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Banking / Financial Services

Releases published in the last 30 days.

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World Economic Forum Annual Meeting 2015 to Address The New Global Context
10/3/2014 9:33:13 AM
2,500 leaders from business, government, international organizations, civil society, academia, media and the arts will convene in Davos-Klosters in January for the World Economic Forum’s 45th Annual Meeting The theme, The New Global Context, reflects the current period of profound political, economic, social and technological change Meeting will advance over 50 Forum-led …
Canada’s leading equipment finance company donates $15 million to help build new patient care tower for critically ill patients at St. Michael’s Hospital
Canada’s leading equipment finance company donates $15 million to help build new patient care tower for critically ill patients at St. Michael’s Hospital
10/3/2014 9:26:06 AM
Element Financial Corp. announced today that it is donating $15 million toward the construction of a new patient care tower for critically ill patients at St. Michael’s Hospital in downtown Toronto. The 17-storey tower is being purposely designed to transform patient care as St. Michael’s seeks to become the premier critical care hospital in Canada. “The services provided by …
IFC Forum Promotes Corporate Governance to Help Companies Improve Performance
10/3/2014 9:17:11 AM
IFC, a member of the World Bank Group, together with the Central Bank of Azerbaijan and the Azerbaijan Bank Training Center, held a forum today promoting good corporate governance practices to boost investment and growth for Azerbaijani companies. The Corporate Governance Forum in Baku, organized by IFC’s Corporate Governance Program in Europe and Central Asia and supported …
CFPB Announces Project Catalyst Research Pilot on Tax-Time Saving
10/2/2014 6:04:08 PM
Today, the Consumer Financial Protection Bureau (CFPB) announced a Project Catalyst research pilot to explore ways to encourage saving among consumers at tax time. The pilot will focus in particular on tax-time saving practices among low-income consumers in order to help them improve their long-term financial well-being. The initiative will inform work at the Bureau to promote …
Basware signs accounts payable automation and e-invoicing agreement with leading security company in North America
10/2/2014 6:02:26 PM
Basware signs accounts payable automation and e-invoicing agreement with leading security company in North America Basware has signed an agreement with a major security company in North America to provide its cloud based accounts payable and e-invoicing services. The agreement includes invoice automation and 100% inbound e-invoicing services. Basware is also providing …
Navdy Announces $6.5 Million Seed Round Led by Upfront Ventures
10/2/2014 1:30:26 PM
SAN FRANCISCO – (October 2, 2014) — Today the creators of Navdy , the breakthrough Head-Up Display (HUD) for any car , are announcing the company has closed $6.5 million in Seed Round funding, led by Upfront Ventures . This was the company’s first ever round and was highly oversubscribed, nearly 3X the original plans for raising $2.4 million. Other participating funds …
Whistleblowers Blog Series: “Whistleblowers Are Key to the DOJ’s Ability to Protect the Taxpayers from Fraud”
10/2/2014 1:17:30 PM
A new installment of the  Whistleblowers  Blog’s  25 part series on the False Claims Act was published today.  “Whistleblowers Are Key to the DOJ’s Ability to Protect the Taxpayers from Fraud”  is the third post in this series.  The purpose of this series is to combat the U.S. Chamber of Commerce’s well-financed and aggressive lobbying campaign to undermine America’s most …
Bank of America Merrill Lynch Recognised for Treasury Excellence by EMEA Finance
10/2/2014 12:38:54 PM
Bank of America Merrill Lynch has been honoured by EMEA Finance magazine in their 2014 Treasury Services Awards, winning the accolade for Best Treasury Services in Europe. This is the first time the company has won the treasury category, which the magazine said is in recognition of “...a proactive and consultative client approach, product enhancements and focus on thought …
Mercator Advisory Group Identifies Cardholder Preference-Based Controls as the Next “Best Practice” to be Provided by Financial Institutions
10/2/2014 12:00:31 PM
San Jose, Calif. – October 1, 2014 – Ondot Systems announced today that Card Controls has been named by Mercator Advisory Group as one of the next “best practice” solutions to be provided by financial institutions, card issuer processors, and core banking systems. In an independent research report , Mercator identified Ondot Systems as a vendor with the broadest array …
Onex Completes Acquisition of York Risk Services Group
10/2/2014 10:12:02 AM
Onex Corporation (“Onex”) (TSX: OCX) today announced it has completed the acquisition of York Risk Services Group, Inc. (“York”) for $1.325 billion. York is a provider of risk management, claims management and managed care services. The total equity investment of approximately $555 million was made by Onex Partners III, Onex and York’s management team. The York acquisition …
