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Banking

Navigate business banking, accounts, and financial services effectively

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American Express Graphite and the New $895 Platinum Fee: A Business Owner's Guide to Budgeting Corporate Cards Without Losing the Math
·mike

American Express Graphite and the New $895 Platinum Fee: A Business Owner's Guide to Budgeting Corporate Cards Without Losing the Math

Amex launched the Graphite Business Cash Unlimited at $295 with 2% unlimited cash back and raised Business Platinum to $895 in 2026. Learn how no preset spending limit affects forecasts, how to book annual fees and 2%–5% rewards correctly, and a framework to compare effective fees, credits, and cash flow before you renew.

bookkeeping
small-business
financial-management
JPMorgan Chase Q2 2026 Earnings: $45.7 Billion Revenue and $18.1 Billion Net Income as $50 Billion Buyback Tests Capital Returns
·mike

JPMorgan Chase Q2 2026 Earnings: $45.7 Billion Revenue and $18.1 Billion Net Income as $50 Billion Buyback Tests Capital Returns

JPMorgan Chase Q2 2026: $45.7B revenue, $18.1B net income, $50B buyback authorization and 10% dividend hike after Fed stress test — tracked via public Beancount ledger FY2021–FY2026Q2.

financial-reporting
financial-analysis
beancount
Bank Reconciliation Checklist: How to Match Your Books to Your Bank Statement Every Month
·mike

Bank Reconciliation Checklist: How to Match Your Books to Your Bank Statement Every Month

A 9-step monthly bank reconciliation checklist that matches your book balance to the bank statement, separates timing differences from journal entries, and uses the divisible-by-9 rule to catch transposition errors in 30 to 60 minutes.

reconciliation
bookkeeping
small-business
How to Switch Business Bank Accounts Without Missing Payroll or Triggering a Fraud Hold
·mike

How to Switch Business Bank Accounts Without Missing Payroll or Triggering a Fraud Hold

A six-week playbook for moving business bank accounts—inventory every ACH, wire, and payroll rail first; seed the new account to dodge Regulation CC holds; move payroll last with a prenote; and run both accounts in parallel with daily reconciliation before closing.

business-banking
banking
payroll
Mercury vs. Relay vs. Novo: How to Actually Choose an Online Business Bank Account in 2026
·mike

Mercury vs. Relay vs. Novo: How to Actually Choose an Online Business Bank Account in 2026

Mercury, Relay and Novo all offer $0 monthly fees — but they solve different problems. This 2026 guide compares Treasury yield, Profit First buckets, cash deposits, wires, and bookkeeping fit so you pick by workflow, not branding.

business-banking
banking
fintech
Credit Union vs. Bank for Small Business: Fees, Loan Rates, and the 12.25% Cap
·mike

Credit Union vs. Bank for Small Business: Fees, Loan Rates, and the 12.25% Cap

Credit union business checking averages about $4.15 a month against $12 to $15 at large banks, overdrafts run roughly $26.61 versus $31.24, and new-auto rates sit near 5.44% versus 7.41% — but federal credit unions may lend only 12.25% of assets to member businesses, so facilities above $500,000 usually still route to banks. A line-by-line comparison of fees, approval odds, membership eligibility, and a 60-day parallel-account switch that does not miss payroll.

banking
business-banking
small-business
A Fed Rate Hike Is Back on the Table: What Small Business Owners Should Do About Variable-Rate Loans and SBA Financing Before the Next FOMC Meeting
·mike

A Fed Rate Hike Is Back on the Table: What Small Business Owners Should Do About Variable-Rate Loans and SBA Financing Before the Next FOMC Meeting

A potential 2026 Fed hike would lift prime and SOFR within days, raising payments on variable-rate lines, cards, and SBA 7(a) loans. Learn which loans reprice first, how to stress-test at +50 bps, and what to lock before the next FOMC meeting.

small-business
loans
sba
Small Business Bankruptcies Hit a Decade High: Why Subchapter V Filings Jumped 67% and What the $7.5 Million Debt Limit Fight Means for You
·mike

Small Business Bankruptcies Hit a Decade High: Why Subchapter V Filings Jumped 67% and What the $7.5 Million Debt Limit Fight Means for You

Business bankruptcies hit 24,737 filings in the year through December 2025 and Subchapter V cases jumped about 67% year-over-year in January 2026. This guide explains why filings are rising, how Subchapter V differs from traditional Chapter 11, what the $7.5 million versus $3 million debt limit fight means for eligibility, and the five-number dashboard that surfaces trouble months before a filing.

small-business
banking
financial-management
FV Bank Becomes the First US-Chartered Bank to Offer Stablecoin Settlement: What the 2026 Unified Fintech Platform Means for Small Businesses
·mike

FV Bank Becomes the First US-Chartered Bank to Offer Stablecoin Settlement: What the 2026 Unified Fintech Platform Means for Small Businesses

FV Bank launched a unified fintech platform June 18, 2026 — stablecoin settlement, digital asset custody, and programmable payments in one regulated US bank. Learn how USDT/USDC/PYUSD direct deposits work.

small-business
fintech
banking
SAFE Banking Revived June 2026: What the New Bill Means for Cannabis Businesses Seeking Banking
·mike

SAFE Banking Revived June 2026: What the New Bill Means for Cannabis Businesses Seeking Banking

June 24 2026 SAFE Banking reintroduced (38 pages) — safe harbor for banks serving state-legal cannabis, plus loans, debit, and mortgage access.

cannabis
banking
compliance
Treasury Sweep Accounts vs. Business Savings: Where Should Your Idle Cash Actually Sit?
·mike

Treasury Sweep Accounts vs. Business Savings: Where Should Your Idle Cash Actually Sit?

Fintechs like Mercury and Rho now offer treasury and sweep accounts yielding 3.7%-5.4% on idle business cash, but treasury balances are typically SIPC-insured up to $500,000 while sweep-network balances stay FDIC-insured — a distinction worth understanding before moving six figures.

treasury-management
banking
fintech
Nacha's 2026 ACH Fraud Monitoring Rule: What Every Business Must Do
·mike

Nacha's 2026 ACH Fraud Monitoring Rule: What Every Business Must Do

Nacha's Phase 2 ACH fraud monitoring rule took effect June 19, 2026, requiring nearly every business that originates ACH payments to run a documented, risk-based fraud monitoring process covering account ownership verification, change monitoring, anomaly detection, and audit trails.

payments
fraud-prevention
fraud-detection
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