For the 2024 hurricane season that runs June 1 – November 30, the National Oceanic and Atmospheric Administration (NOAA) is forecasting an 85% chance of an above-normal hurricane activity in the Atlantic basin. NOAA is predicting a range of 17 to 25 total named storms (winds of 39 mph or higher). Of those, 8 to 13 are forecast to become hurricanes (winds of 74 mph or higher), including 4 to 7 major hurricanes (category 3, 4 or 5; with winds of 111 mph or higher). Forecasters have a 70% confidence in these ranges.

Is your institution adequately prepared to maintain business continuity in payments operations?

Click the Read More button below to read the complete blog from Michael Jeffcoat, AAP, NCP, APRP, Director, Payments Education.

Register now for the Business Continuity webinar on June 11 presented by the Federal Reserve Bank, free to ePayResources members! This webinar will focus on equipping financial institutions with the knowledge to create, review, update, and test their business continuity plan.