Risk Management’s Role in Driving Progress for the new “The Purpose of a Corporation”

The Business Roundtable on Aug. 19, 2019 issued a new “Statement on the Purpose of a Corporation.” When I have done risk management reviews, I have noticed that most risk processes have not been reviewed in light on this new statement.  I have listed some examples in bold within the commitment below by the 181… Read More

Customer Risk in Cryptocurrency and Florida Payday Lending

There are new risks that might evade detection by the current risk management machine learning models used in financial institutions. I wanted to share some interesting observations that could impact risk in credit card portfolios. Florida is a state dominated by small business services. All small businesses rely to some degree on credit cards for… Read More