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.
Canada Credit Fix Enters New Year with New Phase of Growth in the Credit Repair Industry
The time has come to enter the next phase of conquest in the credit industry, through their new software tools, their growing talent pool of financial experts, and expanding their services throughout Canada and beyond. - February 18, 2011 - Canada Credit Fix Inc.
Uniastrum Bank Internet Site Gains Top-5 Web Ranking
Russia’s North West Banking Association has compiled a list of the twenty best bank websites in the North West region. - February 17, 2011 - Uniastrum Bank
Certified Distressed Property Expert, (CDPE)
Preston E. Gilmore, Broker Associate Earns Prestigious Designation to Help Homeowners in Danger of Foreclosure - February 12, 2011 - RE/MAX Prestigious Properties, Preston Gilmore
Bellwether Community Credit Union Donates $15,000 to NH Food Bank
Financial Institution continues support of state's only food bank - February 12, 2011 - Bellwether Community Credit Union
CNI Executive Explains Benefits of Voluntary Auditing for Wall Street Journal
Century Negotiations CEO explains why voluntary financial auditing improves the company’s standing in the eyes of clients, bankers, and the general public. - February 12, 2011 - Century Negotiations, Inc.
Crescent State Bank to Continue Offering Free Checking
Despite Industry Trends, Community Bank Will Not Discontinue Free Service - February 11, 2011 - Crescent State Bank
TempWorks Introduces Click-Once Payroll Tax Filing
New software automatically calculates tax payments and prints tax forms for thousands of tax jurisdictions around the country, ensuring accuracy and lowering administrative costs. - February 10, 2011 - TempWorks Software
New Personal Car Shopper Service for Expats Launched by Lion Leasing
To help foreigners moving to the U.S. with hassle free V.I.P. access to a new vehicles, Lion Leasing has launched a Personal Car Shopper Service that offers to locate, negotiate the price and check the condition of any new or used vehicles nationwide. The vehicles can then be financed and insured... - February 10, 2011 - Lion International Leasing
The Bank of Cyprus and Uniastrum Bank Organize Charity Initiative for Russians Hit by Summer Fires
In March 2011 50 Russian families that suffered as a result of last year’s freak heat wave will holiday in Cyprus. - February 09, 2011 - Uniastrum Bank
Genesis Rare Diamonds Announces August 8th Date for Relaunched Website
Genesis Rare Diamonds announced today the upcoming renewed relaunch and refresh of their corporate website on August 8, 2011 with new features designed to better inform its clients, as well as other hard asset consumers and investors around the globe. The revamped and modernized site will feature... - February 07, 2011 - Genesis Rare Diamonds
Uniastrum Reports 2-Fold Increase in Small Business Loans in 2010
Last year the Bank issued more than Rb 7.3 bn to Russia’s small business community, upsizing its SB credit portfolio by over 90%. - February 06, 2011 - Uniastrum Bank
Green Energy Promotions Offers Virtual File Cabinet Solution to Help Financial Institutions Drive Adoption of Electronic Statements
Green Energy Promotions, a San Diego California Environmental Promotional Marketing Firm, offers a user-friendly virtual filing cabinet as consumer incentive tool for Financial Institutions to drive customer adoption of electronic statements. - February 04, 2011 - Green Energy Promotions
Mapleton’s Pioneer Bank Now Rockin’ Kasasa Tunes™
Unrivaled Account Offers Consumers a New Kind of Bank Note. - February 04, 2011 - Kasasa
Colorado Vault & Safe Deposit Co to Help Bank Customers Who Are Displaced from FDIC Closure
Colorado Vault & Safe Deposit Box Co to offer FirsTier Bank of Louisville Bank customers safe deposit boxes at a discounted price. - February 03, 2011 - Colorado Vault & Safe Deposit Box Co
Liquid Expat Mortgages Says Longer Term Fixed-Rate Re-Mortgages "Wise Move" for British Expats Who Can Move Quickly
A number of lenders serving the expat mortgage market are offering fixed rate deals at the moment, a certain way for borrowers to be sure that the cost of buying UK property on a mortgage stays fixed for the specified period. - February 02, 2011 - Liquid Expat Mortgages
Great Oak Lending Partners is Now Licensed in North Carolina, Virginia, Oregon, & Texas
Great Oak's ability to now offer North Carolina reverse mortgages, Virginia reverse mortgages, Oregon reverse mortgages, and Texas reverse mortgages, vastly increases its exposure across the United States. - February 02, 2011 - Great Oak Reverse
BDO UITFs Consistently Give Competitive Returns
The trust and investments group of Banco De Oro Unibank, Inc. (BDO) has rewarded its clients last year with competitive returns on investments (ROI) from its various unit investment trust funds (UITF). Figures showed that the ROIs of the Bank’s UITFs, namely, the Peso Money Market Fund, Peso... - January 31, 2011 - Banco De Oro Unibank, Inc.
