Webinar: Cash collections best practice

Join us for the first webinar in the cash collections series where we’ll explore how to streamline your cash collection processes from start to end, whether you collect via Direct Debit, invoices or card payments. Become more efficient, collect cash quicker, provide a better customer experience and enhance your payment security. 

We’ll be covering:

• The changing landscape of cash payments and cash collections
  
• How to overcome common cash collection problems
  
• Different methods of cash collection
  
• How to give your customers a simple and efficient payment experience
  

Register your place today!

Presenters:

Combating money laundering can be costly, complicated, and prone to error. It requires that organizations perform appropriate due diligence, including screening financial transactions for suspicious activity, and checking customers against global sanctions lists. High risk customers must be monitored with an additional level of scrutiny. If not done or done incorrectly, organizations are left at risk.

Combating money laundering can be costly, complicated, and prone to error. It requires that organizations perform appropriate due diligence, including screening financial transactions for suspicious activity, and checking customers against global sanctions lists. High risk customers must be monitored with an additional level of scrutiny. If not done or done incorrectly, organizations are left at risk.

Combat money laundering and financing of terrorism by monitoring financial transactions for suspicious activity. Track activity across multiple accounts for the same entity, match against imported lists (OFAC, FATF, NCCT, PEP, etc.), and use pre-configured rules to generate alerts required to comply with AML/CFT regulations.

Functionality

• Structuring – a customer who attempts to hide the size of reportable cash transactions by breaking them into multiple, smaller transactions.
• Suspicious currency-related transactions.
• Potential Money Service business activity.
• Major changes in customer behavior compared to previous patterns.
• Link analysis to find a group of customers and accounts with suspicious relationships and/or transactions.