Ways to increase financial security and banking efficiency in a remote work environment. It’s no secret that remote work is here to stay. Even prior to the pandemic, many jobs and business models were going virtual. However, the COVID-19 pandemic gave the rest of us an emergency trial run for virtual business — which led to some surprising results […]
How often does account fraud really happen? Fraud can happen anywhere with any business; however, small businesses, can be especially vulnerable. This is because they usually lack the resources to implement internal controls, IT security, or properly segregate duties amongst limited staff. Historically, periods of economic misfortune or uncertainty drive higher rates of fraud as people may become desperate for […]
Payment Authorizations Be proactive. Protect your account against fraud or unauthorized activity. Check Positive Pay Standard Bank offers Check Positive Pay to reduce the risk of fraudulent account activity by identifying unauthorized transactions before they occur. Business customers send batch files to Standard Bank, which include checks issued. We will confirm that all checks presented match those issued before they […]
There are multiple systems for tackling high interest debt and getting back on sound financial footing. It seems like everyone has an impressive-sounding name for THE plan to get you out of debt. Some swear by the snowball method because this method lets you see results faster in getting balances to zero and build upon those early wins. Others […]
Being the victim of fraudulent banking activity or a hacked account can feel like the absolute worst if it happens to you. Along with the hassle of disputing charges, there can be fees from debtors for returned or delayed payments in addition to potential overdraft fees. Will your credit be ruined? Will all your money be stolen? Panic sets in. Stop! Take a deep breath.
Thanks to advances in technology and security, customers are now able to integrate their banking with their everyday life. Morning or night, at home or in-store, you take your bank with you. However, as with all technology, it is what you make of it.