You’ve got enough on your plate making sure your environment is adequately protected against further attacks, so here is a brief, common sense explanation of the most important things you need to know about the CSP and what you need to do to prepare.
Ring-fencing is a new regulation that requires the largest UK banks to separate their core retail banking services from their investment banking and international banking activities.
The changes this shift will require, impacting many customers whether they are businesses, consumers or indeed other banks, are numerous and complex to say the least.
As organizations bear the daily burden of protecting their payments, one question looms large: what can be done?
Strategic Treasurer’s Craig Jeffery asked that and more when he spoke with security and business payments experts from Bottomline Technologies, a leader in business payment automation technology for more than 30 years.
For a business to achieve truly sustainable success, every single aspect of the organization has to function as effectively as possible. You can offer the best products and services in your industry and have a killer sales and marketing plan to back it up, but unless your behind the scenes business practices are buttoned up (particularly your payment practices), all of your efforts will struggle to achieve your desired levels of success.
Here are 5 steps to create an effective payment strategy that will make your business more competitive…
Consider this: the only business tool used by Madison Avenue ad agencies in the 1960s that is still in use today, are the checks sitting on your desk. Nostalgia might make for great television, but it doesn’t mix well with banking.
Phase two of same day ACH is upon us, which means that Receiving Depository Financial Institutions (RDFIs) now need to allow for debit transactions designated as Same Day ACH to be processed and funds made available by the end of the RDFI’s business day.
While this new functionality allows for access to funds much more quickly than ever before, it also introduces a whole host of potential security concerns that need to be addressed.
“You build your future. It isn’t handed to you.”
That’s what Francis J. Underwood, the ferocious political titan from House of Cards, would say about devising an effective payment strategy that promotes your business’s success.
He’s right. Success doesn’t just materialize. It takes hard work, dedication, and most importantly, a certainty that every single aspect of your business is working as effectively as possible.