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.

Fiduciary Benchmarks Named Sponsor at Knowledge Congress' Event “401(k) Fees: What You Need to Know in 2011 LIVE Webcast,” on 08/9/11

Fiduciary Benchmarks, a leading service provider for benchmarking retirement plans, teams up with The Knowledge Group for KC’s upcoming webcast entitled “401(k) Fees: What You Need to Know in 2011.” This two-hour event will be held on August 9, 2011 at 3:00 PM - 5:00 PM ET. For... - July 24, 2011 - The Knowledge Group

BestCreditOffers.com Announces Updated Citibank Card Review

Leading bank credit card review portal, BestCreditOffers.com releases fresh reviews of the Citibank 0 interest and other low rate balance transfer credit card offers. - July 23, 2011 - BestCreditOffers.com

Terrace Capital Spearheads $7.2MM Refinance for Multifamily Property in Atlanta, GA

Terrace Capital Spearheads $7.2MM Refinance for Multifamily Property in Atlanta, GA

Terrace Capital, Inc., represented an established, local multifamily real estate developer (MSC Investment & Management) in the refinance of Sierra Forest Apartments, a 272-unit class B, apartment complex located at 6660 Mableton Parkway in the city of Mableton, Cobb County, Georgia. The city of Mableton is located in the Atlanta Metropolitan Statistical Area and has a population of approximately 26,000. - July 22, 2011 - Trinity Street Capital Partners

Groom Law Group Chartered Named Sponsor at Knowledge Congress' Event “401(k) Fees: What You Need to Know in 2011 LIVE Webcast,” on 08/9/11

Groom Law Group Chartered, a leading employee benefits law firm, teams up with The Knowledge Group for KC’s upcoming webcast entitled “401(k) Fees: What You Need to Know in 2011.” This two-hour event will be held on August 9, 2011 at 3:00 PM - 5:00 PM ET. For further details... - July 22, 2011 - The Knowledge Group

The Most Solvent Bank in Europe Uses AuraPortal for Their Process Management

In the stress tests carried out in banks belonging to the European Union, Banca March has gained the top position by a considerable difference. This achievement has most certainly been aided by the use of AuraPortal’s BPMS - July 22, 2011 - AuraPortal

CFA Institute Collaborates with IASeminars to Offer IFRS Training

CFA Institute Collaborates with IASeminars to Offer IFRS Training

CFA Institute, the global association of investment professionals, announces that it is collaborating with IASeminars, an independent global provider of training on International Financial Reporting Standards (IFRS), to jointly offer a comprehensive range of IFRS-related programs. “With the... - July 21, 2011 - IASeminars Ltd

Gil Kerbashian Housing and Consumer Advocate Supports RealestateloanS.com's Consumer Education Efforts

Gil Kerbashian Housing and Consumer Advocate Supports RealestateloanS.com's Consumer Education Efforts

Since the financial crisis started in 2008, Gil Kerbashian has provided free assistance to consumers seeking information regarding predatory lending, real estate and settlement practices. - July 20, 2011 - RealestateloanS.com

Century Negotiations Alerts Credit Card Customers to New “Risk-Based” Pricing Rule Amendment

Century Negotiations applauds rule as much-needed step toward creditor transparency, but warns consumers against over-dependency on credit score. - July 20, 2011 - Century Negotiations, Inc.

Evansville's Ronald McDonald House Partners with Heritage Federal Credit Union on "Be Part of the Love Campaign" in July

Since opening its doors on January 18, 2010, Evansville’s Ronald McDonald House has served over 1,600 critically ill children and their families at its 3540 Washington Avenue location. In support of the charity and its mission, Heritage Federal Credit Union will be showcasing the Ronald McDonald House at its 7 branches and administrative offices the entire month of July with hopes of raising additional funds and awareness for the local organization. - July 17, 2011 - Heritage Federal Credit Union

Rescue Capital Stresses the Need for Consumer Education

In these uncertain times, many individuals are selling their structured settlement and annuity payments for cash. With many players in the industry, savvy sellers have been getting multiple quotes in order to maximize the amount of cash they can receive for their future payments. Due to a recent merger, many individuals who thought they were getting multiple competitive offers may be in for a big surprise. - July 15, 2011 - Rescue Capital

Company Winding-Up Petitions on the Rise in the UK

Company Winding-Up Petitions on the Rise in the UK

The Business Sale Report, which provides information on distressed businesses, has released figures showing a 22 per cent increase in the number of winding up petitions lodged through the courts in the second quarter of this year, compared to the same period last year. These figures continue the... - July 14, 2011 - Business Sale Report

