article thumbnail

Companies eye money market funds for cash management

Future CFO

Cash management has made its way into becoming a key competency for leadership teams in protecting their companies’ overall long-term health. Moreover, current market conditions drive private fund managers to hone in on their cash management practices , with many turning to strategies more commonly used by their corporate counterparts.

article thumbnail

Global Payments Survey Shows Fraud Concern and Security Investment Plans

Strategic Treasurer

Global Payments Survey Shows Fraud Concern and Security Investment Plans. Results show the top challenges and areas of planned investment among companies of all sizes, with fraud and security as consistent themes. The second highest challenge for all firms overall was security fraud management at 49%.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Bank Of The West Adds Cash Management Services

PYMNTS

19), Bank of the West revealed news that it is adding new cash management solutions for its commercial banking customers. Bank of the West’s Commercial Banking Group announced the rollout of DirectPay Manager and Remote Cash Capture, two solutions aimed at facilitating cash flow management for corporate clients.

article thumbnail

Citi: Turning Digital Payments Acceptance Into A Corporate Cash Management Play

PYMNTS

With the impending launch of Spring by Citi , Citi ’s Treasury and Trade Solutions (TTS) is increasingly incorporating the consumer payments experience into its broader B2B treasury management and transaction banking offering as it moves to support its institutional clients in their own journeys to meeting customer payment demands.

article thumbnail

Survey Shows Non-Bank Financial Institutions Prioritizing Security, Compliance, Efficiency

Strategic Treasurer

Survey Shows Non-Bank Financial Institutions Prioritizing Security, Compliance, Efficiency. AI and ML Investments Expected to Grow, Supporting Security and Fraud Prevention. Among the top findings were the following points: Security & Fraud Prevention, Compliance, and Efficiency.

article thumbnail

SME Cash Management Startups Grab $93M In Funding

PYMNTS

Small business accounting and cash management took home the gold this week, with two startups raising a collective $93 million in funding. In total, businesses secured more than $145 million in venture capital (VC) across the U.S., Expense Management. Awake Security. Canada and India. based Karmic has raised $17.2

article thumbnail

Pragmatically Navigating New Technologies in The New Year

The Finance Weekly

For businesses, this might spell out the adoption of a new strategy, scheduling approach, or technology implementation. Technology implementation has been a popular course of action in recent years for many organizations. Moreover, how do you ensure data quality, security, and privacy as cybersecurity breaches stubbornly persist?