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.
S-PRO is Recognized as a Top Fintech Software Development Company by Clutch
S-PRO has been named a Top Financial Services Custom Software Development Company by Clutch and appeared on the list of the financial industry leaders. - December 03, 2019 - S-PRO
TRU//ST Payments / acquiring.com Announce Plans for SiGMA Gaming Conference
acquiring.com to exhibit at the SiGMA Gaming Conference in Malta from the 27 to 29 of November and host networking drinks on November 28 at Tiffany’s bar at marina in Portomaso. - November 28, 2019 - TRU//ST Payments
BitRoyal Announces Massive Offers to Make Crypto Trading Attractive for All
Ahead of Thanksgiving, BitRoyal is all geared up to ensure its users make full use of its trading platform. Besides providing globally accessible crypto-currency exchange, a best-in-class platform for its growing community of partners and budding traders to enable the trading of digital assets, the exchange is now focusing to improve operational efficiency. - November 21, 2019 - BitRoyal Ltd.
Eltropy Improves Loan Process Times & Security for SELCO, Third-Largest Oregon Credit Union, with $1.6B in Assets
Eltropy, a text messaging-based platform that enables credit unions to communicate with members via text, announces that Oregon-based SELCO Community Credit Union is adopting its leading solution. SELCO is using Eltropy to send and receive encrypted documents, confirm scheduled meetings, remind... - November 21, 2019 - Eltropy
A-Team RegTech Summit Emphasises Urgency of Efficient, Enterprise-Wide Compliance
Speakers underline the need for collaboration to ensure RegTech growth and innovation. A-Team Group’s RegTech Summit returned to New York on November 14, 2019 with an excellent turnout of over 230 practitioners, regulators, start-ups and solution providers all keen to explore how the... - November 17, 2019 - A-Team Group
Bay Equity Finds New Kentucky Home with Century Mortgage
Bay Equity Home Loans is expanding into the Mid-South Region, with nine branches and 55 loan originators in Kentucky, Tennessee and Indiana. - November 15, 2019 - Bay Equity Home Loans
iGrad and Wellable 2020 Employee Financial Wellness Report Reveals Older Workers and Millennials Struggling Most
The financial wellness of U.S. employees is precarious, especially among millennials and those nearing retirement age, according to the new 2020 Employee Financial Wellness Report by iGrad and Wellable. - November 13, 2019 - iGrad
Eltropy Delivers Quick, Impactful Results for ICCU - One of the Largest Credit Unions in the US with $4B+ Assets
Eltropy, a text messaging-based platform that enables credit unions to communicate with members via text, announces that Idaho Central Credit Union (ICCU) is adopting its leading solution. ICCU is using Eltropy to facilitate texting with members, verify member identity over text, promote engagement... - November 13, 2019 - Eltropy
Meadows Bank Net Income Up 21%
Meadows Bank, headquartered in Las Vegas, NV, announced today that it posted Net Income After Tax of $13,739,900 in the first nine months of 2019 which was 21% higher than the $11,368,000 it earned during the same period in 2018. At September 30, 2019, the bank had Total Loans of $817.8 million... - November 07, 2019 - Meadows Bank
Verve Global Card Launches 1st International Transaction in New York, USA
Verve in partnership with Discover Global Network, launched the Verve Global card with its first transaction in New York, USA. This will be the first payment card of African origin to be accepted internationally. Verve Global card is now accepted in over 190 countries wherever the Discover, Diners Club International, Pulse and Verve logos are displayed. - November 06, 2019 - Verve
Bank of Clovis Partners with iGrad for Financial Wellness Education
Bank of Clovis, a state-chartered bank in Clovis, N.M., recently partnered with the San Diego-based company iGrad to offer its members financial wellness education. - November 05, 2019 - iGrad
Best Online Newsletters to be Named by Web Marketing Association
The Best Online Newsletters in 86 industries will be recognized as part of the 18th annual Internet Advertising Competition (IAC) Awards. Companies or agencies wishing to nominate their email newsletters for consideration may do so at www.IACAward.org before the deadline of January 31, 2020. - November 05, 2019 - Web Marketing Association
