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 Offers New Card Services

Uniastrum customers applying for a card with a planned overdraft facility can now enjoy extra peace of mind with unemployment and/or accident insurance, safe in the knowledge that if the insured event occurs the outstanding balance owed to the Bank will be paid by the insurer. - January 20, 2011 - Uniastrum Bank

New York City Foreclosure Listings in Q4 2010 Down 32% from 2009 Levels

New York City Foreclosure Listings in Q4 2010 Down 32% from 2009 Levels

The number of new scheduled NYC foreclosure auctions (487) was down 26% in Q4 2010 compared to Q3 2010, and was down 32% from Q4 2009 (712). - January 19, 2011 - PropertyShark.com

iPhone Application for Depositing Checks is Now Available for All Banks

Zino Studio has developed an iPhone application to allow users to safely deposit their checks to their personal or business bank accounts, while also helping banks and financial institutions make the process simpler. Through the iPhone, Zino Studio’s application will be connected to the... - January 19, 2011 - Zinos Studio

NotaryLink Serves Key Mortgage and Debt Settlement Industries

NotaryLink, LLC is a comprehensive nationwide signing service bringing substantial added value to any industry where documents must be signed and validated. For more than a decade, NotaryLink has supported businesses, particularly in the loan documentation segment, driven by its proven, proprietary technology system and extensive nationwide database of notary signing agents. NotaryLink has recently expanded its focus to meet the needs of debt settlement businesses. - January 19, 2011 - NotaryLink

Federal Bank and UAE Exchange Jointly Launches "FED FLASH" Instant Remittance ‎to Accounts

Federal Bank and UAE Exchange jointly launch Instant Money Transfer to Account "FED FLASH"‎ - January 18, 2011 - UAE Exchange

People’s Financial Advisor Helps You Decide if You Can Retire Already

People’s Financial Advisor helps individuals decide if they have enough money to live off and stop working after considering their overall financial situation, their financials in retirement, and all possible sources of income during retirement years. - January 17, 2011 - peoplesfinancialadvisor.com

Kasasa® Launches at Dallas’ Neighborhood Credit Union

Neighborhood Credit Union Introduces Kasasa, a Striking Alternative to the Mega Bank Rollercoaster - January 15, 2011 - Kasasa

Xpress Money Ties Up with Thomas Cook, India

Xpress Money announced a strategic alliance with Thomas Cook (India) Limited, to further ‎extend its strong payout network in India. ‎ - January 15, 2011 - XPRESS MONEY Services LTD

2011 American Finance Fellow Elected

The Fellows of the AFA have elected Milton Harris of the University of Chicago as the 2011 Fellow of the Association. - January 13, 2011 - American Finance Association

TrimTabs Director Madeline Schnapp to appear on “Tim Connolly’s Winning Strategies” on January 14, 2011 at 1:00 p.m. ET

Madeline Schnapp, Director of Macroeconomic research and Editor of "TrimTabs Weekly Macro Analysis" and "TrimTabs Employment NewsFlash," will appear on “Tim Connolly’s Winning Strategies” www.winningstrategies.net on Friday, January 14 at 1:00 p.m. ET. Ms. - January 13, 2011 - Corporate Strategies, LLC

UAE Exchange Joins Hands with SEWA for Cash Collection

UAE Exchange, the leading global remittance and foreign exchange brand, has joined hands with Sharjah Water & Electricity Authority (SEWA) for cash collection services. - January 13, 2011 - UAE Exchange

Total Mortgage Identifies Key Trends in the Mortgage Marketplace in 2011

Total Mortgage Identifies Key Trends in the Mortgage Marketplace in 2011

Total Mortgage Services, LLC, a leading national mortgage lender featuring some of the lowest mortgage rates available, today highlighted five key trends likely to impact the mortgage industry and housing market in 2011. “The mortgage and housing markets continue to be impacted by the... - January 12, 2011 - Total Mortgage

Survey of Commercial Lenders in New England and New York Reveals Trend Toward Higher Compensation, More Raises in 2010

A comprehensive salary survey of commercial lenders in the northeast by the Executive Search Group Finds Banks in Northeast Pay Higher Salaries Tied to New Business Development and Formal Credit Training - January 12, 2011 - MRINetwork

