BankNews Feb. 2015

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ETA Names Scott Talbott as Senior Vice President of Government Affairs

Feb. 10 – The Electronic Transactions Association (ETA), the global trade association of the payments technology industry, has announced the next step in its continued expansion of government relations activities with the hiring of seasoned financial industry and government affairs professional Scott Talbott as the association’s new Senior Vice President of Government Affairs. In this position, Talbott will be responsible for developing and executing ETA’s federal and state legislative and regulatory strategies on behalf of ETA’s more than 500 member companies. 

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Arizona: First Scottsdale Bank Assumes Deposits of Gold Canyon Bank

April 8 – Gold Canyon Bank, Gold Canyon, Ariz., has been closed by the Arizona Department of Financial Institutions, which appointed the FDIC as receiver. To protect the depositors, the FDIC entered into a purchase and assumption agreement with First Scottsdale Bank, National Association, Scottsdale, Ariz., to assume all of the deposits of Gold Canyon Bank.

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Bank Of Scottsdale plans to raise the bar for authentic, personalized service

July 21 – Bank of Scottsdale, an independent community bank with a hometown style, is now being formed to serve local Scottsdale businesses and residents from its Hilton Village Office Park location on McDonald and Scottsdale roads. The bank’s management team of proven executives with more than 70 years combined banking knowledge will bring local focus and banking experience to a market that is receiving continually deteriorating customer service from larger, impersonal financial institutions.

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Scottrade Bank moves forward, two new executives join management team

Online investors select St. Louis’ Scottrade for best customer loyalty

Worthington Bank Hires New VP

April 9 – Fort Worth-based Worthington National Bank announced  that the company has hired Scott Brandt to be the next vice president for the Colleyville, Texas, office. His focus will be on commercial lending and servicing customer relationships. Continue reading “Worthington Bank Hires New VP” »

American Transaction Processors Coalition Applauds Creation of Senate Caucus on Payments Innovation

April 10 – The American Transaction Processors Coalition (ATPC) is applauding the creation of the bipartisan U.S. Senate Payments Innovation Caucus. The caucus, led in part by Sen. Johnny Isakson (R-Ga.), will explore innovative technologies in the payments industry, including addressing issues in data security, consumer protection and the electronic payments industry.

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Pacific Crest Releases Top Tech Industry Insights from 2015 Emerging Technology Summit

April 7 – Pacific Crest Securities, the premier investment bank for technology, recently held its 10th Emerging Technology Summit in San Francisco. The investment bank hosted more than 1,100 participants at the conference, including executives from more than 250 public and private technology companies and 500 investment professionals from industry-leading venture capital, private equity, mutual and hedge funds.

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Consumers Credit Union Unveils New Digital Banking Experience from Digital Insight

March 23 – NCR Corporation, a global leader in consumer transaction technologies, has announced that Consumers Credit Union, headquartered in Kalamazoo, Mich, recently unveiled a new online and mobile experience powered by Digital Insight, an NCR company.

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House Creates Congressional Payments Technology Caucus

March 23 – Representatives Lynn Westmoreland (GA-03), Randy Neugebauer (TX-19), David Scott (GA-13), and Kyrsten Sinema (AZ-09) of the U.S. House of Representatives have announced the formation of the Congressional Payments Technology Caucus (CPTC). The mission of the CPTC is to explore the new and innovative technologies in the payments industry, as well as answer questions about data security, unbanked users’ access to electronic payments, and more. Each founding member also serves on the House Financial Services Committee and has a strong interest in educating fellow members and the public on consumer protection when it comes to electronic payments. Below are statements from each founding member.

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