HAUPPAUGE, N.Y.----Globecomm Systems Inc. , a leading global provider of satellite-based communications infrastructure solutions and services, announced today that the Company’s wholly-owned subsidiary, Globecomm Services Maryland, has received an increase in the total value of a four-year contract from a major U.S.

COCONUT CREEK, Fla. & BOULDER, Colo.----University Parent Media™ and StorValue Card Solutions™ are addressing the latest issue on campuses across America: What will students do without a credit card?

COCONUT CREEK, Fla.----StorValue™ Card Solutions will soon launch its fifth branded card program, Campus Dough DebitSmart™ Visa® Prepaid Card, filling a void left by the recent Credit CARD Act, which makes it more difficult for students to get credit cards.

NEW YORK, March 9 (Reuters) - Private equity firm Providence Equity Partners said on Tuesday it hired Robert Hull, the chief financial officer of bailed out U.S. lender GMAC Financial Services. Hull will join Providence in April as chief financial officer, the company said in a statement. Before joining GMAC in 2007, he was CFO of Bank of America Corp's global wealth and investment management ...

Americans' love-hate relationship with the U.S. Postal Service is about to be tested again. We love to gripe about the shortcomings of one of our most essential institutions. While we wish it would change, we hate for it to.

LONDON, UNITED KINGDOM--(Marketwire - March 9, 2010) - Leading electronic payment solutions company to handle gaming giant's online prepaid products in Australia.

LONDON, UNITED KINGDOM--(Marketwire - 03/09/10) - Leading electronic payment solutions company to handle gaming giant's online prepaid products in Australia. epay, the electronic payment provider with a global retail network, has reached a deal with Sony Computer Entertainment Europe (SCEE) to offer an end-to-end solution in handling its PlayStation Network (PSN) Cards across Australia. This ...

Name: Jose R. Peralta Occupation: State Assemblymember 39th District

BERWYN, Pa.----Dollar Financial Corp , a leading international financial services company serving unbanked and under-banked consumers, today announced that Jeff Weiss, Chairman and CEO, and Randy Underwood, Executive Vice President and CFO, will present at the 22nd Annual Roth Capital Partners OC Growth Stock Conference on Tuesday, March 16, 2010 at 8:30 a.m.

By Howard Fischer Capitol Media Services PHOENIX — The state’s two U.S. senators said Monday they will not support the temporary tax hike being pushed by Gov. Jan Brewer. In a joint prepared statement, John McCain and Jon Kyl said they support the right of Arizona voters to decide if they want to temporarily hike the state sales tax by a penny, to 6.6 cents on every dollar of taxable items ...

WASHINGTON, March 8 (Reuters) - The Obama administration has more work to do to help struggling U.S. homeowners, despite signs of a stabilizing housing market, a senior U.S. Treasury official said on Monday. Michael Barr, the Treasury's assistant secretary for financial institutions, said in prepared remarks to state housing agency officials that the Obama administration's housing policies "are ...

The poor economy and consumers' growing aversion to carrying large credit card balances may be why more alternative forms of payment are being used for online purchases.

LOS ANGELES----Financial literacy nonprofit Operation HOPE announced today a $500,000 grant from the U.S. Department of Commerce’s Economic Development Administration to help train small business owners and promote innovation and competitiveness in small business throughout New York City.

U.S. stocks lose ground with the S&P 500 Index struggling to maintain a seven-day winning streak, while AIG's $15.5 billion sale of another unit lifts financial shares.

TORONTO----U.S. Silver Corporation is pleased to announce that the Company is now trading on OTCQX®,, the leading electronic inter-dealer quotation system, trading technology and financial information provider for Over-the-Counter securities.

Something's got to give before a funding gap cripples a valuable U.S. institution.

SINGAPORE banks and card issuers will replace all current magnetic-stripe only credit, debit and prepaid cards issued in the city-state with cards that contain an EMV chip by April next year.

