Journey of Reflection and Connection: From Doubts to Gratitude, Local Gems, and Business Synergies7/18/2023 In search of clarity and to overcome any lingering doubts, I made the decision to embark on a long weekend getaway. This respite allowed me to dispel imposter syndrome and reconnect with friends who have become like family. Moreover, I embraced the opportunity to engage in conversations and forge new connections within the payment industry. Words cannot adequately convey the immense gratitude I feel for my Brandeis University family. Transitioning from the Navy, I found myself at Brandeis, where I discovered a tribe that, even after three decades, remains unyieldingly strong, supportive, loving, and fun. The passage of time holds no sway over the enduring bonds we share. Returning to campus serves as a poignant reminder of the exceptional professors who shaped my journey, the opportunities that were bestowed upon me, and the inspiration derived from the brilliance of my fellow classmates and family. Jon, Pete, Howie, Tony, Monica, Ruth—thank you for taking the time to reunite, share meals, share laughter, exchange stories, and reminisce. To all those whom I regrettably missed, please know that I hold each one of you dear and am forever grateful for your presence in my life. As I ventured onward to Maine, I had the pleasure of catching up with Briana, a fellow Brandeis alum, and her husband Jon. Together, they own and operate Time & Tide Coffee in Biddeford, Maine (https://www.timeandtidecoffee.com/). I urge you to pay them a visit and celebrate a local business that not only possesses an artful mastery of roasting and brewing, but also excels at fostering personal connections with customers. Once again, I was reminded of the incomparable experience that comes with supporting local enterprises—a testament to the power of community. I must extend special recognition to The High Roller Lobster Company (https://highrollerlobster.com/). With a phenomenal staff, delectable fare, a menu that tantalizes the taste buds, great music resonating through the air, and an irresistible array of merchandise, this establishment is a must-visit. And let us not forget Blaze Brewing Company (http://www.blazebrewing.com/), a hidden gem brimming with charm. As evidenced in the photo, Penelope, the resident house cat, graced me with her presence, perching atop my shoulder for affectionate caresses. Don't miss out on their pickle board and pizzas—an absolute delight! With an excellent selection of beers, seltzers, ciders, and four-packs to-go, as well as a wide range of Boylan Sodas for those who appreciate a non-alcoholic alternative, this brewery caters to all tastes. Shifting gears to matters of business and entrepreneurial pursuits, I had the privilege of connecting with remarkable individuals such as Sallie Dwyer from https://ach.icheckgateway.com/ (iCG) Instantly recognizing the natural synergy between Serio Payments Consulting and iCG, I am convinced that our collaboration will make a positive impact in the payments landscape. Stay tuned for exciting developments as we uplift one another, safeguard your brand, and deliver top-notch services.
Fortune smiled upon me once more as I encountered another aficionado of all things FX: Paul Harrison from https://www.piifx.com/ (PIIFX), a preferred vendor of Serio Payments Consulting. Should you have inquiries concerning foreign exchange and cross-border payments, and if you seek a scalable solution to enhance your business, reach out to us, and we will gladly guide you through a demonstration. For me, building a business parallels the process of selecting my tribe—seeking opportunities, embracing openness, kindness, and honesty in all encounters, and relishing the chance to refine my pitch and articulate the value I bring. I find profound satisfaction in my current position, as a proud payments nerd, eagerly anticipating the boundless possibilities tomorrow holds.
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There are two areas of operational governance that will help drive decisions today, in the future and are required to drive success in our ever changing regulatory landscape.
Data-driven decision-making: Operational governance is becoming more reliant on data-driven decision-making processes. Organizations are collecting and analyzing vast amounts of data to gain insights into operational performance, identify risks and opportunities, and make informed decisions to enhance efficiency and effectiveness. Risk management and compliance: In an ever-changing regulatory landscape, operational governance is placing greater emphasis on risk management and compliance. Organizations are implementing robust frameworks to identify, assess, and mitigate risks while ensuring compliance with relevant laws, regulations, and industry standards. Here are ways we can help deliver and develop an evergreen mindset to help you de-risk your business. 1. Governance Framework: Serio can help establish a governance framework tailored to the specific needs of the startup. This framework outlines the roles, responsibilities, and decision-making processes within the organization, ensuring clarity and accountability. 2. Policies and Procedures: They can assist in developing and documenting policies and procedures that align with industry best practices and regulatory requirements. These policies cover areas such as fiscal management, data privacy, risk management, and compliance. 3. Risk Management: Serio can help identify and assess the risks associated with the startup's operations and provide guidance on implementing effective risk management practices. This includes evaluating potential risks in areas like fraud, cybersecurity, and operational disruptions. 4. Compliance and Regulatory Support: Startups often face regulatory requirements that can be complex and time-consuming to navigate. Serio can provide expertise in understanding and complying with relevant regulations, ensuring the startup's operations remain within legal boundaries. 5. Internal Controls: Developing robust internal controls is crucial for startups to mitigate risks and safeguard their assets. Serio can guide the implementation of internal control frameworks, including segregation of duties, approval processes, and monitoring mechanisms. |
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