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.

CoastHills Credit Union Partners with iGrad to Offer the Enrich Personalized Financial Wellness Program to Its 72,000 Members

CoastHills 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. - March 03, 2022 - iGrad

Houston Startup GasCap Launches Exciting New Service for Small & Midsize Transportation Companies

GasCap, a Houston-based fintech startup, proudly announced the launch of its new fuel hedging platform that lets small and mid-sized transportation companies manage their fuel price costs. - March 02, 2022 - GasCap

Homeowner Foreclosure Help Protects and Defends Struggling Homeowners. New Consumer Defense Program Helps Homeowners Fight Back and Save Their Home from Foreclosure.

Homeowner Foreclosure Help Protects and Defends Struggling Homeowners. New Consumer Defense Program Helps Homeowners Fight Back and Save Their Home from Foreclosure.

COVID mortgage relief is over and banks are now foreclosing on homeowners at an alarming rate. Foreclosure Rates are up 139% since January of last year when foreclosure activity remained low due to the pandemic-related moratorium on foreclosures. Homeowner Foreclosure Help provides a lifeline for homeowner’s still facing foreclosure after the government COVID moratorium stops protecting them. - March 01, 2022 - Homeowner Foreclosure Help

HULT Private Capital Evaluates Economic Resistance to Russia’s Invasion of Ukraine

HULT Private Capital Evaluates Economic Resistance to Russia’s Invasion of Ukraine

The inescapable news of Russia’s invasion of Ukraine last week has sent shockwaves across the globe. As the world watches on in disbelief, HULT Private Capital looks at the responsive action being taken by the UK and the US and the sanctions being invoked as well as the impact on the markets. - March 01, 2022 - HULT Private Capital

BDA Advises Toshiba on the Sale of Toshiba Transmission & Distribution Europe to Mutares

BDA Partners is pleased to announce that its client, Toshiba Energy Systems & Solutions Corp., a 100% subsidiary of Toshiba Corp., has sold Toshiba Transmission & Distribution Europe SpA (“TTDE”) to Mutares SE & Co KGaA (“Mutares”). Terms of the transaction were... - February 22, 2022 - BDA Partners Ltd

Frank Mayer Manufactures New Bill Payment Kiosk

Frank Mayer Manufactures New Bill Payment Kiosk

The kiosk and display company adds the Gateway bill payment kiosk to its lineup of standard self-service kiosk solutions. - February 22, 2022 - Frank Mayer and Associates, Inc.

A-Team Group Names 2022 TradingTech Insight Europe Award Winners

A-Team Group announced the winners of its acclaimed TradingTech Insight (TTI) Europe Awards today. - February 22, 2022 - A-Team Group

American Debt Enders Saves Clients from Deceptive Collectors with Legal Support at Low Costs

American Debt Enders Saves Clients from Deceptive Collectors with Legal Support at Low Costs

The licensed credit counselors help clients get ahead of debt collectors in violation of FDCPA guidelines when collecting debts. - February 21, 2022 - American Debt Enders LLC

Commercial Private Equity Now Provides Transaction Evaluation Within 24 Hours so Their Clients Can Close the Deal Within Days

Commercial Private Equity Now Provides Transaction Evaluation Within 24 Hours so Their Clients Can Close the Deal Within Days

The private money lending firm is helping clients close commercial real estate transactions within days with their customizable financing solutions. - February 21, 2022 - Commercial Private Equity

Under Completes Seed Funding

Under Completes Seed Funding

Fin-Tech startup, Under, raises $2m in seed funding. - February 18, 2022 - Under, Inc.

BDA Advises Pollination on US$50m Series B Capital Raise & Strategic Partnership with ANZ

BDA Partners is pleased to announce that its client, Pollination, has raised US$50m as part of an ongoing Series B capital raise, and has entered into a strategic partnership with ANZ, a top 50 global bank based in Australia, to drive the transition to net zero in Asia Pacific. BDA Partners was... - February 16, 2022 - BDA Partners Ltd

Crystal Ball Markets Enables Traders to Trade Energy Commodities Using CFDs

Crystal Ball Markets Enables Traders to Trade Energy Commodities Using CFDs

The online trading platform allows traders to take a position on their preferred energy commodities via CFDs. - February 16, 2022 - Crystal Ball Markets

