Entries by treasuryXL

Identifying Types of Fraud/Scams

26-08-2021 | treasuryXL | XE | Knowledge is power. When it comes to avoiding scams, forewarned is forearmed. Here are a few common types of scams that criminals will use to try to steal your money or – more importantly – your identity. 1. Give Money to Get Money If you ever receive an “official” […]

Helping Hand: Using Cashforce to Manage Growth Through M&A

24-08-2021 | treasuryXL | Cashforce How one treasurer used Cashforce technology to improve forecasting and support growth. When one treasurer saw that his team was getting too bogged down managing the company’s dozens of bank accounts across 25 entities, he sought out an automated cash management system, but he had a concern: the company is […]

A Culture of Fraud Prevention: It’s Everyone’s Responsibility

23-08-2021 | treasuryXL | Kyriba | It seems like every day there is a new fraud headline. As a result, companies are learning that preventing fraud needs to be a responsibility of all employees in the organisation. To prevent fraud, an organisation needs to focus on education through training, standardized controls, and IT policies on […]

#5 Getting Overwhelmed by Complicated Administration (Dutch Item)

19-08-2021 | XE | treasuryXL | Companies that regularly need Foreign Exchange often fail to see the bigger picture more because of all the details of the daily Payments and other transactions. Perhaps are you so busy processing foreign currency that you don’t get around to a lake strategic view of the total Risk of […]

How to Start Avoiding Payment Fraud from Happening

| 18-08-2021 | treasuryXL | Nomentia | It’s 2021 and even with advancing technologies and AI detecting fraudulent behavior, payment fraud remains an ever-present Risk for any company. The other day we met with someone who has recently been a target of Payment Fraud and is now implementing a payment factory in order to reduce […]

The real value of Multi-Dealer FX trading platforms

16-08-2021 | treasuryXL | Kantox (Spoiler: it’s not about trading costs) A few years ago, PwC consultants proposed a clever analogy to illustrate the difference between single-dealer platforms (SDPs) and Multi-Dealer Platforms (MDPs). For banks looking to provide products and services to corporate clients on a platform, SDPs are like an airline’s website, where high-margin sales occur. Multi-Dealer […]

How to set up a forward contract and lock in a rate for your business

12-08-2021 | treasuryXL | XE | A forward contract gives you and your business certainty, allowing you the peace of mind to have confidence that your international exposures are taken care of. At Xe, they work with businesses of all sizes across many industries. They recognize that each business has its own requirements for its […]

Strength in Numbers: A Community-Based Approach to Fighting Digital Payments Fraud

11-08-2021 | TIS | This article provides a modern review of the tactics used by cyber criminals to target enterprises with fraudulent schemes and also evaluates the primary methods used by companies for defending against digital payments fraud. This is followed by an introduction to TIS’ innovative Payee Community Screening (PCS) solution, which addresses payments […]

Stablecoins are not that stable: what regulatory approach?

09-08-2021 | Carlo de Meijer | treasuryXL Stablecoins are one of the newest hot spots on the crypto market. They  have the potential to enhance the efficiency of the provision of financial services including payments, and to promote financial inclusion. They might offer a new way to transact and retain value, starting to redefine modern […]