China to expand digital yuan testing – Industry roundup: 2 February
by Graham Buck
UK issues plans to regulate crypto; Gmail creator sees ChatGPT ousting Google; Eurozone and UK hike interest rates; Raiffeisen earns more from Russia
Minimizing Payment Fraud
Background
One of the biggest sources of fraud in most organisations is payment fraud. Typically the biggest sources of payment fraud are from: cheques particularly in accounts payable and disbursement accounts.…
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Incoming payments fraud – losses are mounting
by Pushpendra Mehta , Executive Writer, CTMfile
Combat the growing menace of incoming payments fraud by adopting digital solutions, identity verification, speed and authentication.
India may give Visa and Mastercard access to its payments market – Industry roundup: 19 January
by Graham Buck
Bank of America chief promotes ESG; Deutsche Bank's CNY1bn Panda Bond; Saudi J-v targets strategic minerals; Five evolving cybercrime trends
Eighth successive hike takes Australia‘s interest rate to 3.1% – Industry roundup: 6 December
by Graham Buck
IBM and Maersk shutter TradeLens; Bulk ships "transporting food cargoes"; Fit For The Future study issued; Mastercard and Vesta in LatAm partnership
US survey finds most states pro-cashless – Industry roundup: 1 December
by Graham Buck
Oil price projections for 2023; Wider band for China's yuan likely; Binance re-enters Japan via acquisition; Goldman redeploys London traders to Milan
Neglecting to prioritize cybersecurity and sufficiently train staff likely behind cybersecurity workforce crisis
by Pushpendra Mehta , Executive Writer, CTMfile
It’s critical that organizations give cyberattacks the focus and resources needed to address the rapidly intensifying cybersecurity workforce crisis.
The ESG-cybersecurity connection: time and reasons to integrate them
by Pushpendra Mehta , Executive Writer, CTMfile
Prioritizing integration of ESG and cybersecurity will help corporations create long-term value with societal support.
P.E. powerhouses struggle with cash flow – Industry roundup: 21 September
by Monica Zangerle , Writer, CTMfile
Goldman Sachs in Europe, India's all-inclusive payment ecosystem, FedPayments Insights Service.
Top cybersecurity awareness training topics and factors that make training content a success
by Pushpendra Mehta , Executive Writer, CTMfile
Security advancement cannot be based on technology alone. It must include security awareness measures and effective training content.
Deepfake technology poses security and reputational risks for CEOs, CFOs and treasurers
by Pushpendra Mehta , Executive Writer, CTMfile
Organizations have to equip themselves to safeguard their finances, brand and executive reputation against the growing threat of deepfake attacks.
Highest rate of card fraud - OpenTreasury Podcast #49
by CTMfile
Pushpendra Mehta meets with Craig Jeffery and Jack Large to discuss nine news stories.
Mobile Security Index 2022: more companies experiencing mobile-related compromises
by Pushpendra Mehta , Executive Writer, CTMfile
The Verizon Mobile Security Index 2022 Report highlights that more organizations have been subject to a security incident involving a mobile device.
UK faces the highest rate of card fraud in Europe - Industry roundup: 5 August
by Monica Zangerle , Writer, CTMfile
India-based fintech seeks UAE investors; Portuguese cryptocurrency exchanges take massive hit; Avaya, Goldman and JPMorgan face lender backlash
Why US corporate bond defaults are set to rise– Industry roundup: 4 August
by Graham Buck
Bank of England hikes rates by 0.5%; Facebook parent mulls bond offer; Traders' ESG priorities; Solana wallets targeted
Zelle volumes increase rapidly, exceeding checks for the first time – Industry roundup: 20 July
by CTMfile
Investments in the UK fintech industry increase by 24%, invoice-to-pay solution, victims of fraud on Zelle.
Money laundering still on the rise – Industry roundup: 18 July
by Monica Zangerle , Writer, CTMfile
European Central Bank's new bond, Treasury and trade solutions, 'Sango Coin' cryptocurrency.
Bank of Canada hikes interest rates by a full percentage point – Industry roundup: 13 July
by Pushpendra Mehta , Executive Writer, CTMfile
Ransomware is still cybersecurity’s biggest challenge, Risk management not keeping pace with growing risks
Why some companies’ cash holdings have increased – Industry roundup: 11 July
by CTMfile
Faking client data, heavier liquidity buffer, $343 billion in online payment fraud.
Rating, defining and protecting against the top five cyber threats keeping security experts up at night
by Pushpendra Mehta , Executive Writer, CTMfile
Explaining the most common types of cybersecurity attacks threatening corporations’ finances and reputations and how to protect against them.
$900 million blunder could worsen – Industry roundup: 17 June
by CTMfile
Citigroup's payment error to Revlon Inc. lenders surfaced in the cosmetics giant's bankruptcy in less than a day.
Disruptive and damaging cyberattacks - TREASURY NEWS - OpenTreasury Podcast #39
by CTMfile
Podcast reviewing the latest treasury news and developments.
ISO 20022: preparing for staggered implementation – Industry roundup: 16 June
by Graham Buck
Bank of England hikes rates by 0.25%; DHL sees continuing supply chain problems; Crypto concerns hit Three Arrow Capital; Cyber insurers hike rates
Validation features for small volume ACH users – Industry roundup: 8 June
by CTMfile
VBA and Binance strategic partnership, new digital bank, GTP acquired by MFS Africa, validation features for small volume ACH users
Cybercrime insurance claims rise as ransomware proliferates
by Pushpendra Mehta , Executive Writer, CTMfile
The multiplying of ransomware attacks has led to an increase in the frequency and value of cyber insurance claims