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.

ABUKAI Module for Accounting Firms Managing a Large Set of Clients

ABUKAI Module for Accounting Firms Managing a Large Set of Clients

ABUKAI’s Client-Based Management Module Empowers Firms to Easily Manage Clients and Delegate Client Administration across the Staff. - December 27, 2018 - ABUKAI

Globtec Investment Group Announces $170 Million Investment in Public Infrastructure and Real Estate Projects in the Visegrád States

Globtec Investment Group Announces $170 Million Investment in Public Infrastructure and Real Estate Projects in the Visegrád States

Globtec Investment Group, a leading global investor in innovative infrastructure projects, today announced it is making a major and highly-anticipated entry to the European Union market. The company is investing $170 million in capital in public infrastructure and real estate projects in the V4, in partnership with an international investor consortium. Globtec is currently in talks with local authorities to finalize project details, including potential locations. - December 26, 2018 - Globtec Investment LLC

Spencer Savings Bank Recognizes Anthony Niciejewski, NJBankers Emerging Leaders Rising Star Award Winner

Anthony Niciejewski, Spencer Savings Bank’s Business Banking Officer, was recently honored with the NJBankers Emerging Leaders Rising Star Award. Spencer sat down with Anthony to learn about paving a path to success – his way. - December 26, 2018 - Spencer Savings Bank

Direct Source Wealth Announces Acquisition and Sale Recap for 2018; A Great Year for Investors

Direct Source Wealth Announces Acquisition and Sale Recap for 2018; A Great Year for Investors

Direct Source Wealth makes giant strides in 2018. - December 23, 2018 - Direct Source Wealth

Texas Trust Credit Union Hosts Financial Reality Fair

For 250 high school students, a day at the Mansfield ISD Center for the Performing Arts provided a glimpse into their post-school financial lives. They attended the Texas Trust Credit Union-sponsored Financial Reality Fair, a day-long learning experience in how to handle their finances once they... - December 20, 2018 - Texas Trust Credit Union

ArrowShade Announces Plans to Grow Affiliate Network in 2019; Now Taking on New Lead Sellers

ArrowShade Announces Plans to Grow Affiliate Network in 2019; Now Taking on New Lead Sellers

Tribal Sovereign Owned Affiliate Network Now Taking on New Affiliates. - December 18, 2018 - ArrowShade

John Netto, Author of The Global Macro Edge, to Launch Central Bank Index Product

John Netto, Author of The Global Macro Edge, to Launch Central Bank Index Product

The ability to quickly assess the result of pivotal central bank decisions has been made easier through the creation of indexes by combining John Netto's expertise with the robustness of MPACT! Software. - December 18, 2018 - The Protean Trader

Johnson & Wales University Launches Student Financial Literacy Class with iGrad’s New Classroom Integration Resources

Johnson & Wales University Launches Student Financial Literacy Class with iGrad’s New Classroom Integration Resources

Classes Complement iGrad’s Online Financial Wellness Platform. - December 18, 2018 - iGrad

Morris Local Joins Morris Building and Loan to Drive Growth and Build Relationships

Paula Mercer will serve as new retail manager for community bank. - December 16, 2018 - Morris Building and Loan

Guidance Residential CEO Khaled Elsayed Named 2018 HousingWire Vanguard

Guidance Residential CEO Khaled Elsayed Named 2018 HousingWire Vanguard

Leadership award recognizes leaders for their vital contribution to their companies and the overall mortgage industry. - December 12, 2018 - Guidance Residential

OVIE LLC Offers a New Customizable Design for the Piggy Bank

OVIE LLC Offers a New Customizable Design for the Piggy Bank

The classic savings bank has been given an exciting update in design and personal expression by OVIE. The sleek modern design of the OVIE Bank can be customized to inspire a variety of savings goals. The included non-toxic dry chalk markers are used to personalize the fund title. This unique take on the traditional savings bank will become a favorite for those wishing to stay motivated, showcase their creativity, and watch their saving grow. - December 10, 2018 - OVIE LLC

