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Latest Banking Stories

2014-10-30 16:23:43

Year-To-Date Net Income Rises 17% STURGEON BAY, Wis., Oct. 30, 2014 /PRNewswire/ -- Baylake Corp. (the "Company") (NASDAQ:BYLK), holding company for Baylake Bank (the "Bank"), which provides full service banking and financial services from 21 locations in Northeast Wisconsin, today announced results for the three and nine month periods ended September 30, 2014. In the third quarter of 2014, the Company's net income was $2.46 million or $0.26 per diluted share, up from $2.21 million or $0.24...

2014-10-30 12:25:29

MIDVALE, Utah, Oct. 30, 2014 /PRNewswire/ -- Ally Bank, the direct banking subsidiary of Ally Financial Inc. (NYSE: ALLY), has been named "Best Online Bank" in MONEY® Magazine's annual "The Best Banks in America" (November 2014) feature. This marks the fourth year in a row that Ally Bank has been honored as "Best Online Bank" by MONEY. As a trusted resource for 7.6 million Americans who are actively seeking guidance to help them make smart decisions about what matters most to them,...

2014-10-28 23:02:16

On-Base Financial Institutions Succeed in Some Areas but Fall Short in Others, Leaving Account Holders Vulnerable Washington, DC (PRWEB) October 28, 2014 The Pew Charitable Trusts today released its first evaluation of checking account practices at banks and credit unions on military bases, finding that some employ practices that provide transparency and protect consumers but that all of the institutions examined could do more. The report underscores the need for the Consumer Financial...

2014-10-28 12:35:45

Data Analytics-fed Audit Management Software Enables Bank to Continuously Monitor and Quantify Material Impact of Risks VANCOUVER, British Columbia, Oct. 28, 2014 /PRNewswire/ -- ACL today announced that Spokane-based Washington Trust, a community bank offering personal, small business, and commercial banking, has chosen ACL(TM) GRC to establish a risk-based approach to its auditing processes. The internal audit team will use the audit and risk management software system alongside data...

2014-10-27 08:35:41

Intelligent Fraud Protection and Smarter Authentication Combine to Make Digital Commerce and Banking Safe SAN MATEO, Calif., Oct. 27, 2014 /PRNewswire/ -- Feedzai, a company that uses data science and behavioral profiling to prevent fraud, and Encap Security, the mobile authentication specialist, have announced a new partnership designed to support banks and merchants in making modern banking and commerce safe. The partnership will make Feedzai's proven, machine-based fraud...

2014-10-22 16:31:20

ALPHARETTA, Ga., Oct. 22, 2014 /PRNewswire-USNewswire/ -- NetSecure Payments Inc, a leading provider of mobile payment solutions, announces the availability of Mobile Check Deposit for iOS and Android phones and tablets. NetSecure's Mobile Check Deposit feature allows merchants to deposit checks by snapping a picture of a check using their mobile phone or tablet, eliminating the need for trips to the bank. As an added benefit, the check is processed immediately, so merchants know...

2014-10-16 08:35:44

The next phase of mobile convenience now available to TD customers TORONTO, Oct. 16, 2014 /CNW/ - TD Canada Trust today announced the availability of TD Mobile Deposit a new capability for the TD mobile app, which allows eligible personal and business customers to deposit cheques into their bank account by taking a photo. Additionally, TD Remote Deposit Capture - also launched today - offers eligible TD business customers the convenience of depositing cheques electronically using a...

2014-10-15 16:32:27

DUBLIN, Oct. 15, 2014 /PRNewswire/ -- Research and Markets has announced the addition of the "Banking IT Market in China 2014-2018" report to their offering. http://photos.prnewswire.com/prnvar/20130307/600769 In today's information age, business framework needs new capabilities in banking for success. IT has been changing the way organizations control and run their business and participate in various markets. IT has significantly improved the productivity of the Banking sector in the fields...

2014-10-15 12:37:30

An analysis of offers made to prospective borrowers through LendingTree's personal loan marketplace shows that significant savings opportunities exist for consumers receiving multiple loan offers CHARLOTTE, N.C., Oct. 15, 2014 /PRNewswire/ -- LendingTree, the nation's leading online loan marketplace, has launched an ongoing study to track the range of Annual Percentage Rates (APRs) on personal loans offered to prospective borrowers on its marketplace, highlighting the money-saving...

2014-10-14 08:39:59

Highest-scoring consumers are also the most satisfied and engaged with their bank SAN JOSE, Calif., Oct. 14, 2014 /PRNewswire/ -- A comprehensive survey of U.S. bank customers conducted for FICO (NYSE:FICO), a leading predictive analytics and decision management software company, found that 30 percent of consumers got a passing grade when it came to knowledge of their financial rights. In the survey, consumers were asked 12 questions about their banking rights. Out of nearly 1,000...


Word of the Day
maffling
  • To stammer.
  • Present participle of maffle, to stammer.
  • A simpleton.
The word 'maffle' may come from a Dutch word meaning 'to move the jaws' or a French word meaning 'having large cheeks'.