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.
Global Capital Partners Fund LLC Gains Borrowers’ Trust in New York Under Joe Malvasio’s Impeccable Leadership
The private lender is a highly credible and dependable private lending source for entrepreneurs and investors alike. - October 11, 2021 - Global Capital Partners Fund LLC
Spencer Savings Bank Donates $75,000 to the American Red Cross NJ for Hurricane Ida Relief Efforts
Spencer Savings Bank, a leading New Jersey-based community bank, is donating $75,000 to the American Red Cross NJ to support Hurricane Ida relief efforts. “Hurricane Ida had a devastating impact in many communities across New Jersey,” said Jose B. Guerrero, Spencer’s Chairman and... - October 09, 2021 - Spencer Savings Bank
Global Capital Partners Fund LLC is Gaining Recognition for Its Personalized and Flexible Loan Terms Across the US
The US-based private lender is a favorite for clients as they offer quick closing of loans. - October 08, 2021 - Global Capital Partners Fund LLC
CRINDATA Releases Cloud-Based Business Continuity and Incident Management SaaS
CRINDATA has released its state-of-the-art business continuity and incident management SaaS to financial institutions and their critical third party service providers. - October 08, 2021 - CRINDATA
SkySparc Strengthens Dutch Presence and Builds for Future Growth
SkySparc, an independent solutions provider, is further strengthening its local market presence by appointing Robert Segaar as country delivery leader for the Netherlands. - October 07, 2021 - SkySparc
Carvant Financial LLC Welcomes David Cevasco as National Sales Manager
Carvant Financial LLC, a leading non-prime automobile finance company based in Syosset NY, today announced the addition of David Cevasco as National Sales Manager. Mr. Cevasco most recently served as Divisional Manager for United Auto Credit Corp. “We’re very excited to have David join... - October 05, 2021 - Carvant Financial LLC
Alcineo SoftPOS SDK Certified with Pure Specifications
Alcineo is proud to announce the certification of their SoftPOS SDK with Pure payment specifications. The implementation of Pure functional library in Alcineo's SoftPOS SDK allows payment solution providers to reach emerging payment markets relying on a technology compliant with international... - October 02, 2021 - Alcineo
Marcel Fröhlich Joins Board of Directors of Enterprise Knowledge Graph Foundation (EKGF)
Enterprise Knowledge Graph Foundation is pleased to welcome Marcel Fröhlich of eccena to its Board of Directors. eccenca is a leading provider of an automated decision processing platform solution that enables companies to infuse knowledge into their data. Enterprise Knowledge promotes semantic standards and best practices to support the growing enterprise knowledge graph marketplace. - October 01, 2021 - Enterprise Knowledge Graph Foundation
Your Insurance Lady Announces New Blog Post, The Various Types of Homeowners Insurance, Revealed
When choosing between types of homeowners insurance, you’ll want to consider your home’s value and structure, as well as your budget. With a little homework, you could have the right policy for you in no time. - October 01, 2021 - Your Insurance Lady
United Capital Partners Secures Term for $1.1MM Equipment Financing
United Capital Partners secures $1.1MM in equipment financing for a Canadian customer in the medical manufacturing sector. - September 30, 2021 - United Capital Partners
Prospect Home Finance Celebrates 15 Years in Business
San Diego-based mortgage broker committed to providing borrowers with competitive rates and exceptional service celebrates 15 years in business and continues to thrive in an ever-changing industry. - September 30, 2021 - Prospect Home Finance
Cash in on E-Kyash: New E-Wallet App Launch by Wallet Factory to Help the Underbanked in Belize
The Belize Bank Limited - along with a fintech solutions provider, Wallet Factory - have been the first in the region to launch a digital wallet app providing access to top-notch online banking services for Belizean customers. - September 20, 2021 - Wallet Factory
Ramki Ramanarayanan Rejoins Occams Group as Divisional CEO
Occams Advisory, a leader in professional and consumer services, announced Ramki Ramanarayanan’s return to Occams, as its Divisional Chief Executive Officer. Ramki’s return boosts Occam’s rapid emergence as a leader in middle-market B2B professional services and in... - September 18, 2021 - Occams Advisory
