20
Jun 18

TMS Consulting, Implementation and Support: How Providers Which Marry Team Spirit with a Range of In-depth Expertise Ensure Companies’ Lasting Success.

A few weeks ago on this blog, I posted an article entitled “The Marriage of System and Consulting” which explored how consultants can contribute to the success of a project before a TMS or treasury tool is selected. But what happens after the perfect solution is selected? In this post, I take a closer look at the next stage in the relationship between technology provider and customer. The system should provide the right long-term support through the various stages of a company’s development, from dynamic growth or mergers to spin-offs. However, there can be many pitfalls on the path from deciding on the system you want to successfully using it across the whole corporate group. There is a smart, tried and tested approach to ensuring that customers receive the best support possible at...

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13
May 18

Payment Security: System Support for Group-wide Treasury Management

Payment security and fraud prevention: there isn’t a company out there that is not concerned about these issues. How to make payments processing most secure? This is the question everyone is asking – probably including you – and it is being addressed at multiple levels. One of these levels is technology, i.e. the system support your TMS can provide when it comes to tackling payment security.

Payment security – where is your company most vulnerable?

Payment security is a complex and multi-facetted issue. Fraud schemes are manifold, potential angles of attack numerous, and prevention a diverse topic concerning multiple players, departments – and of course technology. So where do you get started? Let me answer that question with another question: where are you most vulnerable?...

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19
Mar 18

Tackling Payment Fraud Together: BELLIN Global Transaction Banking Services

Payment fraud and fraud protection are top of mind for corporates around the globe, and figures have been mounting year over year. According to the FBI Internet Crime Complaint Center fraudsters sought to steal USD 5.3 billion from October 2013 through December 2016 through schemes known as business email compromise alone. This is clearly a topic companies literally cannot afford to be complacent about. Every business needs to have processes, technology and training in place to counteract the threat.

Fraud prevention through independent verification

Fraud is multi-faceted when it comes to payment processing, and the angles of attack are manifold. One of the many nightmares companies face is manipulated account master data. Most companies have been there: you receive...

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23
Feb 18

BELLIN Recognizes Outstanding Achievements in Treasury at 1TC 2018: “And the Winner is…”

Once a year, the BELLIN Community gets together to celebrate outstanding treasury solutions: at the BELLIN Treasury Champions Awards ceremony at 1TC Treasury Convention. The BELLIN Treasury Champions Awards recognize excellent client projects in three categories: “Newcomer of the Year,” “Best Practice” as well as “Client No. 1.” The “Newcomer of the Year” award rewards businesses that have met particularly challenging objectives through the implementation of their treasury projects, providing the entire business with fresh and groundbreaking momentum. The “Best Practice” award recognizes businesses who’ve demonstrated pioneering work or who use BELLIN products and services group-wide in a particularly efficient manner. In this category, it is the more than 50,000 users of BELLIN...

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19
Feb 18

Control Through Visibility: Progress and Hindsight: from Thomas Edison to Treasury Management Systems

When Thomas Edison perfected the lightbulb and laid the foundation for a viable system of lighting at the end of the 19th century, he created a network subsequent generations can’t even imagine ever having lived without. From the vantage point of technological progress, any era preceding the current standard appears like the darkest of ages – pitifully unenlightened, primitive, ignorant and blind: “How could anybody live like that?” “How were these poor souls even able to do their jobs?” By the same token, today’s digital natives find it all but unimaginable that they share the planet with people who don‘t take advantage of the blessings of digitization: why would anybody do without the potential visibility that comes with access to global data networks and forgo the swift information...

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