Mark Weintraub

From the In-House Fraud Investigation Teams: 2025 Benchmarking Report, take a look inside the structure, priorities and performance of internal fraud investigation teams. #fraudweek #ACFEKnoxville

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Today’s final rule modifies the enhanced supplementary leverage ratio standards to serve as a backstop to risk-based capital requirements and reduce disincentives for banking organizations to engage in lower-risk activities. Read more at https://lnkd.in/eR_9P2AV.

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Check and ACH Fraud is on the rise. Is your business protected? Fraudsters are targeting businesses through check and ACH scams, draining accounts and disrupting operations. These attacks can lead to financial loss, reputational damage, and operational setbacks. For additional information and resources, visit our "Avoiding Scams" webpage here: https://lnkd.in/gkMc6NNe You can also view our fraud educational video with resources specifically designed to help business owners: https://lnkd.in/g5xfKu_v We're committed to helping you protect your business from fraud. If you've been impacted by a scam incident, please notify us immediately: https://lnkd.in/gJBJvNxK

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In the latest edition of The Strategic Risk Mind Podcast by Fortify Risk Management, LLC, host Joe Anderson, CPCU, AFSB, ARM, CBRA interviews Leslie Major who is currently with Murphy Business Sales and the former CEO of Verity Business Consulting, where she served for over 13 years. Leslie has been affiliated with Murphy Business Sales for more than five years—overlapping with her leadership at Verity—and is now focused full-time on preparing businesses for sale and helping owners successfully transition. She also taught accounting at the University of Phoenix and holds both a Bachelor’s and a Master’s degree in Accounting from Boise State University.   In the attached short, we discuss how Verity Business Consulting finds ways to expand their services using cash flow planning and asset allocation and other higher-level work. (see the clip below). Here is a sampling of other topics we cover in the full Podcast (linked below):   - How to Start Using Controls - Internal Controls - Accounting Risk - Prevention vs Detection   If you are interested in working with Leslie Major or Fortify Risk CROs, you can set up an initial consultation here: https://lnkd.in/gxeWhUZX   YouTube: https://lnkd.in/g5k8zEyr   #lossreduction #situationalawareness #safetyproblemsolving #riskmanagement #chiefriskofficer #businessresiliency #accounting #accountingrisks #controls #prevention

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Retirement plan audits shouldn’t just meet requirements. YHB provides audit and advisory planning support that offers insight into risk areas, strengthens governance, and supports confident decision-making for plan sponsors. https://hubs.li/Q041l6Kl0

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Check fraud isn’t fading. It’s evolving. And financial institutions are feeling the pressure—higher losses, more exceptions, and overwhelmed operations teams. That’s why the smartest FIs aren’t waiting for checks to disappear. They’re realigning how receivables are handled—digitally, securely, and with fraud risk front and center. In our latest blog, we explore: ✅ The surprising rise in business check usage ✅ How organized fraud rings are driving up losses ✅ The operational shifts that reduce exposure without disrupting clients If your institution still relies on manual processing or off-site workflows, now’s the time to rethink receivables. Because when paper is part of the picture, smarter handling is your best defense. 👉 Read the blog: From Risk to Realignment: How FIs Are Combatting Check Fraud in Commercial Receivables: https://hubs.ly/Q03s-vd10 #FraudPrevention #Receivables #CheckFraud #TreasuryManagement #FinancialInstitutions #CommercialBanking #CheckAlt

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Your fraud team isn't the problem. Your tools are. The gap between "transaction initiated" and "funds gone" is seconds. Manual review cycles are hours. Fraud doesn't beat you on skill. It beats you on time. Three FIs figured this out: a community credit union, a CDFI serving 49,000 low-income members, and a $14B regional bank. Same problem. Same fix. Very different sizes. Here's what changed for their ops teams. ⬇

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Beyond financial loss, fraud triggers other costs that can quickly add up for your financial institution. Learn to be proactive against fraud in this white paper. https://lnkd.in/eetA2dCf

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Finseca Appoints Maggie Seidel as Chief Growth Officer to Drive Expansion Finseca has named Maggie Seidel as its new Chief Growth Officer, a strategic appointment aimed at strengthening the organization’s leadership as it scales its influence in the financial security profession. In her new role, Maggie will oversee strategic growth initiatives, driving engagement, membership expansion, and external influence, while ensuring alignment across marketing, membership, and external affairs. Her Key Focus Areas:- 1. Accelerating membership growth across diverse communities. 2. Enhancing engagement & impact through strategic alignment. 3. Driving innovation across marketing & external affairs. 4. Strengthening Finseca’s mission-driven influence in financial security. Why It Matters:- This appointment underscores Finseca’s commitment to growth-oriented leadership, as Maggie’s expertise in aligning people, systems, and strategic priorities positions her to deliver meaningful organizational impact. Her career spans roles at Wildlife Conservation Society, Townsend Public Affairs, Consumer Bankers Association, Charles Koch Institute, and American Property Casualty Insurance Association. How critical is the role of a Chief Growth Officer in shaping the future of professional organizations today? #Leadership #ExecutiveAppointment #ChiefGrowthOfficer #FinancialServices #FinancialSecurity #GrowthStrategy #BusinessLeadership #CareerNews #OrganizationalSuccess #ProfessionalGrowth #Innovation

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