EQDerivatives Launches Machine Learning/Alt Data Platform, machineByte

machineByte is a platform dedicated to machine learning in investment management across data, learning types, markets and asset classes. - December 08, 2018 - machineByte

Nashville Tax Practitioner Completes Rigorous National Tax Practice Institute™

Tyrone J. Taylor, EA, has earned the prestigious Fellow designation from the National Association of Enrolled Agents (NAEA) for completing the three levels of the National Tax Practice Institute (NTPI®). This achievement demonstrates Tyrone J. Taylor, EA’s dedication to protecting... - December 07, 2018 - Taylor Tax and Financial Consulting

Introducing the Trade Like A Girl Academy Fall Graduating Class of 2018

Introducing the Trade Like A Girl Academy Fall Graduating Class of 2018

Girls Gone Forex and Trade Like A Girl Academy proudly recognize the hard work and achievements of the Fall graduating class of Girls Gone Forex University. - December 07, 2018 - Kiss Trading Academy

NAPA Names Pamela Appell to List of 2018 Top Women Advisors

The National Association of Plan Advisors (NAPA) recently named Plexus Financial Services, LLC’s Vice President of Client Relations Pamela Appell to its list of 2018 Top Women Advisors. - December 05, 2018 - The Plexus Groupe

Eclipse Air Charter Expands Operations with New NYC Office as Demand for Private Aircraft Charter Continues to Grow

Eclipse Air Charter Expands Operations with New NYC Office as Demand for Private Aircraft Charter Continues to Grow

Toronto-born Eclipse Air Charter is expanding its on-demand, private aircraft charter service business with a new office in the heart of Midtown Manhattan. Benefitting from the continued leadership of Founder & Managing Director Yasmin Alam, Eclipse Air Charter provides access to an extensive range of private jet charter options, with a simple pay-as-you-go service with no long-term commitment, initial outlay, membership fee or management charges. - December 05, 2018 - Eclipse Air Charter

Texas Trust Credit Union Marketing Campaign Wins Silver Davey Award

Texas Trust Credit Union’s promotional home equity campaign received a silver Davey award from the Academy of Interactive and Visual Arts (AIVA). The four-color posters and billboards were created by Tractor Creative based in Lorena, Texas. The collateral was recognized among 3,000 entries... - December 05, 2018 - Texas Trust Credit Union

Brent Hagar's State Farm Agency, Serving the Tulsa Community, Has Received the Company’s Prestigious President’s Club Award

Brent Hagar's State Farm Agency, Serving the Tulsa Community, Has Received the Company’s Prestigious President’s Club Award

This top award recognizes the agent’s outstanding sales ability, plus honors agents who align their business with the long-term direction of the company and who act as advocates for their customers. Only 50 agents a year are granted this award for being a top agent in a particular line of... - December 04, 2018 - Brent Hagar, State Farm Insurance Agent

Meadows Bank Ranks #1 in Small Business Administration (SBA) 7(a) and 504 Lending

Meadows Bank announced that it finished the U.S. Small Business Administration fiscal year ending 9/30/18 as the #1 lender in SBA 7(a) and 504 loans in Nevada (ranked by dollar volume). “Meadows Bank continues to demonstrate its dedication to the local Nevada economy by being named... - December 04, 2018 - Meadows Bank

Silicon Prairie Investment Crowdfunding Portal First to Offer Self-Directed IRA Funding Option

Silicon Prairie Investment Crowdfunding Portal First to Offer Self-Directed IRA Funding Option

Silicon Prairie Online (https://sppx.io), the first investment crowdfunding portal company to link blockchain based distributed ledgers under an Initial Crowd Offering model is pleased to announce the ability to invest with a Self-Directed Individual Retirement Account (SD-IRA) through an... - December 02, 2018 - Silicon Prairie Portal & Exchange

Hurricane Harvey Victim Writes the Book on Achieving Health and Wealth and Coming Back from Financial Hardship

