Articles tagged with:
payment factories

  • Rodney Gardner, Bank of America Merrill Lynch

    With a renewed focus on accounts receivable among the corporate community, Rodney Gardner shares his thoughts and expertise on everything from straight through reconciliation to transitioning from paper to electronic payments.

  • Payment Services Directive 2

    This month’s question

    “What is the state of play with the Payment Services Directive 2 (PSD2)? What will the major changes be? And what do I, as the treasurer of a European company, need to think about in relation to the PSD2?”

  • Paying using phone

    Implementing payments factories more effectively

    As the use of payments factories spreads from large corporates to smaller concerns, implementation issues are likely to be a sticking point for many. But as usage grows, best practices are starting to be established.

  • David Blair, Acarate

    Payment factory: beyond plumbing

    Payment factories tend to be seen as data pipes between centralised ERPs and banks. This remains a very valid model. Some groups cannot or choose not to centralise in this way. Adaptation of the payment factory model allows them to enjoy the many benefits payment factory technology offers, says our treasury insider.

  • Industrialising payment processing

    Increasing numbers of corporates are setting up payments factories as a way of replacing labour-intensive, repetitive payments processes with more capital-intensive, centralised ones. And with greater connectivity to SWIFT and the implementation of SEPA, this trend towards the ‘industrialisation’ of payments processes looks set to continue.

  • Cybercrime: is your payment service provider a weak link?

    The latest hacking scandal to hit the business world has seen Global Payments, a credit and debit card transactions processor, reveal that 1.5m credit card numbers in the United States may have been stolen by hackers. The news highlights the growing danger of counterparty risk to corporates. Can companies trust their payment service providers (PSPs) to have the right security in place?

  • Photo of the Shard

    Bringing the pieces together

    Internal and external cashflow management – and the data associated with these two pieces of the cashflow puzzle – have proved difficult to bring together. But greater integration of the in-house bank and payments factory with liquidity management and planning solutions, are making it possible for companies to get a clearer picture of their group-wide liquidity.

  • The next generation of payments factories go beyond consolidation

    As corporate payment factories mature, some companies are looking to further optimise their payments processes, and new-style payment factories are helping them do just that. Next-generation payment factories allow corporate treasury not just to gain central control over outgoing payments, but also to…

  • Peter van Rood, Corporate Director of Treasury, AzkoNobel

    Corporate View: 
    Peter van Rood, AzkoNobel

    In this interview, Peter van Rood, Corporate Director of Treasury, outlines the key drivers behind the successful transformation of his department which won EuroFinance’s 2010 Treasury of the Year award.

  • Next generation payment factories

    Effective cash management is a top priority for treasurers today. Payments (and collections) are an obvious area that can be addressed in pursuit of efficiency gains. The new generation of payment factories uses sophisticated technology to give corporates greater visibility over cash flows and enhanced efficiency through process automation and centralisation.