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.
Spencer Savings Bank Joins ABA and Banks Across U.S. for #BanksNeverAskThat Anti-Phishing Campaign
Spencer Savings Bank has joined the American Bankers Association and banks across the nation to promote an industry-wide campaign educating consumers about the persistent threat of phishing scams. The FTC estimates that consumers lost $5.8 billion to phishing and other fraud in 2021, an increase of... - October 20, 2022 - Spencer Savings Bank
CIG Financial Expands Relationship with TruDecision to Build Captive Lending for AutoNation
CIG Financial, an AutoNation Company (CIG) that will be rebranded AutoNation Finance, announced today that they will be expanding their partnership with Irving, Texas-based TruDecision Inc. (TruDecision) as they build out the captive lending business for AutoNation. On July 21, 2022, AutoNation... - October 18, 2022 - TruDecision Inc.
The Hard Money Lions with the King of Hard Money is on YouTube
One-of-a-kind reality show that will undoubtedly change the way people think about borrowing and lending money for “Real Estate Investing” projects; “Hard Money Lions” is here to show you the ups and downs, the ins and outs, the pretty and the ugly of a unique industry that can make you rich. - October 17, 2022 - HML Investments
World Bank Group Member IFC Invested in Turkey’s Rising Fintech Company, Figopara
Led by L2G Ventures, JIMCO, World Bank Group member IFC, Eczacıbaşı Momentum, Finberg, Maxis Venture Capital affiliate of İş Bankası, Logo Yazılım, Sabancı Ventures, ScaleX Ventures, İstanbul Portfolio Techone Venture Capital Investment Fund and Development Investment Bank of Türkiye (TKYB) Venture Capital. - October 14, 2022 - Figopara
ASC Funds First $1M Bridge Loan for Mixed-Use Building in Chicago
American Street Capital has announced the funding of a $1 million bridge loan for the acquisition of a 7-unit mixed-use building in Chicago, IL. - October 13, 2022 - American Street Capital
Mirae Launches US Overnight Trading Services
Mirae Asset Securities (USA) Inc. announced the launch of US overnight trading services for clients. With the resources and reach of a leading global securities business, Mirae’s US brokerage firm has now expanded its current high touch execution capabilities for its clients by offering... - October 12, 2022 - Mirae Asset Securities (USA) Inc
Pari Passu M&A Mediation Launches to Address Need for Specialist Help with M&A Disputes
Pari Passu M&A Mediation offers a unique value proposition. Rather than seeking to be a disputes resolution generalist, the firm strictly limits its practice to conflicts arising from M&A transactions. Drawing upon more than four decades of successful deal making and problem solving, Pari Passu M&A Mediation helps parties find solutions to challenging and complex M&A-related controversies. - October 11, 2022 - Pari Passu M&A Mediation LLC
Strategic Partnership with Colendi & Fibabanka - Colendi Secured Financing Line of 150M USD from Fibabanka
Colendi, the largest FinTech service provider in Turkey, has made a deal with Fibabanka who agreed to opening a $150 million strategic credit line to Colendi users. With this agreement, Colendi will keep providing opportunities to more than 10 million people. - October 06, 2022 - Colendi
Resource Royalty, LLC Announces Bob Howard, Chairman and Beth Good, CEO
Resource Royalty, a Dallas-based oil and gas royalty portfolio manager since 2010, is pleased to announce changes in senior management. Bob Howard, founder, will assume the role of Chairman and Beth Good, CFO will become CEO. The firm continues to position itself to meet the demands of investors... - October 03, 2022 - Resource Royalty LLC
Stratton Equities Hiring Loan Officers for October 2022 Training Cycle
Stratton Equities is hiring new mortgage loan officers to start working for one of the nation's leading private lenders for real estate investors. As the leading hard money and Non-QM lender in the United States, Stratton Equities is looking to grow its licensed loan officer team. - September 29, 2022 - Stratton Equities
A-Team Group Names Winners of Data Management Insight Awards – USA 2022
A-Team Group announced the winners of its inaugural Data Management Insight Awards – USA 2022 today. - September 23, 2022 - A-Team Group
SkySparc Announces Certification as FIS Integrity Consultancy
SkySparc, a business consultancy, is delighted to announce a major step forward in the development of its FIS services to clients with the completion of its certification as an authorized FIS Integrity consultancy. - September 22, 2022 - SkySparc
Bucharest Stock Exchange and Depozitarul Central Launch the Online Investors Enrollment Platform
Bucharest Stock Exchange (BVB) and Depozitarul Central announce the launch of the Investors Enrollment Platform, a solution built entirely on the Aurachain low-code platform and integrated with eVOTE to facilitate fast onboarding, easy participation and single-click online voting for shareholders and investors in General Shareholders Meetings. - September 22, 2022 - Aurachain AG
