January 30 – Global spend via mobile wallets is expected to rise by nearly 32 percent this year to $1.35 trillion, a new study from Juniper Research has found.
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January 23 – More than one million people have taken action to improve their financial well-being through the onUp movement sparked by SunTrust Banks, Inc. The announcement marks a significant milestone in the company’s ongoing efforts to help all Americans achieve financial confidence.
October 6 – Banks around the world are increasingly looking to separate ATM hardware and software purchasing, according to RBR’s new study ATM Software 2016. For many years, ATM deployers tended to use the application software that was delivered with the hardware, but the increasing complexity of the self-service banking channel – and the opportunities that a more sophisticated software set-up can tap – are leading banks to treat ATM hardware and software as separate entities.
January 25 -Rabobank, a food and agribusiness bank, has announced that the next FoodBytes! will be held in Williamsburg, Brooklyn on Thursday, March 3, 2016 at The Hall at MP.
By Bill Poquette
The year was 1901, 115 years ago. BankNews emerged as The Southwestern Banker, “A monthly banking journal devoted to the interests of bankers in the Southwest.” That publication subsequently morphed into the Trans-Mississippi Banker and Investor in 1916 and the Trans-Mississippi Banker in 1920 before the current name was adopted in 1928.
April 3 – Northern Trust, headquartered in Chicago, has been named “Best Asset Management Firm Serving Family Offices and Private Banks” at the second annual Family Wealth Report Awards 2015. Northern Trust, a leading provider of Wealth Management services for affluent individuals, families and family offices was awarded this honor for the industry-leading services provided by its Global Family & Private Investment Office group.
February 19 – Global Payout, Inc., a prepaid card program manager and leading domestic and international payment gateway solutions provider has received approval to launch the first Prepaid MasterCard card with state-of-the art “chip and PIN” technology from North International Bank, LTD (NIB). Global Payout is also announcing the immediate availability of this new “Chip and PIN” card together with, or without, its Consolidated Payment Gateway platform in all compliant countries in North America, South America, Central America, the Pacific Rim, and the Caribbean effective immediately.
July 1, 2013 – BankNews Media is pleased to announce the addition of Valerie Fischer to its team as advertising account executive. In this capacity, she will be responsible for sales of the company’s print, digital and online products. As a key member of the BankNews Media advertising team, she is responsible for generating new business and maintaining current advertising accounts for Ag Banking, BankNews and BankNews Mid-Week, as well as for the company’s state banking journals: California Banker, Florida Banking, Illinois Banker, In Touch (Kansas), Maine Banker, Massachusetts Banker and Texas Banking. She also handles banner advertising and sponsorships to the company’s website, BankNews.com, and electronic newsletters, BankNews eDigest and BankNews Technology Focus.
June 29 – Compliance Alliance, a regulatory compliance resource for banks, is owned by 15 state banking associations across the United States. In an effort to provide a lifeline for their banks, the Florida, Kentucky, Massachusetts, Michigan, Montana, Nebraska, New York, North Dakota, Oklahoma, Oregon, Texas, Utah and Virginia Bankers Associations, Pennsylvania Bankers Association Services Corp. and the Illinois League of Financial Institutions have united to create the only compliance resource to be owned by state banking associations.
May 29 – The U.S. Banking Industry has continued to show signs of recovery coming out of the recent recession. The industry saw just 16 FDIC-insured banks fail in the first quarter of the year, the lowest total since the end of 2008, according to the FDIC’s quarterly banking profile. Also the number of banks at risk of failure fell to 772, the lowest total since the end of 2009, from 813 in the previous quarter. Five Star Equities examines the outlook for companies in the Banking Industry and provides equity research on PNC Financial Services PNC +0.35% and U.S. Bancorp USB +0.34% .