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.
FMPay Empowers UK Small Businesses with Simple & Secure Payment Solutions
FMPay, a licensed payment provider, is excited to announce its launch, offering small businesses across the UK a simple and secure way to handle payments. With no monthly fees, competitive transaction rates, and advanced fraud protection, FMPay is designed to help small businesses manage payments efficiently and affordably. - September 06, 2024 - FMPay
Ember Group Consulting Launches, Offering Transformative Solutions for Businesses
Ember Group Consulting LLC, a new global consulting firm specializing in organizational transformation and adaptive workforce solutions, officially launched today. The firm partners with visionary leaders to drive sustainable change and empower teams for peak performance. Leading Ember Group... - September 04, 2024 - Ember Group Consulting LLC
Versailles Group, Ltd. Announces the Successful Sale of MSK Precision Products, Inc. to CORE Industrial Partners Portfolio Company Precision X Group
Versailles Group, Ltd. announced the successful sale of MSK Precision Products, Inc. to PrecisionX Group, a portfolio company of CORE Industrial Partners. MSK, known for precision machining and assembly in sectors like medical and aerospace, was sold by Brinkman International Group as part of a strategic realignment. The acquisition will enhance PrecisionX's capabilities, expanding its reach in high-growth markets. Versailles Group acted as the exclusive financial advisor for the transaction. - September 04, 2024 - Versailles Group Ltd.
Planixs Realiti Poised for $1 Quadrillion Transaction Value
Planixs is the market leader in real-time, intraday cash, collateral, and liquidity management solutions. The fintech is delighted to announce a major milestone as its flagship product, Realiti, is poised to break through over $1 quadrillion in annual transaction value from customers across the... - September 04, 2024 - Planixs GRP Ltd
LetKnow Pay to Relaunch Bulgarian Blockchain Association, Aims to Restore Confidence in Blockchain Technology
LetKnow Pay, a leading EU-licensed and regulated crypto payment services provider, has announced its initiative to relaunch the Bulgarian Blockchain Association. - August 30, 2024 - LetKnow Pay
Onqix Revolutionizes Trading: Commission-Free, Subsecond Algorithmic Trading for All
Onqix today announced the launch of its groundbreaking trading platform, designed to democratize access to sophisticated algorithmic trading tools and help more people build financial security. Just as innovative companies revolutionized money management and private equity, Onqix is democratizing access to advanced trading strategies - completely commission-free. - August 28, 2024 - Onqix
Samsara Management Launches Wraith Capital Advisory Services to Revolutionize Debt Solutions
Samsara Management Inc. has launched Wraith Capital Advisory Services Inc., a new division focused on providing bespoke debt solutions for lower and middle-market transactions. Wraith Capital will offer customized financial products, including senior secured debt and mezzanine financing, supporting deals from $10 million to $500 million. The division will also assist regional banks with liquidity issues by purchasing notes and helping manage reserves. - August 28, 2024 - Samsara Management.com
Prism Tax & Accounting Services Welcomes Jennifer L. Kammeyer, CPA
Prism Tax & Accounting Services Welcomes Jennifer L. Kammeyer, CPA, to Anacortes Team - August 26, 2024 - Prism Tax and Accounting Services, LLC
Winbrook Donates $1,200 Worth of Items to the Italian Home for Children
Winbrook Inc., a leading provider of print and promotional product sourcing, brand management, and logistics, is proud to announce a generous donation of over $1,200 worth of items to the Italian Home for Children, located in Jamaica Plain, MA. This donation included a variety of toys, writing utensils and bags for the children, as well as thoughtful gifts for the dedicated staff. - August 24, 2024 - Winbrook
FSQN Token Raises Over $300k in Private Sale, Readies for Public Offering
Following the success of its private sale, where Fasqon raised over $300,000, the company is excited to announce the details of the upcoming public sale of its FSQN tokens. Fasqon, a leader in blockchain-based messaging and neobanking, proudly shares this milestone as a step towards transforming... - August 21, 2024 - Fasqon
Williams Asset Management Named Winner of the 2024 Baltimore Sun’s Best of Baltimore Award for the Second Year in a Row
Williams Asset Management is proud to announce that it has been named the 2024 Baltimore Sun’s Best of Baltimore Award winner. This recognition marks the second consecutive year that Williams Asset Management has received this honor, solidifying its position as a leading financial services... - August 19, 2024 - Williams Asset Management
Apiria Finance Leads with Robust Technological Advancements and Enhanced Fraud Prevention in Home Improvement Lending
Apiria Finance introduces an enhanced Loan Origination System and strengthened fraud prevention to improve efficiency and security in home improvement lending. By addressing key issues highlighted in recent industry reports, Apiria aims to refine lending processes and safeguard transactions, solidifying its role in the financial services sector. - August 15, 2024 - Apiria Finance
Invoiv.com Launches to Revolutionize Cash Flow Management for Small and Medium Businesses