2011 Payroll Software for QuickBooks Users from Real Business Solutions Updated with 2011 Federal Tax Tables, 2 Percent Social Security Tax Cut and New State Withholding

2011 Payroll Software for QuickBooks Users from Real Business Solutions Updated with 2011 Federal Tax Tables, 2 Percent Social Security Tax Cut and New State Withholding

Payroll Mate payroll software releases new payroll withholding calculator with support for the 2011 tax tables, that were developed as a result of the recently passed Tax Relief and Job Creation Act of 2010. Payroll Mate helps payroll departments and small businesses using QuickBooks implement the new changes by the IRS due date of January 31, 2011. - January 06, 2011 - Real Business Solutions

A "Three-Peat" for T3 Fitness Energy at the Riverside Tennis Center

A "Three-Peat" for T3 Fitness Energy at the Riverside Tennis Center

Christi MacNee, President of T3 Fitness Energy, was voted Inland Empire Magazine’s 2010 Best Personal Trainer. This is the third year in a row that MacNee has received this recognition. MacNee commented on this and their sudden 10-day displacement, "We continue to add incredibly motivating instructors and unique fitness classes to their business model. We’ve had so many positive things happen this year that we couldn’t even let our brief displacement right before Christmas get us down." - January 05, 2011 - T3 Fitness Energy

Default Research is Reporting That LA County’s 42% Decrease in Notices of Default a Red Herring; Expert Sees Further Pain in LA Real Estate Market

Los Angeles County Notices of Default dropped by 34,862 in 2010, according to data released by Default Research, Inc., a leading foreclosures tracking firm. 48,069 homeowners received notices that their mortgages were seriously delinquent in 2010, down from 82,931 in 2009. - January 05, 2011 - Default Research Inc

UAE Exchange Moves to New Spacious Premises in Musaffah ‎Sector 10 Abu Dhabi‎

UAE Exchange, the leading global remittance and foreign exchange brand, opened its ‎new premises of its Musaffah sector 10 branch.‎ - January 05, 2011 - UAE Exchange

Special Sessions Webcast from the American Finance Association Annual Meeting

Three special sessions of interest to financial professionals will be webcast from the American Finance Associations Annual Meeting January 7-9, 2011. - January 04, 2011 - American Finance Association

Fraud Survey Results Announced by BankInfoSecurity.com

Information Security Media Group, publisher of BankInfoSecurity.com, announces the release of its executive summary of the new survey, "The Faces of Fraud: How to Counter 2011's Biggest Threats." This new report offers the first overview of the results of ISMG's new, groundbreaking... - January 01, 2011 - Information Security Media Group

Uniastrum Places 31st in Top-300 Universal Bank Rankings for 9M10

A survey report on Russia’s “Most Profitable and Successful Banks in 9M10” released by RosBusinessConsulting news agency shows Uniastrum ranking 67th among the country’s 100 top-performing lenders - January 01, 2011 - Uniastrum Bank

Title Consulting Services, Inc. (TITL) Releases New Year's CEO Address

Title Consulting Services, Inc. (TITL), Accu Title Agency, has released a New Year's CEO address. President and CEO Dustin Secor is pleased to inform TITL shareholders of the latest developments pertaining to the company activities and plans for 2011. Mr. Secor stated, "In 2010 the company... - December 31, 2010 - Title Consulting Services Inc

UAE Exchange Supports Pakistan Flood Relief Efforts

UAE exchange, in partnership with the UAE Red Crescent in Dubai, has launched a ‎solidarity campaign for disaster relief in Pakistan to provide financial aid to those ‎affected by the recent flood. ‎ - December 31, 2010 - UAE Exchange

Top New Year’s Resolution Includes “Manage Debt,” Says ADMA President

ADMA Solutions executives point to recurring New Years’ resolutions and offer explanations and suggestions for struggling consumers who want to reach their financial goals in 2011. - December 29, 2010 - ADMA Solutions, LLC

Xpress Money Ties Up with National Bank of Egypt

Xpress Money, the leading global money transfer brand and National Bank of Egypt have ‎entered into an agreement by which Xpress Money would provide instant money transfer ‎services to the Egyptian community living across the world. - December 23, 2010 - XPRESS MONEY Services LTD

Green Bank Logo Wins Lantern Award in Houston

Business Marketing Association awards event recognizes top examples of corporate branding - December 22, 2010 - Green Bank, N.A.