SkySparc Migrates OmniFi to Cloud-Based Service Model

SkySparc Migrates OmniFi to Cloud-Based Service Model

SkySparc, an independent solutions provider, has implemented its OmniFi solution for a major European corporate client on a software-as-a-service (SaaS) basis, via Microsoft Azure. - February 16, 2022 - SkySparc

National Van Lines Releases Domestic Migration Report

National Van Lines Releases Domestic Migration Report

National Van Lines has released their 2022 Domestic Migration Report, which chronicles moving trends in the US during the last ten years. This report offers unique updates each quarter via National Van Lines’s proprietary migration intent data. Using data from the US Census as well other... - February 15, 2022 - National Van Lines

Retirement Plan Advisors Announces Participant Advice Solutions

Retirement Plan Advisors Announces Participant Advice Solutions

New initiative brings independent fiduciary advice and customized investment solutions to public sector employees. - February 15, 2022 - Retirement Plan Advisors

Emerson College Launches iGrad Student Financial Literacy Platform

Emerson College Launches iGrad Student Financial Literacy Platform

The award-winning iGrad platform is used by more than 600 public and private colleges and universities of all sizes, including Columbia University, UC Berkeley, New York University and Davidson College. - February 15, 2022 - iGrad

EBizCharge Named Second Best Online Payment Platform Company by topcreditcardprocessors.com for February 2022

EBizCharge Named Second Best Online Payment Platform Company by topcreditcardprocessors.com for February 2022

The independent authority on merchant services vendors, topcreditcardprocessors.com, has announced EBizCharge as the second best top-rated Online Payment Platform company for the month of February 2022. - February 14, 2022 - topseos.com

BEST Welcomes Their New Director of Business Development & Training

Kevin A. Nourizadeh, JD, LL.M. has recently joined Broker Educational Sales & Training, Inc. (BEST) as their Director of Business Development & Training. - February 11, 2022 - Broker Educational Sales & Training, Inc.

Verb(TM) Presents Speaker Series: “Improving Your Retirement Plan: Time for a Re-Design?”

Verb(TM) Presents Speaker Series: “Improving Your Retirement Plan: Time for a Re-Design?”

Patrick Collar, a Principal with Nicholas Pension Consultants, will be the Verb™ Presents Speaker Series featured guest on Tuesday, February 22, 2022 at 5:30 pm (Pacific Time). His talk (“Improving Your Retirement Plan: Time for a Re-Design?”) will focus on critical issues facing small and medium-sized business owners. - February 10, 2022 - Silicon Private Wealth

American Debt Enders Allows Consumers to Become Debt Free

American Debt Enders Allows Consumers to Become Debt Free

American Debt Enders provides different financial services to debtors, helping them get efficiently rid of their debt. - February 10, 2022 - American Debt Enders LLC

Banking Industry Veteran, Gerard “Jerry” Colaluca, Joins MB Schoen & Associates as Chief Bank Strategist

MB Schoen & Associates, Inc., (“MBSA”) a leading institutional insurance consultancy, is pleased to announce that Gerard “Jerry” Colaluca, a well-respected, 35-year banking industry veteran, has joined the firm as Senior Vice President, Chief Bank Strategist. Jerry will... - February 09, 2022 - MB Schoen & Associates, Inc.

Allegacy Federal Credit Union Partners with iGrad to Offer the Enrich Personalized Financial Wellness Program to Its Over 166,000 Members

Allegacy Federal Credit Union Partners with iGrad to Offer the Enrich Personalized Financial Wellness Program to Its Over 166,000 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. - February 08, 2022 - iGrad

Ruling Issued by the L.A. Superior Court in Gerard Soussan vs. Wells Fargo Bank

In November 2021, in the case, Gerard Soussan vs. Wells Fargo Bank (case # 21SMCV00803), the Los Angeles Superior Court ruled in favor of the plaintiff, Attorney Gerard Soussan, thereby allowing the plaintiff to move forward in his litigation and claims against Wells Fargo for the bank’s... - February 04, 2022 - Law Offices of Gerard Soussan

iGrad Launches Financial Literacy Platform for San Francisco State University Students

iGrad Launches Financial Literacy Platform for San Francisco State University Students

Based on artificial intelligence and proprietary algorithms, iGrad personalizes financial information for each student’s situation and needs. iGrad is currently used by more than 600 public and private colleges and universities of all sizes, including San Jose State University, UC Berkeley, New York University and Davidson College. - February 04, 2022 - iGrad

F&A Federal Credit Union Partners with iGrad to Offer the Enrich Personalized Financial Wellness Program to Its 47,000 Members