American Business Brokers Named to MWCN Utah 100
American Business Brokers Named to MountainWest Capital Network’s Annual Utah 100 List of State’s Fastest-Growing Companies. - October 31, 2019 - American Business Brokers
Sound Payments Expands Solutions to Support Branch Automation
Branch Automation and Online and Mobile Banking Solutions Allow for Easy Integration - October 30, 2019 - Sound Payments
The Quantum Resistant Ledger (QRL) Foundation Announces a Research Arm to Continue Its Advancement of Post-Quantum Cryptographic Standards
The Quantum Resistant Ledger (QRL) Foundation, creator of the world’s leading quantum-secure blockchain network and digital asset platform, is continuing to pioneer in the field by seeking up to 4 post-quantum cryptographers for research grants as part of its newly formed research initiative. This announcement comes on the tail of Google’s quantum supremacy achievement, which further confirms the need for a transition towards quantum-secure cryptography in many technological domains. - October 25, 2019 - The QRL Foundation
KaZee Turns to Small Tennessee Bank for Cash Infusion to Fuel Rapid Growth
In just two weeks, Memphis-based Paragon approved a million-dollar line of credit. - October 24, 2019 - KaZee Inc.
Hedge Fund Lab Launches Its Startup Fund Accelerator
A dedicated accelerator program to support early-stage portfolio managers. - October 23, 2019 - Hedge Fund Lab
iGrad Partners with Dot Foods to Provide Financial Wellness Education to 2,500 Employees
Dot Foods rolled out Enrich's white label financial wellness platform in June, calling it “Money Matters” and promoting it to 2,500 headquarter employees via social media, company intranet, emails, direct mail and more. More than 300 employees have already started participating. - October 22, 2019 - iGrad
Crowdz and SnapCheck Team Up to Rethink Invoices and Disrupt Business Payments
Crowdz is speeding up cashflow with an automated solution that helps businesses thrive. Invoices are at the heart of everything small and mid-sized enterprises do. They impact hiring, buying products and growth. Every day spent waiting to receive a receivable is a missed opportunity. Crowdz's goal... - October 21, 2019 - SnapCheck
Nectar Personal Loans a Viable Alternative to Expensive Credit Card Debt, Company Says
The steep interest rates on credit cards can undermine their convenience, and personal loans with lower rates should be considered an attractive option to consolidate credit card debt, according to Nectar. One of New Zealand’s leading online loan companies, Nectar believes that using a... - October 17, 2019 - Nectar Finance
Spencer Savings Bank Partners with Habitat for Humanity to Provide “Hand Up” to Community Members Looking to Achieve Home Ownership Dreams, Donates $6,500
Spencer Savings Bank recently partnered with Habitat for Humanity to help provide a “Hand Up” to community members looking to achieve their home ownership dreams. The organization is dedicated to improving the lives and communities by providing decent and affordable homes for... - October 17, 2019 - Spencer Savings Bank
Santa Clara University Announces Partnership and Relationship Center Opening with University Credit Union
University Credit Union partners with Santa Clara University. - October 15, 2019 - University Credit Union
Florida Association of ACOs Announces Strategic Partnership with Best Card
FLAACOs continues to lead a healthcare revolution through Best Card’s payment tools. - October 15, 2019 - Florida Association of ACOs
Spencer Savings Bank Welcomes New Business Development Officers, Grows Retail Business Development Team
Spencer Savings Bank, a community bank headquartered in northern N.J., recently announced the expansion of its Retail Bank’s Business Development group. The bank recently hired two new business development officers, Daniel Murphy and Anthony Axtmann, to meet the growing demands of the... - October 15, 2019 - Spencer Savings Bank
Anthony Montesano to Speak at Future of Financial Services Panel
Cboe VP of Market Structure to join other industry leaders at Inspirant Group Insights L!ve event. - October 12, 2019 - Inspirant Group, Inc.
