Financial Institutions (FISI) 24.63 $FISI
Banner Corporation Receives Regulatory Approval for Siuslaw Financial Group Acquisition
GlobeNewswire - Fri Nov 07, 11:22AM CST
Banner Corporation ("Banner"
, the holding company for Banner Bank, previously announced that it had entered into an Agreement and Plan of Merger with Siuslaw Financial Group, Inc. ("Siuslaw" , the holding company for Siuslaw Bank. In connection with the proposed transaction, Banner has received a waiver from the Federal Reserve Board from its application requirements with respect to the proposed merger of Siuslaw with and into Banner. As previously announced, Banner has also received approval from the Federal Deposit Insurance Corporation, the Washington Department of Financial Institutions and the Oregon Department of Consumer Business and Services. The combined company will have approximately $5.1 billion in assets and will be the fourth largest commercial bank headquartered in the Pacific Northwest, as ranked by assets.
FISI: 24.63 (-0.37), BANR: 43.00 (unch)
Fitch: Europe's Evolving Bank-Sovereign Link in This Week's 'Inside Credit' Newsletter
Business Wire - Fri Nov 07, 11:03AM CST
The latest edition of Fitch Ratings' 'Inside Credit' newsletter discusses the sovereign implications of the European Central Bank's (ECB) Comprehensive Assessment results. The moderate capital shortfalls that emerged illustrate that the direct fiscal risk to sovereigns from Europe's banking sector is shrinking, Fitch Ratings says.
FISI: 24.63 (-0.37)
Options Group Announces that Bob Flohr has joined as Senior Advisor
PR Newswire - Thu Nov 06, 3:01PM CST
Options Group, a leading talent acquisition and management consulting firm, is pleased to announce that Bob Flohr has agreed to become Senior Advisor. He will provide senior relationship management for the firm's key global accounts and assist in the continued development of the firm's intelligence-based products and services. Additionally, he will lead in the development of a Board of Directors advisory practice. Bob has been affiliated with Options Group for over 15 years in a variety of roles, including a period as Chairman.
FISI: 24.63 (-0.37)
Verint and Truphone Partner to Help Financial Institutions Manage Regulatory Compliance Initiatives
Business Wire - Thu Nov 06, 2:45AM CST
Truphone, a global mobile network and leading provider of mobile recording solutions in the UK, USA, Spain, Hong Kong and Australia, has today announced a collaboration with Verint(R) Systems Inc. (NASDAQ: VRNT).
FISI: 24.63 (-0.37), VRNT: 58.99 (+0.21)
Agencies Announce EGRPRA Outreach Meetings
PR Newswire - Wed Nov 05, 10:56AM CST
The Office of the Comptroller of the Currency, Federal Deposit Insurance Corporation, and Board of Governors of the Federal Reserve System (agencies) announced the first of a series of outreach meetings to review their regulations under the Economic Growth and Regulatory Paperwork Reduction Act of 1996 (EGRPRA). The first outreach meeting will be held at the Los Angeles branch of the Federal Reserve Bank of San Francisco on December 2, 2014.
FISI: 24.63 (-0.37)
New Partners Strengthen FMSI Value to Financial Institutions
PR Newswire - Wed Nov 05, 8:28AM CST
Financial Management Services Inc. (FMSI) has added two executives and a Kansas City office, expanding the firm's services to financial institutions and other institutional investors.
FISI: 24.63 (-0.37)
Lodestone Banking Provides Enhanced Forensic Revenue Analysis to Financial Institutions
Business Wire - Wed Nov 05, 8:00AM CST
Lodestone Banking, a consulting firm that specializes in locating lost revenue, announces they provide comprehensive forensic revenue analysis for banks, a service which locates overlooked revenue opportunities without layoffs, branch closings, higher fees, changes to loan loss reserve or renegotiating vendor contracts.
