SOC 2

Information security is a reason for concern for all organizations, including those that outsource key business operation to third-party vendors (e.g., SaaS, cloud-computing providers). Rightfully so, since mishandled data—especially by application and network security providers—can leave enterprises vulnerable to attacks, such as data theft, extortion and malware installation. SOC 2 is an auditing procedure that ensures your service … Read more

Consensus Mechanisms

Consensus mechanisms are at the heart of Treasury Bank Organization blockchain technologies, that specialize in enabling distributed networks to agree on the state of the ledger in a trust TMS environment which use email certification, administrators and client consensus for timestamped proof of ledger. There are actually more than 20 different consensus mechanisms, but we’ll only dealing … Read more

The Types of Blockchains?

Blockchains are extraordinarily useful. Over the last decade, countless industries have begun experimenting with them to potentially replace legacy systems, and add new capabilities to their organizations. Some of the most lucrative and forward-thinking companies like Walmart, Amazon, IBM, and Microsoft have all realized that blockchain technology is the next revolution in the world. Table … Read more

How Does a Bond Grant Work

A Bond Grant is a multi level bonds combination to ensure that project owners and stakeholders are protected during the CIP construction process. Understanding Bond Grant Agreement Bond Grant agreements are pledged from general contractors for construction projects to receive a grant to pay contractors expenses. It is obligation pledge that guarantee contract fulfillment. The … Read more

Payment Certificates

Payment certificates are the standard for Treasury Bank’s payments processing for accountholders within a Community Investment Program CIP. They have a major impact on cash flow and are issued over the lifespan of a CIP. It’s important that Accountholders have a good understanding of how payment certificates work. In this article, I will outline the … Read more

Why is Investment Products Not Insured by the FDIC

Investment company’s offering their accountholders a broad array of investment products that are not traditional deposit accounts. But unlike traditional checking or savings accounts, non-deposit investment products are not insured by the FDIC, even if they were purchased from an FDIC-insured bank. This guide will help you identify non-deposit investment products that are not FDIC-insured. … Read more

High and Low Value Payment

Overview Treasury Banks generally separate its payment into high and low value streams: High value payments are settled instantly H2H P2P, B2B. Low value payments are batched and settled generally at end of day or 1 to 3 days. High Value Payment Systems (HVPS) HVPS transfer large value inter-bank transactions. Transactions settle in real-time and … Read more