New SaaS Platform Offers SMBs Innovative Tools for AP and AR, Helping Them Get Paid Up to 5X Faster. - August 13, 2024 - Invoiv.com
Metaprise to Use Currencycloud to Transform Cross-Border Payments for E-Commerce Businesses
Metaprise, a leading financial management solution platform, has announced it will use Currencycloud, a Visa solution, to promote global growth opportunities for US-registered e-commerce businesses. E-commerce businesses often encounter significant challenges when conducting operations... - August 13, 2024 - Metaprise
Reach Reporting Unveils AI Financial Reporting
Reach Reporting has launched its AI-Enhanced Reporting feature for all paid users. This innovation aims to revolutionize financial data presentation by providing precise, timely, and actionable insights. The AI technology eliminates guesswork in reporting, enhancing analytical capabilities for financial professionals. - August 08, 2024 - Reach Reporting
NexGen Networks Unveils Significant Fiber Capacity Upgrade to New York & New Jersey Metro Area Network Infrastructure
This enhancement is part of NexGen Networks' ongoing commitment to delivering cutting-edge technology solutions and exceptional service to its clients. NexGen’s strategic partnership with Infinera, a leader in intelligent transport networks, leverages innovative technologies to further enhance the capabilities of its upgraded infrastructure, ensuring superior performance and reliability. - July 26, 2024 - NexGen Networks
The Center for Cyber Diplomacy and Leadership (CCDL) Announces Strategic Partnership with George Washington University
The Center for Cyber Diplomacy and Leadership (CCDL), a pioneering initiative dedicated to enhancing global cybersecurity cooperation and leadership, particularly among African nations, is proud to announce its strategic partnership with The George Washington University School of Business (GWSB)... - July 24, 2024 - CCDL
Recordsure Launches Free AI Meeting Notes
Recordsure launched its new AI meeting notes feature, which is available free of charge to all Recordsure clients. This new feature allows financial services firms to turn their client conversations into compliant, actionable summaries – all achievable 80% faster than traditional manual admin methods allow. To celebrate this milestone, Recordsure also released open-source AI meeting code to everyone for free, levelling the GenAI meeting notes playing field. - July 15, 2024 - Recordsure
NexGen Networks Drives Strategic Action to Enhance Value and Customer Success
Strategic Initiatives Focused on Technology Advancements, Cybersecurity, and Customer Support - July 12, 2024 - NexGen Networks
Williams Asset Management Unveils a Dynamic Rebrand, Including a New Logo, Color Palette, and Website
Williams Asset Management, a leading investment firm in Columbia, Maryland, is proud to announce the launch of its rebranding initiative. This significant initiative marks a step forward for the company and includes the introduction of a new logo, a fresh color palette, and a redesigned website,... - June 28, 2024 - Williams Asset Management
Spring EQ Adds Fixed-Rate HELOC to Home Equity Loan Suite of Products
Spring EQ, a leading provider of home equity financing solutions, announced today that it has added Fixed Rate Home Equity Line of Credit (HELOC) products to its range of home equity and mortgage solutions. The Fixed-Rate HELOC product will offer 15-, 20- or 30-year terms, and be available across... - June 19, 2024 - Spring EQ
BDA Advises Amartha on Capital Raise from a Consortium Led by Accion
BDA Partners is pleased to announce that its client, Amartha, an Indonesian microfinance technology company, has successfully raised growth capital in a funding round led by Accion Digital Transformation Fund, with participation from Maj Invest and Women’s World Banking. The investment aims... - June 18, 2024 - BDA Partners Ltd
SaferMobility Announces Kevin Mullins as New CEO
SaferMobility, LLC appoints Kevin Mullins as CEO, bringing nearly 20 years of banking and leadership experience. Mullins, who has been a pivotal board member, will guide the company through its next phase of growth and innovation. His extensive background, including over 15 years as CEO of multiple companies, will drive the success of flagship products SafeBanker® and SafeResource®, which enhance employee protection and operational efficiency for financial institutions. - June 12, 2024 - SaferMobility
Williams Asset Management Announces the Promotion of Karissa Goessl to Director of Operations
Williams Asset Management is pleased to announce the promotion of Karissa Goessl from Investment Operations Specialist to Director of Operations. In her new role, Ms. Goessl will oversee the firm's client services department and securities trading, bringing her extensive experience and commitment... - June 07, 2024 - Williams Asset Management
Deschutes Investment Consulting Advisor Phil Sherman Wins National Award for Outstanding Plan Participant Service
Deschutes Investment Consulting is thrilled to announce that Phil Sherman, CFP®, CPFA®, NQPC™ one of our distinguished advisors, has received a national award for his exceptional service to 401(k) plan participants. This prestigious accolade, presented by Planadviser, acknowledges Phil's dedication to delivering outstanding education and support to retirement plan participants. - June 06, 2024 - Deschutes Investment Consulting, LLC.
