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.
Ohio Deferred Compensation Now Offering Enrich Financial Wellness Platform to Current and Retired Participants
The Ohio Public Employees Deferred Compensation Program, a supplemental 457(b) retirement plan for all Ohio public employees, is offering the award-winning Enrich™ financial wellness platform to more than 243,000 Ohio DC participants. - June 30, 2021 - iGrad
University Lending Group and Rory Ballard Are Excited to Welcome Brian Powell as SVP/National Renovation Production Manager
University Lending Group continues to offer comprehensive mortgage services by focusing on providing personal and specialized services to meet each customer's specific needs. The addition of passionate and highly qualified mortgage renovation and construction specialists to their team, such as... - June 30, 2021 - University Lending Group
Beeks Wins MEMX Contract Following Competitive Review
MEMX selected Beeks as their new partner for latency monitoring of their new exchange. Beeks Group have been selected for latency monitoring of the new Members Exchange (MEMX), the fastest growing U.S. equities exchange, following their review of packet capture, latency and analytics solutions for Capital Markets. - June 30, 2021 - Beeks Group
Verb(TM) Presents Speaker Series: “A Clear-Eyed Review of Proposed Federal Tax Law Changes” with Michelle P. Scott, Esq.
Michelle P. Scott, Esq., author of “Biden’s Tax Plan: What’s Enacted, What’s Proposed,” will be featured on the Verb™ Presents Speaker Series, July 27, 2021, 12:00 pm (Pacific Time). Ms. Scott will address high notes from her recent, comprehensive article on The American Rescue Plan, The American Jobs Plan, The American Families Plan, and Biden’s efforts to fortify the IRS with fresh funding. Peter Coe Verbica, JD, CFP® of Silicon Private Wealth will be the moderator. - June 29, 2021 - Silicon Private Wealth
OpsMx Accelerates Continuous Delivery with Intelligent SaaS Solution
New SaaS solution leverages AI/ML to deliver intelligent software delivery at cloud scale. - June 22, 2021 - OpsMx Inc.
JC Rothchild General - NZ Economic Recovery Stronger Than Expected
Better than expected Q1 growth could prompt RBNZ to hike interest rates sooner, say economists at JC Rothchild General. - June 22, 2021 - JC Rothchild General
Kronos Wallet Adds Support for New Decentralized Social Media Network BitClout (CLOUT)
Kronos adds support for the new decentralized social media network BitClout. - June 19, 2021 - Denarius
Spencer Savings Bank President Jane Allerman-Rey Appointed to NJBankers Board of Directors
Spencer Savings Bank, a leading New Jersey-based community bank, is pleased to announce that President and COO Jane Allerman-Rey has been appointed a member of the New Jersey Bankers Association (NJBankers) Board of Directors. She has been elected for a two-year term. “It is an honor to be a... - June 19, 2021 - Spencer Savings Bank
SkySparc Named Technology Advisor of the Year in Central Banking’s Fintech Awards 2021
SkySparc, an independent solutions provider, has been named Technology Advisor of the Year in Central Banking’s 2021 FinTech & RegTech Global Awards, which recognize innovation in the central banking community. - June 17, 2021 - SkySparc
Bora Payment Systems Debuts Commercial Card Payment Technology for Western Alliance Bank
Western Alliance Bank is the newest Bora Reseller bank to offer the convenience of Payer Direct Hub card processing for their business clients. Effective immediately, Western Alliance customers can save A/P processing time and expense while making card the preferred form of payment for the suppliers they pay. - June 16, 2021 - Bora Payment Systems, LLC
A-Team Group Announces Winners of TradingTech Insight Awards – USA 2021
A-Team Group announced the winners of its TradingTech Insight Awards USA through a virtual event. The prestigious 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 15, 2021 - A-Team Group
PRFC Announces the Appointment of New Board Members
Collaboration in the fight against complex fraud continues with the Payment Risk & Fraud Consortium's new Board of Directors. - June 14, 2021 - Payments Risk & Fraud Consortium
Kyriba Expands Footprint in South African Countries with Digiata Partnership
Brings Treasury, Payments and Enterprise Liquidity Management Solutions to Sub-Saharan African Region; Expands and Enhances Localized Services and Support - June 12, 2021 - Digiata
