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.
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
Cal Coast Credit Union Opens Newest Branch in University City
California Coast Credit Union has opened its 26th branch in San Diego's University City Neighborhood. A Grand Opening will be held Feb. 29 from 10am to 1:30pm with food, fun and prizes. - February 20, 2020 - California Coast Credit Union
RTBShopper.com Helping Americans with Bad Credit Nationwide Get Financing
RTBShopper.com, the speciality e-retailer, is shaking up the industry with their new instant approval financing plans for Americans with bad credit. The rapidly growing e-commerce store has helped hundreds of different Americans nationwide with their lease to own financing plans. In addition to their instant financing, RTBShopper.com also is offering same day in-store pick up. RTBShopper.com offers some of the most popular electronics like Apple MacBook and Samsung TVs on finance. - February 17, 2020 - RTBShopper.com
A-Team Group’s TradingTech Summit Back in London for 2020
In post-Brexit landscape, summit to bring trading technology community together to discuss the future of EU trading with senior industry experts, top-tier sponsors and over 200 registered delegates. - February 16, 2020 - A-Team Group
Spencer Savings Bank Welcomes Rich Vaill as Vice President and Business Development Officer Team Leader, Grows Retail Banking Business Team
Spencer Savings Bank, a leading New Jersey-based community bank, recently announced the expansion of its Retail Banking Business team with the addition of a new business development team leader. The bank recently hired Vice President Richard Vaill as Business Development Officer Team Leader. With... - February 15, 2020 - Spencer Savings Bank
Colorado Workforce Development Council Launches iGrad’s Enrich Financial Wellness Platform for Colorado Workers
The Colorado Workforce Development Council (CWDC) has launched a new online and mobile financial wellness resource in partnership with iGrad, which is free for incumbent retail, hospitality, and food and beverage workers as part of the state’s Lives Empowered initiative. - February 12, 2020 - iGrad
Tellerex Announces the Release of Its Latest Software Application, SPOTLight, a First-in-Development Asset Lifecycle-Management Client Portal
Tellerex is pleased to announce the release of its latest software application, SPOTLight, a first-in-development client portal that assists global banks and retailers with the lifecycle management of their ATM and kiosk assets. - February 11, 2020 - Tellerex Inc.
The College Investor Highlights Over 80 Ways to Get Student Loan Forgiveness
The College Investor has released their 2020 guide to student loan forgiveness programs - finding over 80 federal and state options for borrowers seeking relief for their student loan debt. - February 10, 2020 - The College Investor
London Based Openitio to Deliver Out-of-the-Box Compliance for PSD2 Fallback / MCI Readiness
London headquartered Open Banking specialist Openitio launches out-of-the-box technology that meets PSD2 MCI requirements, compliant with the Finance.UK specification, supporting installation and go-live in days. - February 06, 2020 - Openitio Limited
Mars Bank Celebrates Opening of Grove City Banking Center
Mars Bank board and management celebrated a ribbon cutting with the Grove City Area Chamber of Commerce and local dignitaries at the new Mars Bank Grove City Banking Center located at 109 South Broad Street in Grove City. The ribbon cutting culminated the redevelopment and build out of the new... - February 06, 2020 - Mars Bank
Meadows Bank Net Income Rises 16% in 2019
