Importance of Trusted User Identity Verification to Counter Fraud in Financial Sector

Monetary gain is often the motivation of criminals in infiltrating banking institutions, making the financial sector more vulnerable to fraud than other industries. Laws like the PATRIOT Act mandate financial firms to implement identity verification procedures and comply with regulations. These identity authentication processes are deployed when onboarding new clients and before authorizing transactions to ensure that the person accessing the financial services is who they say they are.

Chapter 7 vs Chapter 13 Bankruptcy

Nobody wants to file for bankruptcy, but it’s a key safety net for certain situations.  When considering bankruptcy, it’s important to understand the differences between Chapter 7 and Chapter 13 Bankruptcy. This infographic highlights the primary differences between the two in a Chapter 7 vs Chapter 13 comparison. 

Why Cash Flow Management is the King?

Cash flow management is the most important aspect of every business. A healthy cash flow ensures that the business can pay salaries on time and have funds for growth and expansion of the business. To better understand the importance of cash flow management, this infographic presents the insight about why cash flow management is king.

Factors That Trigger an IRS Audit

You may feel like you are a brave person who has a handle on fear. Then you receive an official letter, notifying you of an IRS audit of your income taxes, and you have a new respect for fear. Here is an infographic that looks at 10 most common situations where a high-risk IRS audit could evolve into a criminal tax investigation.

How Will Today’s Search Impact Your Financial Future?

The Coronavirus pandemic has thrusted people into looking into their finances and changing how they spend their money. Money Crashers recently released a study that shares what financial questions Americans are searching during the pandemic. Their findings can be found in the following infographic which looks at how searches during the pandemic will change the financial future of Americans.

Do Airbnb Landlords Deserve a Bailout?

It’s no secret that Airbnb hosts have been decimated by the Covid-19 pandemic. It’s helpful to put some numbers to it. How much are hosts around the world actually losing each month? How many hosts have overextended themselves with running multiple properties and now facing extreme financial pressure and liabilities? Do Airbnb landlords deserve a bailout?