Posts by Chad Deatherage

The Federal Reserve Bank is currently developing a new instant payment service called “FedNow” that will allow financial institutions to make instant payments. The FedNow Service will begin operating in July 2023 and it is the first U.S. government-created and -backed portal that will enable financial institutions to send and receive payments in real-time 24…

Payment automation solutions have transformed the way businesses handle their accounts payable departments. With the increasing need for cost savings, efficient payment processing, and secure financial data management, payment automation has become an essential tool for modern businesses. In this article, we will look at the benefits and features of automated payment systems, how they…

Visa is a global payment technology company that provides electronic payment solutions to financial institutions, merchants, and consumers. It is one of the most widely accepted payment methods around the world. Visa has a set of rules and regulations that govern the use of its payment network, and these rules and regulations are subject to…

In today’s globalized world, understanding a country’s economic health is crucial to comprehending its overall well-being and development. There are several metrics that can be used to determine how well the country is performing, and one of them is called income per capita. In this article, we will be talking about what it is and…

Key Takeaways The Times Interest Earned (TIE) ratio is used to evaluate a company’s ability to meet its debt obligations. A good TIE ratio is generally considered to be 2 or higher, indicating financial stability. The TIE ratio provides insights into a company’s financial health and efficiency in generating earnings. It is important to consider…

Key Takeaways Trailing Twelve Months (TTM) is a financial metric that measures a company’s performance over the past year. TTM takes into account the trailing twelve months of financial data, providing a comprehensive view of a company’s recent performance and trends. TTM is calculated by adding up the financial data from the four most recent…