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.
Local First Arizona Launches Community Banking Month: Annual Campaign Encourages Arizonans to Move Their Money Where It Matters
Where you bank can make a huge impact on the local economy, according to Kimber Lanning, founder of Local First Arizona, the organization in Arizona dedicated to boost locally owned business. Lanning is promoting April as Community Banking Month statewide as a time for everyone in Arizona to meet with a banker from a community bank or credit union near them and move their funds into a local institution that better understands their needs than a national bank that only sees Arizona as an outpost. - April 01, 2019 - Local First Arizona
A-Team Group Data Management Summit Discusses Transformation, Digitalisation and Innovation
Hundreds of delegates join the event to hear from industry practitioners and leading vendors. - March 31, 2019 - A-Team Group
A-Team Group Releases Shortlist for 2019 RegTech Insight Awards
A-Team Group has released a shortlist of potential winners for its hotly anticipated third annual RegTech Insight Awards, to be held in the City of London on May 3, 2019. The awards recognise excellence and innovation in the provision of technology solutions to meet regulatory requirements within... - March 30, 2019 - A-Team Group
iGrad Creates First Financial Wellness Personality Assessment
iGrad/Enrich has created a first-of-its-kind financial behavior assessment, now available on its interactive financial wellness platforms. - March 29, 2019 - iGrad
Brown & Joseph Unveils New Business Location
Brown & Joseph, a debt collection agency located near Chicago, is pleased to announce it has expanded operations to Indianapolis. - March 29, 2019 - Brown & Joseph, LLC
MetaSource MERS Compliance Reviews Highlight Need for Improved Documentation
Subservicer Compliance, Staff Turnover Among Sources of Difficulty - March 28, 2019 - MetaSource
GE Real Estate Consulting, LLC's Englesbe Cites Indicators for Positive Housing and Refinance Market
Greg Englesbe, an investment banker and philanthropist with 23 years in the residential mortgage business, has confidence in the housing market and is predicting a turnaround in the refinance market. Pointing to recent data from Black Knight, there are now 3.27 million homeowners who could reduce... - March 26, 2019 - Gregory Englesbe
Principia Now Offering a Comprehensive Solution for SOFR Derivatives
Principia Partners LLC, an industry-leading provider of derivatives portfolio management solutions, today announced the full integration of SOFR into their platform, Principia SFP, and the online derivatives valuation service powered by it, pasVal. “We are proud to be well ahead of the... - March 25, 2019 - Principia Partners LLC
Mars Bank Promotes Mortgage Originator to Officer Position
Mars Bank promoted Megan Legursky, a mortgage originator with the bank since 2017 to the position of Assistant Vice President, Mortgage Loan Officer. Ms. Legursky serves customers in the greater Pittsburgh area with mortgages for purchase or refinance, home equity loans, and connects customers with... - March 23, 2019 - Mars Bank
ICO Spotter Publishes Guide on the Best Altcoin Exchanges of 2019
Top ICO Listing Site, ICO Spotters, Shares Their Comprehensive Guide to the Most Trustworthy, User Friendly, and Proven Cryptocurrency Exchanges on the Market Today - March 21, 2019 - ICO Spotters
CIS Islamic Banking and Finance Forum to be Held in Tashkent, Uzbekistan
Commonwealth Independent States (CIS) are a new destination for Islamic Banking & Finance. - March 21, 2019 - AlHuda Centre of Islamic Banking & Economics
Nomino Data Enhances MRB Compliance
NominoData is unveiling its newly enhanced MRB Compliance due diligence solution powered by Senzing® software. Senzing is the first real-time AI for entity resolution. The enhanced offering is a complete package of screening and linking capabilities integrated with the powerful Nomino Data MRB... - March 19, 2019 - NominoData LLC
Active.Ai, Launches ONE.Active.Ai, a Conversational Banking as a Service Platform for Credit Unions and Banks
Active.AI, an innovator in the Conversational AI platform for financials, today announced the launch of ONE.Active.Ai. ONE.Active.Ai (https://one.active.ai/) is a secure platform running on AWS Cloud, enabling digital leaders, CMO’s, and CIO's of financial institutions to offer... - March 18, 2019 - Active.ai