Broad Financial Launches New Alternative Investment Funds Designed for the Self Directed IRA and Solo 401K Investor

Broad Financial LLC, a New York-based diversified financial services company specializing in self directed IRA's and Solo 401K plans, has recently introduced two alternative investment funds, a tax lien fund and a real estate fund. - December 16, 2010 - Broad Financial - Self Directed IRA and Solo 401K Plans

Amero Enterprise Launches New Nursing Grants Website, NursingGrants.us

Amero Enterprise Launches New Nursing Grants Website, NursingGrants.us

NursingGrants.us is the Biggest Site in the Realm of Nursing and College Grants. The Site Provides Free Information, Tools, and Strategies Helping Undergraduate and Graduate Students Pay for College with Money That is Not Required to Pay Back. - December 15, 2010 - Amero Enterprise

Uniastrum Forges Partnership with Udmurtia SME Credit Assistance Guarantee Fund

Under the agreement the Fund will guarantee a total cap of Rb 10 mn to small and midsized businesses taking out loans with Uniastrum Bank - December 15, 2010 - Uniastrum Bank

ActForex Optimizes Trading Technology for Apple’s iPad

Release of ActPad Application is Widely Anticipated. - December 14, 2010 - ActTrader Technologies, Inc

DMG Productions is Currently in Production of a New Episode on "Foreclosures vs. Short Sales" as Part of Their "Business Update" Television Program

This three part series will be presented commercial free and there will be many topics addressed covering a wide spectrum of areas. From appraisals and mortgage options to loan modifications and more, Business Update will explore it all. - December 13, 2010 - DMG Productions, LLC

Passive Income Through Dividend Investment

Passive Income Through Dividend Investment

Investors can increase their passive income by buying dividend paying stocks with a safe yield. The Top Dividend stocks have been steadily increasing their dividends for years while maintaining solid earnings growth and cash flow. DSO has launched a investment service to help traders find the best dividend stocks. - December 13, 2010 - Dividend Stocks Online

Nationwide Fair Lending Denial Disparity Drops

TruPoint Partners Releases Nationwide Fair Lending Denial Disparity Index by State Averages - December 11, 2010 - TruPoint Partners

Finlay Joins Waddell & Reed

James Finlay, Penn State graduate joins Waddell & Reed as a Financial Advisor in Monroeville, PA. - December 06, 2010 - Waddell & Reed

Uniastrum Gains Top-30 Retail Bank Ranking

Figures published in November by popular Russian business weekly Kommersant-Dengi show Uniastrum Bank’s retail loan portfolio tipping the scales at near Rb 19 bn as of October 1, 2010. - December 03, 2010 - Uniastrum Bank

Churchill Debt Settlement is Compliant with FTC Regulations

Churchill Debt Settlement is Compliant with FTC Regulations

Churchill Debt Settlement is committed to the ethical resolution of unsecured credit card accounts by 60%. Churchill is fully FTC compliant as well as registered with the International Association of Professional Debt Arbitrators. - December 02, 2010 - Churchill Debt Settlement

Best CreditRx, LLC Launches New Credit Repair Product

Best CreditRx, LLC Launches New Credit Repair Product

Best CreditRx, LLC is pleased to announce the launch of "Quick Fix Credit Prescription." Their customers and partners have been searching for a product that helps clients with a quick turnaround to their credit health. Now Available. - December 02, 2010 - Best CreditRx, LLC

UseMyServices Launches New Customizable SaaS Real-Time Payment Solutions

UseMyServices Launches New Customizable SaaS Real-Time Payment Solutions

Canadian-based UseMyServices, a leader in innovative real-time online bank payment solutions, announced today the launch of two new fully customizable payment solutions, UseMyBiller and UseMyWidget. - December 02, 2010 - UseMyServices.com

The BSC Group and Quadrant Financial, Inc. Announce Self‐Storage Financing Alliance

The BSC Group and Quadrant Financial, Inc. Announce Self‐Storage Financing Alliance

