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.…
Thought Leadership
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…
Have you safeguarded your hard-earned assets against fraud? Scammers continue to grow more creative than ever; masters of modern-day deceit that will strike when least expected, often disguised as someone you trust. According to the Association…
Recently, my wife has become almost obsessed with the evening news. While she has always been mostly on top of the passing scene, the current news cycle has both fascinated and scared her significantly. I doubt…
After an extremely strong start to the year in the stock markets, a pullback during the 3rd quarter was to be expected. While red ink is never fun, the sell-off during the quarter wasn’t anyone’s worst-case…
THE STOCK MARKET After a surprisingly strong start to the year, the stock markets came back down to earth during the 3rd quarter. Seasonality coupled with higher rates, continued confusing economic data and uncertainty about the…
Even if the Gross Domestic Product (GDP) report for the 3rd quarter ultimately looks different than it did the first two quarters of 2023, the economic data felt very similar in a lot of ways. The…
After some political theatrics in Washington, D.C., earlier this year, lawmakers finally agreed to raise the debt ceiling and avoid a catastrophic U.S. debt default that would have had unseen economic effects. While politicians may have…
The phrase “higher for longer” is getting a lot of air time and press lately. What exactly does it mean? Why now? and How will it affect the economy and financial markets going forward? What it…