Charles L. Cooper Honored as a Professional of the Year for 2024 by Strathmore’s Who’s Who Worldwide
Charles L. Cooper of Greeley, Colorado has been recognized as a Professional of the Year for 2024 by Strathmore’s Who’s Who Worldwide Edition for his outstanding contributions and achievements in the field of finance and retirement planning. About Charles L. Cooper Charles L. Cooper is... - May 31, 2024 - Strathmore Worldwide
Kris Maksimovich of Global Wealth Advisors Honored in Forbes Best of State for 2024
Global Wealth Advisors, a provider of financial services with offices in Texas, Pennsylvania and Colorado, announced that Kris Maksimovich has been named to the Forbes list of Best in State for 2024*. This marks the fourth time that Kris has received this distinction. The list is published on... - May 17, 2024 - Global Wealth Advisors
Spencer Savings Bank Welcomes New SVP, Director of Retail Sales/Service
Spencer Savings Bank is pleased to welcome MaryRose Genovese as Senior Vice President and Director of Retail Sales/Service. MaryRose will be responsible for leading the Retail Financial Center Network and Customer Service Center. She is a strong leader who is focused on providing a superior client experience as well as developing passionate talent within her team. - May 15, 2024 - Spencer Savings Bank
Tórónet Partners with NexeraID to Elevate Digital Transaction Security with Advanced KYC Integration
Tórónet, a trailblazer in providing cutting-edge technological solutions to underserved markets, announces a significant advancement in digital security through a strategic partnership with NexeraID that sets new benchmarks for secure and convenient financial transactions. This collaboration introduces Know Your Customer (KYC) integration, designed to enhance transaction security and support and empower African communities by ensuring access to safe, reliable financial services. - May 10, 2024 - Toro Software Development Corp.
A-Team Group Announces Winners of ESG Insight Awards 2024
A-Team Group has announced the winners of its ESG Insight Awards 2024. - May 09, 2024 - A-Team Group
Skysparc Has Appointed Nima Najafi as New Head of IT
SkySparc, a leading corporate and financial institutions solutions provider, has appointed Nima Najafi as its new IT Manager to accommodate its expanding business. - May 08, 2024 - SkySparc
Funding Souq Receives License from The Saudi Central Bank “SAMA” to Operate Debt Crowdfunding Platform in the Kingdom of Saudi Arabia
Funding Souq, SMEs financing & investment platform , is thrilled to announce that it has obtained a license from the Saudi Central Bank (SAMA) to operate its debt crowdfunding platform in the Kingdom of Saudi Arabia. - April 26, 2024 - Funding Souq
Compliant Workspace Helps Small Businesses Migrate to SharePoint
Compliant Workspace Facilitates Successful Migration to Microsoft SharePoint and Microsoft 365 for small businesses, Driving Digital Transformation and Enhancing Collaboration, Productivity, and Data Security. Key highlights include centralized data storage, enhanced collaboration, improved data security, and reduced IT overhead costs. Read more in our latest Whitepaper at www.compliantworkspace.com/resources or visit www.CompliantWorkspace.com for more information. - April 24, 2024 - Compliant Workspace
DOL Finalizes Plans for Fiduciary-Only Regime
New Rulemaking Package Ignores Industry Concerns, Puts Independent Annuity Professionals and Clients at Risk. - April 23, 2024 - NAFA, National Association for Fixed Annuities
Web3 Dubai Summit Concluded Successfully by RWA Finance
On April 17, “Web3 Summit” Dubai, co-hosted by RWA Finance, concluded successfully at the Atlantis Hotel. Thousands of innovators, technologists and financial experts from all over the world gathered in Dubai Palm Island to discuss the latest development trends of Web3, RWA and AI. RWA... - April 23, 2024 - RWA Finance
Strong Overall Growth Reported for SkySparc Provides Foundation for Modernization and Advancement
SkySparc, a leading corporate and financial institutions solutions provider, has reported solid financial performance in 2023, driven by strong growth across client acquisitions and new service offerings. - April 19, 2024 - SkySparc
Spencer Savings Bank Welcomes Vice President, Small Business Relationship Manager
