Financial Institut (FISI) 27.49 $FISI
UMD to Participate in Project to Bolster Assessment and Management of Cyber-Related Risks in Supply Chain Management
PR Newswire - Thu Jun 09, 8:03AM CDT
The Supply Chain Management Center at the University of Maryland's Robert H. Smith School of Business will collaborate with the National Cybersecurity Center of Excellence (NCCoE), part of the National Institute of Standards and Technology (NIST), on a first of its kind risk assessment project.
FISI: 27.49 (-0.28)
CONIX Announces Fraud Detective Suite, a Secure Cloud Risk Management Service for Financial Institutions
PRWeb - Thu Jun 09, 2:54AM CDT
CONIX Systems, Inc. (CONIX), a leading provider of payment solutions to the financial industry, announced today the availability of its Fraud Detective Suite as a secure, cloud-based service. The Fraud Detective Suite is a set of risk management solutions that protect financial institutions and their customers from the risks associated with all payment types. The solution includes components that work across payment channels and platforms to provide protection from fraudulent and duplicate payments, as well as to provide customer risk assessments.
FISI: 27.49 (-0.28)
Software AG Launches New Total Surveillance Solution for Financial Institutions
BusinessWire - Mon Jun 06, 8:00AM CDT
--Software AG to demonstrate Total Surveillance solution at IDX 2016
FISI: 27.49 (-0.28)
JLT Specialty USA Appoints Tom Delaney as Senior Vice President of Financial Institutions Practice
Marketwired - Mon Jun 06, 7:01AM CDT
CHICAGO , IL--(Marketwired - June 06, 2016) - JLT Specialty USA, a U.S. subsidiary of Jardine Lloyd Thompson Group plc. (JLT), one of the world's leading specialty-focused providers of insurance, reinsurance and employee benefits related advice, brokerage and associated services, is pleased to announce the appointment of Tom Delaney as Senior Vice President.
FISI: 27.49 (-0.28)
Top Solo 401(k) Plan Provider - IRA Financial Group - Announces Strong Demand for Solo 401(k) Plan With Non-Deductible Contribution Option
PRWeb - Sun Jun 05, 7:01AM CDT
IRA Financial Group, the leading provider of checkbook control self-directed Solo 401(K) plan announces string demand for the Solo 401k plan with a non-deductible Contribution option. The advantage of using a Solo 401(k) plan, which includes a nondeductible contribution option, is that it allows one to reach the annual contribution limit much quicker. Under the Solo 401(k) plan Non-Deductible Contribution tax rules, after tax deferrals (not Roth but not pre-tax) can be made dollar-for-dollar up to $53,000 of $59,000, including other plan contributions (employee deferrals and profit sharing). For example, a self-employed 40 year old individual earned $100,000 in 2016, he or she would be able to make a maximum employee deferral contribution of $18,000 in pre-tax or Roth and make an after tax contribution dollar-for dollar equal to $35,000, the difference between $53,000 (the maximum annual 401(k) contribution for 2016) and $18,000, the maximum employee deferral contribution limit. Those contributions can be then be converted to Roth without tax. Unfortunately, not all Solo 401(k) plans allow for nondeductible contributions, but IRA Financial Group's 401(k) plan documents do.
FISI: 27.49 (-0.28)
Financial Institutions, Inc. Announces Preliminary Results of 2016 Annual Meeting of Shareholders
GlobeNewswire - Fri Jun 03, 12:00PM CDT
Financial Institutions Declares Victory in its Proxy Contest Against Clover Partners, L.P.
FISI: 27.49 (-0.28)
BNC Bancorp Announces Receipt of Merger Regulatory Approvals
PR Newswire - Fri Jun 03, 7:30AM CDT
BNC Bancorp (the "Company,"
(NASDAQ: BNCN), the holding company for Bank of North Carolina, today announced it has received all the necessary regulatory approvals from the Federal Reserve Board, the Federal Deposit Insurance Corporation ("FDIC", the North Carolina Officer of the Commissioner of Banks and the South Carolina State Board of Financial Institutions for the previously announced merger transaction between the Company and Southcoast Financial Corporation (NASDAQ: SOCB), the holding company for Southcoast Community Bank. The transaction has also been approved by the shareholders of Southcoast. The Company expects to close the transaction on June 17, 2016.