Kuwait Finance House Spearheads RegTech in the GCC with Expanded Partnership with Codebase Technologies
Codebase Technologies (CBT), a global API banking solutions provider, has been selected by Kuwait Finance House Bahrain (KFHB), a pioneer in the global Shari’a banking space, to expand the bank’s digital market leadership with a streamlined regulatory reporting platform to enhance... - June 11, 2021 - Codebase Technologies
George Ballew Honored with a Lifetime Achievement Award and as a Professional of the Year by Strathmore's Who's Who Worldwide
George Ballew of Waynesboro, Virginia has been honored with a Lifetime Achievement Award and as a Professional of the Year for 2021 by Strathmore’s Who’s Who Worldwide Edition for his outstanding achievements and contributions in the field of finance. About George Ballew George Ballew... - June 10, 2021 - Strathmore Worldwide
Alcineo SAS Achieves Mastercard® MCL Tap on Phone Accreditation
Alcineo is proud to announce that it obtained the full certification for Mastercard® contactless MCL transactions via smartphone. According Mastercard®, Tap on Phone allows businesses to accept payments from any contactless card or mobile wallet right from their NFC-enabled device. With no... - June 10, 2021 - Alcineo
United Capital Partners Sources $150MM Debt Refinance Facility
United Capital Partners sources a $150MM debt refinance facility for a customer in the cannabis sector. - June 09, 2021 - United Capital Partners
Red Stone Lending LLC is a Startup in the Real Estate Funding Business
A Los Angeles based startup, Red Stone Lending LLC is actively assisting real estate investors with acquiring funding. The firm has experienced regular drama as they entered a volatile market impacted by the pandemic. They provide education and guidance to their clients and help them find the ideal funding for investments. - June 09, 2021 - Red Stone Lending
NAFA Partners with Fellow Industry Leaders for Annuity Awareness Month
Targeted Educational Initiatives Aim to Position Distributors and Producers to Help Increase Annuity Education Nationwide - June 01, 2021 - NAFA, National Association for Fixed Annuities
SkySparc Extends Multi-Year Relationship with Dutch State Treasury Agency
SkySparc, an independent solutions provider, has extended its partnership to supply consulting and support services to the Dutch State Treasury Agency (DSTA). - May 29, 2021 - SkySparc
GBA Announces 2021 Graduates of the Georgia Banking School
Thirty-seven Georgia bankers recently graduated from the Georgia Banking School. The graduation ceremony took place May 7 at the Georgia Center’s UGA Hotel and Conference Center in Athens, GA. Established in 1961, the Georgia Banking School is a three-year specialized school run by the... - May 28, 2021 - Georgia Bankers Association
Georgia’s Banks Turn in Solid First Quarter
The 156 FDIC-insured banks headquartered in Georgia reported strong first quarter performance as the economy and banking industry continue to recover from the pandemic. According the latest FDIC data, cumulatively the state’s banks earned $715.1 million in the first three months of this year,... - May 28, 2021 - Georgia Bankers Association
A-Team Group Launches RegTech Summit Virtual APAC in November
Due to popular demand, A-Team Group is expanding its highly successful RegTech Summit conference series with a virtual APAC event in November. - May 28, 2021 - A-Team Group
Shufti Pro Becomes Official Partners with Rockers Technology to Swiftly and Accurately Verify Investors from Across the Globe
Shufti Pro, an AI-powered identity verification service provider has now joined hands with Rockers Technology, a major software development company, to extend cutting-edge identity verification technology to its customers and other businesses worldwide for secure and smooth business... - May 27, 2021 - Shufti Pro
Announcing FINaplo: A New Disruptive Financial Messaging Solution for the Future of Payments
PaymentComponents is delighted to announce the launch of FINaplo, a game-changing platform for banks and financial institutions, aiming to dramatically accelerate financial messaging system's development and validation. This developer friendly platform represents a paradigm shift in how financial... - May 26, 2021 - PaymentComponents
