi Islamic Bank (ADIB) Appoints Abdul Hakim Ahmad Kanan as Global Head of Audit

ADIB appoints Mr. Abdul Hakim Ahmad Kanan to head its Global Audit Unit. - January 18, 2012 - ADIB

Texas Trust Credit Union Increases Local Banking Competition in Grand Prairie

Texas Trust Credit Union purchased a former bank building in Grand Prairie, Texas. This building will become Texas Trust Credit Union's ninth branch, the third in Grand Prairie. - January 18, 2012 - Texas Trust Credit Union

Sarah Lowe, Partner, Kilpatrick Townsend to Speak at KC’s Pension Plans & 401(k) Plans: A 2012 Perspective Live Webcast

The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced that Sarah Lowe, Partner, Kilpatrick Townsend will speak at the Knowledge Congress’ webcast entitled: “Pension Plans & 401(k) Plans: A 2012... - January 14, 2012 - The Knowledge Group

Caren Bianco, CFA, FSA, Director of Investments, PricewaterhouseCoopers LLP to Speak at KC’s Pension Plans & 401(k) Plans: A 2012 Perspective Live Webcast

The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced that Caren Bianco, CFA, FSA, Director of Investments, PricewaterhouseCoopers LLP will speak at the Knowledge Congress’ webcast entitled: “Pension Plans... - January 14, 2012 - The Knowledge Group

Alexander Proudfoot Welcomes Howard Atkins to Global Advisory Board

The Alexander Proudfoot Company, a leading global operational consultancy, recently appointed Howard Atkins to the company’s Global Advisory Board. Atkins is a 37 year veteran of the financial services industry, most recently serving as the Chief Financial Officer for Wells Fargo. - January 13, 2012 - Alexander Proudfoot

PureChecks.com Announce New Check Printing Service

Wanting to help companies keep the old tradition of checks alive, PureChecks.com have announced their new check printing service. - January 13, 2012 - PureChecks.com

Rob Smith to Lead Mortgage Analytics Team for Mortgage Consulting Firm

Rob Smith to Lead Mortgage Analytics Team for Mortgage Consulting Firm

zIngenuity, Inc., a boutique consulting firm dedicated exclusively to advising mortgage lenders on mortgage finance matters, is pleased to announce that Rob Smith, Vice President has been named as the head of the Mortgage Analytics team. Rob, who started with zIngenuity in early 2009 when... - January 11, 2012 - zIngenuity, Inc.

Chicago Trust and Title Recover from Pre-Banking Crisis

Colorado’s financial services sector has recovered to pre-banking crisis levels, closing 2011 with its best quarterly performance since June 2007, a major report today by Chicago Trust and Title reveals. News that the US’s banks and investment firms are enjoying growth on a scale... - January 11, 2012 - Chicago Trust and Title

Rescue Capital Releases Structured Settlement True or False Fact Sheet

Rescue Capital releases the first part of their Structured Settlement True or False Fact Sheet. The fact sheet addresses some of the latest crop of industry mistruths in an attempt to educate consumers about the pros and cons of selling payments. - January 08, 2012 - Rescue Capital

Jim Pitts, Project Manager, BITS to Speak at KC’s Mitigating Outsourcing Risks in Banking and Finance: How to Manage Vendors Live Webcast

The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that Jim Pitts, Project Manager, BITS will speak at the Knowledge Congress’ webcast entitled: “Mitigating Outsourcing Risks in Banking and Finance:... - January 07, 2012 - The Knowledge Group

Anthony Rollo, Member, McGlinchey Stafford PLLC to Speak at KC’s Consumer Financial Protection Bureau: Impact Explored Live Webcast

The leading producer of regulatory focused webcasts The Knowledge Group/The Knowledge Congress Live Webcast Series has announced that Anthony Rollo, Member, McGlinchey Stafford PLLC will speak at the Knowledge Congress’ webcast entitled: “Consumer Financial Protection Bureau: Impact... - January 07, 2012 - The Knowledge Group

VisualCalc Releases New Whitepaper Focused on Website Calculators

Free Whitepaper Outlines How Website Calculators Help Financial Institutions Increase Custom Acquisition, Improve Custom Satisfaction and Retention, and Reduce Transaction Costs - January 06, 2012 - VisualCalc

FCStone Licenses ActForex Trading Platform

Business Affiliation Offers More Liquidity Alternatives for Trading Firms - January 05, 2012 - ActTrader Technologies, Inc

Industry Leaders Join to Educate Homeowners About Foreclosure Alternatives

On January 11th, local industry leaders will come together and give a free seminar to homeowners with unaffordable mortgages. Speakers at the event include: Nationally-renowned credit expert and speaker, Nabil Captan, OC Metro’s 2011 40 Under 40 Honoree and owner of OC Short Sale 411, Robyn Webb, Director of Operations at CDA Law Center, Bill Baskin and Sergio Siderman, Managing Partner at L.A Bankruptcy Associates and recognized speaker for CNBC and Forbes. - January 05, 2012 - Under Water Home 411

WikiLoan Announces a New Opportunity with Peer to Peer Lending

WikiLoan has announced that they have a new opportunity on their peer to peer lending site. The service is now accepting individuals to sign up as lenders for their list of borrowers that require a loan. WikiLoan is a service that provides the tools to create a professional proposal to obtain a... - January 03, 2012 - WikiLoan

Miles Mason Sr., JD CPA, Speaking to the Financial Planning Association of Greater Memphis on January 4, 2012

On Wednesday, January 4, 2012, at 11:30 a.m., Miles Mason, Sr. JD, CPA speaks to the Financial Planning Association of Greater Memphis at the Racquet Club of Memphis. The presentation will be Money Never Sleeps: Analysis Financial Planners Can Provide Client’s and their Divorce Lawyers. - January 01, 2012 - Miles Mason Family Law Group, PLC

ClearOne Advantage Recommends Budgeting, Financial Planning for Consumers in the New Year

Encouraged by a surge in the Consumer Confidence Index, ClearOne Advantage executives are cautiously optimistic for an improved economy in 2012, and are recommending that consumers begin 2012 with a financial budget in order to spend wisely and avoid additional credit card debt in the New Year. - January 01, 2012 - ClearOne Advantage

Money Habitudes Named Personal Finance Book of the Month by The Washington Post

Award-winning personal finance activity helps people better understand their habits and attitudes about money and talk about the taboo topic. - December 31, 2011 - LifeWise

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