FISI: 24.63 (-0.37)
Harland Clarke Releases 2014 Report on State of EMV Preparedness
Business Wire - Tue Nov 04, 6:30PM CST
Harland Clarke Corp., a leading provider of integrated solutions to financial institutions, has announced the release of a special report. The State of EMV: Countdown to 2015 provides insight into how financial institutions are preparing for the October 2015 EMV-liability shift.(1)
FISI: 24.63 (-0.37)
Vantiv to Rollout Security Chip Card Solutions to Financial Institutions and Merchants
Thomson Reuters ONE - Tue Nov 04, 1:36PM CST
FISI: 24.63 (-0.37), VNTV: 30.75 (+0.25)
GardaWorld Partners with WAUSAU Financial Systems to Expand Vault Check Capture Services
Business Wire - Tue Nov 04, 9:52AM CST
WAUSAU Financial Systems, a provider of best-in-class financial technology, services and solutions, and recently acquired by Deluxe Corporation, today announced an expanded partnership with GardaWorld, the largest privately-owned business solutions and security services company in the world. WAUSAU provides GardaWorld with its Vault Check Capture services, enabling GardaWorld to process bank and retail customer deposits at its more than 100 locations across the nation. This one-of-a-kind, large-capacity, ultra- high-speed imaging capability is in addition to GardaWorld's existing cash processing service.
FISI: 24.63 (-0.37), DLX: 60.67 (+0.20)
Primax Partners With Cyberlis To Work With Financial Institutions To Create A Competitive Card Portfolio
Business Wire - Mon Nov 03, 1:00PM CST
Primax, a premier provider of credit and debit card issuing and merchant acquiring programs, products and services for financial institutions and businesses today announced it has partnered with Cyberlis to help Primax clients grow their payment card portfolios, launch new card products that can successfully compete with larger financial institutions, and offer card products that are differentiated within a saturated marketplace. Portfolio services offered within the partnership include research and analysis of the current product marketplace, revenue streams, product offerings, pricing, DDA base penetration, cardholder activation and usage, marketing platforms, competitors and new product designs. Key outputs of the partnership include tools for measuring product performance/profitability, models and tracking; recommendations for increasing revenue; product concepts; marketing plans; business cases and product launch plans.
FISI: 24.63 (-0.37)
Mitek Surpasses 3,000 Financial Institutions Signed for Patented Mobile Deposit(R)
GlobeNewswire - Thu Oct 30, 6:10AM CDT
Mitek (Nasdaq:MITK) (www.miteksystems.com), the leading innovator of mobile imaging for financial transactions and identity, today announced that 3,026 financial institutions have signed agreements for its patented Mobile Deposit solution.
FISI: 24.63 (-0.37), MITK: 2.96 (+0.21)
Research and Markets: How Data Governance Helps Financial Institutions Achieve Operational Excellence and Satisfy Regulators
Business Wire - Wed Oct 29, 7:35AM CDT
Research and Markets (http://www.researchandmarkets.com/research/w343tz/how_data) has announced the addition of the "How Data Governance Helps Financial Institutions Achieve Operational Excellence and Satisfy Regulators" report to their offering.
