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.
Mind Over Matter: Emotions vs. Logic in Finances by Rice Financial Group
With the end of summer, investors are faced with trade wars, inverted yield curves, increased market volatility, and talk of recessions and even depressions. While a clients' first response might be to bury their heads in the sand, it’s actually a good time to reassess how to make financial decisions. - September 04, 2019 - Rice Financial Group
Revolutionizing the Insurance Industry with Technology - LegacyArmour and Levinson & Associates Form Alliance
LegacyArmour – an InsurTech/FinTech disrupter, and Levinson & Associates – A National Insurance Marketing Company -- are proud to announce an alliance that will put cutting-edge, revolutionary technology to work for all of its agents and clients. "Levinson and... - September 04, 2019 - LegacyArmour
PaymentWorld Partners with Xcaliber Solutions for a Robust Fraud and Chargeback Management Platform
PaymentWorld, a payments technology company, announces today a partnership with Xcaliber Solutions Inc. that will bring together a robust fraud and chargeback software platform. With this addition, PaymentWorld encompasses a tool that comes with a full fraud platform built-in from Xcaliber... - September 03, 2019 - PaymentWorld
EZswap.net Offers Cryptocurrency Traders What Other Platforms Have Denied Them - Anonymity
Developed by Innovative Solutions, the creators of successful mining application BetterHash, EZSwap.net was conceived to address critical complaints cryptocurrency investors voiced about the existing cryptocurrency exchange platforms. The resulting platform executes crypto exchanges that are anonymous, fast and inexpensive. - September 01, 2019 - Innovative Solutions
National Benefit Programs is Celebrating 10 Years in Business
Since 2009, National Benefit Programs (NBP) has been assisting ISOs, Acquirers and Payment Processors to increase their Value Beyond Processing™ by using the NBP Program. Today, NBP supports 200,000+ SMB’s in the U.S. by offering one of the most robust savings programs available in the... - August 29, 2019 - National Benefit Programs
ABA Publishing Releases New Book, "The Law of Artificial Intelligence and Smart Machines," Co-Authored by Attorney and Industry Expert, Eric Boughman from ForsterBoughman
ABA Publishing has released a new book, "The Law of Artificial Intelligence and Smart Machines: Understanding AI and the Legal Impact," co-authored by attorney and industry expert, Eric Boughman from the law firm of ForsterBoughman. It examines the legal implications of artificial intelligence and discusses a wide-range of topics including healthcare regulation, data and privacy concerns, cybernetics and bio-robotics, copyright law, cybersecurity issues, and the practice of transactional law. - August 22, 2019 - Forster Boughman Lefkowitz & Lowe
DataPoints & AFCPE® Form Partnership to Blend Financial Psychology Technology with the Leader in Financial Counseling, Coaching, & Education
The partnership will benefit AFCPE® members and DataPoints clients, with the ultimate goal of helping improve the financial lives of individuals. - August 22, 2019 - DataPoints
Texas Trust Credit Union Game-a-thon Raises $2,755 for Children’s Miracle Network
A team of 20 employees from Texas Trust Credit Union raised $2,755 for charity during a 24-hour game-a-thon held at the credit union headquarter campus. The Extra Life game-a-thon, which benefits the Children’s Miracle Network (CMN), included employees of the credit union and family members. - August 22, 2019 - Texas Trust Credit Union
GBS Selects Galen Floyd as New Regional Marketing Director
In order to meet the growing demands for Group Benefit Services (GBS) programs, GBS has selected Galen Floyd as Regional Marketing Director (RMD) for the southwest Missouri region. - August 21, 2019 - Group Benefit Services, Inc.
The Resource Center Celebrates Its 15th Year with Partner Safeco Insurance®
Company President Bruce Porter said, “The Resource Center, has represented Safeco Insurance since 2004. Since then we have helped thousands of people in the Springfield, Missouri area with their insurance. We take pride in our strong working relationship and our shared commitment to helping our customers protect what matters most to them." - August 18, 2019 - The Resource Center, Inc.
