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.
New Faces on Board at Trillium Capital Resources
Trillium Capital Resources is excited to welcome the newest member of the team, Ryan Griffith as an Associate for Commercial Real Estate Financing. He will be working closely with Brent Shryock and Scott Taccati by assisting in finding solutions for their clients with an emphasis on debt placement... - May 14, 2020 - Trillium Capital Resources
Progress Capital Arranges $14.5 Million Construction Loan for Self-Storage Project
Kathy Anderson arranged a $14.5 Million construction loan for Dino Tomassetti, managing member of 1 Holland, LLC. The property is located at 1 Terminal Road in Lyndhurst, NJ and when completed, will include 950 self-storage units that will be managed under the Life Storage banner. The Borrower... - May 13, 2020 - Progress Capital
John Pappie, the CEO of VX Global, Releases Finance Report on PPE Crisis
VX Global has participated in multiple cross border trade transactions and has summarized its findings as to why PPE gear is not coming into the US at a rapid rate. - May 06, 2020 - VX Global Inc.
OBITX Embraces Blockchain Technologies and Decentralized Computing
Michael Hawkins, OBITX Chief Executive Officer and Chief Financial Officer, addresses shareholders on Company's direction in blockchain technologies and decentralized computing. - May 06, 2020 - OBITX, Inc.
Contemi Solutions Continues Southeast Asia Expansion with New Hire
Contemi Solutions, a leading technology provider to the global wealth management, insurance, banking and financial services community, today announced the appointment of Gaurav Mehta as the Director of Sales to continue the company’s rapid growth in the Southeast Asia region, which includes... - May 06, 2020 - Contemi Solutions
Canadian Money Service Business Association Announces the Letter Writing Campaign in Support of Fair Access to Banking Services for Its Members
Canadian Money Service Business Association Announces the Letter Writing Campaign in Support of Fair Access to Banking Services and COVID-19 Relief for its Members - May 02, 2020 - Canadian MSB Association
WCA is Presenting "How to Manage the Emerging Challenges in Credit & Collections" Webinar
During this program, WCA will address the following trends: - Credit authority combined with accountability - Trends during and after the pandemic - The need for continuous process improvement - A greater focus on proactive credit risk management - The challenges associated with increased focus on... - May 01, 2020 - WCA/BCMA
Contemi Launches Its Client Portal Lite in Response to Resolving Client Communication Challenges
In response to the challenges that wealth managers and financial advisors face whilst trying to effectively communicate with their clients during the COVID-19 lockdown, Contemi Solutions announce the launch of a Lite version of their existing Client Portal, a module from the award winning Wealth... - May 01, 2020 - Contemi Solutions
YCP Solidiance’s Research Explores the Emergence of E-Money in the Philippines
YCP Solidiance conducted a study on the Digitization of the Philippine Wallet. - April 30, 2020 - YCP Solidiance
Contemi's Solutions & Its Client Blankstone Collaborate to Service the End Investors & Help Environment Amid COVID-19 Pandemic
Contemi Solutions Client Blanstone Sington embraced Client Portal to mitigate the impact of working remotely immediately and its clients have welcomed the ability to access the portal for their key information from portfolio information, documents to messages from Investment Managers. During the COVID 19 pandemic Blankstone has more than doubled end investor take up of their Client Portal. - April 29, 2020 - Contemi Solutions
QuickRecharge.ae is Launched by Paynet.one
Paynet.one introduced the all new QuickRecharge.ae, a one of a kind mobile recharge, gift cards and UAE VoIP calling cards online store. QuickRecharge.ae offers Du and Etisalat mobile recharge along with, the very popular in the UAE, Hello & Five VoIP calling cards. International mobile... - April 28, 2020 - Paynet Payment Services Provider
Critical Illness Insurance Association Posts First Educational Video
The first video to educate consumers about critical illness insurance planning has been posted by the American Association for Critical Illness Insurance (AACII). "Millions of Americans are impacted each year by a critical illness," shared Jesse Slome, AACII's director. "The number... - April 25, 2020 - American Association for Critical Illness Insurance
