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.
Alternative Liquidity Index Announces Offer to Purchase Shares in alpha-En Corporation
Alternative Liquidity Index LP has announced an offer to purchase up to 2,000,000 Shares of alpha-En Corporation at a premium to the most recent trading price. - January 28, 2022 - Alternative Liquidity GP LLC
United Capital Secures Terms for a $200MM Term Debt & Growth Capital Facility
United Capital secures terms for a high growth entity in the digital streaming sector. - January 28, 2022 - United Capital Partners
BDA and William Blair Advise EQT on Sale of ELEVATE to LRQA
BDA Partners is pleased to announce that EQT, advised by BDA in conjunction with William Blair, has agreed to sell its majority stake in ELEVATE to LRQA via its EQT Mid Market Fund. Under the transaction, ELEVATE will be acquired by LRQA and Ian Spaulding, who has led the successful growth of... - January 27, 2022 - BDA Partners Ltd
NAFA Appoints 2022 Board of Directors
Annuity Leaders Poised to Navigate Continued Uncertainty, Pending and Potential Regulatory Changes - January 24, 2022 - NAFA, National Association for Fixed Annuities
Global Capital Partners Fund Sustains the American Hospitality Industry Amid Global Crisis
The commercial lender continues acquisition funding programs, undeterred. - January 24, 2022 - Global Capital Partners Fund LLC
Spencer Savings Bank Donates $75,000 to the American Red Cross to Support Communities Across U.S. in Wake of Recent Tornado Devastation
Spencer Savings Bank, a leading New Jersey-based community bank, is donating $75,000 to the American Red Cross to support communities across U.S. in wake of recent tornado devastation. Last month, dozens of tornadoes ripped across multiple states (Arkansas, Illinois, Indiana, Kentucky, Missouri and... - January 21, 2022 - Spencer Savings Bank
Market Broker Financial District of London – 2023
The Global Operations Manager said yesterday, London is the next sensible choice for an office due to its strategic time zone in Europe. European clients will be able to access staff at our London office and carry out transactions during London trading hours. This will alleviate waiting time for transaction/research information from our Tokyo or New York offices. Our main objective is to ensure that our existing clients get timely service and access that they need. - January 18, 2022 - Market Broker
Market Broker Helping NYC with Food Insecurity
The Market Broker Giving Foundation has recently teamed up with a few outstanding local New York charities to raise money (and awareness) and donate food to food banks and other local food charities, where food will be distributed to those with food insecurities. - January 17, 2022 - Market Broker
After Four Years in Payments Innovation, PAYARC Rebrands Its Image to Strengthen Its Commitment as a Leading Technology, Financial, and Payment Solutions Provider
To successfully embody fintech's growth as an organization, the rebrand includes a new look, logo, and website across all platforms. - January 12, 2022 - PAYARC
Dominick Prevete of Blue Sky Capital Advisors Arranges $1,612,000 of Financing for an Office/Retail Property in West Palm Beach, Florida
Dominick Prevete has arranged a $1,612,000 loan for the cash-out refinance of an office/retail property in West Palm Beach, Florida. Leveraging his relationship with a leading investment management firm, Prevete was able to arrange attractive terms including a 30 year fixed rate loan. - January 11, 2022 - Blue Sky Capital Advisors LLC
American Debt Enders Provides an Innovative Approach to Debt Relief Nationwide
The company’s debt dispute program popularizes as one of the most successful debt crisis resolution initiatives across the US. - January 11, 2022 - American Debt Enders LLC
Dubai-Based Flowershop.ae Launches Bitcoin Payments
Cryptocurrencies such as Bitcoin have swept the world by storm, leading to rapidly growing enterprise adoption while creating a new economy around e-Commerce payments. - December 30, 2021 - Flowershop.ae
Global Capital Partners Fund LLC is Expanding Investment Options with Impeccable Financial Loans
The hard money lender introduces a host of short-term and long-term financing solutions for investors, developers, and builders. - December 27, 2021 - Global Capital Partners Fund LLC
Private Lender Joe Malvasio Goes International on Commercial Real Estate Financing
The private commercial financer extends real estate loans to the world at large. - December 24, 2021 - Global Capital Partners Fund LLC
Joe Malvasio of GCP Fund Addresses Real Estate Volatility – Grants Quick Private Loans
The private money lender tackles the seesawing real estate market through simple applications and quick approvals. - December 22, 2021 - Global Capital Partners Fund LLC
Clarisent Announces Clearpath Assessment a Comprehensive Approach to Financial Stewardship and Strategy
Clarisent has announced a free ClearPath Assessment exclusively for CEOs and executive leadership of established small businesses. - December 20, 2021 - Clarisent
GCP Fund’s Joe Malvasio Closes Massive $16.8 Million Deal on Residential Development Site in North Carolina
The commercial lender adds a site for building homes to his growing list of acquisitions. - December 20, 2021 - Global Capital Partners Fund LLC
GCP Fund’s Joe Malvasio Creates History in North Carolina – Closes Multimillion-Dollar Deal
