Blogs

Article | 5 min. |
Fraud continues to be a challenge for many organizations. According to the 2023 Association for Financial Professionals, 65 percent of organizations report that they continue to be targets of fraud. And as the payments landscape continues to evolve, fraudsters are evolving their tactics too. Targets of Payments Fraud Check issuing continues to decline as the number of organizations using digital payments increases. The mass adoption of digital payments is partly due to the remote work environment. Electronic payment usage increases may also be the reason there has been an uptick in ACH fraud...
Article | 5 min |
Social media has become an integral part of our lives, connecting us with our friends, family, and community. While social media platforms offer countless opportunities for communication and engagement, they also present risks that users need to be aware of, particularly when it comes to social engineering and scams. Read on so you can protect yourself from social engineers on social media. What is social engineering? Social engineering is the manipulation of our natural human tendency to trust what we see and who we interact with. On social media platforms, these attackers manipulate their...
Article | 7 min |
Quarterly Market Review: Q2 2023 By: Paul Dickson, Director of Research and Giri Krishnan, Senior Portfolio Manager An Unsinkable Economy? A tight labor market and continued high consumer demand appear to have staved off a recession – possibly until 2024 (if even then). This resilience has meant continued inflationary pressures and points toward more Federal Reserve rate hikes this summer. So far, the U.S. economy has defied many economists’ more dire predictions. Hopes are growing for a “soft landing,” even after the most dramatic tightening of monetary policy since the early 1980s. The risks...
Article | 3 min |
The Cash Conversion Cycle (CCC) measures how much time it takes for your business to convert inventory or other resources into cash from sales. Creating efficiencies with the CCC is one way to increase working capital without generating additional revenue. There are three important factors that affect your CCC: Days Inventory Outstanding (DIO): Measures how quickly your business converts materials into products. Releasing additional working capital into the CCC will allow your business to purchase needed inventory. Access to additional working capital may also allow your business to take...
Article | 5 min |
Knowing and understanding your finances is important. The system you use to manage them should be straight-forward, but without a primary checking account it can be a challenge to complete many essential financial transactions easily. A checking account is used for day-to-day banking, including depositing your paycheck, withdrawing cash and paying bills. There are various types of checking accounts to consider. The right fit depends on what you want your checking account to do for you. Here are some types to choose from: Standard checking account: Typically, standard checking account types are...