“Only recently did we think about setting up a treasury account and the operating account sweep… we were talking about saving on dumpster fees and credit card processing.”
TH
Tyler Hoffman
Acquiring Minds ·
Compliance into the Weeds · Amex AML Enforcement: Credit Card Risk, SAR Failures, and Board Accountability
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Processed about $13 billion in credit-card transactions between July 2024 and May 2025
13 billion transactions
“Only recently did we think about setting up a treasury account and the operating account sweep… we were talking about saving on dumpster fees and credit card processing.”
“From 2024 to 2025, Zimmerman posted 11 papers to the preprint site archive.org across a range of fields.”
“The maths in the 2025 financial year is about 13% of first home buyers used it… first home guarantee 5% scheme… it was like 35% last financial year”
“He wrote to the Department of Finance and asked for 60 more positions to be filled by the end of July 2024. That approval was granted.”
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