Entries by treasuryXL

What to Consider When You choose your Bank Connectivity Strategy? 7 Important Criteria

| 01-09-2021 | treasuryXL | Nomentia | Most organizations would benefit from some form of Bank Connectivity as a service. But just deciding on outsourcing bank connectivity won’t magically make all those connections appear. In this blog, we’ll cover 7 important criteria you should think of when evaluating different options. 1. In which banks do […]

$20 Billion in Bank Service Fees: Are You Overpaying?

31-08-2021 | treasuryXL | Gtreasury | By Heena Ladhani, Ecosystem Manager, GTreasury Twenty billion dollars. That’s how many corporate treasurers in the U.S. are now forking over to banks in service transaction fees every year. It’s a big number and it’s growing every year. But there’s also vast potential for reducing that amount by optimizing the […]

8 questions for International Cash Management expert, Máximo Santos Miranda

30-08-2021 | Maximo Santos Miranda | treasuryXL Máximo holds a PhD in Economics and is graduated in Law. After 18 years working in International Cash Management in several multinationals coordinating local treasury units with the headquarters or implementing new ones all around the world, he is working as a university professor of finance, treasury and business strategies in several Universities […]

How global enterprises can finally end the cycle of redundant IT-related payments projects

30-08-2021 | TIS | This article begins by examining the current state of enterprise treasury and finance technology implementations, including the standard project timelines, core challenges, and ultimate outcomes. This is followed by an analysis that outlines an improved methodology for enterprises to follow as they seek to ensure the global optimization and standardization of […]

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 […]

Round Table “Payment Challenges in a Post-Covid World” | Toekomst Betalingsverkeer

18-8-2021 | François de Witte | treasuryXL | On September 9, 2021, the event “Toekomst Betalingsverkeer” will take place in Amsterdam. This annual event on the Future of Payments has been the meeting place for 20 years. With upcoming edition following topics will amongst others be covered: The Fintech evolution of banking. Platform strategies & developments big […]

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 […]