crainalertsSep 16, 2024, 11:06 AM

As DEI rebrands, will finance industry pipeline suffer?

Having trouble viewing this email? See the online version Monday, September 16, 2024 A MESSAGE FROM WINTRUST Fraud costs businesses worldwide 5% of their revenue annually, with small businesses being

Having trouble viewing this email? See the online version

Monday, September 16, 2024

A MESSAGE FROM WINTRUST

Fraud costs businesses worldwide 5% of their revenue annually, with small businesses being the hardest hit.

Solutions such as Positive Pay protect your company from payment schemes like check alteration and ACH fraud.

Watch our webcast now to learn more about safeguarding your business.

1. DEI is getting a rebrand. Will the backlash hurt the financial services pipeline?

Financial institutions are rethinking how they approach diversity in the wake of the Supreme Court's affirmative action ruling, putting the future of minority hiring programs in flux.

2. Chicago's nonprofit leaders saw their pay surge in our latest ranking

These executives saw their 2022 median compensation swell by 20% to $906,243.

3. Moderne Ventures raises $230 million venture fund

It's the third fund for Constance Freedman, who signed up new investors such as GCM Grosvenor.

4. A year after end of cash bail, early research shows impact less than many hoped or feared

Jail populations are down and there's been no change in failure to appear rate, according to an analysis from Loyola.

5. Walgreens pays $107M over prescription billing fraud claims

The pharmacy giant allegedly submitted false claims for payment to federal health care programs for prescriptions that it processed but were never picked up by patients.

6. Rush finds link between light pollution and Alzheimer's

Researchers found higher nighttime light intensity was associated with a greater Alzheimer’s disease prevalence than any other risk factor.

7. Michael Fassnacht: The power of optimism — and faith in yourself

More insights into how to define success — and how to achieve it.

8. After downfall, Foxtrot rebuilds in its hometown: Crain's Daily Gist podcast

Crain's restaurants and retail reporter Ally Marotti talks with host Amy Guth about Foxtrot’s return to Chicago and Lettuce Entertain You’s expansion to the suburbs.

9. EPA knocks ADM for leaking 8,000 metric tons of CO2 underground

The agribusiness giant violated the Safe Drinking Water Act when a well at its carbon sequestration site in Decatur leaked liquified carbon dioxide into “unauthorized zones,” according to the EPA.

10. His partner fled with their money. Now he runs one of Chicago's hottest restaurants.

Chef Thai Dang was left to pay Embeya's debts after his co-owner fled the country with their cash. On Crain's dining podcast, he shares how he built a new life.

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