Small-business credit card provider Advanta has announced that Vice President and Chief Accounting Officer David Weinstock will be terminated, due to the company reducing its workforce. Effective Sept. 1, Chief Financial Officer Philip Browne will assume Weinstock’s duties.

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Jaclyn Jaeger is a freelance contributor to Compliance Week after working for the company for 15 years. She writes on a wide variety of topics, including ethics and compliance, risk management, legal,...