Business Bank of Nevada (OTCBB:BBNV) launched a new cash management tool to prevent check fraud for business customers who issue a large volume of checks.
Positive Pay allows business customers to provide the bank with a data file listing of all checks they have issued by check number and dollar amount. The system then compares the customer's file data with the check number and amount of checks presented and creates an exception report of duplicated check numbers, amounts and mismatches of this data.
"As we continue to grow and attract larger business clients who issue a large number of checks, we need to provide them with ways to protect themselves against check fraud," said Larry Charlton, executive vice president and chief operations officer of Business Bank. "Check fraud is a growing concern for both banks and their customers, especially businesses that issue a large number of checks. Developing products like Positive Pay can help prevent this type of criminal activity, which can help keep costs down and provide customers with greater peace of mind."
The statewide law firm of Hale Lane has once again been selected as one of Nevada's top law firms in the 2005 Chambers USA: America's Leading Lawyers for Business directory. Hale Lane was ranked as a firm for its specific practices in the areas of real estate, corporate/mergers and acquisitions and litigation.
The directory ranked six attorneys at Hale Lane: Frederick Battcher, corporate/mergers and acquisitions; Karen Dennison, real estate; David Garcia, corporate/mergers and acquisitions; James Newman, corporate/mergers and acquisitions; Stephen Novacek, real estate; J. Stephen Peek, litigation.
The Chambers USA directory is an independent, research-based guide that ranks law firms and individual attorneys based on technical legal ability, professional conduct, client service, commercial awareness/astuteness, diligence and commitment. This year's guide was based on more than 7,000 interviews with clients and attorneys to ensure that those included in the guide are the industry's finest.
GoldSpring, Inc. (OTCBB: GSPG) completed the relocation of its corporate headquarters from Scottsdale, Ariz., to the Plum Mine in Gold Hill, which is about 13 miles from Carson City. Contact the headquarters at 847-5272.
The company announced a 10 percent increase in gold production to 1,250 ounces in July compared to 1,126 ounces in June. Scott Jolcover, the company's general manager at the Plum Mine, said:
"The production increases are in line with our internal projections and represent a 137 percent increase over May's gold production."
These production increases come as the company continues to identify ways to improve operating efficiencies to reduce costs and increase overall production. GoldSpring raised $800,000 from its existing investors in July 2005. This financing provides the capital for the company's takeover of crushing operations.
The Rose/Glenn Group received seven awards from the local Sierra Nevada Club of International Association of Printing House Craftsmen including two gold, one silver, two bronze and two honorable mentions. Rose/Glenn was awarded the gold Craftsmen for its work on the 2004 Nevada State Bank Profile Viewbook, a penny-themed booklet highlighting the bank's history, programs and services, and the WIN Membership Brochure, designed to resemble the bright orange "Wheaties" cereal box.
At least 2 million television viewers across the United States will see Nevada from a different angle when "The Nevada Passage," a one-hour adventure reality program, airs in at least 95 cities beginning this month.
The program follows 20 amateur athletes from 11 states, paired into 10 two-person male-female teams by profession, as they compete in a series of adventure sports in six diverse sites across Nevada.
"The program is exciting to watch, and it is going to shatter a lot of stereotyped images about Nevada," said Lt. Gov. Lorraine Hunt, chair of the