Uniastrum Bank 2010 Results Show 50% Increase in Payment Card Distribution
In 2010 Uniastrum issued over 216,000 new payment cards compared with around 147,000 in the previous year. As of year-start 2011 the lender distributed more than 715,000 cards. - January 30, 2011 - Uniastrum Bank
Kasasa® Banking Services Launch at Southwest Louisiana Credit Union
Southwest Louisiana Credit Union Introduces Kasasa, a Striking Alternative to the Mega Bank Rollercoaster - January 29, 2011 - Kasasa
PinPoint Research Launches MyCUsurvey.com to Give Credit Unions a Low-cost, Turnkey Approach to Member Research
New Survey Service Specifically Designed for Credit Unions Assesses Member Satisfaction Using an Approach that is Standardized, Accurate, and Inexpensive - January 28, 2011 - MyCUsurvey.com
C.O.D. Friendly Expands Credit Facility
Fueled by an increase in demand for their signature financial product, C.O.D. Guaranty℠, C.O.D. Friendly is announcing an expansion of their line of credit facility. The recent Credit Facility increase with a National F.D.I.C. insured institution confirms the belief of the financial community... - January 27, 2011 - C.O.D. Friendly, Inc.
Kustom Design CEO to Guest Speak at Total Woman Ministry Event This Month
Michael Lepitre will be discussing finances, focusing greatly on the five steps to financial freedom - January 26, 2011 - Kustom Design
Free Business Banking Webinar Offers Critical Insight Into Making Sound Business Lending Decisions
Risk assessment techniques, including a conversation model to help financial services professionals evaluate their customers’ and prospects’ abilities to manage their companies and repay borrowed money, will be shared by business banking consultant Clarity Advantage in a free webinar on Thursday, Feb. 17 at 12:00 PM EST. - January 26, 2011 - Clarity Advantage Corporation
The Knowledge Congress Has Scheduled a Live Webcast on Stress Testing for Community Banks in 2011
While the financial meltdown was led by the large financial intuitions, community banks suffered mightily from its aftershocks. Community banks are increasingly turning to stress testing so that they can more comprehensively understand their risk & financial health to make it easier to anticipate future problems. - January 22, 2011 - The Knowledge Group
Mike Lee Resigns from Mazuma Capital Board of Directors to Take His Senate Seat in 2011
Mazuma Capital announced the resignation of newly elected Senator Mike Lee. Senator Lee, who served on the Mazuma Capital Board of Directors, is the youngest elected member of the U.S. Senate and the first new senator Utah has had in 18 years. Lee made national headlines when he defeated then... - January 20, 2011 - Mazuma Capital
Wershing and Littlechild to Present Webinar "Generating Referrals Perpetually"
Stephen Wershing, president of The Client Driven Practice, and Julie Littlechild, president of Advisor Impact, will be presenting a webinar "Generating Referrals Perpetually" through the investment advisor web community Advisors4Advisors.com this Friday, January 21, 2011, at 4:00 PM. The... - January 20, 2011 - The Client Driven Practice
Landen Options and Futures is Set to Utilize Algorithmics for Market Management Risks
In the next few weeks, Landen Options and Futures, a leading brokerage firm in Belgium that offers brokerage trading services to global investors and traders will soon employ Algorithmics’ solutions for the firm’s market management risks. The agreement will soon commence after the finalization of the terms and conditions of the services offered by the Algorithmics. - January 20, 2011 - Landen Options and Futures
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
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 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
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
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