For the fifth year in a row, Coors Credit Union has been voted “Best Bank/Credit Union in Golden” by the readers of the Golden Transcript, published by Colorado Community Media. Coors Credit Union was also voted “Best of the Best” in Customer Service.

The recent slew of exchange announcements introducing new dark trading facilities in response to MiFID II would appear to suggest that the regulation has triggered a whole raft of innovations. But is that what’s really happening here?

Compass Plus, an international provider of retail banking and electronic payments software for processors and financial institutions, has announced that it has been certified as one of only five companies to achieve aggregator accreditation for Faster Payments in the UK. Faster Payments is a system that enables customers in the UK to make secure and fast automated payments via mobile, internet, telephone or standing order 24/7/365 at the touch of a button.

MIT (Micro Informatique & Technologies SA) has just officially completed the opening of an office in Singapore, which will act as MIT operational centre for the Asia Pacific region. Yet another achievement for MIT following its recent announcement that its TRAC (Trade Risk Active Control) Collateral Management system had recently been selected by OCBC to support its growing Trade Commodity Finance business in Asia.

Misys is supporting the banking community as it prepares for Basel’s Fundamental Review of the Trading Book (FRTB). The regulation, which overhauls the market risk capital charge calculation, has significant ramifications which must be addressed to ensure banks comply with new rules. The Misys FusionCapital Risk – FRTB solution will address the standardised approach (SA) requirements out of the box, as well as offering service applications as required for the internal model approach (IMA).

On Tuesday the Competition and Markets Authority (CMA), a UK Government Agency, told British banks that they must digitalise or suffer penalties.5  In a report entitled Making banks work harder for you, they have ordered the UK banks to digitalise within two years or face regulatory fines.

Hamilton Insurance Group ('Hamilton'), the Bermuda-based holding company for insurance and reinsurance operations that underwrite property and casualty risks in Bermuda, the U.S. and at Lloyd's, announced today that Russell P. Fradin has joined its Board of Directors.

Mr. Fradin is the Lead Independent Director of Best Buy Co., Inc. and an Operating Partner of private equity firm Clayton, Dubilier & Rice (CD&R).

Taiwanese Point-of-Sales terminal brand leader Posiflex announced today that they have entered into a purchase agreement with KIOSK Information Systems (KIOSK), a world leader in self-service solutions.

HomeStreet, Inc. (“the Company”) (NASDAQ:HMST) today announced that its wholly owned subsidiary, HomeStreet Bank, has completed its previously announced purchase of certain assets and liabilities, including two branches in Lake Oswego, Oregon, from Bank of Oswego.

Citizens Bank recently announced the appointment of Lamont Young as Head of Digital. Young will also continue to manage his existing responsibilities for Multi-Channel Marketing. With more than 20 years of digital and marketing experience in the consumer goods and financial services industries, Young will oversee Citizens strategic investments in digital, online and mobile banking, digital marketing, user experience and social media. Young was also named to the Executive Committee for Citizens Consumer Bank.