Gregg Pierce, Managing Director of GCP Fund, Shares His Views on Recent Spike in Commercial Hard Money Lending
At a recent event, Gregg Pierce, Managing Director of GCP Fund, commented on recent developments in the hard money loans market. - October 11, 2019 - Global Capital Partners Fund LLC
Blanco Minerals Announce Sale of Pre-IPO Shares to Commence
Blanco Minerals Inc. has announced today that they will allow their institutional investors and private equity partners to begin offering pre-IPO shares in Blanco Minerals Inc. to their own private and corporate clients. The pre-IPO shares are authorized to be sold at their current audited value of... - October 10, 2019 - Blanco Minerals Inc.
Paul Edward Clay Joins Copper Canyon LLC Registered Investment Advisor
Copper Canyon LLC Registered Investment Advisor welcomes Paul Clay as the firm’s newest Investment Advisor. Mr. Clay specializes in alternative investments and has expert level knowledge in negotiations and sales. Mr. Clay will direct Copper Canyon’s client relations to ensure the firms... - October 08, 2019 - Copper Canyon LLC
Silvergate Names Antonio Martino Chief Financial Officer and Michael Lempres Director
Silvergate Bank is a San Diego-based bank that opened in 1988 and is a subsidiary of Silvergate Capital Corporation. Silvergate’s headquarters office is located at 4250 Executive Square, La Jolla, CA 92037. - October 07, 2019 - Silvergate Bank
Secure Investors Group, Inc. to Acquire Murray, Tymkew and Associates and Springport Insurance Agency
Mike Tymkew welcomes the partnership with Secure Investors Group and will be working closely with the Co-Founder, Bryan E. Spencer, to ensure the transition is seamless for clients. It was clear to Mike that Secure Investors Group is a great fit for existing clients, providing more carriers, competitive pricing, and personalized service. - October 07, 2019 - Secure Investors Group
Manoj Balwani Joins BDA as Director & Head of Technology, India
Manoj Balwani joins BDA Partners as Director & Head of Technology, India. He will help strengthen BDA’s expertise in Technology sector M&A in India, across Asia, and in conjunction with BDA’s strategic partner William Blair. Manoj Balwani has 11 years of investment banking... - October 07, 2019 - BDA Partners Ltd
Pendo Systems Announce a New Strategic Partnership with Market Alpha Advisors During Sibos London
The two companies will be focused on helping their customers navigate the LIBOR transition process. - October 03, 2019 - Pendo Systems
BitRoyal Exchange Ltd. is Globally Launching a New Crypto Trading Platform
BitRoyal today announced the launch of its globally accessible crypto-currency exchange, a best-in-class platform for its growing community of partners and budding traders to enable the trading of digital assets. The exchange will also drive continued momentum for one of the economy’s fastest growing financial product. - October 01, 2019 - BitRoyal Ltd.