BNCN: 23.83 (-0.21), FISI: 27.49 (-0.28), SOCB: 14.39 (-0.12)
An Open Letter About the Proposed CFPB Payday Loan Rule From the Tennessee Cash Advance Association (TCAA)
PR Newswire - Wed Jun 01, 8:22PM CDT
The Tennessee Cash Advance Association (TCAA), formed in 1994, is a state-wide association dedicated solely to promoting responsible regulation of the payday loan industry. As of December 31, 2014, there were 1,323 payday locations licensed and regulated in Tennessee by our state's Department of Financial Institutions. These locations represent approximately 10,000 employees and 332 companies, 73 of which are sole proprietorships or smaller businesses.
FISI: 27.49 (-0.28)
Sun Life Financial Inc. redeems Series B Senior Unsecured 4.95% Fixed/Floating Debentures
CNW Group - Wed Jun 01, 3:40PM CDT
Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) today announced that it has redeemed all of its outstanding $950 million principal amount of Series B Senior Unsecured 4.95% Fixed/Floating Debentures (the "Debentures".
SLF.TO: 43.66 (-0.75), FISI: 27.49 (-0.28), SLF: 34.29 (-0.63)
AlienVault USM Is a Solution of Choice for Regional Banks & Financial Institutions
Marketwire Canada - Wed Jun 01, 8:01AM CDT
Streamlined Security and Compliance Reporting Stretch the Resources of Small IT Teams
FISI: 27.49 (-0.28)
Jack Henry & Associates and Inlet Partner to Bring Enhanced eBill Functionality to 4,000 Financial Institutions
PR Newswire - Wed Jun 01, 7:00AM CDT
Jack Henry & Associates, Inc. (NASDAQ:JKHY) is a leading provider of technology solutions and payment processing services primarily for the financial services industry. Its JHA Payment SolutionsTM group today announced the availability of expanded iPay Consumer Bill PayTM features and functionality, powered by Inlet(TM).
JKHY: 84.97 (-0.81), FISI: 27.49 (-0.28)
BSG Financial Group Announces No-Overdraft-Fee Checking Account Platform for Financial Institutions
PRWeb - Wed Jun 01, 2:03AM CDT
BSG Financial Group, a group of independently organized companies that provides revenue-enhancement and compliance solutions for financial institutions nationwide, announced on May 25, 2016 that it has added PaySound(R), an online checking account that does not allow overdrafts, to its revenue-enhancement and compliance solutions for financial institutions. With PaySound, banks and credit unions can profitably offer a full-service checking account to account holders who never want to incur overdraft fees. The program also helps institutions address the Consumer Financial Protection Bureau's (CFPB) directive to allow greater access to checking account alternatives, especially those that do not permit a consumer to overdraft.
FISI: 27.49 (-0.28)
Thomson Reuters Survey Reveals More than Half of Financial Institutions Are Concerned about Reputational Risks of FATCA & CRS Non-Compliance
Globe Newswire - Tue May 31, 11:00AM CDT
NEW YORK, May 31, 2016 - More than 50 percent of senior executives from multinational financial firms are concerned non-compliance with the Foreign Account Tax Compliance Act (FATCA) and Common Reporting Standard (CRS) mandates could affect the reputations of their institutions..
TRI.TO: 53.64 (-0.34), FISI: 27.49 (-0.28), TRI: 42.10 (-0.35)
OpenMarket Releases New Infographic Demonstrating Massive Opportunity for Financial Institutions to Engage with Target Consumers via SMS
PR Newswire - Tue May 31, 10:00AM CDT
OpenMarket, a leader in enterprise mobile engagement, in conjunction with research and advisory firm Javelin, today released an infographic, "SMS Engages Your Most Profitable Customers." It informs financial institutions (FIs) how to leverage smart and interactive engagement strategies to increase brand affinity with high-touch customers. Based on research involving over 100 demographic, behavioral, and attitudinal variables, Javelin identified two of the most important customer segments demonstrating how Americans will bank, pay, shop, save and invest in the future. The first segment, coined Moneyhawks® by Javelin, is considered the most profitable yet demanding customer group, accounting for 13 percent of the population. The second segment, Emergents, is punctuated by a mobile-first mindset, accounts for 35 percent of the population, and will increase financial product ownership in the next 5-10 years, making them an important demographic for FIs to target. Both segments are seen as tech-savvy, typically leveraging mobile devices to interact with preferred FIs.