Joe Malvasio’s Global Capital Partners Fund LLC is Expanding Its Fast & Convenient Hard Money Lending with Global Affiliate Broker Program
The private lender is accepting applications from broker firms from all over the world to expand their streamlined financing services worldwide. - September 18, 2021 - Global Capital Partners Fund LLC
Global Capital Partners Fund LLC’s Streamlined Application Process Makes Hard Money Loans Easy & Accessible in New York
Joe Malvasio’s hard money lending firm streamlines its application form to allow everyone to apply for convenient and fast loans. - September 18, 2021 - Global Capital Partners Fund LLC
New ESG Insight Online Publication to Cover Data, Reporting and Technology Challenges in Capital Markets, from A-Team Group
A-Team Group, the leading marketing agency in capital markets data and technology, is thrilled to introduce its latest service ESG Insight, where it will be delivering news, commentary and in-depth features about how the capital markets industry is dealing with data management and regulatory reporting challenges to meet the increasing needs of ESG-focused investing. - September 16, 2021 - A-Team Group
Restitution Study Group Announced as Inaugural Grantee in Multi-Million Dollar Initiative for Reparations Advancement -- The #Case4Reparations Fund
Today, Liberated Capital, Decolonizing Wealth Project’s donor community and funding vehicle focused on providing resources to Black, Indigenous and other communities of color, officially announced the Restitution Study Group (RSG) as part of the inaugural cohort who will receive funding to... - September 14, 2021 - Restitution Study Group
BDA Advises Argan and BiYiDe on Growth Capital Raise
BDA Partners is pleased to announce that its client, Argan Capital, has raised significant new growth capital for its hard discount grocery portfolio company, BiYiDe. The new capital came from a blue-chip mainland Chinese corporate investor. BDA was the exclusive financial advisor to Argan Capital... - September 08, 2021 - BDA Partners Ltd
Joe Malvasio’s Global Capital Partners Fund LLC Hires In-House Underwriters to Simplify Loan Application Process
The US-based private lender relies on a team of experienced underwriters to make the loan application process quick and easy for their clients. - September 08, 2021 - Global Capital Partners Fund LLC
TopDawg’s CEO and Former Trupanion Senior Executive Creates New and Unique Opportunity for Online Retailers and Suppliers
TopDawg has created a platform for retailers and suppliers that streamlines the online retail process and increases revenue for both sides. The platform benefits all businesses in the supply chain, from the online retailers to the product manufacturers and everyone in between. - September 07, 2021 - TopDawg
Anil Uzun Will Share His Advice for Fintech Entrepreneurs
Anil Uzun will share his advice for Fintech Entrepreneurs on Youtube on September 17, Friday at 07.00 pm CET. - September 07, 2021 - Anil Uzun Investments
S & S Bank Card Systems Named Best High Risk Processing Company by topcreditcardprocessors.com for September 2021
The independent authority on merchant services vendors, topcreditcardprocessors.com, has announced S & S Bank Card Systems as the top-rated high risk processing firm for the month of September 2021. Companies featured in the rankings have shown their ability to consistently offer exceptional... - September 07, 2021 - topseos.com
Joe Malvasio of GCP Fund Ensures Quick Closing on Hard Money Loans for New Commercial Real Estate Investors in New York
GCP Fund facilitated an acquisition worth $9.5 million to Bank Reo and closed the deal just within a matter of two weeks. - September 06, 2021 - Global Capital Partners Fund LLC
Joe Malvasio Completes 40 Years of Experience Working as a Reputable Real Estate Lender for Borrowers in the US
The US-based private lending expert is known for his reliable real estate financing services that help companies and real estate owners across the country. - September 06, 2021 - Global Capital Partners Fund LLC
Global Capital Partners Fund LLC Has Funded Over $2 Billion in Transactions
The private lender is known for his stellar financing services. - September 03, 2021 - Global Capital Partners Fund LLC
Opteon Advances Innovation Within the Appraisal Industry Through the Acquisition of Valucentric
Opteon, a leading international provider of valuation, advisory, and property services, has acquired Valucentric. Opteon currently uses innovative technology to deliver an average of 2-day turn times and on-demand same-day appraisals. Opteon is customizing that platform for the US market. - September 02, 2021 - Opteon USA