SkySparc Strengthens Executive Team with CFO Appointment
SkySparc, an independent solutions provider, has appointed Rebecca Ericsson Birck as the firm’s first full-time chief financial officer. - March 13, 2019 - SkySparc
Best Financial Services Website to be Named by Web Marketing Association in 23rd Annual WebAward Competition
The 23rd annual international WebAward Competition for Web site development at www.webaward.org is now accepting entries. 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, based on the seven criteria of a successful web site. The deadline for Financial-related web sites to enter is May 31, 2019. - March 13, 2019 - Web Marketing Association
RadiusPoint Provides a Remarkable ROI of 587% for 2018
RadiusPoint, the leading technology and energy expense management provider, announces an exceptional Return on Investment (ROI), on average of 587% for their clients for the entire year of 2018. The ROI is researched and verified against the weekly and quarterly Exception reports that are created... - March 10, 2019 - TSG Enterprises, LLC dba RadiusPoint
Optima ECM Consulting Announces Silver Sponsorship at the SAP-Centric Financials Conference
Optima ECM Consulting will be a Silver sponsor at the SAP-Centric Financials Conference held on March 11-13 in Dallas, TX. Optima will be also co-presenting with The Toro Company on their Invoice-to-Pay Digital Transformation Case Study. - March 08, 2019 - Optima ECM Consulting
Collateral Loan Brokers Association of New York Elects New President
The Collateral Loan Brokers Association of New York is proud to announce that David Kaminsky has accepted the role of President for the upcoming term year. - March 08, 2019 - EZ Pawn Corp.
Portable Latency Emulator for Network Impairment Testing
The PDS-1/10G Portable Delay Simulator allows users to test/stage critical network equipment by altering bandwidth, latency, packet loss, congestion and other important link impairments over 10/100/1000 or 10GbE Ethernet. - March 06, 2019 - East Coast Datacom, Inc.
Spencer Savings Bank Helps Eva’s Village Prepare Clients for Job Success
Many individuals go to Eva’s Village to find hope and a new beginning. Spencer Savings Bank, a community bank headquartered in Elmwood Park, N.J., recently partnered up with Eva’s Village to empower, mentor and prepare Eva’s Village clients for job success. The Paterson-based nonprofit works to break the cycle of poverty and addiction through a unique and integrated approach. - March 06, 2019 - Spencer Savings Bank
Research by Ingressum Indicates Poor State of Cyber Readiness of Philippine Banking Sector
Philippines banking sector not adequately prepared for cyber threats. - March 05, 2019 - Ingressum Pty Ltd
Medlaw Publishing is Pleased to Announce That Its Non-Fiction Book, "Capitol Hill's Criminal Underground" is Now Available at Amazon and Barnes and Noble
With the release of the non-fiction book, "Capitol Hill's Criminal Underground," the authors believe Americans will finally be told about one of this country's longest running, government supported criminal enterprises. The book aims to name the individuals and present the evidence of their crimes. - February 27, 2019 - Richard Lawless, Author
Mars Bancorp Named to 2019 OTCQX Best 50
Mars Bancorp (OTCQX: MNBP) is pleased to announce it was named to the 2019 OTCQX® Best 50, a ranking of top performing companies traded on the OTCQX Best Market last year. Mars Bancorp is the parent company of Mars Bank. - February 22, 2019 - Mars Bank
The Brevity Group Cracks the Code in Saving Homes
The Brevity Group is a professional team of experts leveraging banks into fair negotiation terms. - February 21, 2019 - The Brevity Group LLC
A-Team Group Releases Shortlist of Companies Nominated for 2019 TradingTech Insight Europe Awards
A-Team Group has released a shortlist of potential winners of its inaugural TradingTech Insight Europe Awards. - February 17, 2019 - A-Team Group
Brad Domenico Secures $60,000,000 for Multifamily Portfolio in Hudson County
Brad Domenico, Partner at Progress Capital, negotiated a $60,000,000 acquisition loan for a portfolio of 18 multifamily buildings located in Hudson County, NJ. The portfolio was purchased for $75,000,000. Niko Nicolaou of Gebroe-Hammer represented both the buyer and the seller in the... - February 17, 2019 - Progress Capital
