PTX Cash Management and Payments
The simple way for your organization to automate spreadsheets, develop timely cash visibility and greater payments control without the complexity of a TMS implementation.
Any company operating in a multibank/ multi-connectivity environment, regardless of size, can now take advantage of SWIFT to streamline communications and create a more efficient payment environment.
This paper provides to help you determine if SWIFT corporate access is right for you while providing guidance on making a compelling business case for joining SWIFT.
SWIFT provides access to more than 1,000 institutions in over 200 countries and allows corporations to manage services across their financial supply chain through a single highly secure, standardized communication platform.
Increasing threats of payment fraud have resulted in a new set of SWIFT security controls, known as the SWIFT Customer Security Programme or CSP. The SWIFT CSP establishes a set of mandatory and advisory controls to act as a security foundation for the SWIFT community.
When a major global insurer sought opportunities for growth and modernization of its infrastructure, it realized replacing existing payment systems was a top priority. Stifled by costly and error-prone legacy systems, they found optimizing cash flows was a challenge due to lack of visibility and efficiency.
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