Meadows Bank, headquartered in Las Vegas, NV, announces its financials for calendar year 2019. - February 05, 2020 - Meadows Bank
BEQUANT Adds Cardano (ADA) Trading Pairs to Its Market Leading Exchange Platform
BEQUANT, a full service digital assets prime brokerage with a leading multi-exchange trading platform, has added Cardano (ADA) to its coin-pair offerings. The new pairs will provide professional traders with enhanced options to trade Cardano, a top 10 digital asset by market cap, in one unified... - February 05, 2020 - BEQUANT
Chris Topping Joins 504 Capital Corporation
Chris Topping has joined mission-based lender 504 Capital Corporation as a Business Development Officer to provide SBA 504 financing to small business owners in Virginia, North Carolina, Maryland, Washington, DC, West Virginia and parts of rural Pennsylvania. Prior to joining 504 Capital, Chris... - February 01, 2020 - 504 Capital Corporation
Novo Credit Union Goes Live with Eltropy’s World Class Text Messaging Solution
California-based CU Aims to Improve Member Communication. - February 01, 2020 - Eltropy
Witnessed or Been the Victim of a Crypto Scam? Report It to CryptoScamAlert.com
Report Crypto Scam on CryptoScamAlert.com. Regularly updated database of crypto frauds reported by real victims. Read, Report and Help make the Crypto World Healthier, Cleaner and Safe. - January 31, 2020 - CryptoAlert
Encore Real Estate Investment Services is Proud to Announce the Addition of Bradley J. Moncton | Director of Capital Markets
Bradley J. Moncton Joins Encore Real Estate Investment Services as Director of Capital Markets - January 31, 2020 - Encore Real Estate Investment Services
Spencer Savings Bank Announces the Re-Election of Two Board Members at Annual Meeting
Spencer Savings Bank, a leading New Jersey-based community bank, has announced the re-election of Nicholas Lorusso and Barry Minkin to the bank’s Board of Directors, for a term of three years. The election was announced at its Annual Meeting, held at the Royal Manor in Garfield, on January 23... - January 31, 2020 - Spencer Savings Bank
Encore Real Estate Investment Services Introduces Rare Miami Asset to Market
Encore Real Estate Investment Services is pleased to please to present Miami's Shoppes of Coral Way. - January 30, 2020 - Encore Real Estate Investment Services
Gary Williams of Williams Asset Management Named in Forbes’ Best-in-State Wealth Advisors List for 2020
President and Founder of Williams Asset Management, Gary Williams, has been named as one of Maryland's "Best-in-State" Wealth Advisors by Forbes’ for 2020. - January 26, 2020 - Williams Asset Management
Local Business Owner Talibah Bayles Named to NSBA Leadership Council
Talibah Bayles, Founder & CEO of TMB Tax & Financial Services, was recently named to the National Small Business Association (NSBA) Leadership Council. NSBA is the nation’s oldest small-business advocacy organization, and operates on a staunchly nonpartisan basis. Bayles, a... - January 23, 2020 - TMB Tax & Financial Services Benefit Corporation
NAFA Appoints 2020 Board of Directors
New Leadership Prepares to Extend Oversight into Advocacy, Education and Integration Initiatives - January 21, 2020 - NAFA, National Association for Fixed Annuities
Equity Consortium Agrees to Acquire Stakes in New York's Astoria Energy Facilities
A consortium of equity investors including APG, MEAG (Munich Re’s asset manager acting for investors from within Munich Re Group), and Clal Insurance Company, alongside other US institutional investors have agreed to acquire 100% of Astoria Energy I and a 55% interest in Astoria Energy II. - January 18, 2020 - APG Asset Management US Inc.