Healthcare Systems Federal Credit Union Upgrades to Dolphin Debit to Manage Its ATMs
To improve service levels, Healthcare Systems Federal Credit Union has turned over management of its 20 ATMs to Dolphin Debit, the full-service ATM management company. Healthcare Systems FCU, based in Falls Church, Virginia, serves members who work or volunteer in the healthcare industry in... - February 15, 2019 - Dolphin Debit
Al Ghurair Exchange Strengthens Its Bond with UBL Bank Pakistan
Al Ghurair Exchange enhances its relationship with UBL Bank Pakistan. United Bank Limited (UBL) leads the banking and financial services sector in Pakistan which allows customers to send cash and conduct bank transfers across Pakistan from any of AL Ghurair Exchange branches located across... - February 14, 2019 - Al Ghurair Exchange
A-Team Group Hosts London TradingTech Summit
London Summit to feature influential speakers, informative panel discussions, a focus on Brexit, top-tier sponsors and over 200 registered delegates - February 14, 2019 - A-Team Group
Gina Stavropoulos Recognized as a Woman of the Month for January 2019 by P.O.W.E.R. (Professional Organization of Women of Excellence Recognized)
Gina Stavropoulos of Palm Beach Gardens, Florida has been recognized as a Woman of the Month for January 2019 by P.O.W.E.R. (Professional Organization of Women of Excellence Recognized) for her outstanding contributions and achievements in the field of finance. Each month they feature women to... - February 13, 2019 - P.O.W.E.R. Professional Organization of Women of Excellence Recognized
CIS to Exhibit at Ellie Mae Experience 2019
CIS announced they will exhibit in booth #505 at Ellie Mae Experience 2019, March 10-13, 2019 at Moscone West in San Francisco, California. - February 12, 2019 - CIS
A-Team Group Introduces A-TeamInsight.com – Their Knowledge Platform for the Financial Technology Community
A-Team Group today announced the launch of its new website www.a-teaminsight.com. This brings together content across their platforms into a single, easily searchable site that will help financial institutions as they grapple with data management, technology and regulatory challenges facing the... - February 08, 2019 - A-Team Group
Mission Federal Credit Union Surveys San Diegans About Their Credit Habits
Mission Federal Credit Union, San Diego’s largest locally based financial institution exclusively serving San Diego County, has conducted a survey of 400 San Diego County residents between the ages of 25 and 54, asking questions about credit card use and paying down credit card debt. The... - February 07, 2019 - Mission Federal Credit Union
Meadows Bank Net Income Rises 33% in 2018
Meadows Bank, headquartered in Las Vegas, NV, announced today that in 2018 the Bank’s After Tax Net Income grew 33% to $15.8 million, up from 11.9 million in 2017. As of December 31, 2018, Total Assets of Meadows Bank grew by 9% from the prior year end to $858.7 million from $791.0... - February 06, 2019 - Meadows Bank
Potrero Hill Restaurant Avoids Rising Rent by Purchasing Building with SBA 504 Loan from TMC Financing
TMC Financing helped owners of Plow to secure $2.5 million in total project cost through the SBA 504 loan program. The funds were used to purchase a 4,000 square foot mixed-use property in the Potrero Hill neighborhood of San Francisco. - February 06, 2019 - TMC Financing
Home Helpers Secures Partnership with Promisor Residential
New partnership works to help clients remain in the comfort of their home and fund the in-home care they need. - February 01, 2019 - Home Helpers - Evansville, IN
Yaxit Limited is Building the First Ever Mobile ATM
First every mobile ATM or ATM on Wheels prototype is being crowdfunded. - February 01, 2019 - Yaxit
Two-Day "DNA Accredited" Financial Advisor Training Promises Wealth Management Edge
Atlanta-based DNA Behavior International helps early adopters of behavioral insights platform take their practices to the next level through two-day workshop culminating in DNA Accredited Advisor certification. - January 31, 2019 - DNA Behavior International
Singapore Management University (SMU) Partners with IMAA to Provide Best Practices in Mergers & Acquisitions Education