Allstate to Make Comprehensive, Supportive Guide Available to Every Person in the U.S. Diagnosed with Breast Cancer
10/2/2014 9:48:05 AM
In recognition of Breast Cancer Awareness Month, Allstate Insurance Company today announced it is partnering with bestselling author Hollye Jacobs to provide "The Silver Lining Companion Guide" to any person in the U.S. diagnosed with breast cancer. The guide was specially created to provide important information, practical tips and inspiration for those navigating through …
World Bank Report: Young People in Tunisia Still Frustrated by Social and Economic Obstacles
10/2/2014 9:01:25 AM
Three years after the revolution, young people in Tunisia have a limited presence in politics, continue to face high levels of unemployment and are not systematically consulted on key issues that directly affect them. A new report from the World Bank and the Center for Mediterranean Integration maps out the sources of this ongoing disenfranchisement and offers suggestions on …
Winners announced for the World Bank - Microsoft Regional Grant competition ‘Coding you opportunity’
10/1/2014 2:23:07 PM
The World Bank and the Microsoft held the final round of the annual regional grant competition ‘ Coding your opportunity’ for the youth led organizations and NGOs.   The winning organizations received up to US $ 10,000  each to implement innovative ideas that will expand coding knowledge among the youth, helping them to secure and create gainful employment. Today, four …
FEMA Letter of Map Amendment (LOMA) and eLOMA services.
FEMA Letter of Map Amendment (LOMA) and eLOMA services.
10/1/2014 2:12:08 PM
Second Look Flood , an experienced Flood Zone Determination Company, offers the newest FEMA maps and products to help homeowners more accurately determine their FEMA flood zone. This quickly expanding company offers Flood Vendor services to the general public, including FEMA Flood Zone Determinations and Flood Zone Reports including visual evidence of the flood zone. At …
Kim Fitzsimmons Joins Chase Merchant Services as U.S. Market President
10/1/2014 2:03:51 PM
Chase announced today that Kim Fitzsimmons has joined Chase Merchant Services as its U.S. Market President. “Kim is a tremendous leader who has an outstanding record of success in the payments industry,” said Mike Passilla, CEO of Chase Merchant Services, the global payment processing, merchant acquiring and offers business of JPMorgan Chase & Co. “Kim’s strategic …
The Mounted Warrior Museum is Calling All Troops
The Mounted Warrior Museum is Calling All Troops
10/1/2014 6:00:00 AM
Recognizing an opportunity to activate support for development of the Mounted Warrior Museum at Fort Hood, central Texas’ Union State Bank (USB) today announced they will match up to $250,000 for every dollar donated to the Museum before Veterans Day, November 11, 2014.  At the same time, USB challenged the national banking community to similarly support the fundraising …
McMurray Stern to Partner with BeCode Keyless Lock System to Bring Consumers the New EVO and EVO+ Keyless Lock
9/30/2014 4:43:46 PM
McMurray Stern, Southern California’s leader in innovative storage development and records management solutions, is proud to announce their partnership with BeCode Keyless Lock Systems. McMurray Stern aims to bring down the cost of maintenance and support for keyed locker stations by eliminating the need for a key. The new BeCode EVO and BeCode EVO+, electronic locking systems …
Consumers value their personal data at €170 / £140, Orange study finds
9/30/2014 10:02:59 AM
Orange today releases the second stage in its research into consumer attitudes relating to how businesses use their personal data. The research found that consumers consider the cumulative value of a common set of their personal data to be worth approximately €170/£140, a figure businesses need to bear in mind when balancing the use of personal data and supplying services in …
Colt launches FX Liquidity Access service connecting London, New York and Tokyo markets
9/30/2014 9:46:30 AM
Colt today announces the availability of its FX Liquidity Access service, connecting market participants to the London, New York and Tokyo FX markets.  The service -  which includes low latency connectivity and proximity hosting - simplifies access to the global FX markets, enabling customers to access single and multi-bank platforms 24x7.  “As customers increasingly look …
American Express Appoints Neal Sample President, Enterprise Growth
9/30/2014 8:30:21 AM
The following announcement from American Express (NYSE: AXP) is in the form of a letter to employees from Kenneth I. Chenault, CEO:  “I’m writing to let you know about a change in the leadership of Enterprise Growth. Dan Schulman , Group President of Enterprise Growth, has informed me of his decision to leave American Express and join eBay, Inc., where he will become CEO …