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Basic Cybersecurity for Financial Service Providers: Passwords

Basic Cybersecurity for Financial Service Providers: Passwords

Posted on: April 20th, 2020

Cybersecurity is something that affects businesses of all sizes. These are some basic steps you can take to ensure that your business does not fall victim to cyber threats. In 2019, there was an increase of 17% for Data Breaches according to James E. Lee, COO of the Identity Theft Resource Center. While most people […]

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Bank Regulators Ease SAR Requirements for Hemp-Related Businesses

Bank Regulators Ease SAR Requirements for Hemp-Related Businesses

Posted on: April 15th, 2020

Banks are no longer required to file suspicious activity reports (SARs) for customers engaging in the growth or cultivation of hemp. Under the 2018 Farm Bill, hemp has been reclassified. DEFINITION OF HEMP The 2018 Farm Bill now defines hemp as a variety of cannabis that contains .3% or less tetrahydrocannabinol (THC). By doing this, […]

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Paycheck Protection Program Provides Support to Small Businesses

Paycheck Protection Program Provides Support to Small Businesses

Posted on: April 13th, 2020

DISCLAIMER: Our organization does NOT offer Payment Protection Program (PPP) loans. The information presented in this blog post is for informative purposes only. Keep Your Employees on Payroll and Help Cover Operating Costs During COVID-19 The CARES Act Paycheck Protection Program (PPP) is providing a loan option for small businesses through the Small Business Administration […]

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CARES Act Support Amid COVID-19 Pandemic

CARES Act Support Amid COVID-19 Pandemic

Posted on: April 1st, 2020

Relief for Financial Services Centers & Employees On March 27, 2020, President Trump signed a $2 trillion Coronavirus Aid, Relief, and Economic Security (CARES) Act relief bill that will provide support to those that are experiencing hardships due to COVID-19. The CARES Act includes: Direct payments ($1,200/individuals, $2,400/family, $500/child) to individuals at specified income level […]

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