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☆ Here's how to establish better protection around your company's 2 biggest cybersecurity risks
▼ + stars: | 2022-11-18 | by ( Sponsor Post | Created Citizens With Insider Studios | ) www.businessinsider.com time to read: +6 min

There are a number of ways that cybercriminals target payments directly or collect sensitive information that allows them to access financial accounts. Phishing remains one of the most common methods criminals use to gain access to payments or sensitive information. Under the guise of authority, they ask employees to send payments or sensitive information. Stolen credentials can also be used to initiate fraudulent ACH payments. Ransomware programs typically infiltrate a company's network, encrypting data across the network to render it unusable and then holding the encrypted data for ransom.

☆ How to transform your business's payables and receivables to keep up with customer demand
▼ + stars: | 2022-11-11 | by ( Sponsor Post | Created Citizens With Insider Studios | ) www.businessinsider.com time to read: +7 min

By Matt Richardson, head of treasury product solutions, CitizensFueled by greater connectivity and faster transactions, the digital transformation of the payables and receivables landscape continues to reshape the outlook for treasury management. We've seen many companies embrace faster and easier payments systems. This is set to launch by 2023 and will extend access to real-time payments to more financial institutions and customers nationwide. The dominant force in this area will be cloud-based, intelligent payables and receivables platforms like Citizens' integrated payables solution powered by Paymode-X. Relatedly, payment messaging will be an essential area to keep track of as new digital payment options are becoming increasingly sophisticated and data-intensive.

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