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Trena B. Sep 10, 2024
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If you are expanding your business globally, register to receive details of the launch of FD Global Academy.
https://www.fdglobal.com.au/learning/

FD Global Academy™️ - FD Global

https://www.fdglobal.com.au/learning/

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Reda H. Sep 11, 2024 -10:08AM Thanks
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Sarah H. Sep 10, 2024
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Last active over 7 days
Lovely to join this network, and a genuine thank you to Angel Lorente for the invitation.

Looking forward to exchanging insights & exploring collaboration and growth opportunities regarding training, marketing & business development. I have been involved in the online trading space since 2006 and am currently the CEO for allFX-Consult, a boutique training and consulting agency based out of Limassol, Cyprus.

Happy to see Viktoria Soltesz contributing here as well, love her work and perspectives!

Feel free to reach out anytime!

Sarah
 
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Viktoria S. Sep 5, 2024
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How Banks Think...and why you should care about it

Perfecting products, competing in new markets, and investing in marketing are crucial for businesses, but often, the importance of banking and payment planning is overlooked. This oversight can lead to unnecessary fees and unexpected risks. Banks operate with a focus on managing risk, maintaining profitability, and complying with strict regulations set by central banks and governments, all of which influence their decisions and interactions with clients.
Regulations are designed to prevent tax evasion and maintain the financial system's integrity, which means banks categorize businesses by risk level, with high-risk clients facing greater scrutiny. Compliance with international regulations is also critical for banks to operate globally, and this is a challenge especially as digital banking and fintech solutions push traditional banks to innovate despite often outdated systems.
Understanding how banks think—balancing risk management, regulatory compliance, and profitability—is essential for making informed decisions and avoiding costly mistakes. Consulting with payment and banking experts is crucial, as they possess the necessary experience, networks, and knowledge to navigate the complex and rapidly evolving financial landscape.

Read more: https://www.merchantadviceservice.co.uk/news/how-banks-think-and-why-you-should-care-about-it
 
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