Business Bankers: Upcoming Webinar Tells How to Increase, Protect Price with Value-Based Proposals

Business bankers can increase their banks’ margins with a proposal process that identifies, quantifies, and documents the value they offer. This and other sales strategies to be shared by Clarity Advantage in a live webinar on July 19, 2011 entitled, Selling the Value of Bank Solutions. - July 14, 2011 - Clarity Advantage Corporation

Hermes Capital Partners Delivers Capital Through Structured Project Finance

Hermes Capital Partners Delivers Capital Through Structured Project Finance

Hermes Capital Partners, LLC. of Los Angeles, is an independent private banking firm focused on a method of finance based on the merits and economics of a given project, rather than the rating and credit profile of the project's sponsor. This new program engineered and developed by Hermes is... - July 13, 2011 - Hermes Capital Group

Online Financial Advisor Directory, financialjoe.com, Cites Investors Want Social Networking Tools

Online Financial Advisor Directory, financialjoe.com, Cites Investors Want Social Networking Tools

Financialjoe Gives Investors Social Networking Tools to Facilitate and Improve the Relationship with Their Advisors - July 13, 2011 - financialjoe.com

EFT Source Teams Up with Evolis to Introduce New Option for Instant Card Issuance

EFT Source, a leading provider of turn-key card production and management solutions, partnered with Evolis, a global leader in plastic card personalization solutions to develop Card@Once®, a new product for financial institutions to easily and more affordably issue cards instantly. - July 13, 2011 - Evolis Inc.

UAE Exchange Filipino Fest 2011 Mega Draw-Winners to Fly to Paris and Thailand

UAE Exchange announces 3 winners to fly to Paris & Thailand during the mega draw of Filipino Fest 2011. - July 13, 2011 - UAE Exchange

Green Armor Helps Banks Meet New FFIEC Authentication Guidelines: Security Technologies Exceed New Standard for Over Five Years

Green Armor Solutions noted today that its authentication technology exceeds the Federal Financial Institutions Examination Council (FFIEC)’s new standards for online authentication. - July 12, 2011 - Green Armor Solutions

eWallet: Send Money Without a Bank Account

Now you can Send Money to friends and family members or make a payment to anyone simply and hassle-free with eWallet from FNB. - July 09, 2011 - EWallet: Send money from Cell Phone

MyReviewsNow Announces the Discover Card's Zero Percent Introductory Rate for 15 Months

In addition to its zero percent APR for 15 months, the Discover Card is currently offering five percent cash back bonuses for selected purchases along with no annual fee. - July 08, 2011 - Retail Solutions Advisors

Altium Group LLC Joint Venture with Lloyds of London

Altium Group LLC Joint Venture with Lloyds of London

Altium Group LLC and Lloyds of London create a risk mitigation protection product for purchasers of life contingent structured settlement. - July 08, 2011 - Altium Group LLC

Shield Your Tax Breaks with Income Protection Insurance - Rate Detective Gives Insider Tips

Income protection insurance is one of the few types of insurance that is deductible for ordinary wage earners. The ATO ruled in 2001 that because the premiums were designed to be "used in the production of assessable income," taxpayers were entitled to claim them as a deduction on their... - July 07, 2011 - Rate Detective

Kaufmann-Rothstein International Senior Trading Analyst Shares the Importance of Having a Trading Plan

Planning definitely plays a pivotal role in any course of action we have in our lives and in the same way, making a commodity trading plan before getting your feet wet in the actual trading investments also offers trading advantages and benefits. - July 06, 2011 - Kaufmann-Rothstein International

Banking BI / Analytics Specialist iCreate Software Achieves ISO 27001 Certification on Information Security

ISO 27001 (ISO/IEC 27001) is a global security standard that sets out requirements for an Information Security Management System. - July 06, 2011 - iCreate Software Pvt. Ltd.