ASC Arranges $17.27M Bridge Loan for Multifamily Community in Jonesboro, GA
American Street Capital (“ASC”) announced today that it has arranged a $17.27 million value-add bridge loan for the 200-unit Flint River Apartments community located in Jonesboro, GA. Situated 15 miles south of the Atlanta central business district, Jonesboro is a southern suburb with... - September 02, 2021 - American Street Capital
Idaho Trust Bank Continues Growth, Names Garcia Chief Lending Officer
Thomas Prohaska, chairman and chief executive officer of Idaho Trust Bank, announced the hiring of Mike R. Garcia as chief lending officer. Garcia comes to Idaho Trust Bank with nearly 20 years of banking experience including most recently a senior vice president and commercial market manager. In... - September 02, 2021 - Idaho Trust Bank
Biz2Credit Named Best Small Business Loans Company by topcreditcardprocessors.com for September 2021
The independent authority on merchant services vendors, topcreditcardprocessors.com, has announced Biz2Credit as the top-rated small business loans firm for the month of September 2021. Companies featured in the rankings have shown their ability to consistently offer exceptional small business... - September 01, 2021 - topseos.com
Global Capital Partners Fund LLC Offers Commercial Lending Up Till $100MM
The private lender offers commercial lending from $1MM to $100MM+. - August 31, 2021 - Global Capital Partners Fund LLC
Global Capital Partners Fund LLC Helps Businesses Across the United States with Its Accelerated Financing Solutions
The NY-based private lender offers quick closing on business funding. - August 28, 2021 - Global Capital Partners Fund LLC
Visions Federal Credit Union Partners with LemonadeLXP to Accelerate Digital Adoption
Visions Federal Credit Union has partnered with LemonadeLXP, a learning experience and digital adoption platform for credit unions, to train staff and support members as they migrate to digital banking. Visions selected LemonadeLXP for their specialization in financial services, engaging learning... - August 26, 2021 - LemonadeLXP
Meadows Bank Reports 37% Increase in Net Income
Meadows Bank, headquartered in Las Vegas, NV, announced today that it posted After Tax Net Income of $11,249,751 in the first half of 2021 which was 37.1% higher than the $8,202,917 earned during the same period in 2020. The Bank also reported a 22.5% increase in Total Deposits. Total Deposits... - August 25, 2021 - Meadows Bank
Global Capital Partners Fund LLC is Known for Quick Closings on Dependable Loans in NY
The NY-based private lender is known for the quick loan approval process. - August 23, 2021 - Global Capital Partners Fund LLC
Alief Financial Services LLC Has Released a First of Its Kind Cash and Credit Access System for Business Owners
Alief Financial Services LLC has released a first of its kind cash and credit access system for business owners. The Business Finance Suite provides business owners easy access to financing options of all kinds for their businesses. “Access to money has always been one of the biggest challenges a business owner faces,” Tanya Ward CEO of Alief Financial Services LLC. “Through the finance suite entrepreneurs can quickly access the cash and credit they need to grow their business.” - August 21, 2021 - Alief Consulting Services LLC
AJMS Global Launches a Bi-Annual Corporate Newsletter Called “The Financial Wire”
AJMS Global is pleased to announce the launch of their long awaited bi-annual newsletter in the name and style of “The Financial Wire.” The newsletter will provide expert perspective on specialized issues of interest to various stakeholders of regional and global business. The... - August 15, 2021 - AJMS Global
Spencer Savings Bank Honored with Financial Managers Society (FMS) Community Engagement Award
Spencer Savings Bank was recently honored with the Financial Managers Society (FMS) Community Engagement Award. The FMS Community Engagement Award has been established by the organization to recognize institutions that have answered the call of duty amidst a global pandemic and provided service and... - August 14, 2021 - Spencer Savings Bank
Anil Uzun Comments on How Millennials Are Driving Demand for Challenger Banking
Anil Uzun will comment on how millennials are driving demand for challenger banking on Youtube on August 20, Friday at 07.00 pm CET. - August 13, 2021 - Anil Uzun Investments