The asset-based lender reaffirms the development site’s potential by granting a staggering $16.8 million loan. - December 18, 2021 - Global Capital Partners Fund LLC
Global Capital Partners is Helping Struggling Businesses Get Back on Their Feet Post-COVID
GCP Funds provides diverse private commercial lending solutions to the hardest-hit individuals and organizations. - December 16, 2021 - Global Capital Partners Fund LLC
NexGen Networks Expands Its Network Reach with a New Point of Presence with Virtual1, Hounslow, Southall, UK
A flagship location to meet the growing demand for scalable, reliable, digital infrastructure services. - December 15, 2021 - NexGen Networks
Global Capital Partners Fund LLC Provides Cutting-Edge Financing Solutions to Budding Businesses
The private money lender promotes commercial growth through commercial financing. - December 15, 2021 - Global Capital Partners Fund LLC
A-Team Group Launches New Website
A-Team Group have announced the launch of their new look website https://www.a-teamgroup.com/ to better reflect the marketing and content services they offer for capital markets technology firms. - December 11, 2021 - A-Team Group
Fraud.net Announces "Get Ready for 2022 with New KYC Compliance Technologies" Panel with DIRO
Fraud.net, an award-winning fraud management platform, is pleased to announce that they will be hosting a virtual panel on KYC Compliance on December 15, 2021 at 1:00pm EST to discuss current issues with KYC compliance, evolving threats and regulations, and new technologies to keep pace with the... - December 10, 2021 - Fraud.net
SkySparc Strengthens a Euro-Zone DMO’s Debt Management Operations with Award-Winning PUaaS Solution
SkySparc, an independent solutions provider, has entered a new partnership with a Euro-zone debt management office aimed at ensuring the long-term operational efficiency and performance of its core systems. - December 09, 2021 - SkySparc
A-Team Group Names Winners of 2021 Data Management Insight Awards
A-Team Group named the winners of its prestigious 2021 Data Management Insight Awards today. The annual awards, now in their ninth year, recognise leading providers of data management solutions, services and consultancy to capital markets participants. Award categories ranged from best data... - December 08, 2021 - A-Team Group
South Texas College Launches iGrad Student Financial Literacy Platform to First-Generation Hispanic Students
The award-winning iGrad platform uses artificial intelligence to customize and personalize financial wellness content for each student. Used by more than 600 colleges and universities nationwide, iGrad includes comprehensive customized and interactive information on everything from building and maintaining good credit, budgeting and money management to student loan/debt management and loan calculators. - December 06, 2021 - iGrad
Bitcoin as an Agent for Change Through The Learning Marketplace
Cultivating Collaborative Education Through The Learning Marketplace. - December 03, 2021 - Youthful Savings
InfinyOn Launches SmartModules for Real-time Streaming
New capabilities help enterprises to reduce streaming costs and ensure data integrity. - December 03, 2021 - InfinyOn
SkySparc Moves to 24/7 Service Model with New Sri Lanka Office
SkySparc, an independent solutions provider, is extending client support and project delivery to a 24/7 service model through the establishment of an office in Sri Lanka. - December 02, 2021 - SkySparc
Georgia’s Banks Continue Earnings Momentum in Third Quarter
The 153 FDIC-insured banks headquartered in Georgia through Sept. 30 reported strong third quarter performance. According to the latest FDIC data, cumulatively the state’s banks earned $579.1 million during the quarter, an increase of $128.8 million, or 29%, compared to the same three-month... - December 02, 2021 - Georgia Bankers Association
SnapCheck Enters Into Definitive Agreement to be Acquired
Combination of SnapCheck payments platform with Payroc’s ACHeck21 Fintech Cloud to bring accelerated transformation of business payments. - December 01, 2021 - SnapCheck
A-Team Group Names Winners of RegTech Insight Awards 2021 USA
A-Team Group announced the winners of its prestigious RegTech Insight Awards 2021 USA today. The annual awards recognise leading providers of RegTech solutions, services and consultancy to capital markets participants. The award winners were announced online across categories ranging from Best ESG... - December 01, 2021 - A-Team Group
Blue Sky Capital Advisors Celebrates Its 3rd Anniversary as Dominick Prevete Achieves $50 Million in Annual Loan Production
Blue Sky Capital Advisors, a Nationwide commercial mortgage advisory firm, has celebrated its 3rd year of operations this month. The company arranges commercial financing for residential investment properties, most commercial property types and multifamily properties. - November 30, 2021 - Blue Sky Capital Advisors LLC
Global Excel Achieves Type II SOC 1 & 2 Certification
Global Excel Management Inc., a leader in Healthcare Risk Management, today announced that it is now officially Type II SOC 1 & CSAE 3416 and Type II SOC 2 & CSAE 3000 compliant across the organization - which examines internal and connected external reporting controls confirming they properly designed, in place, and validated. - November 30, 2021 - Global Excel Management
71% of Student Loan Borrowers Ready to Resume Payments in 2022 (The College Investor Survey)
