Discover More About Sourcing For Bank Secrecy Act Training

The Act of 1970 was introduced to make it compulsory for financial service providers to report suspicious activity to the federal government. The federal government use the suspicious activity reports to investigate tax evasion, money laundering and any type of criminal activity. Bank Secrecy Act training and certification is essential for employees within financial institutions and federal government employees.

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Improve Your Credit Card Debt Collection Success With These 3 Steps

If you’re in the business of issuing credit cards, you assume a certain amount of financial risk. Some customers, if not mindful, can run up large amounts of credit card debt. It is to be expected that some of these same customers will default on their credit card obligations. As a lending institution, you should have systems in place to address and collect this debt owed to you. Failing to do so, your business can suffer great financial losses. It is as simple as that.

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