Advantage One Credit Union Hires Charlie Nusser to Spearhead In-House Mortgage Team
Advantage One Credit Union has hired local mortgage expert Charlie Nusser to head their in-house mortgage lending team. - September 30, 2019 - Advantage One Federal Credit Union
The Credit Docs Aim to Bring Positive Changes to Credit Reports Within 15–20 Days
The credit repair company has proven credit repair strategies that help restore credit reports and improve credit/FICO scores significantly. - September 27, 2019 - The Credit Docs
Knowing the Value of Your Business by Michael Arnheiter at Baystate Financial
There’s one question many business owners ask themselves often: “What is the true value of my business?” - September 26, 2019 - Baystate Financial
Spencer Savings Bank Helps Bring Hope to Veterans - Donates $10,000 to Community Hope
Strong communities are built upon strong foundations. To build those strong foundations, Spencer Savings Bank continues to help bring hope to veterans with a recent $10,000 donation to Community Hope, the leading non-profit in New Jersey serving veterans and at-risk veteran families. - September 19, 2019 - Spencer Savings Bank
"What Key Estate Planning Tools Should I Know About?" by Michael Arnheiter at Baystate Financial in Boston, MA
By taking steps in advance, you have a greater say in how these questions are answered. And isn’t that how it should be? "Wills and trusts are two of the most popular estate planning tools. Both allow you to spell out how you would like your property to be distributed, but they also go far beyond that," says Michael Arnheiter of Baystate Financial in Boston, MA. - September 17, 2019 - Baystate Financial
Bay Equity Home Loans Announces Northeast Expansion
Bay Equity Home Loans announces its expansion into the Northeast market with the acquisition of assets of Village Mortgage in Connecticut and Massachusetts. “We are pleased the people of Village Mortgage have chosen to join Bay Equity,” said Bay Equity Chief Executive Officer Brett... - September 17, 2019 - Bay Equity Home Loans
iGrad Annual Student Loan Counseling Included in Department of Education Initiative
iGrad’s video-based annual student loan counseling courses are being used at three universities that are part of the U.S. Department of Education Experimental Sites Initiative (ESI). The purpose of this initiative is to study more effective ways to counsel students about their student loans. - September 16, 2019 - iGrad
Michael Arnheiter of Baystate Financial Posts a New Video Entitled: "Protecting Your Dependents with Life Insurance" on His Website
Term or whole life? Just be sure you have adequate coverage. One survey found that 48% of current retirees had to retire earlier than they expected. - September 14, 2019 - Baystate Financial
Advisors Capital Management Welcomes Kevin E. Strauss as Managing Director and Portfolio Manager
Former Abner Herrman & Brock Asset Management Vice Chairman Kevin E. Strauss joins Advisors Capital Management bringing municipal bond expertise. - September 13, 2019 - Advisors Capital Management
iGrad and APTA Recognized with Power of A Gold Award for Financial Solutions Center
iGrad and the American Physical Therapy Association were recognized with the Power of A Gold Award - the association industry's highest honor - for their financial wellness partnership. - September 11, 2019 - iGrad
SkySparc Expands with Murex Front-Office and Risk Expertise
SkySparc, an independent solutions provider, has recruited Emmanuel Dufrene, a highly experienced Murex consultant to join the fast-expanding Murex practice. - September 11, 2019 - SkySparc
Inspirant Group to Host Panel on Future of Financial Services
Inspirant Insights L!ve on October 17 2019 to feature financial services innovators. - September 11, 2019 - Inspirant Group, Inc.
GBS Selects Larry Gibson as New Regional Marketing Director
In order to better serve an increasing client base in northern Missouri and eastern Kansas, Group Benefit Services (GBS) has selected Larry Gibson as Regional Marketing Director (RMD) for these regions. “We’re thrilled at the opportunity to add Mr. Gibson to our expanding team,”... - September 10, 2019 - Group Benefit Services, Inc.
The College Investor Named Best Student Loan Debt Blog of 2019
The College Investor was named the Best Student Loan Debt Blog of 2019 at the Tenth Annual Plutus Awards for their outstanding work helping individuals navigate the complex world of student loan debt. This is the eighth year The College Investor has been nominated for a Plutus Award and their... - September 09, 2019 - The College Investor
Life.io Focuses on Scaling New Platform with Strategic Hires
Life.io announces strategic hires to Growth and Design teams as they launch the newest version of their leading customer engagement platform Life.ioEngage(TM). - September 09, 2019 - Life.io
Brent Buckley Honored by Cleveland-Marshall College of Law as Distinguished Alumni
C|M|Law honors Brent M. Buckley ('82) with Distinguished Alumni Award. - September 08, 2019 - Buckley King
SkySparc Named Technology Consultant of the Year in Central Banking’s FinTech Awards 2019
SkySparc, an independent solutions provider, has been named Technology Consultant of the Year in Central Banking’s second annual FinTech & RegTech Global Awards, which recognize innovation in the central banking community. - September 05, 2019 - SkySparc