Nanonets

APRIL 7, 2023

Some of the common treasury management solutions used during early-stage growth include: Liquidity solutions that combine checking and money market checking accounts, money market mutual funds, and managed fixed-income portfolios. Check Positive Pay to prevent fraudulent checks from being processed in the startup's account.

Treasury Management 98

Treasury Management Treasury Due Diligence Wire Transfer 98

The Finance Weekly

APRIL 27, 2022

The risk of billing fraud is twice as high, as well as payroll fraud, and check and payment tampering is four times higher. The board of directors, when dominated by the CEO, other critical C-suite members, and personal friends, may not provide adequate checks and balances in the decision making process.

Payroll 130

Payroll Risk Addressing Checks 130

The Paypers

MARCH 14, 2018

(The Paypers) VSoft , a global provider of information and technology solutions for financial institutions, has announced the launch of OnView Positive Pay, a product designed to mitigate fraudulent checks.

Mitigation 28

Mitigation Checks Product Positive Pay 28

PYMNTS

FEBRUARY 6, 2020

Payments are facilitated using virtual Visa commercial cards, ACH and checks. Finrails AP offers increased visibility into cash flow, and the platform has built-in fraud detection via Positive Pay. Paper checks remain the primary method U.S. A customer service team will assist vendors in moving to electronic payments.

Fraud Detection 67

Fraud Detection B2B Treasury Management Commercial Card 67

PYMNTS

SEPTEMBER 26, 2016

Using FIS-run PayNetExchange to process ACH, checks and virtual cards and using Comdata to issue Mastercard commercial cards, Corcentric pulls in payment capabilities across a range of rails to support the last mile of the B2B transaction. “It’s key when it comes to the payment process.”

B2B 65

B2B Same Day ACH ACH Commercial Card 65

PYMNTS

JULY 25, 2018

While 54 percent of those scams involved wire transfers, more than a third targeted check payments. According to the AFP, an attacker will target the payment rail that is most commonly used by the victim to pay suppliers, thus, limiting suspicions. The checks were forged from one of our disbursement accounts.”

Scams 55

Scams AFP Business Email Compromise Wire Transfer 55

Nanonets

MARCH 30, 2023

At the business level, payment automation involves using software tools to manage and complete the process of paying vendors. This includes approving payments, sending them through different payment methods such as ACH transfers, checks, wires, and virtual card payments.

Automation 52

Automation Transactions Wire Transfer ACH 52