FISI: 27.49 (-0.28)
Third Independent Proxy Advisory Firm Recommends That Shareholders Vote FOR ALL Four Financial Institutions, Inc.'s (FISI) Director Nominees
GlobeNewswire - Tue May 31, 8:00AM CDT
Egan-Jones Joins ISS and Glass Lewis in Recommending that Shareholders Vote the BLUE Proxy Card FOR ALL Four FISI Director Nominees
FISI: 27.49 (-0.28)
Financial Institutions Sends Letter to Shareholders
GlobeNewswire - Thu May 26, 8:00AM CDT
Letter Highlights that the Two Leading Independent Proxy Advisory Firms, ISS and Glass Lewis, Have Recommended that FISI Shareholders Vote the BLUE Proxy Card FOR ALL of FISI's Director Nominees
FISI: 27.49 (-0.28)
Royal Bank of Canada to repurchase up to 20 million of its common shares
CNW Group - Thu May 26, 5:02AM CDT
Royal Bank of Canada ("RY" on TSX and NYSE) today announced its intention, subject to the approval of the Office of the Superintendent of Financial Institutions ("OSFI" and the Toronto Stock Exchange, to commence a normal course issuer bid through the facilities of the Toronto Stock Exchange and to repurchase for cancellation up to 20 million of its common shares, representing approximately 1.3 per cent of the bank's outstanding common shares as at May 20, 2016. On May 20, 2016, there were 1,488,261,713 common shares outstanding. The bank intends to file a notice of intention with the Toronto Stock Exchange in this regard.
RY.TO: 78.40 (-0.94), RY: 61.55 (-0.84), FISI: 27.49 (-0.28)
UMD to Participate in Project to Bolster Assessment and Management of Cyber-Related Risks in Supply Chain Management
PR Newswire - Thu Jun 09, 8:03AM CDT
The Supply Chain Management Center at the University of Maryland's Robert H. Smith School of Business will collaborate with the National Cybersecurity Center of Excellence (NCCoE), part of the National Institute of Standards and Technology (NIST), on a first of its kind risk assessment project.
FISI: 27.49 (-0.28)
CONIX Announces Fraud Detective Suite, a Secure Cloud Risk Management Service for Financial Institutions
PRWeb - Thu Jun 09, 2:54AM CDT
CONIX Systems, Inc. (CONIX), a leading provider of payment solutions to the financial industry, announced today the availability of its Fraud Detective Suite as a secure, cloud-based service. The Fraud Detective Suite is a set of risk management solutions that protect financial institutions and their customers from the risks associated with all payment types. The solution includes components that work across payment channels and platforms to provide protection from fraudulent and duplicate payments, as well as to provide customer risk assessments.
FISI: 27.49 (-0.28)
Software AG Launches New Total Surveillance Solution for Financial Institutions
BusinessWire - Mon Jun 06, 8:00AM CDT
--Software AG to demonstrate Total Surveillance solution at IDX 2016
FISI: 27.49 (-0.28)
JLT Specialty USA Appoints Tom Delaney as Senior Vice President of Financial Institutions Practice
Marketwired - Mon Jun 06, 7:01AM CDT
CHICAGO , IL--(Marketwired - June 06, 2016) - JLT Specialty USA, a U.S. subsidiary of Jardine Lloyd Thompson Group plc. (JLT), one of the world's leading specialty-focused providers of insurance, reinsurance and employee benefits related advice, brokerage and associated services, is pleased to announce the appointment of Tom Delaney as Senior Vice President.