Progress Capital Secures $16 Million for Lehigh Student Housing Portfolio
Brad Domenico arranged $16,000,000 in financing for a valued client to acquire a 44 unit, 219 bed, multi-site Student Housing Portfolio adjacent to Lehigh University in Bethlehem, PA. Student Housing is known to be recession resilient and offers a degree of stability that is seldom present in... - August 17, 2019 - Progress Capital
Tellerex Named to Inc. 5000's 2019 Fastest-Growing Private Companies
Inc. magazine today revealed that Tellerex Inc. is No. 3,553 on its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. Tellerex Inc. Ranks No. 3,553 on the 2019 Inc. 5000 with three-year revenue growth of 98%. - August 15, 2019 - Tellerex Inc.
Spencer Savings Bank Helps Needy Children Get School Supplies – Donates to Center For Food Action in Saddle Brook
Spencer Savings Bank recently hosted a school supply drive to support the Center For Food Action in Saddle Brook. For almost a month, the bank collected school supplies for local children, including binders, pencils, notebooks, backpacks and more. Spencer employees recently visited the center to... - August 14, 2019 - Spencer Savings Bank
Helping the Underbanked: Global Payment Processor, SolidTrust Pay, Introduces New eWallet Deposit Options
SolidTrust Pay, a global e-commerce payment processor based in Canada, has partnered with SafetyPay to provide members with two new e-wallet deposit options: SafetyPay Cash Deposit and SafetyPay Instant Bank Transfer. SafetyPay Cash Deposit is an easy and safe deposit method that allows users in... - August 11, 2019 - SolidTrust Pay
Innovation Guided by the Importance of Family: Global Payment Processor, SolidTrust Pay, Introduces New, Low-Cost International Bill Payment Service
SolidTrust Pay, a global e-commerce payment processor based in Canada, is offering an alternative to PayPal Xoom’s cross-border bill payment service. Bill Pay, Your Way, was launched in 2018 and boasts an impressive network of more than 600 billing partners in 18 countries. The service was... - August 11, 2019 - SolidTrust Pay
Rice Financial Group Offers Advice on Managing Debt
How to manage your debt wisely, How do we do this? Or know what debt is good, and what debt is bad? - August 10, 2019 - Rice Financial Group
New Hire Adds Murex Functional Expertise at SkySparc
SkySparc, an independent solutions provider, has further expanded the functional expertise of its Murex practice with the recruitment of Damien Chambrier as senior consultant. - August 09, 2019 - SkySparc
PBHFA.org Announces a Strategic Partnership with Great Gulf / La Clara
PBHFA.org announces a strategic partnership with Great Gulf / La Clara. Located on the iconic South Flagler drive in West Palm Beach, La Clara is a luxury 25 story, waterfront tower consisting of only 83 residences. - August 08, 2019 - Palm Beach Hedge Fund Association
Meadows Bank Sees 20% Deposit Growth
Meadows Bank, headquartered in Las Vegas, NV, announced today that it posted Net Income After Tax of $8,730,000 in the first half of 2019 which was 14% higher than the $7,629,000 it earned during the same period in 2018. At June 30, 2019 the bank had Total Loans of $806.8 million which represented... - August 06, 2019 - Meadows Bank
Hackard Law Produces Milestone 500th Video
Hackard Law’s video library is a resource for everyone who wants to learn more about estate and trust matters not often explored by the media. - August 01, 2019 - Hackard Law
T-REX Shortlisted for 2019 SaaS Awards
T-REX Recognized as Innovative Solutions Provider by International Software Awards Program. - August 01, 2019 - T-REX
Zero Compromises: a New Era of Mobile Banking That Combines a Premium Debit-Style Experience with Credit Card Rewards
Zerocard offers up to 3.0% cash back on all qualified purchases; enables users to track spending, make payments and more through one seamless app. - July 30, 2019 - Zero Financial
Personal Bill Pay Experts Launch Website to Highlight Services
TAG Bill Pay offers an outsourced solution to manage household expenses for family offices and individuals with a complex financial life. - July 27, 2019 - TAG
The Next Millionaire Next Door, the Follow-Up to Its Best-Selling Predecessor, Now Available in Audio
Four Decades of Research Reveals What It Takes to Become Wealthy Today - July 25, 2019 - DataPoints
Save to Win Prize-Linked Savings Program Celebrates 10 Years, $50 Million Saved in First Half of 2019