SINGAPORE banks and card issuers will replace all current magnetic-stripe only credit, debit and prepaid cards issued in the city-state with cards that contain an EMV chip by April next year. This is one of four key initiatives announced yesterday by the Association of Banks in Singapore (ABS) to enhance the security of payment card transactions in the republic. ABS said the initiatives will ...

SINGAPORE, March 5 (Bernama) -- Singapore banks and card issuers will replace all current magnetic-stripe only credit, debit and prepaid cards issued in the city-state with cards that contain an EMV chip by April next year.

The finance minister's announcement in the Budget that RBI is going to issue additional banking licences to private sector players, including non-banking financial companies...

BERWYN, Pa.----Dollar Financial Corp , a leading international financial services company serving unbanked and under-banked consumers, announced today that it has reached an agreement to settle its British Columbia class action litigation, in which the plaintiffs claimed that the business model used by the Company’s Canadian subsidiary, National Money Mart Company , resulted in the collection of ...

AUSTIN, Texas----NetSpend, a leading provider of prepaid, reloadable debit cards, announced today that the company’s cardholders loaded a record $1.04 billion onto their NetSpend prepaid cards during the month of February — marking a company and industry first.

MINNEAPOLIS----U.S. Bancorp announced today that Richard K. Davis, chairman, president and chief executive officer, is scheduled to present at the Citi 2010 Financial Services Conference.

ACON Latin America Opportunities Fund, L.P. , a private equity investment fund affiliated with ACON Investments LLC , announced today that it has completed an investment in Credivalores-Crediservicios, S.A.S. , the leading non-bank provider of consumer loans in Colombia. Â Credivalores offers a broad range of innovative credit and micro-insurance products designed to address the particular needs ...

What effect will the Budget have on food prices? And on prices of other things? Has the FM given with one hand and taken away from the other? During a chat on rediff.com on Wednesday, economist Ajit Ranade replied to many such queries.

An analyst raised his profit estimates for Visa Inc. and MasterCard Inc. for 2010 and 2011 on Tuesday, saying the increasing use of prepaid cards will boost profitability.

Of the nearly six lakh inhabited villages in the country, 1.09 lakh have a population of over 2,000.

EAST LOS ANGELES, Calif.----Pan American Bank President and CEO Jesse Torres today publicly applauded President Obama’s 2011 budget proposal for $900 million in School Turnaround Grants.

Just 6.4% of branches owned by new private sector banks are in the rural areas

By Dan Hung. It's been a while and for that I apologize. Truth be told, I had gotten my portfolio almost fully invested by mid-last year. And, as the stock intense rally we've seen in stocks through 2009 has turned flat since the new year, I've been much less aggressive with my personal portfolio and as such have had a lot less to say. Though, for those of you who follow my Covestor account, you ...

BERWYN, Pa.----Dollar Financial Corp , a leading international diversified financial services company primarily serving unbanked and under-banked consumers for nearly 30 years, today announced the opening of its 300th “Money Shop” store location in the United Kingdom.

As consumers cut back on spending, one industry proves that consumers are willing to spend on imaginary goods. Enter the world of social gaming where consumers can splurge or create what they often don't have. But creating a virtual world can cost real money, which can sometimes be a problem. Kristy Charron who spends her free time raising virtual pets said her dogs often starve to death because ...

Here is the entire text of the Finance Minister Pranab Mukherjee's Budget Speech:

New York City's underbanked population: New research show 13 percent of New York City households lack bank or credit union accounts.

New research show 13 percent of New York City households lack bank or credit union accounts.

A new study finds hundreds of thousands of New Yorkers don't have bank accounts. In fact, in some neighborhoods, more than half of the adults are unbanked. Now the city has a plan to try to bring them into the financial mainstream.

Abuja — If the time frame of the CBN governor Sanusi Lamido, gave the impression of frailty, his sweeping reforms have projected a different story.