Hide Show Why does my Bank of America credit card or debit card now include a chip? As chip technology will soon become the security standard in the U.S., many merchants are beginning to accept chip cards and we want you to be ready. You’ll enjoy greater security when making purchases at a chip-enabled terminal since the […]
Archive for November, 2016
The Durbin Amendment Explained
November 29th, 2016 
TBI Admin Every time you swipe your debit card, you draw into the Durbin Amendment – a law that costs consumer an estimated $4 billion annually. The amendment, part of the 2010 Dodd-Frank law, sharply lowered debit card interchange fees — charges that stores pay banks when a customer makes a purchase. Supporters said the measure, sponsored […]
Posted in Business Topics, Ethics, Internal Controls, Strategies 
Tags: Durbin Amendment 
No Comments »Security Standards Council
November 29th, 2016 TBI Admin Official PCI Security Standards Council Site – Verify PCI Compliance, Download Data Security and Credit Card Security Standards The PCI Security Standards Council is constantly working to monitor threats and improve the industry’s means of dealing with them, through enhancements to PCI Security Standards and by the training of security professionals. Keep your systems secure, […]
Basics of Internal Control
November 19th, 2016 Staff The Internal Control Integrated Framework published by The Committee of Sponsoring Organizations (COSO) is the recognized standard for establishing internal controls. COSO defines internal control as: “a process, effected by an entity’s board of directors, management and other personnel, designed to provide reasonable assurance regarding the achievement of objectives in the following categories: Effectiveness and […]
The 10 Bookkeeping Basics You Can’t Ignore
November 15th, 2016 TBI Admin Millions of small business owners and startup entrepreneurs are masters at creating great products and services, building awesome teams and winning over customers. Many of them, however, would probably flunk basic bookkeeping. But if you – the business owner – don’t understand the different types of “accounts” your bookkeeper uses to organize your finances, measuring […]
5 Business Model Components Every Entrepreneur Needs
November 14th, 2016 Staff Is your business on a collision course with a train, but yet you’re 100% focused on getting more people to like your Facebook page or follow you on Twitter? Let me enlighten you: Big mistake. If your core fundamentals are out of whack, so is your business. Danny Iny, Founder and CEO of Firepole Marketing, […]
How leadership systems are key performance indicators in a business
November 6th, 2016 Staff The success of any business firm starts with its leadership system and how it is integrated. Many firms has anticipated high levels of success due to high integrated leadership systems which impart better management techniques and skills to achieve high profitability in the Company. It imparts a sense of direction and strategic plan that ought […]
