Do You Know the Security Risk of Third Parties?

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When doing business with third parties, you need to be aware of the risks you may be facing. Although third parties may have access to sensitive information, many companies believe vendors wouldn’t notify them if there were a data breach. Therefore, it’s important you have your own cybersecurity system in place for vendors. Follow these… Read more »

Making Too Many Decisions – Is It Possible?

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When you take on the responsibility of making all business decisions yourself, your company suffers. Here are some reasons why and how you can change your outcome by asking for help. Making Bad Choices Affects Business When you’re making too many decisions on your own, you end up making bad ones that negatively affect your… Read more »

Why a Financial Recruiter Helps Your Company More Than You Think

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Chances are you’ve heard about financial recruiters, but never actually used their services. Here are four ways a financial recruiter may help your company increase your bottom line. Provide Qualified Candidates A financial recruiter understands the job market and has insight into top candidates. A recruiter knows the best talent in the finance industry, including… Read more »

What Builds an Effective Whistleblower Program?

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A whistleblower program can be an effective method for stopping fraudulent activities, although not many companies utilize such a program. Here are some steps to take in building an effective whistleblower program, and how they benefit businesses. A Whistleblower Program Should Encourage Early Reporting An effective whistleblowing program should include reporting financial fraud early and within… Read more »

Strategic Planning Helps You Become a Better C-Suite Executive

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One of the areas that C-suite executives need the most improvement in is strategic planning. Because you want to separate yourself from the other high-level executives, you’re going to want to work on this area. Here are a few ways you can improve on your company’s strategy and help your business prosper. Emphasize Corporate Culture… Read more »

False Positives – Why You Need to Be Aware of Them in AML

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  False positives are always an issue for a financial institution’s Money Laundering Reporting Officer (MLRO). The MLRO has to spend substantial amounts of time and money investigating every client record that matches a name on a risk, sanction, or politically exposed person (PEP) register. Although institutions may want to change their rules for identifying… Read more »

Hire Education: 5 Essentials for Employee Engagement

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  “Customers will never love a company until employees love it first.” – Simon Sinek Stands to reason doesn’t it? Yet, despite the simplicity of the concept, few organizations have come around to embracing this basic truth. More disturbingly, in light of an economy that has never quite rebounded in many places, employers that are… Read more »