We are frequently asked about recommendations for diligence in screening third parties, along with a slew of questions regarding insurability of third parties and exposures third parties may create. While the list of hypothetical questions could never end, the best advice is a strong process at the outset of engaging third parties and a strong […]
The post Third Party Due Diligence appeared first on Berkley FinSecure.
We are frequently asked about recommendations for diligence in screening third parties, along with a slew of questions regarding insurability of third parties and exposures third parties may create. While the list of hypothetical questions could never end, the best advice is a strong process at the outset of engaging third parties and a strong […]
The post Third Party Due Diligence appeared first on Berkley FinSecure.
The cornerstone to advertising through social media is the ability of the advertiser to reach the intended audience. In terms of selling, this is a great feature. A financial services firm, for example, can shape advertisements to a demographic that has more personal appeal, increasing the opportunity for a click-through and purchase or engagement. The […]
The post Targeted Employment Ads a Target On Your Organization! appeared first on Berkley FinSecure.
The cornerstone to advertising through social media is the ability of the advertiser to reach the intended audience. In terms of selling, this is a great feature. A financial services firm, for example, can shape advertisements to a demographic that has more personal appeal, increasing the opportunity for a click-through and purchase or engagement. The […]
The post Targeted Employment Ads a Target On Your Organization! appeared first on Berkley FinSecure.
Towson, MD – September 20, 2017 – Berkley FinSecure, a Berkley Company®, announced today that Stephen Scott Mynatt has joined the company as Southeast territory director. In his role, Mr. Mynatt will focus on promoting Berkley FinSecure to financial institutions through agents and brokers in the territory that will include Georgia, Florida, North and South […]
The post Berkley FinSecure Hires Scott Mynatt appeared first on Berkley FinSecure.
Resources and Communications The breach revealed and confirmed by Equifax on September 8, 2017 leaves many questions for consumers and businesses. At this point in time, additional information continues to become available which we will monitor with regard to our insured institutions. We encourage financial institutions to provide links for their account holders to the […]
The post Equifax Breach: Leaves Many Questions for Consumers and Businesses appeared first on Berkley FinSecure.
Avoid The Drive By – Get Out And Inspect, Inspect, Inspect In the business of lending, not all loans will perform. When this happens, the financial institution eventually becomes the owner of real estate, whether wanted or not. Taking possession of real estate exposes the owner to risks and opportunities for loss, even if being […]
The post Foreclosed Properties Are A Headache In More Ways Than One appeared first on Berkley FinSecure.
Don’t Let a Disruption Cause a Catastrophe At the core, a disruption to business is just that, a disruption to what is supposed to be happening. It’s far too easy to be distracted by excuses to make a continuity plan, or believe that a business may be too small to benefit from one.The facts are […]
The post No Excuses: Business Continuity Planning appeared first on Berkley FinSecure.
Manage Funds Transfer Exposures and Fraud Your financial institution clients have significant risk exposure when conducting funds transfers. Criminals prefer easy methods to conduct fraud that moves money quickly and makes it difficult to get back. The following outlines some basic controls that your FI clients can use for reducing risk and implementing best practices […]
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