Category Blog

The cash is filthy. In the hands of criminals, money laundering seems like an easy fix for ill-gotten gains. A few deposits and strategic moves could clean up untold sums of cash, making it ready to use for such dark…

When a business owner wants to pay his workforce regularly, there’s a digital network for that. If the federal government issues a stimulus directly to American bank accounts, interest is paid on investments, or dividends are received by shareholders, there’s…

It may sound like the setup to a story about common scamming attempts, but sometimes your sister, brother, or loved one really is stuck in another country – say, with a virus the family all worried they would catch traveling…

Maybe it was a charge for Popeye’s chicken. Maybe a Walmart shopping spree tipped you off. Unusual charges look different for everyone, but they can be glaring red flags to debit card fraud. If you catch fraud early enough, however,…

You can bank on it. Americans rely on banking. Annual reports from the FDIC show only 4.5% of American households were unbanked in 2021, a level that has steadily decreased since the first survey in 2009. Unbanked households are those…

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,…

It’s no secret that the process of employee onboarding is crucial for the success of any business. As an HR professional, it’s your job to make sure they feel welcome and supported in their new role so they can get…

You don’t have to be a banking professional to know that there’s a lot of fraud and scams out there. The truth is that fraudsters constantly try to get into your bank account, credit card, or other financial accounts. How…

The field of banking is one that never stops growing and changing. To succeed, you have to go to classes, traininge, seminars and more constantly. The good news is you have an option to take classes online now, which can…

Commercial loan due diligence is a critical aspect of the lending process that helps both lenders and borrowers ensure a successful loan transaction. This comprehensive guide will delve into the concept of commercial loan due diligence, its significance, and the…