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.
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
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
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
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 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 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
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
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