To manage a balance sheet is to protect the heart of any company. Doing so effectively is never more critical than when the economic environment is in flux. The essential strategic importance of a strong treasury operation stays the same, even throughout the tumult. The...
PYMNTS asked business leaders for their take on how to plan for the rest of 2023 and what they are telling their teams to focus on. Mesh Payments CFO Anna King says CFOs don’t have the luxury of assuming the current company spend is the best...
Macroeconomic dislocations have highlighted the need for organizations to future-proof their businesses against uncertainty. Times of turmoil generally provide firms with a key opportunity to focus, or refocus, on the fundamentals. Dimitri Dadiomov, co-founder and CEO at money movement application programming interface (API) Modern Treasury,...
Pinwheel has partnered with Visa to provide consumer-permissioned income and employment data to businesses. By joining the Visa Fintech Connect Program, Pinwheel can provide this data to merchants, financial institutions and FinTech companies more easily and with additional security and compliance, the companies said in a Wednesday (March 29) press...
Fighting B2B payments fraud starts with acknowledging that financial risk management starts from within. A continuous audit and data validation has been shown to be a key ingredient in the fight against business payments fraud, as nsKnox Chief Operating Officer Nithai Barzam told PYMNTS in...
Some people build businesses, others buy them. And some people build companies, sell them and buy other firms. But regardless of the strategy, there’s a simple commonality and necessity underpinning it all: capital. It’s the lifeblood that gets new business off the ground, that sustains...
Managing global risk has become more complicated than ever. Risk managers must not only confront issues of maintaining global regulatory compliance concerning anti-money laundering (AML) and know your customer (KYC) standards but also contend with global events that cause marketplace uncertainty and often threaten to...
“Each day looks wildly different.” Tom Frantz, risk manager at Airbase, told PYMNTS that in an uncertain macro environment, as companies move increasingly online and cybercriminals become increasingly wily, the risk manager must wear a variety of different hats. “You’ve got to get your hands...
Deductions occur when buyers fail to pay manufacturers the full price for their products as listed on their invoices, and they may occur for several reasons. Buyers could receive damaged or defective products, for example, or they may have received more inventory than they purchased....