FISI: 24.63 (-0.37)
How Data Governance Helps Financial Institutions Achieve Operational Excellence and Satisfy Regulators
M2 - Wed Oct 29, 7:03AM CDT
Research and Markets (http://www.researchandmarkets.com/research/ldsv8w/how_data) has announced the addition of the "How Data Governance Helps Financial Institutions Achieve Operational Excellence and Satisfy Regulators" report to their offering. This Stratecast report will explore some troubling impacts of the failure of financial services organizations to achieve effective data governance; and will provide insights on technologies and business approaches that can help them change their fortunes by harnessing the power of Big Data. Banks and financial services firms have a Big Data problem. Financial services companies were early adopters of business intelligence (BI), using BI as far back as the 1970s for risk assessment and customer acquisition. Today, however, financial services companies are facing serious challenges on two fronts: - Master data management (MDM) - MDM provides a blueprint for how organizations discover, access, integrate, and manage data; how they ensure data integrity; and how they distribute data to where it is needed. All of these support data governance, which, in Stratecast's Big Data model, is part of MDM. The systems in use at most banks and financial services firms provide inadequate data governance; and these firms suffer as a result. - Regulatory compliance - A long and growing list of regulators and regulations across world regions are increasing regulatory reporting requirements to the point that financial services companies are having a hard time keeping up. Key Topics Covered: 1. Introduction 2. Bumpy Economic Conditions and Incomplete or Stale Data are Posing Challenges to Financial Institutions 3. Regulations Designed to Ensure Best Practices Create Even More Challenges 4. Organizational Silos and Data Integrity Issues are Adding to the Problem 5. Data Consequences: Penalties, Sanctions, and Fines, Oh My! 6. How Data Management Supports Best Practices and Regulatory Compliance 7. Lavastorm is Helping Financial Firms Gain Data Clarity and Business Value 8. Case Study Snapshots: Leveraging Big Data Yields Compliance and More 9. Stratecast - The Last Word 10. About Stratecast For more information visit http://www.researchandmarkets.com/research/ldsv8w/how_data
FISI: 24.63 (-0.37)
SecurityScorecard CEO to Speak at Advisen Cyber Risk Insight Conference
PR Newswire - Fri Oct 24, 5:07PM CDT
Why and how financial institutions must understand all the cyber risks they face as well as those of their business partners will be the topic addressed by Dr. Aleksandr Yampolskiy, CEO and founder of SecurityScorecard Inc., at the Advisen Cyber Risk Insight Conference, to be held October 28, here.
FISI: 24.63 (-0.37)
Xoom Announces Instant Deposit Service to Kotak Mahindra Bank Accounts in India
GlobeNewswire - Thu Oct 23, 4:57PM CDT
Xoom Corporation (Nasdaq:XOOM), a leading digital money transfer provider, is now offering instant deposits to Kotak Mahindra Bank accounts in India. This revolutionary service allows Xoom customers to instantly deposit money into their recipients' Kotak Mahindra Bank accounts, 365 days a year, including bank holidays. Instant deposits to Kotak Mahindra Bank are processed through Xoom's partnership with Punjab National Bank.
FISI: 24.63 (-0.37), XOOM: 14.70 (+0.18)
Instant gratification is not soon enough for card issuers, says Aite Group
PR Newswire - Thu Oct 23, 10:30AM CDT
Research from Aite Group in its latest report, Instant Gratification: The Case for Instant Card Issuance in the United States, shows that while there are more than 570 million active credit and debit cards in U.S. cardholder pockets, average card life is shrinking, and top-of-wallet positions are threatened by the rapidly rising tide of data breaches. Financial Institutions (FIs) want to drive for longer card life and higher usage, and they therefore require ways to entice new cardholders, such as instant card issuance.
FISI: 24.63 (-0.37)
Financial Institutions, Inc. Reports Third Quarter 2014 Net Income of $7.2 Million
GlobeNewswire - Wed Oct 22, 3:05PM CDT
Financial Institutions, Inc. (the "Company" (Nasdaq:FISI), the parent company of Five Star Bank, today reported net income for the third quarter ended September 30, 2014 of $7.2 million, compared with $7.0 million for the second quarter of 2014 and $6.2 million for the third quarter of 2013. After preferred dividends, third quarter earnings per diluted common share was $0.49, compared with $0.48 per share for the second quarter of 2014 and $0.42 per share for the third quarter of 2013.
FISI: 24.63 (-0.37)
Infor Complete Billing System Expands Capabilities With Mobile Application
Marketwired - Wed Oct 22, 8:07AM CDT
Infor, a leading provider of business application software serving more than 73,000 customers, today announced the availability of the Infor Complete Billing System (CBS) mobile application. Infor CBS provides pricing, global billing, consolidated statements and business analytics that help Financial Institutions (FI) enhance revenue generation, attract new customers and improve existing customer experiences. A robust billing engine, used by top global banks and deployed in over 100 countries, Infor CBS delivers the scalability to manage a large portfolio of accounts and products and add value to virtually every function, from customer relations and new product development to pricing and communications.