Save to Win, a national prize-linked savings program managed by CU Solutions Group, is celebrating its 10th anniversary and three million dollars in prizes awarded to members since 2009. The program counts nearly $200 million in savings for credit union members to date, as well as $50 million in... - July 25, 2019 - CU Solutions Group
ESOP Governance Discussion
ESOP Association Meeting to feature Schatz, Kaplan. - July 24, 2019 - ESOP Plus: Schatz Brown Glassman LLP
Sundie Seefried Appointed by Governor Polis to Serve on Colorado’s Financial Services Board
Sundie Seefried, CEO of Partner Colorado Credit Union, has been named a Board of Director of the Colorado Division of Financial Services by Colorado Governor Jared Polis. The five-member Board is the policy and rulemaking authority for financial services in Colorado. As a Division of Financial... - July 23, 2019 - Partner Colorado Credit Union
T-REX Trend Report: Fintech’s Ripple Effect on the Renewable Energy Market - Access a Complimentary Copy of the Full Report
Written for members of the investment community focused on energy efficient asset classes, this issue of the T-REX Trend Report uses Connecticut Green Bank’s landmark SHREC ABS deal to showcase how smart technology drives market transformation. - July 16, 2019 - T-REX
preCharge, Inc. and Kaneh LLC Enter Into Partnership Agreement
Digital Currency meets Hempseed Oil, two industry pioneers have joined forces to bring together two emerging industries on the cutting edge of technology and commerce. - July 15, 2019 - preCharge Inc.
Benidict Hoffman: China’s Economy Could Benefit from Rate Cut
Benidict Hoffman analysts say rate cut may prompt Chinese consumers to spend more of their substantial savings. - July 15, 2019 - Benidict Hoffman
Spencer Savings Bank Welcomes New Senior Vice President and Director of Commercial and Industrial Lending
Spencer Savings Bank is pleased to welcome its newest member to the leadership team, Juan H. Oelofse, as Senior Vice President and Director of Commercial and Industrial Lending. Oelofse will be responsible for managing and directing the activities of the bank’s Commercial & Industrial... - July 15, 2019 - Spencer Savings Bank
San Francisco Startup SMBX Launches This Summer with a New Way for Small Businesses to Raise Capital
In late July 2019, local profitable businesses can issue bonds on a new platform, the SMBX (www.thesmbx.com), to raise money. People can buy these businesses’ bonds, support the businesses they love, and earn principal plus interest monthly. Businesses get the capital they need to grow; people earn the profits from financing charges that would ordinarily go to the bank - a true wealth of the commons. - July 11, 2019 - SMBX, Inc.
Equiant Relocates to Chandler, Arizona
Larger Footprint Accommodates Fast Growing Staff and Services - July 09, 2019 - Equiant
Spencer Savings Bank Awards $25,000 in Scholarships to Local Students
An advocate for education, Spencer Savings Bank takes their work beyond financial services and invests in students who wish to further their education. They recently awarded $25,000 in scholarships to high school and middle school students from 33 local schools in Bergen, Passaic, Union, Mercer, Morris and Essex counties. The awards were distributed at the bank’s annual scholarship ceremony on June 26, 2019. To date over $400,000 has been awarded, since the program first started in 2002. - July 05, 2019 - Spencer Savings Bank
Abe Mann of Progress Capital Secures $22.3 Million to Refinance Retail Shopping Center in Sicklerville, NJ
Progress Capital, a commercial mortgage advisory firm, closed a $22,300,000 loan from Valley National Bank to refinance The Shoppes at Cross Keys, a 176,000 square foot retail shopping center located in Sicklerville, NJ. Abe Mann of Progress Capital secured financing options that were tailored to... - June 30, 2019 - Progress Capital
Benidict Hoffman Warns Downside Risks Threaten Global Economy
Benidict Hoffman economists warn that ongoing trade war could reduce global GDP in 2020. - June 26, 2019 - Benidict Hoffman
Credit Benchmark Launches Credit Consensus Indicator – New Monthly Measure of Credit Risk for US, UK and EU Industrials
June CCI Shows "Cracks in Foundation" for US and European Industrial Corporate Credit Quality. Credit Benchmark, the leader in consensus based credit analytics, today announced the launch of a new monthly measure of credit risk for US and European corporates in the industrials sector. - June 24, 2019 - Credit Benchmark