FISI: 27.49 (-0.28)
Top Solo 401(k) Plan Provider - IRA Financial Group - Announces Strong Demand for Solo 401(k) Plan With Non-Deductible Contribution Option
PRWeb - Sun Jun 05, 7:01AM CDT
IRA Financial Group, the leading provider of checkbook control self-directed Solo 401(K) plan announces string demand for the Solo 401k plan with a non-deductible Contribution option. The advantage of using a Solo 401(k) plan, which includes a nondeductible contribution option, is that it allows one to reach the annual contribution limit much quicker. Under the Solo 401(k) plan Non-Deductible Contribution tax rules, after tax deferrals (not Roth but not pre-tax) can be made dollar-for-dollar up to $53,000 of $59,000, including other plan contributions (employee deferrals and profit sharing). For example, a self-employed 40 year old individual earned $100,000 in 2016, he or she would be able to make a maximum employee deferral contribution of $18,000 in pre-tax or Roth and make an after tax contribution dollar-for dollar equal to $35,000, the difference between $53,000 (the maximum annual 401(k) contribution for 2016) and $18,000, the maximum employee deferral contribution limit. Those contributions can be then be converted to Roth without tax. Unfortunately, not all Solo 401(k) plans allow for nondeductible contributions, but IRA Financial Group's 401(k) plan documents do.
FISI: 27.49 (-0.28)
Financial Institutions, Inc. Announces Preliminary Results of 2016 Annual Meeting of Shareholders
GlobeNewswire - Fri Jun 03, 12:00PM CDT
Financial Institutions Declares Victory in its Proxy Contest Against Clover Partners, L.P.
FISI: 27.49 (-0.28)
BNC Bancorp Announces Receipt of Merger Regulatory Approvals
PR Newswire - Fri Jun 03, 7:30AM CDT
BNC Bancorp (the "Company,"
(NASDAQ: BNCN), the holding company for Bank of North Carolina, today announced it has received all the necessary regulatory approvals from the Federal Reserve Board, the Federal Deposit Insurance Corporation ("FDIC", the North Carolina Officer of the Commissioner of Banks and the South Carolina State Board of Financial Institutions for the previously announced merger transaction between the Company and Southcoast Financial Corporation (NASDAQ: SOCB), the holding company for Southcoast Community Bank. The transaction has also been approved by the shareholders of Southcoast. The Company expects to close the transaction on June 17, 2016. BNCN: 23.83 (-0.21), FISI: 27.49 (-0.28), SOCB: 14.39 (-0.12)
An Open Letter About the Proposed CFPB Payday Loan Rule From the Tennessee Cash Advance Association (TCAA)
PR Newswire - Wed Jun 01, 8:22PM CDT
The Tennessee Cash Advance Association (TCAA), formed in 1994, is a state-wide association dedicated solely to promoting responsible regulation of the payday loan industry. As of December 31, 2014, there were 1,323 payday locations licensed and regulated in Tennessee by our state's Department of Financial Institutions. These locations represent approximately 10,000 employees and 332 companies, 73 of which are sole proprietorships or smaller businesses.
FISI: 27.49 (-0.28)
Sun Life Financial Inc. redeems Series B Senior Unsecured 4.95% Fixed/Floating Debentures
CNW Group - Wed Jun 01, 3:40PM CDT
Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) today announced that it has redeemed all of its outstanding $950 million principal amount of Series B Senior Unsecured 4.95% Fixed/Floating Debentures (the "Debentures"
. SLF.TO: 43.66 (-0.75), FISI: 27.49 (-0.28), SLF: 34.29 (-0.63)
AlienVault USM Is a Solution of Choice for Regional Banks & Financial Institutions
Marketwire Canada - Wed Jun 01, 8:01AM CDT
Streamlined Security and Compliance Reporting Stretch the Resources of Small IT Teams
FISI: 27.49 (-0.28)
Jack Henry & Associates and Inlet Partner to Bring Enhanced eBill Functionality to 4,000 Financial Institutions
PR Newswire - Wed Jun 01, 7:00AM CDT
Jack Henry & Associates, Inc. (NASDAQ:JKHY) is a leading provider of technology solutions and payment processing services primarily for the financial services industry. Its JHA Payment SolutionsTM group today announced the availability of expanded iPay Consumer Bill PayTM features and functionality, powered by Inlet(TM).
