The Changing Nature of Payments
Global corporate payments technology is changing at a higher speed than ever. However, this change is accompanied by challenges. The rapidly changing nature of payments raises problems for many finance teams, ranging from insufficient controls, custom banking formats, infrastructure costs, and delayed projects. However, the most crucial challenge remains fraud through simple human mistakes and […]
Bank Connectivity: The Key to Success?
Connectivity is key – A common saying gaining more and more momentum in current times; does this also apply to commercial banking? Multibanking is a generally known term for software solutions that allow customers to connect and access all bank accounts across banks in one central banking platform, thus achieving connectivity. But what makes bank […]
Treasury Management as Fraud Prevention?
Fraud is more lucrative than ever for criminals. There has been a progressive increase in both fraud attempts and successes, primarily through cyber-attacks. Cyber-criminals are using technology to perpetuate fraud on a historic scale. But technology is two-sided — technological solutions can provide a defense against both old school and cyber-based attacks. Origin of Fraud […]
The Value of Cash Flow Forecasting
Cash is King. Cash rules over all business processes and ultimately over business success. Insufficient cash flows will run any company into serious troubles, regardless of its background. Thus, proper Cash Management and Forecasting is essential to any company’s success. When making business decisions, it is crucial to have a clear understanding of the company’s […]