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ABA Banking Journal: 20080101

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1. Sole Proprietorships and Currency Reporting
Q. Is it possible to exempt a sole proprietor from CTR reporting? A. Yes, you can exempt a sole proprietor's business, but you will need ...
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2. Now that they're public ... Industry experts makesense of the MasterCard...
[ILLUSTRATION OMITTED] At a time when credit cards are still a big source of bank revenue despite waning consumer confidence, a vexed Congress, and other ...
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3. Cash management on the web.
The first phase of web-based cash management occurred between 2002-2005. A consolidation followed. Key providers who remain are listed below. ACI www.aciworldwide.com Solution: Enterprise Banker ...
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4. Foreclosure fallout: subprime lending crisis adds tobanks' insurance...
[ILLUSTRATION OMITTED] The good news is that the subprime crisis hasn't been a huge direct challenge to community banks on the lending side. The bad ...
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5. Housecleaning raises a question.
Q. I am a new compliance officer and I am updating our policies related to the Bank Secrecy Act. Our old policy refers to "FinCEN ...
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6. Confidence needs to be led.
WHAT A FRAGILE THING confidence is. Events of the past six months have seen it coalesce and evaporate several times. Within banking's ranks, counterparty confidence ...
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7. C&D asset quality takes a hit.
One of the secondary impacts of the housing market crunch is predicted to be a similar pullback in construction and land development (C&D) lending. This ...
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8. A mixed medley of fraud news.
First the good news. The estimated cost of attempted check fraud jumped 122% over the last three years to $12.2 billion, but actual check losses ...
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9. 100 years of ABA Banking Journal.
2008 marks the 100th anniversary of ABA Banking Journal. On our mast-head you will see the rarely seen "Vol. C"-the Roman designation for 100, in ...
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10. Sleight of mind.
To our puzzle readers: After four and a haft years, the "Puzzle Lady," Lillian Nielsen, and her good friend Sam Percy, who provided us with ...
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ABA Banking Journal Archives