Transaction processing

One short-term SMART goal that will help improve my leadership practice of delegating tasks would be to write and implement a new policy and procedure document for our team. This new policy and procedure documents will address our current payment processing procedures. The document will be implemented at the beginning of the academic quarter on April 1, 2017. To achieve this goal I will need to devote one hour each week for the next two months to outline, write the document, and gather…

technology. This identity theft depends on legal and economic identity in contemporary society that is largely “virtual.” This theft depends on access to consumer data through the Internet, such as files that are the property of a credit card payment processing company. Identity theft is a pervasive crime that requires cooperation among law enforcement agencies, the federal and state government, and citizens to develop a comprehensive and effective response. To reduce the impact of identity…

contacts to enhance their profits. JPMorgan Chase is an example of a conglomerate because JPMorgan & Co and Chase Manhattan Co, merged together to form JPMorgan Chase. JPMorgan Chase is a company where they provide financial services, financial transactions processing, private equity, commercial banking, etc. The corporation has a diverse variety of business expertise. JPMorgan Chase is headquarters is in New York City. Their headquarter is in New York City because they can create…

The First issue identified was that of whether or not Miss. Seashell is still liable for the $200,000.00 despite not signing the charge on her property but signing to the loan document. In the absence of a charge on the property equates to an absence of equitable interest to the Bank. This therefore means that the bank is unable to exercise its power of sale in order to recover it’s debt in default. Nonetheless, under the law governing contracts, it is established that the bank's contract with…

reports; another important part of the job was to ensure we had all the proper documents, a trail of sources for auditing purposes; lastly, most of the miscellaneous work fell under researching and analyzing the various accounts and funds to ensure transactions were recorded properly and that budgets were met. I also spent a large amount of the summer sharing the…

information provided to MDHHS is often referred as the National Roster file and should be formatted as indicated in the State’s File Technical Record document. An electronic data interchange (EDI) health care transaction with the State of Michigan’s Community Health Automated Medicaid Processing System (CHAMPS) must contain the data elements as identified in the Payer File Technical Record. MDHHS will analyze and review this file while communicating any discrepancies or problems to the payer…

textbook, Business Law Today written by Roger Miller that Uniform Commercial Code Section 3-403(a) “ the bank must recredit the customer’s account when it pays a check with a forged signature” (Miller, Ch. 24-3f). In this case where BB&T is liable for processing Union’s check with a forged drawer’s signature. Also according to UCC Section 4-406(f) that “a customer who fails to report a forged signature within one year from the date of the bank statement loses the legal right to have the bank…

Every time I speak about spending money with a person, and they mention not owning a credit card. I’d tell them and sometimes argue, that not owning a credit card means they’re completely missing out on all the great benefits it offers. They and some people would counter argue and exclaim that owning a credit card could drive them into debt and break their bank. Those concerns are legitimate; however, owning a credit card will reward a person with benefits that overcomes debit cards. Having one…

replace their inventory movement systems as the old one is quite outdated. Newly introduced ERP is the best choice for them to handle the problems of inventory as ERP has full potential to record, classify and summaries all the inventory movement transactions. Secondly the need for new ERP system installation required to integrate their system to meet business plan and streamline their processes for future. Hershey had chosen SAP as a centralized system, which is then followed by planning and…

organization must follow guidelines laid by HIPPA. The most recent version of HIPAA used in the healthcare industry is 5010. This helps in protecting the Patient Health Information (PHI), medical health records and conduct certain health care information transactions electronically. Companies must have their systems secured with the required firewalls to secure the patient information. While, working for a Healthcare company, every employee has to strictly abide with the guidelines given by…