F&A Federal Credit Union Partners with iGrad to Offer the Enrich Personalized Financial Wellness Program to Its 47,000 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. - February 04, 2022 - iGrad

PayArc Named Best Credit Card Processing Company by topcreditcardprocessors.com for February 2022

PayArc Named Best Credit Card Processing Company by topcreditcardprocessors.com for February 2022

The independent authority on merchant services vendors, topcreditcardprocessors.com, has announced PayArc as the top-rated credit card processing company for the month of February 2022. - February 04, 2022 - topseos.com

CreditCardProcessing.com Named Best Flat Rate Credit Card Processing Company by topcreditcardprocessors.com for February 2022

CreditCardProcessing.com Named Best Flat Rate Credit Card Processing Company by topcreditcardprocessors.com for February 2022

The independent authority on merchant services vendors, topcreditcardprocessors.com, has announced CreditCardProcessing.com t as the top-rated Flat Rate Credit Card Processing firm for the month of February 2022. Companies featured in the rankings have shown their ability to consistently offer... - February 03, 2022 - topseos.com

TM Marlowe Group Report Shows Chinas GDP Growth Faltering

Chinas economic growth encountered a slowdown last year, a report by TM Marlowe Group pointed to a failing property sector and renewed Covid woes as the primary causes. - February 01, 2022 - TM Marlowe Group

Valucentric Adopts Name of International Parent Company, Opteon

Recently acquired staff appraiser valuation firm to be known as Opteon Appraisal, Inc. - February 01, 2022 - Opteon

Flagship Merchant Services Named Best Online Credit Card Processing Company by topcreditcardprocessors.com for February 2022

Flagship Merchant Services Named Best Online Credit Card Processing Company by topcreditcardprocessors.com for February 2022

The independent authority on merchant services vendors, topcreditcardprocessors.com, has announced Flagship Merchant Services as the top-rated Online Credit Card Processing firm for the month of February 2022. Companies featured in the rankings have shown their ability to consistently offer... - February 01, 2022 - topseos.com

American Debt Enders Celebrate 14 Years of Providing Debt Validation and Credit Restoration Services

American Debt Enders Celebrate 14 Years of Providing Debt Validation and Credit Restoration Services

The company hits a new milestone and becomes one of the most trusted names in the debt dispute industry in the US. - January 29, 2022 - American Debt Enders LLC

Alternative Liquidity Index Announces Offer to Purchase Shares in alpha-En Corporation

Alternative Liquidity Index LP has announced an offer to purchase up to 2,000,000 Shares of alpha-En Corporation at a premium to the most recent trading price. - January 28, 2022 - Alternative Liquidity GP LLC

United Capital Secures Terms for a $200MM Term Debt & Growth Capital Facility

United Capital secures terms for a high growth entity in the digital streaming sector. - January 28, 2022 - United Capital Partners

BDA and William Blair Advise EQT on Sale of ELEVATE to LRQA

BDA Partners is pleased to announce that EQT, advised by BDA in conjunction with William Blair, has agreed to sell its majority stake in ELEVATE to LRQA via its EQT Mid Market Fund. Under the transaction, ELEVATE will be acquired by LRQA and Ian Spaulding, who has led the successful growth of... - January 27, 2022 - BDA Partners Ltd

NAFA Appoints 2022 Board of Directors

NAFA Appoints 2022 Board of Directors

Annuity Leaders Poised to Navigate Continued Uncertainty, Pending and Potential Regulatory Changes - January 24, 2022 - NAFA, National Association for Fixed Annuities

Global Capital Partners Fund Sustains the American Hospitality Industry Amid Global Crisis

Global Capital Partners Fund Sustains the American Hospitality Industry Amid Global Crisis

The commercial lender continues acquisition funding programs, undeterred. - January 24, 2022 - Global Capital Partners Fund LLC

Spencer Savings Bank Donates $75,000 to the American Red Cross to Support Communities Across U.S. in Wake of Recent Tornado Devastation

Spencer Savings Bank, a leading New Jersey-based community bank, is donating $75,000 to the American Red Cross to support communities across U.S. in wake of recent tornado devastation. Last month, dozens of tornadoes ripped across multiple states (Arkansas, Illinois, Indiana, Kentucky, Missouri and... - January 21, 2022 - Spencer Savings Bank