Spencer Savings Bank Partners with Habitat for Humanity to Help Fulfill Homeownership Dreams
Spencer Savings Bank recently partnered with Habitat for Humanity of Bergen County to help fulfill local homeownership dreams. The nonprofit helps families build and improve places to call home and provides a “hand up” to community members in need. Spencer employees volunteered their... - September 15, 2022 - Spencer Savings Bank
Mobiloil Credit Union Partners with iGrad to Offer the Enrich Personalized Financial Wellness Program to Its 72,000 Members
Enrich is used by more than 20,000 employers and more than 300 financial institutions nationwide with artificial intelligence technology that engages each user with the most relevant content based on financial situation and stage of life. - September 13, 2022 - iGrad
Spencer Savings Bank Wraps Up “Movies Under The Stars” Series; Hosts Free Outdoor Movie Nights
Spencer Savings Bank recently wrapped up its annual “Movies Under The Stars” series, hosting two free outdoor movie nights for the community in Lodi and Elmwood Park. In June and July, the bank partnered with the Borough of Lodi and the Elmwood Park Recreation Department to host the... - September 11, 2022 - Spencer Savings Bank
Learn.net Appoints Stephanie Crowe as New Chief Executive
Learning technology provider Learn.net appoints new chief executive, Stephanie Crowe. - September 01, 2022 - Learn.net
PCV Murcor Announces David Schiffmayer as Senior Vice President of Operations
PCV Murcor, a nationwide real estate valuations management company, is pleased to announce the hiring of David Schiffmayer to serve as Senior Vice President of Operations. Schiffmayer, with over 18 years in the appraisal industry, will oversee PCV’s Operations Management, Client Services,... - August 30, 2022 - PCV Murcor
Retirement Plan Advisors Expands Participant Advice Solutions
Retirement Plan Advisors' partnership with Stadion Money Management and EPIC Retirement Plan Services brings professional asset management and participant personalization to more working Americans. - August 30, 2022 - Retirement Plan Advisors
Accounting Business Solutions by JCS Guides, Trains and Supports Small Businesses Before, During and After the Sage Partner Cloud Migration Process
As a Sage 100 Certified Hosting provider and Certified Hosting Partner, Accounting Business Solutions by JCS fully accommodates new and current Sage 100 users who realize it’s time to migrate to the cloud but aren’t sure how to do it or where to begin. With customer-centric attention and dedicated experience, Accounting Business Solutions guides small businesses through each step before, during, and after the Sage 100 cloud migration process. - August 18, 2022 - Accounting Business Solutions by JCS
City National Bank Partners with iGrad to Offer the Enrich Personalized Financial Wellness Program to Its 150,000 Members
City National Bank has teamed up with San Diego-based financial education company iGrad to offer the award-winning Enrich™ financial wellness platform to its 150,000 members. Based in Charleston, W.V., City National Bank has 90 locations in West Virginia, Kentucky, Virginia and Ohio. City... - August 17, 2022 - iGrad
SkySparc Deepens Strategic Finance Sector Expertise with Mindbanque Acquisition
SkySparc, an independent solutions provider, is delighted to announce the completion of its acquisition of Mindbanque, a specialist in strategic, operational and transformation consultancy focused on the Nordic finance sector. - August 16, 2022 - SkySparc
Laurel Bank Machines Exhibits at 2022 Jack Henry Connect, August 30 - September 1 at San Diego Convention Center
Jack Henry connects people with financial institutions and solutions to serve their communities, along with an annual educational conference and technology showcase as an extension of its commitment to strengthening connections and forging relationships. The conference is a wonderful opportunity for banks, credit union leaders, and representatives to connect with technology partners, Jack Henry leadership and each other to discuss, grow, and learn together. - August 16, 2022 - Laurel Bank Machines
Mars Bank’s Drenchko Appointed to Regional Office
Mark Drenchko, Senior Vice President, Chief Commercial Officer at Mars Bank, has been elected group chair of the Pennsylvania Bankers Association (PA Bankers’) Group One. The groups within the state are defined by geography and play a significant role in the nominating process, banker... - August 12, 2022 - Mars Bank
Crypto Lists Reach 150 Deposit Methods
Crypto Lists Ltd comparison reach 150 different funding providers, to make it simple for potential cryptocurrency investors to get started. The methods shown are available from around the world and range from credit- and debit cards to e-wallets and cryptocurrencies. - August 10, 2022 - Crypto Lists Ltd.
