Abrigo

JANUARY 24, 2024

Prevent fraud when adopting FedNow Credit unions can prevent fraud as they connect to FedNow. Use this guide to understand available tools and the steps AML and fraud teams should take. You might also like this FedNow implementation guide with details on appropriate AML/CFT and fraud considerations. DOWNLOAD Takeaway 1 Preventing fraud is a top concern of credit unions considering adopting FedNow, the new instant payments infrastructure from the Federal Reserve.

Credit Unions 88

Credit Unions Credit and Collections Transactions Cybersecurity 88

Accounting Department

JANUARY 24, 2024

From a manufacturing perspective, inventory is everything for business owners that can significantly impact their financial well-being. That is why effective inventory management is of utmost importance for manufacturers or other businesses that keep things on the shelves.

84

84

Abrigo

JANUARY 24, 2024

Account for the details before your FDIC bank acquisition Consider these tips for assessing your institution and a to-be-acquired institution for a smooth integration You might also like this webinar, "Valuation and purchase accounting: Navigating the changing M&A landscape." Watch NOW Takeaway 1 With the FDIC increasing examination staff and 44 banks on the problem bank list last quarter, some acquisitive institutions are considering the FDIC bid process.

CECL 78

CECL Credit Risk 78

Due

JANUARY 24, 2024

Over the past two decades, the US has been through several massive crises that put millions of households and businesses into the gutter. Many years have passed since the Dot-com bubble, the Real Estate Market Bubble, and the Global Financial Crisis. Yet, the memories of their aftermath have remained remarkable. These are only some unfortunate events that led to bankruptcies and macroeconomic weakness.

Bankruptcy 52

Bankruptcy Insurance Companies Deductions 52

ForwardAI

JANUARY 24, 2024

Originally posted on: EINPresswire CLAYMONT, DE, USA, January 24, 2024 / EINPresswire.com / – Forwardly, the instant payment solutions for small to medium-sized businesses and accounting firms, announced the launch of its advanced Bill Payments system. The new Accounts Payable (AP) automation will allow small businesses in the U.S. to pay bills instantly with 24/7/365 processing while providing multi-level approval features and flexibility to send partial and scheduled payments.

Accounts Receivable (AR) 52

Accounts Receivable (AR) Accounting Firms Small Businesses 52