With the new Department of Labor (DOL) fiduciary standards set to take action in less than six months, financial services organizations are taking major steps to comply. Advicent, a leading financial technology firm, provides a product suite that empowers firms and advisors with tools that can greatly improve the effectiveness of compliance strategies in anticipation of the rule. In an effort to continue the enhancement of these products and services, Advicent continues to invest in high-caliber talent.

Wells Fargo & Company announced that Monica Cole has succeeded Laura Oberst to head Middle Market Banking for the North Region. Oberst was tapped in September to lead the company’s Business Banking Group.

QMA announced today that Andrew Dyson has been appointed chief executive officer of QMA, effective April 2017.

Black Box Corporation, a leading technology solutions provider, announced today that its Board of Directors has elected Ms. Cynthia J. Comparin to the Board. As with all directors, her term will expire at the next annual meeting of stockholders at which time it is expected that she will stand for election by the stockholders.

Customers Bank and its BankMobile division have selected FIS™, a global leader in financial services technology, to provide leading financial technology support that will assist the bank in its strategic digital and commercial growth.

I know I talk about banking and technology most of the time, but I also have other topics of interest.  Art, history, travel, fine wine … although I obviously look at them all from a banker’s point of view and wonder what it’s worth.

All that said, one of the biggest areas of surprise in my life is how science fiction has so rapidly become science fact.  I’ve blogged about this before, and the fact that Star Trek invented the mobile telephone …

This article was written by Kevin Wang and Ali Safavi.

Meet one of the key speakers of Blockchain & Bitcoin Conference Russia - technology evangelist at Microsoft Konstantin Goldstein. On November 10, 2016 he will present corporation’s view of blockchain technology and scenarios of its application in business.

Topic of the report of Konstantin Goldstein is “Blockchain as a new stage of technological development. Moving from words to code”.                                     

Bank of Internet USA, the nationwide brand of BofI Federal Bank, a subsidiary of BofI Holding, Inc. (NASDAQ: BOFI), was named MONEY’s Best Online Bank for 2016-2017. Additionally, MONEY awarded Best Checking Account to Bank of Internet’s Rewards Checking.

On October 31, 2016, Milberg Factors, Inc. announced the promotion of Daniel R. Milberg from Senior Vice President to President. In this new role, Mr. Milberg will oversee all areas of Milberg Factors, one of the largest factoring and commercial finance companies in the U.S.. His focus will be on managing Milberg’s business development, client loan portfolio and overseeing Milberg’s regional offices in Los Angeles, California and Winston-Salem, North Carolina.