SelFin Partners with Innovative Assessments to Help Increase Credit Access for Indian MSMEs
SelFin and Innovative Assessments have signed a partnership agreement to collaborate with regards to improving the financial inclusion of micro-enterprises in India using psychometric analysis. - April 24, 2020 - Innovative Assessments
Lowcostcarsinsurance.us Presents Several Ways to Cut Off Car Insurance Expenses During the Coronavirus Pandemic
Lowcostcarsinsurance.us is a top auto insurance brokerage website, providing car insurance quotes online from trustworthy agencies all over the United States. This website presents several ways drivers could use to get cheaper car insurance during the ongoing coronavirus outbreak. - April 17, 2020 - Lowcostcarsinsurance.us
PayKings Appoints Kyle Hall as New President
PayKings, a St. Petersburg, FL based payment processing company, has named Kyle Hall as President. During his tenure, Hall has been instrumental in building cross-functional teams throughout PayKings and has helped lead the company into a new phase of growth. Certified as a Payment Professional by... - April 15, 2020 - PayKings
GetBucks Adds Innovative Assessments’ New Credit Scoring Technology
GetBucks (Pty) Ltd., part of the Finclusion Group and a South African company focusing on digital financial and insurance solutions, have signed a partnership agreement with Innovative Assessments International, Ltd. (“IA”) to promote financial inclusion and extend more credit to those... - April 15, 2020 - Innovative Assessments
COVID-19 Upends Small Business Owners; National Credit Partners Can Help
The unexpected crisis posed by the coronavirus pandemic has created unimaginable problems for small business owners who are overwhelmed with business debt. National Credit Partners offers a win/win solution. - April 14, 2020 - National Credit Partners
No-Cost Music Relief Funding Program Expanded by Sound Royalties for Music Royalty Rights Holders
Zero-Cost Advance Options Available to Songwriters, Artists, Producers and Select Service Providers Through May 16 - April 14, 2020 - Sound Royalties
Contemi Gets a New Managing Director in Vietnam to Lead Asia Development Centre
Contemi Solutions, the global technology provider to the insurance, wealth management, banking and financial services industry, has announced the appointment of new Managing Director (MD) to further bolster its Southeast Asia InsurTech business. - April 10, 2020 - Contemi Solutions
CARES Act Loan Calculator Launched by Spire Law
To help small business owners estimate forgiveness under the CARES Act PPP Loan’s complicated rules, Spire Law built and launched the CARES Act Loan Forgiveness Calculator and a guided application called the CARES Act Paycheck Protection Program Application Tool. - April 07, 2020 - Spire Law
BDA Advises Henkel on Sale of Its Asian Electronic Cleaning Chemicals Business to Nippon Kayaku
BDA Partners is pleased to announce that its client, Henkel AG & Co KGaA, has sold its Asian electronic cleaning chemicals business to Nippon Kayaku Co Ltd., a Japanese specialty chemicals company. Terms of the transaction were not disclosed. Henkel’s Asian electronic cleaning chemicals... - April 07, 2020 - BDA Partners Ltd
iGrad Launches Free “Coronavirus and Your Financial Health” for Employers
iGrad has launched a free Enrich Financial Wellness resource for employers to help their employees manage financial challenges caused by the COVID-19 coronavirus pandemic. - April 07, 2020 - iGrad
BDA Advises Thipha & Dovina, Vietnam, on Sale to Stark Corporation, Thailand
BDA Partners is pleased to announce that its clients, the shareholders of Thinh Phat Cables Joint Stock Co. (“Thipha”) and Dong Viet Non-Ferrous & Plastic Joint Stock Co. (“Dovina”), have sold 100% equity in Thipha and Dovina to Stark Corporation PCL of Thailand, for an... - April 06, 2020 - BDA Partners Ltd
CENTUS Stable Coin Became a Leader in Trading Volume at Stellar DEX
CENTUS Stable Cent, issued by the English-based company Cloud Invest Ltd., became the prime coin in turnover volume on Stellar Markets (DEX) in March (source: stellar.expert). Up to date, over 35,000 holders are enrolled in the CENTUS seignorage network. Their benefits consist of seignorage, a kind of interest, that is accrued on the funds they hold on their Stellar addresses, twice a week (Tuesday and Friday). - April 03, 2020 - Cloud Invest Ltd.
