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.

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

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

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

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

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

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 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

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

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 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 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

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

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 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

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 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

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

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

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 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

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

Anil Uzun Comments on the China Ban on Cryptocurrency

Anil Uzun Comments on the China Ban on Cryptocurrency

Anil Uzun comments on China's Central bank announcing all transactions of cryptocurrencies illegal. - October 25, 2021 - Anil Uzun Investments

Securian Financial Teams Up with iGrad to Offer the Enrich Financial Wellness Platform to Retirement Plan Clients

Securian Financial Teams Up with iGrad to Offer the Enrich Financial Wellness Platform to Retirement Plan Clients

Securian Financial will be offering the award-winning Enrich Financial Wellness platform, created by iGrad, to its retirement plan clients and their employees at no additional cost. - October 21, 2021 - iGrad

Commercial Real Estate Financing Advisor, The BSC Group, Welcomes Senior Vice President Drew Sikula

Commercial Real Estate Financing Advisor, The BSC Group, Welcomes Senior Vice President Drew Sikula

The BSC Group LLC, a commercial real estate mortgage brokerage and advisory firm with an emphasis on the self-storage asset class, has hired Drew Sikula as a senior vice president to join the company’s Chicago headquarters. - October 15, 2021 - The BSC Group, LLC

SameDay Auto Finance Selects the TruDecision Expert Auto Score

SameDay Auto Finance Selects the TruDecision Expert Auto Score

TruDecision, Inc. (TruDecision) announced today that SameDay Auto Finance has integrated with the TruDecision Expert Auto Score in order increase service levels to auto dealers and offer additional approvals to underserved consumers. - October 14, 2021 - TruDecision Inc.

Doge Protocol, a Community-Driven Blockchain Project, Released Its Quantum Resistance Whitepaper

Doge Protocol, a Community-Driven Blockchain Project, Released Its Quantum Resistance Whitepaper

The whitepaper on Doge Protocol’s quantum resistance blockchain states the following: It highlights the fact that without a post-quantum cryptographic scheme, not only blockchains but also internet security protocols like TLS will be broken by quantum computers. This is because the... - October 13, 2021 - Doge Protocol

Storage Made Easy and Cloudian Improve Storage Workflows and Collaboration for End Users at Asia United Bank (AUB)

The combination of Storage Made Easy’s Enterprise File Fabric and Object Storage from Cloudian helped AUB enhance data accessibility and it is documented in a newly released customer case study. - October 12, 2021 - Storage Made Easy

New Yorkers Are Turning Towards Global Capital Partners Fund LLC for Quick & Flexible Commercial Real Estate Financing

New Yorkers Are Turning Towards Global Capital Partners Fund LLC for Quick & Flexible Commercial Real Estate Financing

The US-based private lending firm’s leader, Joe Malvasio, helps real estate entrepreneurs in NY and other locations in the US to capitalize on market opportunities with an accelerated and flexible loan process. - October 11, 2021 - Global Capital Partners Fund LLC

Global Capital Partners Fund LLC Gains Borrowers’ Trust in New York Under Joe Malvasio’s Impeccable Leadership

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

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)

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

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