Tag: Cyber Security

Trends Driving the Future of Business Payments

Exploring the Trends Driving the Future of Business Payments

To predict the future of B2B payments, look to its past. Unlike consumer payments, B2B payments have traditionally been very complex, time-consuming, manual, and expensive. So it only makes sense that B2B payments will evolve...

/ November 12, 2018
Preventing Fraud and Financial Crime

Preventing Fraud & Financial Crime in Cash Management

Preventing fraud and financial crime has become an all-consuming priority for organizations. After all, according to John Salter, Managing Director of Global Corporate and Financial Institutions, Client Coverage/Origination, GTB, Lloyds. “Cyber-criminals do not discriminate against...

/ November 6, 2018
future of business payments

Evaluating the Future of Business Payments: How customer expectations and security will drive digital transformation

When evaluating the future of business payments, we’re finally starting to see a reflection of the same digital transformation that has impacted consumer payments. The industry can envision what business payments could and should be...

/ November 5, 2018
reduce payment fraud

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...

/ October 15, 2018

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...

/ September 10, 2018
Treasury Fraud

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...

/ June 12, 2018
Accounts payable trends

3 Trends Impacting Your AP Department in 2018

For accounts payable (AP) departments, the pressure is on. Traditional responsibilities are shifting and AP is being tasked with driving greater value, cost savings, and efficiencies across business functions. Three industry trends are the driving...

/ May 14, 2018
employee fraud collusion

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...

/ April 27, 2018
SWIFT Customer Security Programme

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...

/ April 9, 2018
cyber fraud

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...

/ February 6, 2018