Europe Tech Startup to Launch in Australia
Europe based start-up, Currency Alliance has created the B2B global loyalty currency ecosystem to help customers earn more points, faster across multiple programs. Currency Alliance’s SaaS platform operates a global loyalty ecosystem for issuing, redeeming, or exchanging any Loyalty Point... - April 02, 2020 - Ellipsis
Consumers Will Soon Pay Higher Life Insurance Rates
COVID-19 has interrupted every part of life globally, and life insurance is no exception. A pandemic of this magnitude will undoubtedly result in a heightened awareness of mortality. In the life insurance arena, this has translated into a surge in demand for coverage. For many consumers COVID-19... - April 01, 2020 - AccuQuote
iGrad Launches Free “Coronavirus and Your Financial Health” for Colleges
iGrad has launched a free online financial wellness resource for colleges to help their students manage financial challenges caused by the COVID-19 coronavirus pandemic. - April 01, 2020 - iGrad
LemonadeLXP Offers Digital Academy, Consumer-Facing Repository Platform for Free
LemonadeLXP, the all-in-one learning experience platform for financial institutions, is now offering its Digital Academy free of charge until the end of June to support customers and call center/support staff as they migrate to digital channels. Digital Academy allows financial institutions to... - March 31, 2020 - LemonadeLXP
Equiant Responds to COVID-19 Outbreak; Business Continuity Plan in Place; Social-Distancing Solutions for Clients
In light of the recent coronavirus (COVID-19) outbreak, Equiant has activated its Business Continuity Plans to support the general health of its employees and maximize productivity in its workforce. The financial services and technology provider’s clients can rest assured that systemic... - March 27, 2020 - Equiant
Independent Contractors Demand Coronavirus Relief for Their Families and Animals; 57 Million in the U.S. Representing More Than a Third of the Working Population
According to Business Insider, who recently completed a survey of over 1,000 pet owners, the average American spends annually $1,566.96 a year or $126.19 a month on their animals. More specifically, a dog owner spends $139.80 a month and a cat owner spends $92.98 a month. Animal Trust Planning is the new avocado toast for pet products in 2020. Pet owners are seeing the value in spending $34.99 to ensure their animal's uninterrupted care after they are unable to care for them. - March 24, 2020 - Animal Trust Planning
Sports Trading: The Market That Continues to Show Investors 3% Per Month
Sports Index: The World's Biggest Trading Exchange - March 24, 2020 - Sports Index - (Sporting Index) A Sporting Group Brand
Jon Ahlbum Recognized as a Professional of the Year for 2020 by Strathmore's Who's Who Worldwide Publication
Jon Ahlbum of Margate, Florida has been recognized as a Professional of the Year for 2020 by Strathmore’s Who’s Who Worldwide for his outstanding contributions and achievements in the field of insurance. About Jon Ahlbum Jon Ahlbum is the President and MGA of The Ahlbum Insurance... - March 24, 2020 - Strathmore Worldwide
NuRealty Advisors Inc. Has Recently Brokered the Purchase & Sale for the Property Located at 84-86 Hamilton Avenue in Yonkers, NY
This is another testament to the experience and professionalism that is applied to a tough market by the principals of NuRealty Advisors Inc. - March 23, 2020 - NuRealty Advisors Inc.
Georgia’s Financial Institutions Proactive on Coronavirus
Georgia’s banks and credit unions have sprung into action to meet the financial services needs of our state’s families and businesses during the coronavirus public health emergency. The Georgia Bankers Association, Community Bankers Association of Georgia and the Georgia Credit Union... - March 22, 2020 - Georgia Bankers Association
A-Team Group to Hold Data Management Summit Virtual – A Groundbreaking Model for Today’s New Normal
Summit to discuss growing shift from defensive to offensive data management strategies with senior industry experts, top tier solution providers. - March 20, 2020 - A-Team Group
"Adapt," the Second Book by Best-Selling Author and 40-Year CRE Veteran Blaine Strickland, CCIM is Now Available
Disruption is Coming to Commercial Real Estate Brokerage. Are You Ready? - March 18, 2020 - Blaine Strickland
Florida Property Receiver Force Offers a Solution for Associations Inundated with Reverse Mortgages
Florida Property Receiver Force offers a solution for Associations inundated with Reverse Mortgages affected by the 2018 Judicial Foreclosure Requirement. - March 14, 2020 - Florida Property Receiver Force
Spencer Savings Bank Helps Eva’s Village Coach Its Job Seeking Community with Mock Job Fair Participation
Spencer Savings Bank, a leading New Jersey-based community bank, recently spent the morning in Paterson helping Eva’s Village coach its job seeking community with participation in a mock job fair. Employees, posing as hiring managers, interviewed clients and provided feedback on both... - March 12, 2020 - Spencer Savings Bank
Kennedy Berg LLP Wins the Appointment of a Receiver Over the Business and Property of The Law Offices of Jonathan S. Resnick & Perry A. Resnick
Kennedy Berg LLP secured the appointment of a receiver to take possession of the businesses and property of three Maryland-based law firms, The Law Offices of Jonathan S. Resnick, LLC, The Law Offices of Jonathan S. Resnick, PLLC and The Law Offices of Perry A. Resnick, LLC on behalf of specialty funder KrunchCash, LLC. - March 11, 2020 - Kennedy Berg LLP
Spencer Savings Bank Announces Relocation of Financial Center in Union, N.J.