Commonwealth of Massachusetts and iGrad Partner to Offer Enrich Financial Wellness Platform to Current and Retired State Employees
In the first statewide program of its kind, the Commonwealth of Massachusetts and San Diego-based financial education company iGrad have partnered to offer the award-winning Enrich™ financial wellness platform to 156,000 current and retired state employees. The Economic Empowerment Trust... - May 25, 2021 - iGrad
Anil Uzun Talks About the Data Security Issues FinTech Companies Are Facing
Anil Uzun talks about data security issues the companies face in the Financial Technologies sector at the time of a pandemic. - May 25, 2021 - Anil Uzun Investments
The Nathan Agencies Become Livictus Financial Services
The Nathan Agencies proudly announces its new name, Livictus Financial Services. The Nathan Agencies, a premier financial planning firm in Western Massachusetts, is changing its name to Livictus Financial Services. Christian Sulmasy, Owner of Livictus, stated, “We are excited about our... - May 25, 2021 - Livictus Financial Services
Verb(TM) Presents June 22, 2021 Event in Support of US Olympic and Paralympic Shooters
June is celebrated as “Great Outdoors Month.” In keeping with this tradition, Verb™ Presents and Silicon Private Wealth have teamed up for a day at bucolic Coyote Valley Sporting Clays to support the non-profit USA Shooting which supports US Olympian and Paralympian Shooters. - May 24, 2021 - Silicon Private Wealth
Shufti Pro Announces identity Verification Services on Salesforce AppExchange, the World's Leading Enterprise Cloud Marketplace
Shufti Pro’s customers can now benefit from digital identity verification for fraud prevention using salesforce. - May 20, 2021 - Shufti Pro
CompassMSP Announces Addition of Three Accomplished Leaders to Its Board of Managers
CompassMSP, LLC (“Compass”), a leading managed service provider with locations along the eastern seaboard and Midwest US, announced the appointment of Colin Cooper, former CEO of Whitcraft; Todd Fredrick, COO of Lease Accelerator; and Gary Pica, Founder and President of TruMethods. - May 19, 2021 - CompassMSP
David Scott Joins Meadows Bank as Regional President in Arizona
Meadows Bank announced today that David Scott has joined Meadows Bank as the Regional President in Arizona. David brings 18 years of commercial banking experience to his role overseeing the expansion of Meadows Bank’s commercial banking operations in the state. “David’s strong... - May 19, 2021 - Meadows Bank
A-Team Group Announces Winners of Regtech Insight Awards – Europe 2021
A-Team Group announced the winners of its Regtech Insight Awards Europe through a virtual event spanning the world’s time zones. - May 19, 2021 - A-Team Group
Aberdeen Advisors Welcomes Jud Parker to Its Mergers & Acquisitions Team
Former Business Owner and Private Banker, Jud Parker, Joins Aberdeen Advisors' Mergers & Acquisitions Team - May 18, 2021 - Aberdeen Advisors, Inc.
San Diego County Water Authority and iGrad Partner to Offer Enrich Financial Wellness Platform to Employees
The San Diego County Water Authority (SDCWA) and San Diego-based financial education company iGrad have partnered to offer the award-winning Enrich™ financial wellness platform to the SDCWA’s 255 employees and the employees of its 24 member agencies. The SDCWA was one of the 24 state... - May 18, 2021 - iGrad
BDA Expands Senior Team: Sanjay Singh Joins as Head of BDA India
BDA Partners is pleased to announce that Sanjay Singh has joined the firm as Managing Director and Head of BDA, India. He will lead the Mumbai office with BDA’s existing senior bankers in India. He will also co-head BDA’s Asian Healthcare team. Sanjay has over 20 years’... - May 17, 2021 - BDA Partners Ltd
Global Private Equity Partners Provides Financing for Development of One of Europe's Largest Wind Farm Projects in Several Locations
The Wind Farm Project is to have a combined capacity of over 150 MW, providing electricity to over 100,000 households from renewable energy sources. Global Private Equity Partners provides total funding of EUR 144 Million. Global Private Equity Partners holds 33% of the Corporate Shares which are... - May 17, 2021 - Global Private Equity Partners
Spencer Savings Bank Helps Feed Needy Community Members with Eva’s Village Donation
