Proposed New IRS Reporting Requirements Oct 4th, 2021 by: Anna Beam, Vice President | Associate Marketing Director Banking Tips While we do not routinely raise issues occurring in Washington with our clients, keeping your personal and financial information private and secure is our top priority. Congress is considering a plan to require all financial institutions to report detailed information on your personal and business bank accounts to the IRS, raising serious questions about your ... Read More
Imposter Scams: What Are They And How Can You Protect Yourself From Them? Sep 9th, 2021 by: Anna Beam, Vice President | Associate Marketing Director Banking TipsInformation SecurityInternet SecuritySecurity What was the No. 1 type of fraud Americans reported in 2020? If you guessed imposter scams, you’re correct. The Federal Trade Commission filed nearly 500,000 complaints about imposter scams last year — marking imposter scams the most common form of fraud reported to the FTC in 2020. Imposter scammers lie about their identity — ... Read More
Why Businesses Need To Embrace The Digital Payments Now Apr 6th, 2021 by: Anna Beam, Vice President | Associate Marketing Director Banking TipsBusiness Tips Before the pandemic, most businesses were living comfortably in the paper world when it came to managing their payments and collections. Many had relied for years on back-office staff to stay on top of the constant flow of checks, invoices and snail-mail. If that approach looked outdated before, it seems prehistoric after the events of ... Read More
Cyber Criminals Are Raising Their Game; Small Businesses Must Respond Feb 23rd, 2021 by: Anna Beam, Vice President | Associate Marketing Director Business TipsInformation SecurityInternet SecuritySecurity Another day, another damaging cybersecurity breach. That’s how it may seem lately as a long list of high-profile firms has fallen victim to a surge in malicious online activity. But for every breach that grabs the headlines, there are thousands of smaller businesses being hit by online fraud attempts that are growing rapidly in boldness, ... Read More
Tips To Protect Yourself From Scammers Dec 21st, 2020 by: Anna Beam, Vice President | Associate Marketing Director Information SecurityInternet Security Scammers often use the same old tricks in new ways. Some scammers pretend to be popular online shopping websites, government officials or credit card companies phishing for your personal information and access to your money. For example, you get a message claiming to be from Amazon or maybe your credit card company. The communication states your ... Read More
