Knowledge Center

Global Finance recently named Fides the winner of the 2018 Cash & Treasury Management Best Corporate Implementation award for the multi-banking solution we implemented for our client Payoneer. Here are some of our thoughts about the win.

Fides’ CEO, Andreas Lutz, was recently interviewed by LeFonti’s World Excellence magazine on the issues and opportunities within the multi-banking payments sector. This post summarizes some of the key points contained within the article.

The larger the organization, the higher the percentage of fraudulent activity: 84% of firms with an annual revenue greater than $1B with more than 100 payment accounts reported attempted or actual payments fraud.Here are four ways to be proactive about achieving and maintaining payments security.

Payments fraud is continues to be on the rise. Know the signs of potential attacks.

Treasurers need visibility into cash management and potential fraudulent activity. They want to lower costs, both externally and internally, and also reduce the number of errors made across all points of the payments process. The top two payments priorities identified by treasurers in the 2016 Global Payments survey by consulting firm, Strategic Treasurer, were fraud prevention and the need to increase efficiency. This sounds like common sense, so why is it so difficult to achieve?