Blogs

What is Ransomware? Ransomware is a continuously evolving form of malware designed to encrypt files on a device, rendering any files and the systems that rely on them unusable. Malicious actors then demand ransom in exchange for decryption - often targeting and threatening to sell or leak exfiltrated data or authentication information if the ransom is not paid. Who is at Risk of Ransomware Attacks? Anyone with a device connected to the internet is at risk, including government or law enforcement agencies and healthcare systems as well as other critical infrastructure entities. Ransomware...

Unfortunately, it’s no longer a matter of “if,” but rather “when” payments fraud will impact your business. As you look at your payment strategy, does it minimize your risk to fraud? Like many businesses, your strategy may be highly focused on check payments, the most compromised payment type. Sixty-six percent of businesses said their companies experienced check fraud as part of the 2021 Association of Financial Professionals Payments Fraud and Control Report. While other payment methods have been targets, the risk significantly decreases with others; a breakdown is below. Tools and Best...

Your business probably receives daily invoices for payments. Have you considered the steps, manpower and security of your payment method? Cutting a check can take upwards of ten steps and is very unsecure, while ACH and credit card are quicker and more secure. If the latter two are used less frequently, your business is probably not maximizing your accounts payables process. By developing a solid payments strategy, both your business and your vendors will benefit. You can maximize your ability to earn revenue, improve cash flow and streamline processes with a strong payments strategy in place...

A Culture for Success Built by four generations of cheesemakers, this family-owned cheese company is undoubtedly a master of its craft. Their award-winning cheese continues to draw even greater demand—and to help fill it, our financial solutions deliver on a special recipe of its own. “We feel very fortunate to have them as a partner. They’re local and their services are top-notch and can compete with any bank—that makes it a really good relationship.” —Co-Owner, Cheese Company “Our relationship with our bank started back in the ’80s, and through the years they’ve continued to provide the...

Discover the many ways your business can benefit from a streamlined and secure payments process utilizing electronic payments. Hear from our clients and team as they share insights and strategies that can positively impact a company’s bottom line. Our client panel includes: A large Construction company located in the West who developed a payments strategy by implementing fraud tools and transitioning to Commercial Card for payments to key vendors. A Midwest lumber supplier who has gained significant efficiencies by streamlining their AP process across multiple payment types using Integrated...