As financial services become more interconnected and technology-driven, the role and impact of the chief risk officer (CRO) is evolving dramatically. “The speed of change is what stands out the most,” Regina Lewie, SVP and CRO at Corporate One Federal Credit Union, told PYMNTS. “Risk...
Risk management has been a longstanding principle in payments and commerce. Identifying risks, and being able to avoid them, is key to accelerating growth. And as businesses rely on digital payments, the role of the chief information security officer (CISO) has become central to protecting...
At a time of higher interest rates and heightened market volatility, actionable insights and forecasting take on greater importance for corporate treasury teams. For example, better cash flow prediction can allow treasurers to manage liquidity more tightly, minimizing financing costs. However, the wealth of data...
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...