Market Broker Financial District of London – 2023

The Global Operations Manager said yesterday, London is the next sensible choice for an office due to its strategic time zone in Europe. European clients will be able to access staff at our London office and carry out transactions during London trading hours. This will alleviate waiting time for transaction/research information from our Tokyo or New York offices. Our main objective is to ensure that our existing clients get timely service and access that they need. - January 18, 2022 - Market Broker

Market Broker Helping NYC with Food Insecurity

The Market Broker Giving Foundation has recently teamed up with a few outstanding local New York charities to raise money (and awareness) and donate food to food banks and other local food charities, where food will be distributed to those with food insecurities. - January 17, 2022 - Market Broker

After Four Years in Payments Innovation, PAYARC Rebrands Its Image to Strengthen Its Commitment as a Leading Technology, Financial, and Payment Solutions Provider

To successfully embody fintech's growth as an organization, the rebrand includes a new look, logo, and website across all platforms. - January 12, 2022 - PAYARC

Dominick Prevete of Blue Sky Capital Advisors Arranges $1,612,000 of Financing for an Office/Retail Property in West Palm Beach, Florida

Dominick Prevete of Blue Sky Capital Advisors Arranges $1,612,000 of Financing for an Office/Retail Property in West Palm Beach, Florida

Dominick Prevete has arranged a $1,612,000 loan for the cash-out refinance of an office/retail property in West Palm Beach, Florida. Leveraging his relationship with a leading investment management firm, Prevete was able to arrange attractive terms including a 30 year fixed rate loan. - January 11, 2022 - Blue Sky Capital Advisors LLC

American Debt Enders Provides an Innovative Approach to Debt Relief Nationwide

American Debt Enders Provides an Innovative Approach to Debt Relief Nationwide

The company’s debt dispute program popularizes as one of the most successful debt crisis resolution initiatives across the US. - January 11, 2022 - American Debt Enders LLC

Dubai-Based Flowershop.ae Launches Bitcoin Payments

Dubai-Based Flowershop.ae Launches Bitcoin Payments

Cryptocurrencies such as Bitcoin have swept the world by storm, leading to rapidly growing enterprise adoption while creating a new economy around e-Commerce payments. - December 30, 2021 - Flowershop.ae

Global Capital Partners Fund LLC is Expanding Investment Options with Impeccable Financial Loans

Global Capital Partners Fund LLC is Expanding Investment Options with Impeccable Financial Loans

The hard money lender introduces a host of short-term and long-term financing solutions for investors, developers, and builders. - December 27, 2021 - Global Capital Partners Fund LLC

Private Lender Joe Malvasio Goes International on Commercial Real Estate Financing

Private Lender Joe Malvasio Goes International on Commercial Real Estate Financing

The private commercial financer extends real estate loans to the world at large. - December 24, 2021 - Global Capital Partners Fund LLC

Joe Malvasio of GCP Fund Addresses Real Estate Volatility – Grants Quick Private Loans

Joe Malvasio of GCP Fund Addresses Real Estate Volatility – Grants Quick Private Loans

The private money lender tackles the seesawing real estate market through simple applications and quick approvals. - December 22, 2021 - Global Capital Partners Fund LLC

Clarisent Announces Clearpath Assessment a Comprehensive Approach to Financial Stewardship and Strategy

Clarisent has announced a free ClearPath Assessment exclusively for CEOs and executive leadership of established small businesses. - December 20, 2021 - Clarisent

GCP Fund’s Joe Malvasio Closes Massive $16.8 Million Deal on Residential Development Site in North Carolina

GCP Fund’s Joe Malvasio Closes Massive $16.8 Million Deal on Residential Development Site in North Carolina

The commercial lender adds a site for building homes to his growing list of acquisitions. - December 20, 2021 - Global Capital Partners Fund LLC

GCP Fund’s Joe Malvasio Creates History in North Carolina – Closes Multimillion-Dollar Deal

GCP Fund’s Joe Malvasio Creates History in North Carolina – Closes Multimillion-Dollar Deal

The asset-based lender reaffirms the development site’s potential by granting a staggering $16.8 million loan. - December 18, 2021 - Global Capital Partners Fund LLC

Global Capital Partners is Helping Struggling Businesses Get Back on Their Feet Post-COVID

Global Capital Partners is Helping Struggling Businesses Get Back on Their Feet Post-COVID

GCP Funds provides diverse private commercial lending solutions to the hardest-hit individuals and organizations. - December 16, 2021 - Global Capital Partners Fund LLC

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