Bank Secrecy Act/Anti-Money Laundering
The Main Street Lending Program: An Alternative to the PPP
The lender portal for the Federal Reserve’s Main Street Lending Program (MSLP) has opened as the alternative to the Paycheck Protection Program (PPP). Unlike the PPP, the Main Street Lending…
Contact Us for PPP Loan Forgiveness Processing Assistance
Mercadien is ready to assist you in facilitating the CARES Act Paycheck Protection Program (PPP) loan forgiveness processing. The SBA stated that Lenders are expected to perform a good-faith review,…
Mercadien Webinar Replay: Interpreting FFIEC BSA/AML Manual Updates
Manager Joseph Galdo, CPA, CFE, CAMS, and Supervising Senior Chrisitina Richardson, CAMS, presented a webinar Interpreting FFIEC BSA/AML Manual Updates on Thursday, May 21st. During the webinar, they went over:…
SBA Awards $20 Million Contract to Mercadien JV for Risk Mgmt. of 504 Loans
The Mercadien Group is pleased to announce that its affiliate company, Kingstonville-Mercadien JV, LLC, has been awarded a five-year contract with the U.S. Small Business Administration (SBA) to provide risk-based…
Frank Pina Receives Distinguished Achievement Award from Association of Certified Fraud Examiners
The Mercadien Group congratulates managing director and co-chair of its Forensic & Litigation Support Services Group, Mr. Frank Pina, CPA, CFF, CFE, CGMA, who was bestowed the Distinguished Achievement Award…
A World of Innovation
This article is featured in the Spring 2018 issue of NJ Banker Magazine. Stop and think about this: We keep hearing about innovation in just about every facet of our…
Prevent Fraud With Stronger Consumer Profiling
When we hear the word fraud, our own personal ideas and experiences about it usually come to mind. An official definition of fraud as published by the Institute of Internal…
Bitcoin in Brief: The Mystery Unraveled
Many of us have overheard or joined discussions with friends and colleagues regarding bitcoin. Perhaps you have skimmed articles discussing its potential as a commodity or its future demise as…
Highlights of the FFIEC BSA/AML Manual Update
The Federal Financial Institutions Examination Council (FFIEC) recently made significant changes throughout more than a dozen sections of the Bank Secrecy Act and Anti-Money Laundering (BSA/AML) Manual, the first update…
The Buzz About Bitcoins
With the latest buzz about bitcoins – a decentralized, digital currency just a few years old – it is extremely important for the banking industry to understand their use and…