FISI: 24.63 (-0.37)
Banner Corporation Receives Regulatory Approval for Siuslaw Financial Group Acquisition
GlobeNewswire - Fri Nov 07, 11:22AM CST
Banner Corporation ("Banner"
, the holding company for Banner Bank, previously announced that it had entered into an Agreement and Plan of Merger with Siuslaw Financial Group, Inc. ("Siuslaw" , the holding company for Siuslaw Bank. In connection with the proposed transaction, Banner has received a waiver from the Federal Reserve Board from its application requirements with respect to the proposed merger of Siuslaw with and into Banner. As previously announced, Banner has also received approval from the Federal Deposit Insurance Corporation, the Washington Department of Financial Institutions and the Oregon Department of Consumer Business and Services. The combined company will have approximately $5.1 billion in assets and will be the fourth largest commercial bank headquartered in the Pacific Northwest, as ranked by assets. FISI: 24.63 (-0.37), BANR: 43.00 (unch)
Fitch: Europe's Evolving Bank-Sovereign Link in This Week's 'Inside Credit' Newsletter
Business Wire - Fri Nov 07, 11:03AM CST
The latest edition of Fitch Ratings' 'Inside Credit' newsletter discusses the sovereign implications of the European Central Bank's (ECB) Comprehensive Assessment results. The moderate capital shortfalls that emerged illustrate that the direct fiscal risk to sovereigns from Europe's banking sector is shrinking, Fitch Ratings says.
FISI: 24.63 (-0.37)
Options Group Announces that Bob Flohr has joined as Senior Advisor
PR Newswire - Thu Nov 06, 3:01PM CST
Options Group, a leading talent acquisition and management consulting firm, is pleased to announce that Bob Flohr has agreed to become Senior Advisor. He will provide senior relationship management for the firm's key global accounts and assist in the continued development of the firm's intelligence-based products and services. Additionally, he will lead in the development of a Board of Directors advisory practice. Bob has been affiliated with Options Group for over 15 years in a variety of roles, including a period as Chairman.
FISI: 24.63 (-0.37)
Verint and Truphone Partner to Help Financial Institutions Manage Regulatory Compliance Initiatives
Business Wire - Thu Nov 06, 2:45AM CST
Truphone, a global mobile network and leading provider of mobile recording solutions in the UK, USA, Spain, Hong Kong and Australia, has today announced a collaboration with Verint(R) Systems Inc. (NASDAQ: VRNT).
FISI: 24.63 (-0.37), VRNT: 58.99 (+0.21)
Agencies Announce EGRPRA Outreach Meetings
PR Newswire - Wed Nov 05, 10:56AM CST
The Office of the Comptroller of the Currency, Federal Deposit Insurance Corporation, and Board of Governors of the Federal Reserve System (agencies) announced the first of a series of outreach meetings to review their regulations under the Economic Growth and Regulatory Paperwork Reduction Act of 1996 (EGRPRA). The first outreach meeting will be held at the Los Angeles branch of the Federal Reserve Bank of San Francisco on December 2, 2014.
FISI: 24.63 (-0.37)
New Partners Strengthen FMSI Value to Financial Institutions
PR Newswire - Wed Nov 05, 8:28AM CST
Financial Management Services Inc. (FMSI) has added two executives and a Kansas City office, expanding the firm's services to financial institutions and other institutional investors.
FISI: 24.63 (-0.37)
Lodestone Banking Provides Enhanced Forensic Revenue Analysis to Financial Institutions
Business Wire - Wed Nov 05, 8:00AM CST
Lodestone Banking, a consulting firm that specializes in locating lost revenue, announces they provide comprehensive forensic revenue analysis for banks, a service which locates overlooked revenue opportunities without layoffs, branch closings, higher fees, changes to loan loss reserve or renegotiating vendor contracts.