Activemarket.io, a Member of Active Trading Group, is Announcing the Launch of a Fiat-to-Crypto Exchange for the Scandinavian Market
The exchange will offer trading between Norwegian Krone (NOK), Swedish Krona (SEK), Danish Krone (DKK), United States Dollar (USD) and Euros (EUR) against major cryptocurrencies pairs. - June 24, 2019 - Activemarket.io
myLifeSite Launches Web-based Financial Tool for Life Plan Communities
myLifeSite, a Raleigh, North Carolina-based company that develops online planning tools and resources to help seniors make informed choices about retirement living, has unveiled a new resource that will make it easier for life plan community prospects to examine the affordability of a... - June 20, 2019 - My LifeSite
NAFA, the National Association for Fixed Annuities, Recognizes Legislators and Leaders for Commitment to Improving Retirement Landscape
In an effort to highlight the tremendous work being done to protect and promote fixed annuity products and advocate for the value of annuities as part of a comprehensive retirement plan, NAFA, the National Association for Fixed Annuities, presented awards of recognition to two legislators and a... - June 19, 2019 - NAFA, National Association for Fixed Annuities
$23 Million Secured for Refinance of "Hudson Heights" Multifamily Property in Union City
Brad Domenico, Partner at Progress Capital negotiated $23,353,000 for the refinance of a newly constructed high-rise apartment building located at 115-129 37th Street in Union City, NJ. The 10-story property, also known as “Hudson Heights,” is comprised of 96 high-end residential... - June 16, 2019 - Progress Capital
Wescom Financial Services and Simplicity Life Partner for Insurance Services
Strategic partnership between Wescom Financial Services and Simplicity Life formed to enhance insurance offering and increase sales opportunities. - June 15, 2019 - Simplicity Life
American Merchant Brokers Has Developed Credit Card Processing for CBD Oil/Hemp Industry Companies
Solutions to Your CBD Oil/Hemp Payment Processing Problems - June 12, 2019 - American Merchant Brokers
SkySparc Announces Partnership Agreement with Murex
SkySparc, an independent solutions provider, entered into a partnership in March with Murex, a global industry leader in trading, risk management and processing solutions for capital markets and treasury. - June 11, 2019 - SkySparc
Homeland Security Foundation of America (HSFA) to Host Financial Literacy Conference in Atlanta
Homeland Security Foundation of America (HSFA) announces it will host the 2nd Annual Financial Literacy and Small Business Awards Conference this month in Atlanta, Georgia. - June 11, 2019 - Homeland Security Foundation of America
Century Debt Solutions, Inc. Achieves the Consumer Services Award for the 4th Consecutive Year
Century Debt Solutions, Inc., a premier debt collection agency located in Woodland Hills, California was recognized for the 4th consecutive year for delivering outstanding customer service and its commitment to protecting creditor rights by taking a results-driven but ethical approach to debt... - June 10, 2019 - Century Debt Solutions Inc.
Jose B. Guerrero, Chairman, President and CEO of Spencer Savings Bank, Honored as Grand Marshal of the 2019 Garfield Memorial Day Parade
Memorial Day is a time to reflect and remember those who died while serving in the American armed forces. Jose B. Guerrero, Chairman, President and CEO of Spencer Savings Bank, was recently honored as the Grand Marshal of the 2019 Garfield Memorial Day Parade. A team of Spencer employees, family and friends came out to celebrate, remember and honor those who served our great nation. - June 10, 2019 - Spencer Savings Bank
TAG Expands Into New York City with New Office Location
The demand for Family Bill Pay services prompts TAG to sign an office lease in order to accommodate new sales and existing clients in that region. - June 07, 2019 - TAG
OnPoint Community Credit Union Partners with iGrad to Offer the Enrich Financial Wellness Platform
OnPoint Community Credit Union is making the award-winning Enrich financial wellness platform available to its nearly 370,000 members. - June 06, 2019 - iGrad
SkySparc Invests in Patch Upgrade as-a-Service with New Head
SkySparc, an independent solutions provider, has appointed former TradeTech Consulting executive Torbjörn Pejer to guide the future development of Patch Upgrade as-a-Service, the firm’s highly successful structured upgrade practice. - June 05, 2019 - SkySparc