Spencer Savings Bank recently made a $2,500 donation to Eva’s Village to help feed community members. The organization’s Community Kitchen is serving to-go breakfast and lunch to over 400 individuals daily. This is in addition to serving 3 prepared meals a day to those residing in their... - May 15, 2021 - Spencer Savings Bank
Selma Bartlett Retires After 67 Years in Banking
Meadows Bank announced today that as of April 30, 2021, Selma Bartlett retired from her 67-year career as a bank officer here in Las Vegas. As one of the first female bank officers in the state of Nevada, Selma has been influential in the tremendous growth of Las Vegas, specifically Henderson. - May 13, 2021 - Meadows Bank
People’s Trust Federal Credit Union Launches Enrich Financial Wellness Platform to Its 30,000 Members
People’s Trust Federal Credit Union has partnered with San Diego-based financial education company iGrad to offer the award-winning Enrich™ financial wellness platform to its 30,000 members. Enrich is used by more than 20,000 employers and more than 300 financial institutions... - May 13, 2021 - iGrad
Lucrotec LLC Announces Free B2B Webinar
Discover how companies are improving their supplier payment processes and regaining valuable time for their teams. - May 13, 2021 - Lucrotec
Railsbank Partners with RationalFX as They Expand and Strengthen Product Suite for European Client Base
Railsbank, the leading global Banking-as-a-Service platform, has announced a collaboration with RationalFX, a major UK payments and foreign exchange provider, as the latter strengthens its product offering in Europe. - May 13, 2021 - RationalFX
First National Closes $22.7 Million Single Family Rental Development Loan in Chicagoland
First National, a financial industry independent lender with over 30 years of history, has closed another complex, multi-property residential development transaction. - May 12, 2021 - Kensington Nanny Service
Shufti Pro to Explore NFC Based Identity Verification in Its Coming Panel Webinar with Global Experts
An in-depth analysis of diverse aspects of NFC-based identity verification in a coming webinar on 10th June 2021. - May 11, 2021 - Shufti Pro
Codebase Technologies Enables More Intuitive P2P Payments with Digibanc™ Socialpay
Codebase Technologies, a leading Global Open API Banking Solutions provider, is proud to announce the launch of Digibanc™ SocialPay, a cutting-edge social peer-to-peer payments and fund transfers solution. Widespread adoption of a product or service in the digital age is heavily reliant on... - May 11, 2021 - Codebase Technologies
LemonadeLXP Teams with American Bankers Association to Upskill Members’ Marketing Staff
LemonadeLXP, the learning experience and digital adoption platform for financial institutions, has teamed with the American Bankers Association (ABA) to enhance ABA’s robust online learning platform to help upskill marketing staff within its member financial institutions in immersive and stimulating new ways. - May 07, 2021 - LemonadeLXP
Meadows Bank Reports Q1 2021 Financials and Shareholder Dividend
Meadows Bank, headquartered in Las Vegas, NV, announced today that it not only posted After Tax Net Income of $5,824,534 in the first three months of 2021 which was 56.5% higher than the $3,721,686 earned during the same period in 2020, but that it also recently paid a shareholder dividend. - May 06, 2021 - Meadows Bank
The First "Crypto Hotel" Presented by Hotel Manager Johannes Fritz Groebler / the First NFT Hotel Run on Ethereum
UNYCU accomplished a new chapter in its history with the unveiling of the Crypto Hotel. The Crypto Hotel is the first NFT (Non-Fungible Token) hotel worldwide. It exists only in digital form and is based on the Ethereum blockchain. There is no other hotel in the world that can be compared to the Crypto Hotel. As this hotel is digital, it can be enjoyed anywhere, anytime. - May 04, 2021 - Hotel Fritz Consulting
Experienced Hard Money Loan Firm, Harbor Equity, Promises Funding and Loans to Construction Contractors After the Pandemic
No more lengthy applications or long-winded review process, says Harbor Equity, one of Georgia’s leading hard loan providers. - April 30, 2021 - Harbor Equity
Harbor Equity Provides Transaction Evaluation Within 24 Hours for Residents in Utah, New Jersey, Indiana and Beyond
No more waits, no more queues - Harbor Equity responds to clients in only 24 hours. - April 30, 2021 - Harbor Equity