Webinar presented by Ray Graber for Compliance Key
This webinar will discuss several key areas to investigate, how to uncover fraud, and put a plan in place to prevent it going forward. We will cover duplicate payments where a simple quarterly scan can uncover potential issues. By identifying some strategic areas to review, you can educate your staff on what to look for and modify some applications, either internal or vendor developed, to identify potential hazards. With these two steps alone, you may be able to pinpoint leakages that otherwise may go unnoticed.
Thursday, May 18
702−Payment issues − Minimizing the Risk of duplicate, fraudulent, and late payments - Thursday, 10:45-12:00
Organizations are continually striving to address inefficiencies in financial supply chain processes. These firms are exploring innovative ways to leverage automation not only to contain costs from a tactical perspective, but also strategically to enhance control, improve visibility and manage spend. This effort will reduce the process cycle time and thereby reduce working capital requirements. Accounts Payable Automation is emerging as one of the key components of this financial supply chain strategy.
Friday, May 19
507−B2B Payments in the U.S. and the Compliance Issues They Face - Friday, 10:30-11:45
The role of the compliance officer is changing because banks are struggling to serve many masters; some with similar goals and others with contradictory ones. Regulators, corporate clients, Boards of Directors, and shareholders are pulling in their own directions. Fraud in some payment types are declining while others are picking up that slack. ACH, CHIPS, and Fedwire payments are taking the place of B2B checks but there exists compliance and fraud issues in all of them.
Friday, May 19
703−Balancing Customer Satisfaction with Security Issues - Friday, 1:30-2:45
Cash management services are essential for most businesses. Banks and credit unions need to protect themselves and their customers from potential fraud, misuse, and shear sloppiness. Fixing mistakes is much more costly, both in time and money, that getting it right the first time.
There must be a balance between security and ease of use; finding that balance is key to maintaining customers and obtaining new ones. We will discuss the best approach to creating a safe, secure, and efficient environment for your business customers.
Expert Presentations on the Full Capabilities of a Robust TMS and on the Benefits of the ISO 20222
Financial Messaging Framework for Domestic and International Treasury Operations
LAKE ZURICH, IL – (March 30, 2017) Treasury teams around the globe are looking for ways to automate their processes, reduce costs, and enable their professional staffs to devote more time to strategic tasks. Two presentations, co-hosted by GTreasury executives at the 2017 TEXPO (Booth 111) at the JW Hilton in Austin, TX, April 2-4, will demonstrate ample ways to do just that and much more.
Bitcoins have gotten much more traction than early detractors and pundits expected. With that reality, what do banks need to do, if anything, to prepare for their existence and surprising acceptance? It appears that Bitcoin and blockchain are here to stay – what does that mean to your institution?
Bitcoins have been adopted by a wide range of user – the good, the bad, and the ugly. Understanding how they and the block chain operate is essential to preparing for is further adoption and incorporation into financial society.
Although primarily associated with bitcoin, the blockchain is increasingly being eyed by the financial services world as a potential boon for a range of functions. Senior bankers are discussing the potential of blockchain technology as a way to cut costs and improve transparency for financial transactions.
Major banks have all recently confirmed that they are exploring the blockchain, while last week a bank analyst speculated that the distributed ledger has the potential to completely upend post-trade infrastructure.
No bank can afford to ignore what it [bitcoin and the blockchain] promises for the ongoing avalanche of digital innovations to come, including fighting crime and combatting cyber-attacks.
This training on credit card surcharge compliance issues will discuss how the recent changes in the law will affect end-user organizations. It will also provide attendees with the tools necessary to review and deal with any potential surcharge/checkout fee situations.
Credit card surcharging is prohibited in ten (10) states while another dozen states are considering legislation Surcharging had been historically prohibited in the U.S. per the networks' merchant rules, as well as prohibited by law in 10 states. Any state law will continue to "trump" networks' merchant rules. The recent changes in surcharging law could not only affect your merchant processing transactions but also your credit card usage.
Full Visibility of Customer Relationship Enables Clients to Connect Online, Empowers FI Associates and Executives with Comprehensive, Real-Time Engagement Tools
Terafina Inc., provider of loan application and deposit account opening solutions for the retail financial services industry, today announced that Version 4.0 of its omnichannel sales and service-to-sales platform is ready for deployment at banks and credit unions across the country.
Data-driven rather than forms-driven, the Terafina solution brings consistency to the customer experience, no matter which channel the customer happens to use at any given time. The enhanced Version 4.0 of the Digital Sales Platform (DSP) from Terafina includes unique service-to-sales capabilities to convert service requests from current customers into new sales. DSP 4.0 also includes an improved self-service status portal that makes it easier for customers to interact with their financial institutions (FI’s) across all delivery channels including online, voice, and branch.