Steve Muehler Paralegal Expands Its “SEC Edgar Filing Division”
Steve Muehler today announced that the firm has expanded its SEC Edgar Filing Division to include services for Transfer Agents, Securities Law Firms and Mutual Funds. - August 08, 2021 - Steve Muehler
Spencer Savings Bank Distributes $50,000 in FHLBNY Grants to Small Businesses and Non-Profits
Spencer Savings Bank is proud to announce that it has distributed an additional $50,000 in grant funding, provided by the Federal Home Loan Bank of New York’s Small Business Recovery Grant Program, to small businesses and nonprofit organizations. The program supports the financial security... - August 07, 2021 - Spencer Savings Bank
Applied Bank, Wilmington, DE, Recognized by Lending Tree’s DepositAccounts.com as #1 Healthiest Bank in America
DepositAccounts.com, a subsidiary of LendingTree, has released its list of the 2021 Healthiest Banks in America, which named Applied Bank as the #1 Healthiest Bank in America. Applied Bank’s financial health was rated the highest out of over 4 thousand banks analyzed throughout the... - August 07, 2021 - Applied Bank
Thirty Best High Risk Credit Card Processing Companies Named by topcreditcardprocessors.com for August 2021
The independent authority on merchant services, topcreditcardprocessors.com, has released their list of the best high risk credit card processing companies for August 2021. Each of the payment processors featured within the rankings have been put through a meticulous evaluation of their credit card... - August 05, 2021 - topseos.com
Top Fifty Best Credit Card Processing Companies Named by topcreditcardprocessors.com for August 2021
The independent authority on merchant services, topcreditcardprocessors.com, has announced their August 2021 rankings of the best Credit Card Processing Companies. - August 04, 2021 - topseos.com
BDA Advises HappyFresh on US$65 Million Series D Capital Raise
BDA Partners is pleased to announce that its client, HappyFresh, has successfully raised US$65m in Series D funding led by Naver Financial Corp and Gafina BV, followed by STIC, LB Investment, and Mirae Asset Indonesia & Singapore. Existing investors such as Mirae Asset-Naver Asia Growth Fund... - August 03, 2021 - BDA Partners Ltd
Merchants Bancard Network Named Best Cash Discount Company by topcreditcardprocessors.com for August 2021
The independent authority on merchant services vendors, topcreditcardprocessors.com, has announced Merchants Bancard Network as the top-rated cash discount company for the month of August 2021. Companies featured in the rankings have shown their ability to consistently offer exceptional cash... - August 03, 2021 - topseos.com
BDA Expands Senior Team in Seoul: Victor Chang Joins as Managing Director
BDA Partners is pleased to announce that Victor Chang has joined as a Managing Director in Seoul. Victor will work closely with Howard Lee, Partner & Head of BDA Seoul, and Ryan Jung, Managing Director, to expand BDA’s Korea practice. Victor has more than 20 years’ professional... - August 02, 2021 - BDA Partners Ltd
United Capital Partners Sources $10.6MM Equipment Leasing Line
United Capital Partners successfully sources $10.6MM equipment lease for a customer operating in the life sciences research and development sector. - July 30, 2021 - United Capital Partners
Leadership GBA Board of Directors Elects and Installs Officers and Directors
Members of the Georgia Bankers Association (GBA) have elected and installed officers and eight new members to the Leadership GBA Board of Directors for the 2021-2022 fiscal year. Jenny Wofford, senior vice president and director of retail banking with Pinnacle Bank in Elberton, was installed as... - July 30, 2021 - Georgia Bankers Association
Anil Uzun Talks About the Gender Gap in the Funding of Ventures
Anil Uzun will talk about the lack of adequate funding for women FinTech venturers on YouTube on August 6, Friday at 07.00 pm CET. - July 28, 2021 - Anil Uzun Investments
Study by Financer.com Reveals an 8.9% Global Decrease in Credit Sentiment Score in 2021, with Sweden, the US and Hungary Experiencing the Most Significant Drops
The Finance Barometer is the first global credit sentiment study. The study collected 16,530 unique votes from 26 countries and will publish the 2021 report on July 27. The report contains 7 interactive charts that compare credit sentiment data for 2020 and 2021. - July 27, 2021 - Financer