Amid escalating fraud risks and increasingly complex payment landscapes, banks and financial services firms face heightened pressure to protect their organizations from sophisticated scams. One particularly alarming threat is first-party Automated Clearing House (ACH) fraud – where a legitimate customer initiates an ACH transaction only to later reclaim the funds fraudulently. The Financial Industry [...]

Treasury and finance professionals, the numbers don’t lie – fraud is on the rise, and your organization is in the crosshairs of bad actors.  According to the 2024 AFP Payments Fraud and Control Survey, 80 percent of organizations experienced payments fraud attempts in 2023, a staggering 15-percentage point increase from the prior year.  Even [...]

The challenge of growing revenues and delivering new client services has never been greater for bank treasury leaders.  Clients demand sophisticated tools to manage liquidity and optimize their cash positions.  Banks must find ways to meet these heightened expectations while differentiating themselves from competitors.  A money fund portal, particularly one white-labeled from a Fintech [...]

Treasury and finance professionals have a lot resting on their shoulders: safeguarding liquidity, optimizing cash flow, and ensuring seamless investment management in an increasingly complex financial environment.  While the right treasury management solution (TMS) can make this job more manageable, selecting the wrong platform can create inefficiencies, increase risks, and limit growth opportunities.  This [...]

Security and compliance are paramount in treasury management. From ensuring the accuracy of financial reporting to safeguarding sensitive data against breaches and fraud, treasury departments face numerous challenges. Partnering with a Fintech that holds SOC 1 and SOC 2, Type 2 certifications can provide the trust and assurance you need to navigate these [...]

Outdated finance systems and processes may be costing your organization more than you think. Antiquated methods of managing payments and treasury functions not only slow down operations but also create vulnerabilities that can be exploited by malicious actors. According to a recent article by the Wall Street Journal, the cost of these outdated [...]

Treasurers must ensure their organization’s cash remains safe and liquid. However, unpredictable financial markets and shifts in the banking environment can make it hard for treasurers to meet these goals. This article lays out strategies to help treasurers navigate uncertain economic times with confidence. Key Strategies for Cash Safety and Liquidity Below are [...]