Orlando Mortgage Lender FBC Releases Central Florida Mortgage Report for May

Orlando Mortgage Lender FBC Releases Central Florida Mortgage Report for May

Orlando mortgage lender FBC recently released their Central Florida Mortgage Report for May 2011. All of the data contained in the report is compiled from financed properties located in Orange, Seminole, Volusia, Osceola and Lake Counties and excludes condos and distressed properties unable to... - July 05, 2011 - FBC Mortgage

Riddell Financial Presents "Smart Money, Smart Women" on July 19

Financial Seminar for Women Focuses on Retirement Planning and Conservative Investment Strategies - July 03, 2011 - Riddell Financial

Direct Currency Markets - DCMforex.com Launches New 25% Trading Deposit Bonus Promotion

Direct Currency Markets - DCMforex.com Launches New 25% Trading Deposit Bonus Promotion

Direct Currency Markets - www.DCMforex.com is an Australian regulated and licensed brokerage firm offering Direct Market Access dealing services to retail online currency traders and institutional clients globally. Offering margin forex trading with account leverage options available from 1:1 to 1:100 on 33 currency pairs, gold and silver, DCM provides the best trade execution tools, resources and technologies available to retail traders worldwide. - July 02, 2011 - Direct Currency Markets Limited

Crescent State Bank Names New Appraisal and Evaluation Administrator

Alice M. Ligon Joins Community Bank - July 02, 2011 - Crescent State Bank

Richard Menson, Partner, McGuireWoods LLP to Speak at KC’s Managing 401(k), 403(b) and Other Retirement Plans for 2011 and Beyond Webcast

The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that Richard Menson, a partner with McGuireWoods LLP and a member of the firm’s Tax and Employee Benefits department, will speak at the Knowledge... - July 01, 2011 - The Knowledge Group

IMTC and Zintro Partner to Connect Money Transfer Experts with Consulting Opportunities

IMTC and Zintro Partner to Connect Money Transfer Experts with Consulting Opportunities

IMTC teams up with Zintro to create the Money Transfer Expert Network helping consultants generate business leads through Zintro’s state-of-the-art platform. - June 30, 2011 - Zintro, Inc.

Texas Trust Credit Union Offers Relief to Small Businesses with New Focus on Loans to Power Growth, Jobs

Texas Trust Credit Union has $3 million available for small businesses loans. Businesses needing funds for working capital, accounts receivable, inventory, equipment, or real estate investment, can apply for a Texas Trust conventional or SBA loan at www.NTXBusinessloans.com - June 30, 2011 - Texas Trust Credit Union

FPA, CFP Board, and U.S. Department of Labor Collaborate to Launch Spanish Retirement Saving Webcast

Financial Planning Association (FPA) of Miami-Dade President Elaine King and the Certified Financial Planner (CFP) Board of Standards Inc. partnered with the U.S. Department of Labor (DOL) and the National Council of La Raza to host its inaugural Spanish-language 'Guide to Retirement Saving'... - June 29, 2011 - Financial Planning Association of Miami-Dade

Lou Mazawey, Principal, Groom Law Group Chartered to Speak at KC’s Managing 401(k), 403(b) and Other Retirement Plans for 2011 and Beyond Webcast

The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that Lou Mazawey, Principal, Groom Law Group Chartered will speak at the Knowledge Congress’ webcast entitled: “Managing 401(k), 403(b) and Other... - June 25, 2011 - The Knowledge Group

Professional Associations Super Hits $1.7 Billion After Two Year Growth Spurt

Efficiencies that minimise investment fees combined with strong investment returns have enabled Professional Associations Super to grow by 36 percent in the last two years, reaching $1.7 billion in February 2011. Not only is Professional Associations Super one of the top ten industry funds in... - June 24, 2011 - Kinetic Superannuation Ltd

Professional Associations Super - Lack of Understanding of "Advice" Results in Low Take-Up, Research Finds

Super fund members’ lack of knowledge about what “financial advice” entails, and low levels of trust following the Global Financial Crisis (GFC), are the key barriers to seeking advice, research by Professional Associations Super has found. Qualitative and quantitative member... - June 24, 2011 - Kinetic Superannuation Ltd

SkySparc Simplifies System Upgrades with Automated Regression Testing of SWIFT Messages

SkySparc's SkyREPORT solution for advanced financial reporting and fully automated testing has been enhanced to allow central banks and government debt offices to regression test SWIFT messages between old and upgraded systems. - June 24, 2011 - SkySparc

Crescent State Bank Names News Vice President, Branch Sales Manager

Gary Williams Joins Community Bank’s Preston Office - June 23, 2011 - Crescent State Bank

Coop Foreclosures in New York City Reach a Two-Year Peak in May 2011

Coop Foreclosures in New York City Reach a Two-Year Peak in May 2011

In May 2011 the number of coop units scheduled for auction in New York City reached its highest value in 2 years. - June 22, 2011 - PropertyShark.com