Introducing Prospect Financial Group Inc.'s Top Loan Officer for Quarter 4, 2019
Prospect Financial Group Inc., a leader in the mortgage refinance industry, is proud to introduce its top loan officer for Q4: Cameron Alley. This recognition is determined by the total amount of business / closed loans from a given loan officer, and Alley set a high bar last quarter. On his win,... - January 18, 2020 - Prospect Home Finance
Eltropy Closes 2019 as a Preferred Text Messaging Solution for Credit Unions – Affirms Commitment to the Credit Union Movement
Eltropy, a text messaging-based platform that enables credit unions to communicate with members via text, announced it experienced a 1,200% growth in credit union clientele in 2019. Contracts included credit unions spanning across a variety sizes: $1B+ AUM Credit Unions = 30% $100M – $1B... - January 15, 2020 - Eltropy
Industry Gathers to Discuss Scaling-Up Financial Inclusion
The Greater Sub-Mekong Region is in the midst of a coordinated push towards financial inclusion. In Myanmar, adults with access to at least one formal financial product increased from 30% in 2014 to 48% in 2018, surpassing the initial 2020 targets of 40%. Current figures on formal financial... - January 15, 2020 - Magenta Global Pte Ltd
FTMarkets Trading Platform Has Officially Launched in Vietnam
Now Vietnamese people can use FTMarkets to download applications and conduct foreign exchange transactions. - January 10, 2020 - FTMarkets
BitRoyal Starts New Year 2020 with More Exciting User Experience
Continuing its commitment to improve customer experience, BitRoyal is focusing on making changes to their platform and went live with its first set of changes. BitRoyal is perhaps the only platform still allowing buy/sell crypto with zero commission. - January 09, 2020 - BitRoyal Ltd.
Gaylan Hendricks and Dan Hendricks, Senior Security Benefits, Inc. – Resolution of Litigation
Gaylan Hendricks, the founder and CEO of Senior Security Benefits, Inc. (“SSBI”), along with her husband and President of SSBI, Dan Hendricks, are pleased to announce the conclusion of what has turned out to be a rather lengthy “business divorce” with the late Don Corley, Jr. - January 08, 2020 - Senior Security Benefits, Inc.
The College Investor Highlights the Best Free Tax Software of 2020
While most tax software companies advertise free tax software, the reality is that most people don’t qualify for the free tier. However, the annoying part is most consumers don’t discover they don’t qualify until they’ve spent 30-45 minutes entering their information, only to be told that “this scenario requires an upgrade to Deluxe or Premier” versions - for a fee. The College Investor analyzes all the major tax software programs to find which ones offer the most robust free file options. - January 06, 2020 - The College Investor
The College Investor Ranks the Best Tax Software of 2020
The College Investor, one of the most read personal finance websites, reaching over 3 million people per month, has come out with their 2020 comprehensive guide to The Best Tax Software for consumers. This year includes best free file, best software for investors, and more. - January 02, 2020 - The College Investor
The Palm Beach Hedge Fund Association Announces a Partnership with the Palm Beach Symphony
The Palm Beach Hedge Fund Association (PBHFA.org) and the Palm Beach Symphony have announced a partnership, creating opportunities for members to experience one of South Florida’s major cultural institutions during this landmark season that has seen record-breaking ticket sales and unprecedented donor enthusiasm and support. - December 29, 2019 - Palm Beach Hedge Fund Association
American First National Bank Opens Henderson, Nevada Office
Well known community bank American First National Bank expands its operations to include Henderson, NV. This will allow the Asian-American bank to expand the banking and lending services offered to the communities of Henderson and Boulder City. Branch Management looks forward to volunteering in the community, working closely with the Henderson Chamber of Commerce, and developing and expanding business and consumer relationships. - December 27, 2019 - American First National Bank
1 Year After Historic Shutdown, Balanced Bridge Continues to Offer Government Contract Advances
In light of the 1-year anniversary of the 2018 federal government shutdown, Balanced Bridge Funding wants to remind companies and independent contractors with federal government contracts that they offer financing on their pending payments. - December 22, 2019 - Balanced Bridge Funding