The BSC Group, LLC and Quadrant Financial, Inc. (Quadrant) announced today that they have formed an alliance to deliver SBA & USDA B&I loans to the Self‐Storage Industry. This powerful alliance has resulted in the creation of a unique and specialized platform designed to provide... - December 02, 2010 - The BSC Group, LLC

Marcus Evans Presenting to You "Global Bank Risk"

By zeroing in on the changes to the regulatory landscape, the Global Bank Risk Conference aims to bring together experts from the regulators and the banking industry to expound on the impacts of the post-crisis on risk management. This conference will discover the key challenges and solutions to help prepare banking risk professionals to succeed and gain an edge in this highly competitive market and reshape the world of banking as we know it. - December 01, 2010 - Marcus Evans Group

ActForex Announces Release of ActDroid

Android’s Winning Technology Creates Demand for Better Trading Applications. - November 30, 2010 - ActTrader Technologies, Inc

Banque Centrale Populaire Maroc Joins the Mediterranean Bank Network

Mediterranean Bank Network is a non-profit banking organisation and strategic partnership between leading Mediterranean banks. The Network’s major objective is the strategic collaboration between its members in all areas, the reinforcement of their relationships and contributes to the internationalisation of banks and economies in the Mediterranean. Membership is exclusive to one bank per country. - November 26, 2010 - Mediterranean Bank Network

Northwest Communities Applaud Good News from Cascade Bancorp

Bank of the Cascades’ Capital Raise Announcement Infuses Optimism During Challenging Economic Times - November 24, 2010 - Cascade Bancorp

CESI Debt Solutions Represents Non-Profit Credit Counseling Agencies at Rally in Raleigh

CESI Debt Solutions CEO, Dr. Diane Chen, was one of twenty-five panelists at the first ever “Rally in Raleigh” event this past Saturday. The event was hosted by “The Get Out of Debt Guy,” Steve Rhode, and brought together leaders from the debt relief industry, including... - November 21, 2010 - CESI Debt Solutions

Albuquerque Client Saves a Bundle with the Help of JK Harris and Company

When a taxpayer tries to do the right thing, sometimes an error out of their control can lead them to owe back taxes. JK Harris client Tina Driver of Albuquerque, NM found this out the hard way. Ms. Driver lost her job and had to cash in her 401K to cover her living expenses. At the time she... - November 21, 2010 - JK Harris & Company

Top U.S. Retailer Selects CIMCON Software's End User Computing Tools for Spreadsheet Governance, Risk and Compliance (GRC)

CIMCON Software, Inc., the recognized Market Leader in Spreadsheet Governance, Risk and Compliance (GRC) solutions, today announced that one of America’s Top 3 Retailers has selected CIMCON’s End User Computing tools for reducing and managing spreadsheet risk. With a market... - November 20, 2010 - CIMCON Software Inc

Elaine King's Family & Money Matters at Miami Book Fair International Highlights Significance of Family Financial Literacy

With only 28 percent of parents revealing that they have taught financial skills to their children according to a USA Today survey, Elaine King has recently authored Family & Money Matters: Life Lessons for the New Generation (Kaabrah Publishing, September 2010) to teach high school and college... - November 18, 2010 - Financial Planning Association of Miami-Dade

Commodities Online Negotiates New Long-term Contracts with Buyers of Iron and Copper Ore

Commodities Online today announced that, working together with its Mexican mining partner, it had successfully negotiated new, long-term contracts with major Chinese buyers of Iron Ore and Copper Ore. - November 17, 2010 - commoditiesonline.com

Kasasa® Revolutionizes Community Local Banking in Columbus Grove, Ohio

The Union Bank Company Introduces Kasasa, a Striking Alternative to the Mega Bank Rollercoaster. - November 13, 2010 - Kasasa

TruPoint Partners Signs Record New Clients in Third Quarter

TruPoint Partners experiences record third quarter growth. - November 11, 2010 - TruPoint Partners

Local Credit Union TULIP Takes on Predatory Lending and Makes a Difference in People's Lives

Thurston Union of Low-Income People, otherwise known as TULIP, has been changing the lives of low-income community members, one account at a time. With over 1,000 members, this little not-for-profit credit union is making big changes in Thurston County by doing what many other larger banks and... - November 11, 2010 - TULIP Cooperative Credit Union

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