Banking and Finance

When Do You Call in the Fraud Team?

The national fraud meter is crackling at some historic peaks. In a profession in which auditors are hired by the company, just what is “auditor independence?” And when do you call in a special team?

How ServisFirst Keeps Scoring

Always a standout in our annual report on bank performances, ServisFirst explains how its key measurements spring from a tight focus on core competencies. Focus has led to expansion — from Birmingham to Nashville to Charleston to Tampa, and from income of $52.3 million to $137 million.

What’s Your Credit Score? FICO Helps With Answers

For the average consumer, there are many mysteries surrounding credit scores. What is a FICO score? Is it really necessary to monitor this metric...

Bank Exposure on Commercial Real Estate Creeps Higher

According to a recent report in National Real Estate Investor, a “day of reckoning” may be looming for banks with too much exposure on commercial real estate loans.

Alabama Credit Union Act Fine Tuned

During the most recent Legislative session, Alabama Governor Kay Ivey signed into law an update to the state’s credit union act.

How Community Banks Balance Local Ties and New Technology

For businesses in midsized cities, community banks are still the source of wherewithal. For the bankers, it’s a balancing act between the strength of local relationships and the cost of new technology.

Global Bank Access Without Lifting a Finger

Diamond Fortress’s fingerprint ID system works on a smartphone and opens secure banking services to remote areas of the world.

How Small Businesses Can Enter the Sea of Federal Procurement

Alabama small businesses have been relatively slow to take advantage of this SBA program designed to navigate the stream of federal government contracts.

Insights in Credit Union Lending

Leading Alabama credit unions see a shift from mortgage to consumer lending, temperate reaction to rising interest rates and accelerated adoption of online loan transactions.

Service, Rebranding Mark Jackson Thornton’s Centennial Year

Jackson Thornton kicked off its “100 Years | 100 Acts of Service” to benefit Rise Against Hunger by using its 200-plus team members to pack more than 34,000 meals.

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