Thought Leadership Archive
2023 has been one of the weirder years in my career, if not my life. While some of the data has been good, namely anything to do with the labor markets, the majority would have suggested…
After the deluge of red ink in September and October, we have told our clients to expect the stock market to rally to close the year. Of course, when you say such things, you have to…
This video collection features Trent Green, Managing Director, Deposit & Treasury Management at Oakworth, and corresponds to our larger corporate fraud prevention education series. Learn more about how you can manage corporate fraud. How Oakworth Can…
Currently, there seems to be no shortage of bricks for our wall of worry. Higher interest rates, coupled with a negatively sloped yield curve, are troublesome. Our nation’s growing public debt is a problem. The lack…
In 2022, banks issued roughly 680,000 reports of check fraud to the Financial Crimes Enforcement Network. That’s nearly double the 350,000 reported in 2021. Since May of this year, the U.S. Postal Service Inspection Service has…
This morning, the Bureau of Labor Statistics (BLS) announced the U.S. economy created 150K net, new payroll jobs during October 2023. Of these, only 99K were in the private sector. Both of these observations were less…
Yesterday, the Bureau of Economic Statistics (BEA) announced U.S. Gross Domestic Product (GDP) grew at a feverish 4.9% during the 3rd Quarter of 2023. If you had told me earlier in the year the economy would…
What are the steps your business team can take to prevent corporate fraud? Our Oakworth Treasury Management team gives you a detailed discussion to explain how you can better protect your business on the front end.…
Business Email Compromise (BEC) is a direct attack that exploits and targets individuals through social engineering tactics, such as impersonating an executive, vendor, or associate or stealing credentials in order to get an associate to share…
According to the Association of Certified Fraud Examiners (ACFE), American businesses will lose an average of 5% of their gross revenue each year to fraud, causing a median loss of $117,000. Smaller businesses are at an…