How Will Check 21 Affect You? You may already be familiar with Check 21, a federal law that goes into effect on October 28, 2004 If you're like me, this may be something you hadn't heard about until just yesterday The Check Clearing for the 21st Century Act, otherwise known as Check 21, is the process of turning the checks your write into images and transmitting them by computerWhat does this mean to you?Expect the time your check clears to decrease drastically If you ...

Hurricane Recovery: Financial Institutions Step It Up We have all heard the stories of financial institutions exploiting consumers with shady practices such as exorbitant interest rates, hidden fees, and the like These accounts anger us and, rightfully, those that practice these deeds should be exposed Fortunately, not all reports are bad as evidenced in the way many companies are treating their customers in light of recent disasters such as Hurricanes Katrina and Rita LetÂ’s take a look at how some ...

New Generation Of Financial Information Systems Makes Crunching Numbers Faster And Easier In what seems like only a few short years, fiscal selective information systems (FIS) have evolved from simple, back-office support systems into fully integrated solutions that can handle everything from payroll to accounts receivable and gross cycle management But such increased functionality would not be possible without the ability to combine disparate databases into a single source of entropy that can be mined at multiple levels The importance ...

Are You Having Sleepless Nights Because Of Your Finances? YouÂ’ve worked hard all day and come home at night, only to discover that you canÂ’t get comfortable in your own bed You toss and you turn for well over three hours As 3am approaches, you finally go to sleep but the alarm sounds all too quickly at 6 am ItÂ’s time for you to go to work Day two comes and youÂ’re off again to the usual rat race You ...

Pensions Pensions are definitely a political “hot potato” in most countries around the world as population demography changes with an increase in the numbers of retired citizens Canada is no exception as private pension schemes are being promoted to take the heat off the Governments Canada Pension Plan that many analysts believe will not be able to cope in the future Please note that any pension payments are classed as income and will be subject to standard taxation rules Using ...

Should You Use A Private Wealth Management Broker? If you have a business and all of the struggling and hard work you have been doing to make your business successful, then it's probably a good idea to look into a private wealth management broker You don't have to be a wealthy business, at the moment, but a financial service may be able to help you extend your potential, maybe even better than you have ever imagined When searching for an ...