Introducing First Fidelity Guarantee, a Financial Services Firm Proficient in CD Brokerage, IRA and Money Market Accounts
First Fidelity Guarantee is a certificate of deposit brokerage firm that is proficient in the business of placing deposits or facilitating the placement of deposits of third parties with FDIC insured depository institutions. Simplified for the layman, a brokered CD is a certificate of deposit... - August 08, 2022 - First Fidelity Guarantee
Spencer Savings Bank Awards $30,000 in Scholarships to Local Students
Spencer Savings Bank is pleased to announce that it has awarded $30,000 in scholarships to high school and middle school graduating students in Bergen, Passaic, Union, Mercer, Morris, and Essex counties. The bank has awarded almost $600,000 in scholarships to local students since 2002. “We... - July 29, 2022 - Spencer Savings Bank
Leadership GBA Board of Directors Elects and Installs Officers and Directors
Members of the Georgia Bankers Association (GBA) have elected and installed officers and five new members to the Leadership GBA Board of Directors for the 2022-2023 fiscal year. Candice Nanney, vice president and controller with Peach State Bank & Trust in Gainesville, was installed as chair. - July 23, 2022 - Georgia Bankers Association
Buying Crypto with Unusual Deposit Methods
The number of investors in cryptocurrency is increasing daily, and many are finding their way through unusual deposit methods. Crypto Lists assist beginners and advanced users to find the best funding options available thought GEO-IP-based suggestions. - July 20, 2022 - Crypto Lists Ltd.
City of Cleveland Now Offering Enrich Financial Wellness Platform to Employees
Enrich is part of the city’s Wealth Works Financial Wellbeing Program, a component of the Wellness Works Program that was developed to improve work performance, increase accountability, reduce absenteeism and decrease healthcare costs. - July 19, 2022 - iGrad
Advanced Wellbeing Offers Financial Therapy for Financial Wellbeing
Rick Kahler of Advanced Wellbeing is a fee-only Certified Financial Planner (CFP), one of the first Certified Financial Therapists-Level I (CFT-I™) in the nation, and a Certified Internal Family Systems (IFS℠) Practitioner. He and his team serve the needs of an international clientele with expertise in a unique approach to financial therapy. - July 14, 2022 - Advanced Wellbeing
Loan Tips for Home Loan Borrowers Series-1 by the Monei Matters, India
Monei Matters is an Indian reputed and well established housing loan syndication company and has expertise in all types of mortgage Loans. Money Matters is providing home loan solutions to its customers since 1996. The Loan Education Series by the Monei Matters, India is in the interest of Home... - July 14, 2022 - Monei Matters
United Teletech Financial Federal Credit Union Partners with iGrad to Offer the Enrich Personalized Financial Wellness Program to Its 25,000 Members
Enrich is used by more than 20,000 employers and more than 300 financial institutions nationwide, with artificial intelligence technology that engages each user with the most relevant content based on financial situation and stage of life. - July 12, 2022 - iGrad
Sponsorship Announcement: Thank You WSFS Bank/BRYN MAWR Trust
Heart To Heart with Adoptees. - July 02, 2022 - Adoptions From The Heart
U.S. Chamber of Commerce Foundation Partners with iGrad to Offer Financial Wellness Education to More than 10,000 Veterans
Enrich is used by more than 20,000 employers and more than 300 financial institutions nationwide, featuring multiple dynamic tools and courses to deliver a highly personalized and interactive learning experience. - July 01, 2022 - iGrad
JKS Financial Sponsors Program to Teach High School Students Investment Skills
28 Students From Lincoln Park Performing Arts Charter School Create First Generation Investors Club. - June 30, 2022 - JKS Financial
ETOKEN Announces Initial Coin Offering
ETOKEN would like to announce its initial offering of tokens; the tokens use the Binance Smart Chain. This allows for low cost and speed of trading while utilizing one of the largest block chain protocols. - June 28, 2022 - ETOKEN
Gujarat Government Signs MOU with Entigrity, Commits Up to 150 Crore Investment
Ahmedabad-based outsourcing and fintech company, Entigrity Pvt. Ltd entered into a partnership with the Government of Gujarat. They aim to invest 150 crores and create 3000 jobs in the IT & Outsourcing Industry of the state. Entigrity Pvt. Ltd. is a global leader in outsourcing for accounting... - June 27, 2022 - Entigrity Private Limited
GBA Elects and Installs Officers and Directors to Its Board
Members of the Georgia Bankers Association (GBA) have elected and installed officers for the 2022-2023 fiscal year and added seven members to its board of directors. At the 130th GBA Annual Meeting, June 15, C. Rhodes McLanahan, CEO, First American Bank & Trust Company, Athens, was installed... - June 23, 2022 - Georgia Bankers Association
Soakmont Group Announces LOI with a Canadian Regulated Financial Institution
This groundbreaking agreement brings together blockchain and financial expertise under a regulated environment. - June 17, 2022 - Soakmont Group Inc.