Singapore Management University (SMU) and the Institute for Mergers, Acquisitions and Alliances (IMAA) announced a new collaboration that aspires to set new standards of learning within the Mergers & Acquisitions (M&A) landscape in South East Asia. This partnership aims to make global best... - January 31, 2019 - Institute for Mergers, Acquisitions and Alliances (IMAA)
Spencer Savings Bank Holds Annual Meeting and Announces Board of Directors Election Results
Dedicated leader and 40 year banking veteran is re-elected to the bank’s Board of Directors. Spencer Savings Bank, a community bank headquartered in Elmwood Park, N.J., has re-elected Jose B. Guerrero 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 24, 2019. - January 31, 2019 - Spencer Savings Bank
First Service Credit Union Member Wins $50,000 in Cash Rewards Sweepstakes
One lucky member of First Service Credit Union was handed a check for $50,000 after winning the grand prize in the credit union’s 2018 Cash Rewards Sweepstakes. The lucky winner, Dennis Sanders of Lake Jackson has been a member of First Service since 2005. Sanders has remained a First... - January 27, 2019 - First Service Credit Union
The Palm Beach Hedge Fund Association Welcomes the Van Hoek/Tremblay Team of UBS Private Wealth Management as Its New Member and Sponsor
The Palm Beach Hedge Fund Association (PBHFA) welcomes Cornelis Johannes "CJ" Van Hoek and Nathalie Tremblay from the Van Hoek/Tremblay team of UBS Private Wealth Management in West Palm Beach. - January 26, 2019 - Palm Beach Hedge Fund Association
Closing Disclosures Continue to Cause Mortgage QC Trouble in 2018
MetaSource Study Finds Closing Disclosure Problems Still Dominating the Top 15 Quality Control Issues in Loan Origination. - January 24, 2019 - MetaSource
Sigma Tax Pro Reminds Taxpayers That the IRS Will Continue to Issue Refund Payments During Government Shutdown
Certain services will be offline, but returns will be accepted and refunds will be paid. - January 22, 2019 - Sigma Tax Pro LLC
More Affiliate Marketing Management: ArrowShade Introduces New Account Managers to Its Growing Team
ArrowShade announced today that it will be adding to its dedicated account management team to support network expansion. ArrowShade is one of the largest affiliate networks in the industry that provides a dedicated affiliate management team. The network focuses on financial offers, benefiting from... - January 22, 2019 - ArrowShade
Mars Bank, Butler Radio Team Up to Support Veterans in Need
Mars Bank and the Butler Radio Network presented a check for $3,200 to Veterans in Need of Butler County. The bank and WISR, WBUT, and 97.7 The Rock Station donated as well as raised funds at community events, the Veterans Day Parade in Butler, and at Mars Bank locations. Veterans in Need provides... - January 17, 2019 - Mars Bank
Ocala Auction Professional Jon Barber Recognized with Tranzon Driggers 2018 Top Sales Award
Jon K. Barber, a Vice President with Tranzon Driggers, a real estate auction firm working throughout the Southeastern U.S., was recently recognized as the 2018 Top Sales Award Winner at the company’s annual meeting. Jon was acknowledged as having the highest real estate closed sales volume... - January 15, 2019 - Tranzon Driggers
The College Investor Ranks the Top Tax Software of 2019
The College Investor has released their annual list of the best tax software. Along with ranking the best options for free tax software and more, there are new additions to the list including best virtual tax preparation service. - January 14, 2019 - The College Investor
Mars Bank’s Shawn Proper Appointed to Statewide Policy Committee
Shawn R. Proper, Senior Vice President Mortgage and Consumer Lending at Mars Bank, has been appointed to the Pennsylvania Bankers Association’s (PA Bankers) Government Relations Policy Committee. - January 10, 2019 - Mars Bank
Meadows Bank Increases Rate on IOLTA Funds to Support Organizations That Provide Low or No-Cost Legal Aid
Meadows Bank, Member FDIC, announced that it has raised the interest rate paid on IOLTA Funds (Lawyers Trust Accounts). The earned interest from the Interest on Lawyers Trust Account (IOLTA) program is an important source of funding for the organizations supported by the Nevada Bar Foundation,... - January 08, 2019 - Meadows Bank