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Helping Nonprofits Embrace Cash Management

PYMNTS

Nonprofit organizations are responsible for providing multiple community services, including access to shelters, clothing, food and clean water, as well as educational and mental health resources. million tax-exempt groups active in the U.S., There are approximately 1.56 Spend Control Challenges And Solutions.

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Ensuring AML Programs Minimize Personal Liability

Abrigo

The former Chief Operational Risk Officer was fined for insufficient action on AML program deficiencies and staffing issues. Adequately staffed and risk-focused AML resources with good documentation are critical. Adequate, risk-focused AML resources are critical. Get adequate resources. Focus BSA/AML resources on risk.

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Bankers Are Navigating a Brave New World with Mergers and ESG

Gonzobanker

Cornerstone Advisors estimates $145 billion of pre-tax revenue has disappeared for bankers via margin compression in only the past two years. Whatever the good intentions of these new mandates, any new compliance orders require resources, change management, and an understanding of the unintended risks that could arise.

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Offering advisory services: Piecemeal or holistic approach?

Abrigo

Requirements for delivering an advisory service “can differ quite a bit depending on the type of advisory service,” he says, given the differences between risk advisory services, tax planning, or performance management consulting, for example. Consequently, the methodology that will be the backbone of the service deserves some focus.

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Analysts Eye Amex Commercial Cards Ahead Of Earnings Report

PYMNTS

billion in pre-tax earnings, reports added, and holds a return on investment at about 27 percent. “For global accounts, AXP is essentially operating a duopoly with Citi as the only global competitor, while JPMorgan dropped out last year,” the outlet wrote. Last year, the GCS unit provided $3.2

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How to keep good employees

Independent Banker

But equally important is what they should be doing to keep the talented employees that they already have, both to avoid a short-term staffing crisis and to keep the pipeline of leadership full. Here at Malvern Bank, we try not to focus on ‘talent retention,’” says Katelin George, human resources and marketing manager. Quick Stat.

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Threats, Risk Coming At Businesses From All Sides

PYMNTS

The latest analysis from SpiderOak also found that, surprisingly, professionals in IT and leadership groups are actually more likely to be using these unsanctioned group chats. of employee group chats in use are unsanctioned by their companies , and many of those employees are sharing sensitive corporate data over those group chat platforms.

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