The Relationship Between ESG and Fraud
From challenges in navigating ESG transition risk to avoiding fraudulent funds, innovation brings us closer to having hope on the horizon. - June 16, 2022 - Fraud Doctor LLC
A-Team Group Names Winners of 2022 TradingTech Insight Awards USA
A-Team Group announced the 2022 winners of its acclaimed TradingTech Insight (TTI) Awards USA today. These annual awards recognise excellence in trading solutions and services for capital markets, and focus on vendors providing exceptional and innovative trading infrastructure, technology, and data... - June 16, 2022 - A-Team Group
Aliso Niguel Mortgage is Proud to Start Offering Short Term Working Capital Financing to Qualified Businesses on June 15, 2022
Many successful businesses find time-to-time that they become cash strapped and need a quick cash infusion. Getting a business line of credit from their bank can be challenging and time consuming with a voluminous amount of paperwork. This is where the short-term working capital financing is... - June 13, 2022 - Aliso Niguel Mortgage
Independent Operational Fiduciary Launches Its First Pooled Employer Plan
Group Plan Systems, LLC (GPS), an independent operational fiduciary for employer-sponsored retirement plans, has signed an agreement with JULY Business Services (JULY) to serve as recordkeeper and third-party administrator to a Pooled Employer Plan (PEP) for which GPS will serve as the Pooled Plan... - June 09, 2022 - Group Plan Systems
Last Mile Delivery Platform FetchGoat Selected for Microsoft for Startups Program
Microsoft for Startups accelerates companies by providing founders the technology, guidance, and support from the idea stage to the exit stage. - June 08, 2022 - FetchGoat
Premier Industry Trade Organizations Increase Momentum Behind Annuity Awareness Month
NAFA Leads Continued Growth of National Annuity Education Initiative - June 07, 2022 - NAFA, National Association for Fixed Annuities
DC Central Kitchen Prepares to Move Into the House That Good Business Built
Iconic DC-Based Social Enterprise Nonprofit Secures New Markets Tax Credit Investment to Help Bring the Kitchen Home to New Klein Center for Jobs & Justice Later This Year. - June 07, 2022 - DC Central Kitchen
United Capital Partners Sources $15MM Revolving Line of Credit for Customer
United Capital Partners sources a $15MM revolving line of credit for a South American customer in the cellular mobile sector. - May 31, 2022 - United Capital Partners
Alternative Liquidity Index LP Announces Offer to Purchase Class A-1 Notes, of Zohar III, Limited
Alternative Liquidity Index, LP, has announced an offer to purchase for cash, up to a maximum principal amount of $150,000,000 in the Class A-1 Notes of Zohar III, Limited. The Issuer and its affiliates have gone through a long and contentious bankruptcy process lasting for several years, and this offer provides an opportunity for investors to get liquidity for their investment. - May 26, 2022 - Alternative Liquidity GP LLC
A-Team Group Names Winners of RegTech Insight Awards - Europe 2022
A-Team Group announced the winners of its acclaimed RegTech Insight Awards – Europe 2022 today. - May 26, 2022 - A-Team Group