In "The C.A.S.H. Formula" - a just-released how-to wealth-building book with a twist, author WenFang Bruchett shares her proven strategies for success that combine hard-hitting financial tactics with a dose of mindfulness and wellness. As founder of a company that helps starts-ups become... - November 29, 2018 - BlissFinance

Spencer Savings Bank Sponsors Lunch Program, Feeds Hundreds of Needy Community Members, and Distributes Over 1,000 Hygiene Items

It is commendable when organizations assist community members during the holiday season. Spencer Savings Bank recently sponsored the “Fund A Meal” program at Eva’s Village to help celebrate the spirit of the season by giving back. Employees also visited the nonprofit to help serve a hot lunch meal to hundreds of needy community members. Goodie bags filled with more than 1,000 hygiene items were also distributed to the guests. - November 29, 2018 - Spencer Savings Bank

Cornerstone CU League Honors Texas Trust Credit Union with Four Marketing Awards

Texas Trust Credit Union received four Pinnacle awards from the Cornerstone Credit Union League at its annual marketing conference. Pinnacle awards recognize excellence in credit union marketing, public relations, and business development. Texas Trust’s “Your Future is Bright”... - November 29, 2018 - Texas Trust Credit Union

FMW Media Works Corp. "Exploring the Block" Broadcast and Filming Schedule for November

FMW Media Works Corp. "Exploring the Block" Broadcast and Filming Schedule for November

FMW Media Works announce its November broadcast schedule, new clients and who will be in studio in November. “New to the Street” and “Exploring the Block” TV Programing “Exploring the Block” business TV in October 2018 looking forward to the following CEOs and... - November 27, 2018 - New to the Street

Direct Auto & Life Insurance to Host  "National Interview Day" on December 5

Direct Auto & Life Insurance to Host "National Interview Day" on December 5

Direct Auto & Life Insurance will host a hiring event, National Interview Day, from 10 a.m.-7 p.m. on Wed., Dec. 5, 2018 at 15 participating store locations in Alabama, Arkansas, Florida, North Carolina, South Carolina, Tennessee, Texas and Virginia. - November 26, 2018 - Direct Auto Insurance

ioBanker Launches the First Trustless 100% Full Digital Reserve Banking Platform Built on Top of a Smart Contract on Blockchain

A Regulated state of art cryptocurrency exchange to support the ancient concept of “full reserve banking.” - November 26, 2018 - ioBanker

Three Fire Units Win Mars Bank’s Facebook Contest; Receive Donation

As part of Mars Bank’s Step Forward campaign, three local fire units received donations from the bank for their involvement in the bank’s Step Forward for first responders Facebook contest. The Step Forward campaign was a two-month celebration of first responders, active military, and veterans. It ran from September 11 to November 11, Veterans Day. - November 23, 2018 - Mars Bank

Contentoo Launches Content-Production Platform

Contentoo Launches Content-Production Platform

Contentoo is officially launching this month. With the rise of content marketing and marketing automation software, the demand for high-quality content has never been greater. Yet, the process for creating content still relies on inefficient, outdated methods. Contentoo offers a solution for this, with a talent pool of freelance writers and journalists and smart software that enables companies to work with them. - November 22, 2018 - Contentoo

CompareRemit Expands Its Reach to Canada

The leading cross-border money transfer comparison portal expands corridor offering to cater to growing Canadian immigrant market. - November 19, 2018 - CompareRemit

Fintech Platform Kviku Launched Its Services on a Big Japanese Cross-Border Marketplace

A large European loan originator has launched on the Japanese marketplace. Kviku is a leading fintech platform which currently provides instant online point-of-sale and installment credit solutions to borrowers in Russia and Kazakhstan. - November 19, 2018 - Kviku

T-REX Trend Report: Commercial PACE ABS Positioned for Exponential Growth Into 2020 - Access a Complimentary Copy of the Full Report

T-REX Trend Report: Commercial PACE ABS Positioned for Exponential Growth Into 2020 - 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 discusses four trends that indicate Commercial PACE will see rapid fire growth in ABS issuance in 2019 and 2020. - November 18, 2018 - T-REX

