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Category: Financial Services Businesses

link to What is FedNow? And How Does it Work?

What is FedNow? And How Does it Work?

Americans spend roughly $10 billion on payday loan fees each year because it takes banks 2-5 business days to actually deposit paycheck money into your account after you earn it. That's changing in...

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link to Why Dave Ramsey Is Facing a $150 Million Class-Action Lawsuit

Why Dave Ramsey Is Facing a $150 Million Class-Action Lawsuit

"Before Ramsey started promoting Timeshare Exit Team on his show, the company was doing less than $1 million in annual sales. Five years later, the company was doing over $40 million in annual...

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link to How to Price Fractional CFO Services (9 Examples)

How to Price Fractional CFO Services (9 Examples)

There is a trend among American businesses towards more contractor hiring and less employee hiring, which is creating increasing demand for outsourced finance services ranging from basic bookkeeping...

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link to Florida Bans ESG in Banking & Asset Management

Florida Bans ESG in Banking & Asset Management

The average ESG fund has 41% higher fees than the average non-ESG fund. That's great news for asset managers like Blackrock who collect those fees but bad news for the everyday worker whose...

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link to Definition of Money Transmitter under Florida Law

Definition of Money Transmitter under Florida Law

Florida Statute 560.103(23) (related to the regulation of money services businesses) defines a money transmitter. A money transmitter is a corporation, LLC, LLP, or foreign entity qualified to do...

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link to Why did Signature Bank fail?

Why did Signature Bank fail?

Barney Frank is a retired Democratic congressman who co-authored the Dodd-Frank Act (the set of new banking regulations that came in the wake of the Financial Crisis) and sat on the board of...

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