Michael Beird

For banking professionals, understanding the regulations that govern lending practices is crucial, particularly when these regulations protect a unique and valued segment of society: military personnel. The Military Lending Act (MLA) is one such regulation established to safeguard the financial…

Online account application fraud poses a serious and growing threat to financial institutions. Criminals use stolen or fabricated information to open accounts, which they then exploit for illegal activities like unauthorized transactions. Unlike traditional fraud, this type leverages the anonymity…

The role of a corporate board secretary has transformed significantly over the years, moving far beyond the traditional view of mere note-taking. Today, the board secretary is a cornerstone of corporate governance, responsible for a wide array of tasks that…

Managing safe deposit boxes (SDBs) in a bank is a critical responsibility, demanding a high level of security and vigilance. As custodians of valuables ranging from legal documents to precious heirlooms, banks must maintain an ironclad system to safeguard clients’…

Ensuring compliance with anti-money laundering (AML) regulations is critical to maintaining the integrity and reputation of any financial institution. For banking professionals, the challenge lies not only in adhering to these stringent requirements but also in continually enhancing the effectiveness…

The rise of digital banking and online transactions has ushered in a new era of convenience and accessibility for customers. However, it has also opened up new avenues for fraudsters to exploit. Traditional methods of fraud detection, reliant on static…

MSBA-Certification Introduction to Fintech Fintech, short for financial technology, encompasses a broad spectrum of innovative solutions that leverage technology to improve and automate financial services. In today’s rapidly evolving financial landscape, fintech has become a key driver of efficiency, accessibility,…

Commercial real estate (CRE) lending is a cornerstone of the banking sector, providing the necessary capital for businesses to invest in properties that support their operations. From office buildings to retail spaces, CRE loans are vital for economic development and…

Recommendations CERTIFICATION: Money Services Business Banking Certificate WEBINAR: Cybersecurity Compliance Frameworks – What Your Institution Needs to Know WEBINAR: Prepaid Programs – Critical Considerations for Implementation Introduction The burgeoning fintech and money services business (MSB) sectors present significant opportunities for…

Created as a fantastic alternative to slower check processing and funds transfers in the 1970s, Automated Clearing House (ACH) transactions accounted for $1.2 Trillion in funds moved between bank accounts using same-day transfers in the first half of 2023 alone,…