Texas Trust Credit Union Employees Raise Money for Children’s Miracle Network

A number of Texas Trust Credit Union employees raised $1,130 in the 24-hour Extra Life game-a-thon held at the credit union’s headquarters recently. The Extra Life game-a-thon is a national event that bring people together to raise money for Children’s Miracle Network Hospitals by... - November 17, 2018 - Texas Trust Credit Union

Tellerex Celebrates 5 Year Anniversary

Tellerex Celebrates 5 Year Anniversary

Tellerex, Incorporated, a leading ATM, Kiosk, and lifecycle solutions provider is pleased to announce their 5 year anniversary and would like to thank their team and all of their customers for their loyalty and support. The company is operated by a world-class team of industry professionals who... - November 13, 2018 - Tellerex Inc.

Assurance Software Customers Share Best Practices and  Celebrate Achievements During Inaugural Customer Conference

Assurance Software Customers Share Best Practices and Celebrate Achievements During Inaugural Customer Conference

Assurance Software, a leading provider of comprehensive business continuity management and disaster recovery software and services, hosted its inaugural Surge customer conference October 28-30. During the conference, attendees learned about new and upcoming software innovations and services while... - November 13, 2018 - Assurance Software

Dhanayoga Launches Global Multi-Asset Portfolio Advisory Services

The Global Multi-Asset Portfolio Advisory services enable Individual and Institutional investors from any part of the world to benefit from both standardized and tailored Global Multi-asset portfolios that align with one's goals, return, risk, tenure and liquidity needs. - November 10, 2018 - Dhanayoga

Toronto Based Crypto Exchange Correx.io Adds Bitcoin Escrow Service

Toronto Based Crypto Exchange Correx.io Adds Bitcoin Escrow Service

Correx.io, fast becoming one the world's most popular crypto exchanges, has added yet another feature to it's growing list of services. In early October, they launched a Bitcoin escrow service for three different kinds of contractual agreements involving the use of Bitcoin as consideration:... - November 09, 2018 - Correx International

Spencer Savings Bank Celebrates Grand Opening in Downtown Westfield

Spencer Savings Bank celebrated the official opening of its financial center in Westfield, N.J. last week with a ribbon cutting ceremony. Westfield Mayor Shelley Brindle joined the bank and town officials in celebrating the new business location in downtown Westfield at 240 North Avenue. The... - November 09, 2018 - Spencer Savings Bank

North Carolina’s Duke Credit Union, Weary of Upgrade Costs, Picks Dolphin Debit to Manage Its ATM Fleet

Facing the prospect of having to go through another ATM upgrade – the January 2020 migration to Windows 10 – Duke Credit Union decided it was finally time to get out of the ATM business and turn its fleet of machines over to Dolphin Debit. Dolphin Debit, the full-service ATM management... - November 09, 2018 - Dolphin Debit

Meadows Bank Net Income Rises 30%

Meadows Bank, headquartered in Las Vegas, NV, announced today that it posted After Tax Net Income of $11,368,000 in the first nine months of 2018 which was 30% higher than the $8,721,000 it earned during the same period in 2017. “The Bank’s net interest income through September 30,... - November 08, 2018 - Meadows Bank

Principia Offers SOFR Impact Assessments with pasVal

Principia announced its new service: impact assessments for the US market transition away from LIBOR to replacement SOFR. - November 08, 2018 - Principia Partners LLC

Texas Trust Credit Union Named Sponsor of Grand Prairie’s New Upscale Epic Theater

The City of Grand Prairie’s multi-billion-dollar Epic lifestyle, health, and entertainment venue has named Texas Trust Credit Union as the official sponsor of the Epic Theater. The five-year agreement gives Texas Trust naming rights along with signage and advertising opportunities, and... - November 08, 2018 - Texas Trust Credit Union

MoolahSense Launches M.A.I., a Blockchain-Based AI That Monitors Loans to Anticipate Delinquency, Fraud, & Default