TruPoint Partners Continues Record Growth in 2011

TruPoint Partners, a leading provider of compliance solutions to community banks, announced today that it has achieved record growth to start 2011, increasing its client roster by an average of four new clients a week for the first half of the year. This represents six consecutive quarters of... - June 22, 2011 - TruPoint Partners

The StoneHill Group Announces Expanded Mortgage Collateral Audit Services

The StoneHill Group Announces Expanded Mortgage Collateral Audit Services

Service Offering Designed to Help Federal Home Loan Bank Members - June 21, 2011 - The StoneHill Group

Don't Turn to Credit to Get Out of a Tight Spot - Get Help

Don't Turn to Credit to Get Out of a Tight Spot - Get Help

Financial solutions company Think Money advises people with financial concerns to avoid taking on additional credit in a financial emergency. - June 21, 2011 - Think Money Ltd

New Clarity Advantage Webinar Explores Why Call Preparation is Vital to a Banker’s Small Business Prospecting Efforts

The opportunity for additional conversation with a small business banking prospect is earned when a banker understands the business, knows what questions to ask, and knows how to interpret the answers—all of which can be gained with proper call preparation. Prospecting strategies like these to be explored in a live webinar on June 28, 2011 entitled First Calls on Prospects. - June 21, 2011 - Clarity Advantage Corporation

Celebrate the Spirit of Independence with Xpress Money

Xpress Money wishes all Filipinos across the world a very memorable and joyous independence day. - June 19, 2011 - XPRESS MONEY Services LTD

Easy-Forex See the Euro Remains Under Pressure as Greece’s Problems Resume

Easy-Forex dealing room noted that the euro recovered some of its losses during yesterday’s US session after the International Monetary Fund (IMF) and the European Union reached an agreement on Greece. Easy-Forex head dealer, Nicolas Shamtanis noted that fears of a Greek default eased after the IMF appeared willing to offer further financial aid to Greece as long as the new austerity plan is approved. - June 18, 2011 - easy-forex

Instant Pink Slip Loans Provides Instant Service to Car Buyers

Instant Pink Slip Loans announced today, they are offering a new type of auto title loan service for car buyers. Using Manheim Marker Report (MMR) values, Instant Pink Slip Loans will provide buyers with title loans that are up to 120 percent of the vehicle’s value. The unique difference... - June 18, 2011 - Instant Pink Slip Loans

Easy Forex Puts Perspective Under Fears of Greece’s Future

The euro plummeted yesterday as fears over Greece’s debt crisis intensified. The Greek Prime Minister, George Papandreou, offered to step down and proposed a unity government while protests in Athens against austerity measures continue. Easy Forex report that against the dollar, the euro shed 2.4% breaking below the 1.4100 level to trade as low as 1.4090 from 1.4438. - June 17, 2011 - easy-forex

Professional Associations Super Strengthens Female Leadership

Professional Associations Super members have recently elected Katherine Kasper as a Member Representative Director. Katherine replaces Marian Bolton, who has been a director on the board for 17 years. Ms Kasper has more than 10 years industry experience as a trust lawyer in the commercial sector,... - June 15, 2011 - Kinetic Superannuation Ltd

Professional Associations Super - Super Reform Won’t Change the Basics of Retirement Planning

With the end of the financial year approaching, Professional Associations Super says the basics of retirement saving won’t change, despite looming reforms to superannuation rules. - June 15, 2011 - Kinetic Superannuation Ltd

VIR Announces a Customer Loyalty CashBack Shopping Mall Program for Banks and Credit Unions

Today, Very Important Relationships, Inc. (VIR), an on-line marketing solutions company and one of the nation’s premier builders of Internet CashBack Shopping Malls announced the launch of its new CashBack Customer Loyalty Mall specifically designed for banks and credit unions. - June 15, 2011 - Very Important Relationships, Inc.

SWACHA Awards More Than $10,000 in Scholarships for the Nacha Payments Institute

SWACHA today awarded more than $10,000 in scholarships for the 2011 NACHA Payments Institute. This marks the 10th year SWACHA has provided the NACHA Payments Institute Scholarship and the 5th year for the Keith Daniels Memorial Scholarship. Dallas-based SWACHA awards scholarships to banking professionals for their dedication and involvement both in their financial institution and within the SWACHA membership. - June 15, 2011 - SWACHA

The BSC Group Expands Team

The BSC Group Expands Team

Casey McGrath joins The BSC Group LLC as associate vice president. - June 14, 2011 - The BSC Group, LLC

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