Spencer Savings Bank, a leading New Jersey-based community bank, is pleased to announce that it will be relocating its Union Financial Center at 1331 Magie Avenue to 1350 Galloping Hill Road (in the Galloping Hill Center). The new location, approximately one mile away from the current one, is a... - March 11, 2020 - Spencer Savings Bank
Best Financial Services Website to be Named by Web Marketing Association in 24th Annual WebAward Competition
Excellence deserves recognition and the Web Marketing Association is looking for the best Financial Services websites in the world as part of their 24th annual international WebAward Competition. The WebAwards is the standards-defining competition that sets benchmarks for 96 industries, including banking, credit union, insurance, investment, mutual funds and financial services websites. The deadline for Financial-related web sites to enter to be judged is May 29, 2020. - March 05, 2020 - Web Marketing Association
10 Best Debt Relief Companies for 2020 Revealed by TrustedCompanyReviews.com (Also See Biggest Misconceptions, Complaints & Downsides)
TrustedCompanyReviews.com (TCR) has released the Top 10 Debt Relief Companies For 2020. TCR is one of the oldest review companies in the world, reviewing all types of businesses. TCR also shares insight into the most common complaints against debt relief companies and provides clarification on the biggest misconceptions that consumers have about debt relief programs. - March 04, 2020 - Trusted Company Reviews
NexWest Capital Announces a New Way to Finance Equipment Purchases
NexWest Capital is an alternative lender that provides term loans, lines of credit and commercial real estate loans and has a loan specialist who works with you throughout the loan process. NexWest Capital can lend to all the major industries, and its qualifications aren't as stringent as some of the other lenders. NexWest Capital breaks its commercial loans down into term loans, revolving lines of credit, equipment financing and commercial real estate loans. - March 02, 2020 - NexWest, Inc.
NexWest Capital Announces Loans for Dentists with an Existing Practice
NexWest Capital is an alternative small business lender that provides term loans, lines of credit and commercial real estate loans and has a loan specialist who works with you throughout the loan process. NexWest Capital can lend to all the major industries, and its qualifications aren't as stringent as some of the other lenders. NexWest Capital breaks its commercial loans down into term loans, revolving lines of credit, equipment financing and commercial real estate loans. - March 02, 2020 - NexWest, Inc.
Spencer Savings Bank’s Carmen Rivera, Vice President and Market Manager, Honored by Groundwork Elizabeth with "Outstanding Conservation Partner" Award
Spencer Savings Bank, a leading New Jersey-based community bank, is excited to announce that Carmen Rivera, Vice President and Market Manager, was recently honored with the “Outstanding Conservation Partner Award” by Groundwork Elizabeth. The presentation took place on February 19 at... - February 28, 2020 - Spencer Savings Bank
KBZ Bank and London Business School Collaborate to Bring Real-Time, Real-Life Case Studies to MBA Students
In its quest to bring real life business problems into its curriculum, London Business School MBA Class of 2019 partnered with KBZ Bank in Myanmar to bring an exceptional financial inclusion product to the market with dramatic results. The results were used to shape KBZ Bank mobile payment app,... - February 26, 2020 - KBZ Bank
INKAS® Payments Corp. Announces Full Support of Smart POS Terminals for Businesses
Canadian Company Now Offers Businesses Easier Payment Processing with Full Support for Smart Point-of-Sale Terminals - February 24, 2020 - INKAS® Payments
BEQUANT Prime Brokerage Launch Continues at Cryptocompare’s Digital Asset Summit
BEQUANT co-hosting institutional finance leadership at Cryptocompare's Digital Asset Summit March 10,2020. - February 22, 2020 - BEQUANT
Eltropy Exceeds Expectations for Cutting Loan Approval Times for Patelco Credit Union
Patelco - One of the largest Credit Unions in the US with $7B+ assets. - February 22, 2020 - Eltropy
Spencer Savings Bank Invites Public to Have "Coffee With A Cop"
Spencer Savings Bank, a leading New Jersey-based community bank, would like to invite local residents and businesses to join them for "Coffee With A Cop." The free event will take place from 10am – 1 pm on Monday, February 24 at the Spencer Financial Center in Garfield, located on... - February 22, 2020 - Spencer Savings Bank