JKHY: 84.97 (-0.81), FISI: 27.49 (-0.28)
BSG Financial Group Announces No-Overdraft-Fee Checking Account Platform for Financial Institutions
PRWeb - Wed Jun 01, 2:03AM CDT
BSG Financial Group, a group of independently organized companies that provides revenue-enhancement and compliance solutions for financial institutions nationwide, announced on May 25, 2016 that it has added PaySound(R), an online checking account that does not allow overdrafts, to its revenue-enhancement and compliance solutions for financial institutions. With PaySound, banks and credit unions can profitably offer a full-service checking account to account holders who never want to incur overdraft fees. The program also helps institutions address the Consumer Financial Protection Bureau's (CFPB) directive to allow greater access to checking account alternatives, especially those that do not permit a consumer to overdraft.
FISI: 27.49 (-0.28)
Thomson Reuters Survey Reveals More than Half of Financial Institutions Are Concerned about Reputational Risks of FATCA & CRS Non-Compliance
Globe Newswire - Tue May 31, 11:00AM CDT
NEW YORK, May 31, 2016 - More than 50 percent of senior executives from multinational financial firms are concerned non-compliance with the Foreign Account Tax Compliance Act (FATCA) and Common Reporting Standard (CRS) mandates could affect the reputations of their institutions..
TRI.TO: 53.64 (-0.34), FISI: 27.49 (-0.28), TRI: 42.10 (-0.35)
OpenMarket Releases New Infographic Demonstrating Massive Opportunity for Financial Institutions to Engage with Target Consumers via SMS
PR Newswire - Tue May 31, 10:00AM CDT
OpenMarket, a leader in enterprise mobile engagement, in conjunction with research and advisory firm Javelin, today released an infographic, "SMS Engages Your Most Profitable Customers." It informs financial institutions (FIs) how to leverage smart and interactive engagement strategies to increase brand affinity with high-touch customers. Based on research involving over 100 demographic, behavioral, and attitudinal variables, Javelin identified two of the most important customer segments demonstrating how Americans will bank, pay, shop, save and invest in the future. The first segment, coined Moneyhawks® by Javelin, is considered the most profitable yet demanding customer group, accounting for 13 percent of the population. The second segment, Emergents, is punctuated by a mobile-first mindset, accounts for 35 percent of the population, and will increase financial product ownership in the next 5-10 years, making them an important demographic for FIs to target. Both segments are seen as tech-savvy, typically leveraging mobile devices to interact with preferred FIs.
FISI: 27.49 (-0.28)
Third Independent Proxy Advisory Firm Recommends That Shareholders Vote FOR ALL Four Financial Institutions, Inc.'s (FISI) Director Nominees
GlobeNewswire - Tue May 31, 8:00AM CDT
Egan-Jones Joins ISS and Glass Lewis in Recommending that Shareholders Vote the BLUE Proxy Card FOR ALL Four FISI Director Nominees
FISI: 27.49 (-0.28)
Financial Institutions Sends Letter to Shareholders
GlobeNewswire - Thu May 26, 8:00AM CDT
Letter Highlights that the Two Leading Independent Proxy Advisory Firms, ISS and Glass Lewis, Have Recommended that FISI Shareholders Vote the BLUE Proxy Card FOR ALL of FISI's Director Nominees
FISI: 27.49 (-0.28)
Royal Bank of Canada to repurchase up to 20 million of its common shares
CNW Group - Thu May 26, 5:02AM CDT
Royal Bank of Canada ("RY" on TSX and NYSE) today announced its intention, subject to the approval of the Office of the Superintendent of Financial Institutions ("OSFI"
and the Toronto Stock Exchange, to commence a normal course issuer bid through the facilities of the Toronto Stock Exchange and to repurchase for cancellation up to 20 million of its common shares, representing approximately 1.3 per cent of the bank's outstanding common shares as at May 20, 2016. On May 20, 2016, there were 1,488,261,713 common shares outstanding. The bank intends to file a notice of intention with the Toronto Stock Exchange in this regard. RY.TO: 78.40 (-0.94), RY: 61.55 (-0.84), FISI: 27.49 (-0.28)
