Category: Risk & Fraud
The Importance of Bank Account Validation as a Payment Protection Measure
As we discussed in my last post, the importance of bank account validation cannot be understated when it comes to streamlining payment processes and eliminating failed direct debit transactions. As was recently noted in the...
2018 Payment Fraud Trends: Where Does Your Organization Fit In?
Review the 2018 Treasury Fraud & Controls report for in depth analysis from Strategic Treasurer on the payment fraud trends that are impacting the industry.
Understanding the State of Treasury Fraud & Controls
Once upon a time, stealing money from a bank or business meant that criminals had to put on a mask and commit a robbery. Coming into the second half of 2018 however, that thought seems...
Trends in B2B Payments and Working Capital Management
The payments landscape is changing faster than ever before. To say that the challenges faced by corporates and banks are heavily complex would be a significant understatement. For an organization to be successful, understanding the...
Identify & Eliminate Fraud Collusion, Part 5
So at this point you’ve done all the dirty work necessary to (mostly) lock down your network. You’re monitoring activity in real time, taking the context of behaviors into consideration, and you’re looking at the...
Meeting the Requirements of the SWIFT Customer Security Programme
With the January deadline for self-attestation to the SWIFT Customer Security Programme (CSP) in the rear view mirror, members of the Swift community find themselves at various levels of compliance. On the whole, many organisations...
Securing the payment processing lifecycle
In this recurring SmartPayments feature we sit down with professionals from the corporate and banking space to talk with them about the issues they face on a daily basis. In this instalment we interviewed Camille...
5 Steps to Detect & Prevent Cyber Fraud
Even though it seems a new data breach is announced daily, many organizations are still unsure about how to protect themselves against attack. With threats originating from inside organizations as well as outside and fraud...
Choosing the Right Anti-Money Laundering Software: 3 Things to Think About
Updating your anti-money laundering system might seem like a daunting task, but there’s no better time than now for organizations to evaluate their security protections. Between rising costs, new legislation and new technologies, the likelihood...
5 Reasons to Adopt a Payment Hub
If your treasury team is unfamiliar with the concept of a payment hub, how do you make the case? By starting with the basics, like these five key benefits: