Understanding the new payments architecture
PSR, PSF, SPP, TPSP, NPSO*… since the inception of Open Banking it’s as though the payments industry has become a veritable alphabet soup of acronyms as organizations are created to control all of the changes...
Creating a Real Time Payments Strategy-A Guide for Banks
Nearly a year ago The Clearinghouse’s Real Time Payments launched in the U.S. amid much fanfare. Since that time, the industry has been hard at work trying to create a real time payments strategy that...
3 Keys to Winning with Digital Banking Technology
In today’s digitally competitive financial industry, staying on top of emerging digital banking technology trends is a necessity for banks looking to win and retain business customers. The good news is that although many small...
The Benefits of AP Automation Quantified
Most people are aware of the many benefits of AP automation — converting accounts payable processes from manual to electronic – but they might be hard pressed to quantify them. At first glance, automating your...
Best Practices to Secure Payments Across the Digital Enterprise: Advice from RGL Forensics
The threat of business payment fraud is getting worse every year. According to the 2017 AFP Payment Fraud and Control Survey, 74% of organizations were victims of the threat in 2016 alone. If you’re concerned...
5 Steps to Creating an AP Automation Project Plan
Transforming your AP from a manual process to an electronic one saves time, money and provides unprecedented visibility into cash flow. In fact, it’s been proven over and over that AP automation is worth the...
An Introduction to the Benefits of Treasury Aggregators
So what are treasury aggregators anyway? According to Strategic Treasurer, a treasury aggregators provide a single connection point to all of a corporation’s banking connections for both payments and reporting. They’re essentially the single centralized...
Everything you need to know about the Updated SWIFT Customer Security Controls Framework
It’s been nearly 2 years since the launch of the original Customer Security Programme (CSP) and yet everything we thought we knew about it has changed, including the name, which is now the SWIFT Customer...
Three Ways Banks Can Reduce Payment Fraud
According to the Association of Financial Professionals, 78% of organizations experienced attempted or actual payments fraud in 2017. These breaches put banks at increased risk as fraudulent transactions are processed through their payment systems. It’s...
Best Practices to Streamline Payments Globally
It’s no secret that businesses are expanding into global markets at an unprecedented rate. In fact,going global is almost an imperative in order to compete in today’s fast-paced environment. However, for organizations making that leap...