FISI: 24.63 (-0.37)
Harland Clarke Releases 2014 Report on State of EMV Preparedness
Business Wire - Tue Nov 04, 6:30PM CST
Harland Clarke Corp., a leading provider of integrated solutions to financial institutions, has announced the release of a special report. The State of EMV: Countdown to 2015 provides insight into how financial institutions are preparing for the October 2015 EMV-liability shift.(1)
FISI: 24.63 (-0.37)
Vantiv to Rollout Security Chip Card Solutions to Financial Institutions and Merchants
Thomson Reuters ONE - Tue Nov 04, 1:36PM CST
FISI: 24.63 (-0.37), VNTV: 30.75 (+0.25)
GardaWorld Partners with WAUSAU Financial Systems to Expand Vault Check Capture Services
Business Wire - Tue Nov 04, 9:52AM CST
WAUSAU Financial Systems, a provider of best-in-class financial technology, services and solutions, and recently acquired by Deluxe Corporation, today announced an expanded partnership with GardaWorld, the largest privately-owned business solutions and security services company in the world. WAUSAU provides GardaWorld with its Vault Check Capture services, enabling GardaWorld to process bank and retail customer deposits at its more than 100 locations across the nation. This one-of-a-kind, large-capacity, ultra- high-speed imaging capability is in addition to GardaWorld's existing cash processing service.
FISI: 24.63 (-0.37), DLX: 60.67 (+0.20)
Primax Partners With Cyberlis To Work With Financial Institutions To Create A Competitive Card Portfolio
Business Wire - Mon Nov 03, 1:00PM CST
Primax, a premier provider of credit and debit card issuing and merchant acquiring programs, products and services for financial institutions and businesses today announced it has partnered with Cyberlis to help Primax clients grow their payment card portfolios, launch new card products that can successfully compete with larger financial institutions, and offer card products that are differentiated within a saturated marketplace. Portfolio services offered within the partnership include research and analysis of the current product marketplace, revenue streams, product offerings, pricing, DDA base penetration, cardholder activation and usage, marketing platforms, competitors and new product designs. Key outputs of the partnership include tools for measuring product performance/profitability, models and tracking; recommendations for increasing revenue; product concepts; marketing plans; business cases and product launch plans.
FISI: 24.63 (-0.37)
Mitek Surpasses 3,000 Financial Institutions Signed for Patented Mobile Deposit(R)
GlobeNewswire - Thu Oct 30, 6:10AM CDT
Mitek (Nasdaq:MITK) (www.miteksystems.com), the leading innovator of mobile imaging for financial transactions and identity, today announced that 3,026 financial institutions have signed agreements for its patented Mobile Deposit solution.
FISI: 24.63 (-0.37), MITK: 2.96 (+0.21)
Research and Markets: How Data Governance Helps Financial Institutions Achieve Operational Excellence and Satisfy Regulators
Business Wire - Wed Oct 29, 7:35AM CDT
Research and Markets (http://www.researchandmarkets.com/research/w343tz/how_data) has announced the addition of the "How Data Governance Helps Financial Institutions Achieve Operational Excellence and Satisfy Regulators" report to their offering.
FISI: 24.63 (-0.37)
How Data Governance Helps Financial Institutions Achieve Operational Excellence and Satisfy Regulators
M2 - Wed Oct 29, 7:03AM CDT
Research and Markets (http://www.researchandmarkets.com/research/ldsv8w/how_data) has announced the addition of the "How Data Governance Helps Financial Institutions Achieve Operational Excellence and Satisfy Regulators" report to their offering. This Stratecast report will explore some troubling impacts of the failure of financial services organizations to achieve effective data governance; and will provide insights on technologies and business approaches that can help them change their fortunes by harnessing the power of Big Data. Banks and financial services firms have a Big Data problem. Financial services companies were early adopters of business intelligence (BI), using BI as far back as the 1970s for risk assessment and customer acquisition. Today, however, financial services companies are facing serious challenges on two fronts: - Master data management (MDM) - MDM provides a blueprint for how organizations discover, access, integrate, and manage data; how they ensure data integrity; and how they distribute data to where it is needed. All of these support data governance, which, in Stratecast's Big Data model, is part of MDM. The systems in use at most banks and financial services firms provide inadequate data governance; and these firms suffer as a result. - Regulatory compliance - A long and growing list of regulators and regulations across world regions are increasing regulatory reporting requirements to the point that financial services companies are having a hard time keeping up. Key Topics Covered: 1. Introduction 2. Bumpy Economic Conditions and Incomplete or Stale Data are Posing Challenges to Financial Institutions 3. Regulations Designed to Ensure Best Practices Create Even More Challenges 4. Organizational Silos and Data Integrity Issues are Adding to the Problem 5. Data Consequences: Penalties, Sanctions, and Fines, Oh My! 6. How Data Management Supports Best Practices and Regulatory Compliance 7. Lavastorm is Helping Financial Firms Gain Data Clarity and Business Value 8. Case Study Snapshots: Leveraging Big Data Yields Compliance and More 9. Stratecast - The Last Word 10. About Stratecast For more information visit http://www.researchandmarkets.com/research/ldsv8w/how_data
FISI: 24.63 (-0.37)
SecurityScorecard CEO to Speak at Advisen Cyber Risk Insight Conference
PR Newswire - Fri Oct 24, 5:07PM CDT
Why and how financial institutions must understand all the cyber risks they face as well as those of their business partners will be the topic addressed by Dr. Aleksandr Yampolskiy, CEO and founder of SecurityScorecard Inc., at the Advisen Cyber Risk Insight Conference, to be held October 28, here.
FISI: 24.63 (-0.37)
Xoom Announces Instant Deposit Service to Kotak Mahindra Bank Accounts in India
GlobeNewswire - Thu Oct 23, 4:57PM CDT
Xoom Corporation (Nasdaq:XOOM), a leading digital money transfer provider, is now offering instant deposits to Kotak Mahindra Bank accounts in India. This revolutionary service allows Xoom customers to instantly deposit money into their recipients' Kotak Mahindra Bank accounts, 365 days a year, including bank holidays. Instant deposits to Kotak Mahindra Bank are processed through Xoom's partnership with Punjab National Bank.
FISI: 24.63 (-0.37), XOOM: 14.70 (+0.18)
Instant gratification is not soon enough for card issuers, says Aite Group
PR Newswire - Thu Oct 23, 10:30AM CDT
Research from Aite Group in its latest report, Instant Gratification: The Case for Instant Card Issuance in the United States, shows that while there are more than 570 million active credit and debit cards in U.S. cardholder pockets, average card life is shrinking, and top-of-wallet positions are threatened by the rapidly rising tide of data breaches. Financial Institutions (FIs) want to drive for longer card life and higher usage, and they therefore require ways to entice new cardholders, such as instant card issuance.
FISI: 24.63 (-0.37)
Financial Institutions, Inc. Reports Third Quarter 2014 Net Income of $7.2 Million
GlobeNewswire - Wed Oct 22, 3:05PM CDT
Financial Institutions, Inc. (the "Company"
(Nasdaq:FISI), the parent company of Five Star Bank, today reported net income for the third quarter ended September 30, 2014 of $7.2 million, compared with $7.0 million for the second quarter of 2014 and $6.2 million for the third quarter of 2013. After preferred dividends, third quarter earnings per diluted common share was $0.49, compared with $0.48 per share for the second quarter of 2014 and $0.42 per share for the third quarter of 2013. FISI: 24.63 (-0.37)
Infor Complete Billing System Expands Capabilities With Mobile Application
Marketwired - Wed Oct 22, 8:07AM CDT
Infor, a leading provider of business application software serving more than 73,000 customers, today announced the availability of the Infor Complete Billing System (CBS) mobile application. Infor CBS provides pricing, global billing, consolidated statements and business analytics that help Financial Institutions (FI) enhance revenue generation, attract new customers and improve existing customer experiences. A robust billing engine, used by top global banks and deployed in over 100 countries, Infor CBS delivers the scalability to manage a large portfolio of accounts and products and add value to virtually every function, from customer relations and new product development to pricing and communications.
FISI: 24.63 (-0.37)