With the student loan payment pause coming to an end on January 31, 2022, student loan borrowers face resuming payments after almost two years. Surprisingly, 71% of student loan borrowers feel ready to resume payments in February 2022. - November 29, 2021 - The College Investor
Citycom Solutions Signs Partnership Agreement with Aura Alliance to Offer ARC Surveil an Audio and Video Management Solution
Unique Citycom AI-driven surveillance system now available to Aura resellers looking to respond to the challenges of the “Work from Home” (WFH) economy. - November 29, 2021 - Citycom Solutions
CakeSwap Token Listed on Hotbit and Finexbox, Two Major Cryptocurrency Centralized Exchanges
Investing in altcoins during the 2017 bull run and the 2020 DeFi boom, cryptocurrency trading has attracted an increasing number of consumers in recent years. As a result, we've witnessed the creation of novel exchange platforms for all of your crypto trading needs. - November 27, 2021 - CakeSwap
A-Team Group Announces Official Launch of Its A-Team Connect Virtual Event and Webinar Platform
A-Team Connect: Designed by events people for events people. - November 26, 2021 - A-Team Group
Gay, Disabled Texas Man Files Federal Employment Discrimination Lawsuit Against Mortgage Giant LoanDepot & Its Founder/CEO Anthony Hsieh
LoanDepot, Inc. and its Founder/CEO Anthony Hsieh have been sued in the United States District Court for the Eastern District of Texas by Trevor Dickens, a gay, disabled man, allegedly a former LoanDepot employee who was subjected to discrimination based on his disabilities and sexual orientation while employed at LoanDepot's Plano, Texas office. - November 22, 2021 - Robinius, Epsinosa & Wietzel
Spencer Savings Bank Closes on Merger with Mariner’s Bank
Spencer Savings Bank, SLA today announced the closing of its merger with Edgewater-based Mariner’s Bank in an all-cash transaction. - November 20, 2021 - Spencer Savings Bank
iGrad to Launch Financial Literacy Education at Saint Joseph’s University for Students, Faculty, Staff and Alumni
Saint Joseph's University in Philadelphia will soon begin offering iGrad's customized, interactive financial literacy digital platform, which is used by more than 600 colleges and universities. Research shows that financial literacy programs can lower student loan defaults, decrease financial stress, improve academic performance and teach students life-long financial management. - November 19, 2021 - iGrad
Meadows Bank Reports 18.7% Increase in Deposits
Meadows Bank, headquartered in Las Vegas, NV, announced today that it posted Total Deposits of $1.1 billion as of September 30, 2021, which was 18.7% higher than the $933.5 million posted on September 30, 2020. At September 30, 2021, the Bank had Total Loans of $902.1 million which decreased from... - November 18, 2021 - Meadows Bank
S-P-S Registers a 10-Fold Increase in the Number of Issuances of Contactless Cards and Documents in Brazil
The increase is motivated by the standardization of technology in the country and the higher use of contactless cards during the social isolation of the COVID-19 pandemic. The numbers are from the French company SPS, in partnership with Bsmart Group. - November 16, 2021 - Bsmart Group
StockValu.com Announces Launch of New Equity Management Approach
StockValu.com announces the launch of its newsletter, ebook and soon-to-be available online software tool designed to enhance equity portfolio returns for institutions. We offer a fundamental valuation-based approach to portfolio returns based on the Founder's 15 year experience as an equity analyst in NYC. - November 09, 2021 - StockValu.com
Global Capital Partners Fund Offers Quick and Hassle-Free Loans for Small Businesses with a Poor Credit History
Leading finance company helps small businesses secure loans easily across New York. - November 04, 2021 - Global Capital Partners Fund LLC
Scotsman Guide Ranks Catlin Capital, Inc.'s Jason Catlin as Washington State #1 Mortgage Broker
Scotsman Guide congratulates Jason Catlin MLO 57702 for ranking as a Scotsman Guide 2021 Top Mortgage Broker. Jason Catlin was the #1 Mortgage Broker in Washington state and was ranked the #26 Mortgage Broker in the country with loan origination volume of $200 million from 537 closed loans. - November 02, 2021 - Catlin Capital
GCP Fund Provides $16.8 Million for Building Homes' Development in North Carolina
Leading New York-based commercial real estate financing company helps acquire a development site for a home-building project in North Carolina. - November 02, 2021 - Global Capital Partners Fund LLC
New York's Leading Commercial Lender, Global Capital Partners Fund LLC, is Making Asset-Based Lending Accessible with Joseph Malvasio's Guidance
Global Capital Partners offers asset-based lending that helps fund growth for many in New York City. - October 29, 2021 - Global Capital Partners Fund LLC
Joseph Malvasio Offers Dependable and Quick Private Loan Financing with His Global Capital Partners Fund LLC Team in New York
Joseph Malvasio’s private lending firm has made it easy for people to get loan financing throughout the US. - October 28, 2021 - Global Capital Partners Fund LLC
Michigan Consultancy Navigator Corporate Advisors Introduces New Cloud Based Accounting Platform
All-in-one, unique, powerful financial management solution for fast emerging and growing mid-market companies. - October 26, 2021 - Navigator Corporate Advisors