MoolahSense Launches M.A.I., a Blockchain-Based AI That Monitors Loans to Anticipate Delinquency, Fraud, & Default

How do you monitor your borrowers to prevent and anticipate delinquency, fraud and default while achieving consistent loan book performance? - November 07, 2018 - MoolahSense Pte Ltd

Meadows Bank Named NADCO’s Most Active Community Lender for the SBA 504 Loan Program

Meadows Bank Named NADCO’s Most Active Community Lender for the SBA 504 Loan Program

Meadows Bank announced that it was recently awarded, for the second time, the National Association of Development Companies (NADCO), Most Active Community Lender of the Year for the SBA 504 Loan Program. Meadows Bank accepted the award last month during the NADCO 2018 Annual Meeting in Ft. - November 06, 2018 - Meadows Bank

FinTech School Announces a Public Training in Partnership with Moody’s Analytics

FinTech School (located in San Francisco), a leading FinTech institute, has joined forces with Moody’s Analytics with the aim of training FinTech enthusiasts about "Fundamentals of FinTech" and "Robo-Advisors & Digital Wealth," respectively on 27th, 28th November and 29th, 30th November 2018 in New York. - November 06, 2018 - FinTech School

Peter Wassileff of HomeSmart Evergreen Realty Reports That the San Fernando Valley Real Estate Market is Shifting

Peter Wassileff of HomeSmart Evergreen Realty Reports That the San Fernando Valley Real Estate Market is Shifting

Peter Wassileff of HomeSmart Evergreen Realty is seeing changes in the real estate market. There are more homes coming to the market, which is a positive sign, but the market is experiencing a slowdown in price increases, homes taking longer to sell, price cuts on listed properties and less buyer demand. - November 06, 2018 - HomeSmart Realty

Khalti Launches Wallet to Bank Money Transfer Facility

Khalti, an emerging digital wallet and payment gateway in Nepal has launched wallet to bank money transfer facility, enabling its users to transfer the balance in their Khalti to their bank accounts. Now, its users can digitize cash and remit it to family and friends very easily, or withdraw it at their convenience. - November 05, 2018 - Khalti Digital Wallet

Texas Trust Collects, Disposes of Confidential Documents at Its Get Shredded and Protected Event

Texas Trust Credit Union shredded hundreds of pounds of paper at its first Get Shredded and Protected event in Flower Mound. Several hundred people came out to have confidential documents, CDs, and video tapes shredded on-site and to discard unneeded paper, eliminating the danger of financial... - October 31, 2018 - Texas Trust Credit Union

Medlaw Publishing Schedules Release Date of Its Non-Fiction Book, "Capitol Hill's Criminal Underground"

Medlaw Publishing Schedules Release Date of Its Non-Fiction Book, "Capitol Hill's Criminal Underground"

Release Date set for ground breaking non-fiction book on government corruption. - October 30, 2018 - Richard Lawless, Author

Spencer Savings Bank Welcomes Michael Claisse as Commercial Real Estate Director

Spencer Savings Bank is pleased to welcome Michael Claisse as Senior Vice President, Director of Commercial Real Estate. Claisse will be responsible for the management of the bank’s Commercial Real Estate division with an emphasis on growing Spencer’s commercial lending portfolio,... - October 30, 2018 - Spencer Savings Bank

Former Rothschilds Director and Current PlatinumDEX Chairman Supports "Roubini-Lite" Crypto Regulation

Former Rothschilds Director and Current PlatinumDEX Chairman Supports "Roubini-Lite" Crypto Regulation

Veteran City of London Investment Banker, Rosamund Blomfield Smith, and Chairman of PlatinumDEX supports the idea of “proportionate” regulation in crypto in response to the US economist Nouriel "Dr. Doom" Roubini's recent demand to US Congress that crypto be banned. Proportionate legislation is needed, as the industry is failing to self-regulate adequately. - October 29, 2018 - Platinumdex Limited

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