A guide to SME Payment hubs: Streamlined payment processes
This article is written by Nomentia There are a few things that are more important for small and medium-sized businesses than efficient payment processing. Prompt payment processing drives liquidity and makes cash flow management make sense. Smooth payment processes contribute to competitive advantage, reduce costs, help manage risks, and, in tandem with your other systems,…
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Optimize Your Cash Forecasting with AI
This article is written by Kyriba Imagine a world where manual processes and guesswork don’t bog down forecasting. Instead, your forecast is created easily using real-time data and predictive analytics. This is the potential of artificial intelligence (AI) in modern financial operations; this is the power of AI in cash forecasting. AI’s ability to process vast amounts…
The Do’s and Don’ts of Payment Runs
This article is written by HedgeFlows Managing accounts payable is a critical component of financial operations for businesses. Efficiently handling numerous invoices and payments can be a daunting task, but with the right process it becomes streamlined and automated. This article delves into the world of payment runs, shedding light on its benefits, best practices, and potential pitfalls…
The Chain: Building resilient financial networks
This article is written by Cobase Fleetwood Mac’s “The Chain” is a powerful anthem about strength and connection, qualities that are just as essential in the world of financial operations. In this blog post, we’ll use the song as a metaphor to explore the importance of interconnected financial systems and the robust, reliable links needed…
CEO fraud: How to Protect your Organization from Fraudsters?
This article is written by Trustpair CEO fraud is otherwise known as impersonation fraud, performed by highly organized criminals in targeted cybercrime attacks. Businesses often feel helpless regarding CEO fraud, since it’s not just about the hackers but also about the actions of their employees. But there are ways to prevent it, and in this article,…
Making the Digital Euro Truly Private
The European Central Bank (ECB) is actively working on developing a central bank digital currency (CBDC) known as the digital Euro, with a significant focus on ensuring privacy for users. The ECB’s recent blog post, “Making the Digital Euro Truly Private,” outlines their approach and the principles guiding this development. The ECB emphasizes that privacy…
Top 5 Mistakes Businesses Make With International Transfers
This article is written by HedgeFlows International money transfers are a critical component of global business operations. However, the complexities of cross-border payments often trip up even the most experienced financial managers. Here are the top five mistakes businesses make with international transfers, along with essential tips to avoid them and ensure your money reaches…
Money’s Too Tight: Dealing with financial constraints
This article is written by Cobase Simply Red’s “Money’s Too Tight (To Mention)” resonates deeply with anyone who’s faced economic hardships. The song’s lyrics paint a vivid picture of the struggles associated with financial constraints. It mirrors the challenges many businesses face today. In this blog post, we’ll explore effective strategies and solutions that can…
The Threat of Deepfake Frauds in Payment
This article is written by Kyriba Imagine this: your CEO’s voice or your CFO’s face—and a request for funds. Something in your gut is telling you that this situation feels ‘off’ but what can you do? It’s the CEO or CFO of the company after all. This is the reality of deepfake fraud, a clever…