Spencer Savings Bank is proud to welcome Matthew Anderson as Vice President, Small Business Relationship Manager to our Small Business Finance division. Our Small Business Finance division, recently formed, has been performing exceptionally well. We are excited to partner with Matthew in supporting our small business community throughout New Jersey. - April 18, 2024 - Spencer Savings Bank
Gary S. Williams of Williams Asset Management Honored in Forbes Best-In-State Wealth Advisors List for 2024
Williams Asset Management, an independent investment and financial planning firm in Howard County, Maryland, announced that its, CEO and President Gary Williams, CFP®, CRPC, AIF® has been named to Forbes’ Best-In-State Wealth Advisors list for 2024. The list is published on Forbes.com. - April 18, 2024 - Williams Asset Management
Concord Servicing Partners with Blu Opportunity, Qcells North America and SRC Digital Insurance Services to Support Orange Button
Will Increase Efficiency and Transparency in Renewable Energy Projects - April 17, 2024 - Concord Servicing
Cywreck Announces Groundbreaking Launch of Wreckbot AI: Your AI-Powered Guardian for Secure and Streamlined Development
Cywreck, a leader in cybersecurity solutions, today announced the highly anticipated launch of Wreckbot AI, a revolutionary AI assistant designed to empower developers with robust security and streamlined workflows. Wreckbot AI will be available for free trials starting later this month. - April 13, 2024 - Cywreck
NexGen Networks Expands Its Global Footprint with Additional Point of Presence in South Africa
A Vision for Global Connectivity. - April 12, 2024 - NexGen Networks
RWA Finance Launched VE Governance, Best Time to Capture Value
RWA Finance is the first RWA (Real World Asset Tokenization) project using the VE model. Users can get the veToken by locking RWAS in the VE pool, enjoying the right to community governance and token emission. - April 11, 2024 - RWA Finance
Spencer Savings Bank Celebrates Grand Opening in Edison
Spencer Savings Bank is proud to announce the grand opening of its newest financial center in Edison, NJ. The bank made a $5,000 donation to the Edison YMCA to help build strong kids, strong families, and strong communities. - April 10, 2024 - Spencer Savings Bank
Concord Servicing Asks Resorts to Take the Blackwell Challenge
Have you ever wondered if your resort could be collecting a higher percentage of accounts payable? Now there’s no reason for uncertainty. “We welcome the opportunity to match the collections results achieved by our Blackwell Recovery subsidiary against your current collections’... - April 10, 2024 - Concord Servicing
Alternative Payments Launches Revolutionary Open Banking Platform DPMax for a Simplified Payment Experience
Alternative Payments launches its revolutionary Open Banking Platform, DPMax, aimed at transforming the payments landscape. The company's new technology will boost local market presence and help US-based companies to become more competitive in the global market. Alternative Payments' goal is to... - April 04, 2024 - Alternative Payments
Spencer Savings Bank Welcomes Kashif Pervez as VP, Business Development Officer
Spencer Savings Bank is excited to announce Kashif Pervez, has joined the team as a Vice President, Business Development Officer. Kashif’s focus will be on identifying and cultivating long-term profitable business relationships in Edison, NJ and the surrounding markets. - March 30, 2024 - Spencer Savings Bank
Liberty Tax Announces Expansion of Its Leadership Team
Liberty Tax announces Michael Miller as Chief Operating Officer. - March 29, 2024 - Liberty Tax
Concord Servicing to Highlight Enhanced Capabilities at ARDA Convention
ARDA Attendees Urged to Meet with Concord in Las Vegas April 14-17 - March 28, 2024 - Concord Servicing
Kert Stevens Joins the Meadows Bank SBA Team as SVP, Business Development Officer in Utah
Meadows Bank announced today that Kert Stevens has joined Meadows Bank as an SBA, Senior Vice President, Business Development Officer. Kert brings nearly 25 years of commercial banking experience, specializing in SBA loans. - March 27, 2024 - Meadows Bank
Meet Zeta at CBA Live Conference 2024 to Unveil AI Banking Solutions
Zeta, a leading provider of next-generation card processing solutions, is excited to announce its participation as a Diamond Sponsor at the upcoming CBA Live 2024 conference, taking place March 25-27, 2024, at the Gaylord National Resort & Convention Center in National Harbor, Maryland. Zeta... - March 22, 2024 - Zeta