Shackelford Law Firm Hires Three Attorneys for Affordable Housing Team
Dallas-based law firm Shackelford, Bowen, McKinley & Norton, LLP, has added three attorneys to its affordable housing team. Donald Cunningham, Jr. will head up their new Baton Rouge, Louisiana office. Kara Hargrove and Esther Lee will work in Dallas. Mr. Cunningham has vast legal expertise in... - December 19, 2019 - Shackelford, Bowen, McKinley & Norton, LLP
Melissa Levin Insurance Reveals What Medicare-for-All Won't Cover
Medicare for All has become a huge talking point for the 2020 presidential candidates. But don't let the name fool you; not everything is covered. Long Term Care is a type of insurance that is essential given the rise in healthcare costs. Set up a free consultation with Melissa to discover your options regarding long term care. - December 19, 2019 - Melissa Levin Insurance
Eltropy Takes Florida Credit Union Live to Enhance Communication During the Mortgage Origination Process
FCU - One of the Largest Credit Unions in Florida with $1B+ Assets - December 15, 2019 - Eltropy
SolarCraft Completes Solar Power System at Petaluma Public Storage - North Bay Storage Facility Goes Solar and Saves on Energy Bills
Novato and Sonoma based SolarCraft, a leading North Bay solar installer for over 35 years, recently completed the installation of an 85 kW DC solar system at Petaluma Public Storage in Petaluma, CA. This new photovoltaic solar system will save them over $25,500 annually on utility bills, powering their facility with clean, renewable solar electricity for decades to come. - December 13, 2019 - SolarCraft
TAG Bill Pay Named Finalist for PAM Awards 2020
Recognizing top service providers in the private asset management space - December 13, 2019 - TAG
Miami/Memphis Advisory Groups Announce Merger
MAS Advisors, LLC, a Miami investment advisory firm, has announced the completion of the merger of the business and operations of Memphis-based Wealth Strategies Group, Inc. (WSG), which will operate as a Division of MAS Advisors. WSG will be led by Charles Auerbach, who has deep experience in the... - December 13, 2019 - MAS Advisors, LLC
Lamine Zarrad of Joust Accepted Into Forbes Finance Council
Forbes Finance Council is an Invitation-Only Community for Executives in Accounting, Financial Planning, Wealth and Asset Management, and Investment Firms. - December 12, 2019 - Joust
Ahorros Latinos Expands Palm Beach Team
Ahorros Latinos, www.ahorroslatinos.com, the Latin America Financial Division of California Pacific Bank, today announced that Karen Chamorro has joined the firm's Palm Beach office as a senior vice president and relationship manager. - December 11, 2019 - Ahorros Latinos
TAG Bill Pay Shortlisted for the 2020 Family Wealth Report Awards
Awards showcase the best in the industry with categories focused on experts, products and services for wealth managers, high-net-worth clients and financial institutions. - December 08, 2019 - TAG
Eltropy Chosen to Improve Collection Response Rates for UNIFY Financial Credit Union
UNIFY Financial Credit Union - One of the Largest Credit Unions in the US with $3B+ - December 07, 2019 - Eltropy
Facing AML & Human Trafficking at the Source: Announcing a Partnership Between NominoData and the Newly Formed Anti-Human Trafficking Intelligence Initiative
Financial institutions can play a leadership role at the local and national level in assisting law enforcement to track money laundering and potential human trafficking hot spots. By tracking deposit and account data transactions, FIs can pinpoint suspicious activity within networks and potential human trafficking as relates to the banking industry and law enforcement industries. - December 06, 2019 - NominoData LLC
A-Team Group Names Winners of 2019 Data Management Insight Awards
A-Team Group announced the winners of its 2019 Data Management Insight Awards at a well-attended ceremony at Merchant Taylors’ Hall today. - December 06, 2019 - A-Team Group
New i4cp Study Shows High-Performance Organizations Are 11x More Likely to Focus on Cultural Synergies During Acquisitions
Culture is always blamed when an acquisition fails. So why don't companies pay more attention to it upfront? - December 04, 2019 - Institute for Corporate Productivity (i4cp)
Prospect Financial Group, Inc. Visits United Wholesale Mortgage
Prospect Financial Group, Inc., a leader in the mortgage refinance industry, is excited to announce its loan officers’ recent visit to United Wholesale Mortgage headquarters for continuing education. As part of their loan officer training, Prospect Financial has begun sending new officers to... - December 04, 2019 - Prospect Home Finance