Flexible framework for financial communications can enable faster onboarding, higher STP rate for automated processing and reconciliation of payments, and improve interoperability
Financial and treasury professionals seeking to streamline their domestic and cross-border financial communications infrastructure should plan on attending “I So Want to Know About ISO 20022” at the Minnesota Association for Financial Professionals’ 35th Annual Conference in Saint Paul, Minnesota on Tuesday, May 2.
Warren Davey, Executive Vice President of GTreasury, and Mike Lewis, Regional Sales Manager of SWIFT will co-host this breakout session on ISO 20022, the universal financial industry message scheme, which defines the ISO platform for the development of financial message standards.
Jim Charanis, Joe DePrimo, and Rajesh Patil Join Expanded Management Team as Company Bolsters Its Client Roster, Gathers Momentum for Expansion
Terafina Inc., provider of the first omni-channel sales platform for the retail financial services industry, today announced that Ameris Bank, Gesa Credit Union and KeyPoint Credit Union have licensed its cloud-based solution, which helps to engage new customers and deepen existing relationships.
The agreements were all reached in the past three months, emerging from Terafina’s robust sales pipeline that has several more deals currently in the works. Implementation at Ameris, Gesa, and KeyPoint is expected to be completed over the next six to nine months.
Webinar presented by Ray Graber
Payment System Policy: FFIEC, Risk Management, & Fraud Control
Is your financial institution or corporation ready for the future? The payments landscape and regulatory climate continues to undergo dramatic change and now is the time to plan for what’s coming. This webinar is tailored to help you understand how strategic planning and risk management impact driving growth, managing regulatory uncertainty, and moving into the future while protecting your business.
This session allows for a dynamic exchange of ideas related to payments strategies and risk management programs and serves as a unique opportunity for financial institutions and corporations to gain insight and prepare for the future.
Global Engineering, Procurement and Construction Firm Improves Bank Reporting and Administration, and adds Efficiency and Consistency to its Diverse Financial Operations
GTreasury President and Chief Operating Officer Orazio Pater announced today that the prestigious global engineering, consulting, and construction company Black & Veatch of Overland Park, Kansas has selected GTreasury to streamline and automate its worldwide treasury operations.
Black & Veatch is a leading EPC and consulting firm with areas of expertise including infrastructure development in power, oil and gas, water, telecommunications, government, mining, data centers, smart cities, and banking and finance markets. Founded in 1915, and with 10,750 employees and more than 110 offices throughout six continents, it is the tenth-largest majority-employee-owned company in America.
According to Janelle Kellogg, CTP, Treasury Operations Specialist at Black & Veatch, the company was seeking a dedicated treasury system that would reduce the amount of customization and manual work previously performed by treasury staff members. After interviewing five TMS providers, Black and Veatch selected GTreasury for several reasons: the user-friendliness of the GTreasury system, GTreasury’s industry reputation as a client-centric TMS provider, and the ability to assume all control over Black and Veatch’s SWIFT banking connectivity.
Read the full announcement
Webinar hosted by
ComplianceKey, delivered by Ray Graber
Fraud in some payment types are declining while others are picking up that slack. ACH, CHIPS, and Fedwire payments are taking the place of B2B checks but there exists compliance and fraud issues in all of them.
This session is a cost-effective way to understand that the U.S. B2B payments industry is struggling with an identity crisis. Regulatory authorities are demanding that the payments industry tighten their reins on the adherence to regulations and compliance mandates; technology is enabling payments providers, banks, and networks to venture further into new frontiers; practitioners are worried about security; and infrastructures are getting old and in need of repair or replacement.
We will discuss how to mitigate the losses and manage all of the attacks from various fraudsters across payment types.
Webinar hosted by Online Compliance, delivered by Ray Graber
Cash is King! But managing cash can be a pain in the butt. Establishing procedures, maintaining banking relationships, and getting good, reliable information are some of the key elements of good cash management. The larger the company, the more complex the issues and hence the solutions. No longer a pencil and paper enterprise; managing cash is the Rubik’s Cube of finance.
A bank that is not making its commercial and small business customers’ lives easier cannot expect them to utilize its Cash Management products. Internet cash management is typically the anchor product and ancillary systems such as ACH, positive pay and bill pay are often bolted on as an afterthought.
Webinar hosted by ComplianceOnline, delivered by Ray Graber
Passing on interchange fees has always been against card network regulations and companies have found unique ways to get around the regulations or simply did not comply. An anti-trust lawsuit finally filed in 2005 and in July 13, 2012 the suit was finally settled.
Credit card surcharging is prohibited in ten (10) states while other states are considering legislation. The regulations are daunting for charging a surcharge; should you consider it to recoup transaction fees?