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Abstract: In today’s marketplace,
credit unions face competition from community banks, money center banks, thrifts, other
credit unions, insurance and brokerage firms, and even large retailers that are expanding into banking
services. With competition coming from every corner,
credit unions must use technology to their advantage, since it represents a phenomenal opportunity to improve efficiencies, manage costs, and streamline operations.
PubDate: 9/29/2006 11:15:00 AM
Abstract: In 2004, there were 1.3 billion credit cards in circulation in the US. With fraud incidents on the rise, credit card companies are at constant risk of losing sensitive cardholder data. At the same time, strict payment card industry (PCI) requirements are forcing companies to put better systems in place to ensure clients are adequately protected. By implementing the right software tools, achieving compliance is possible.
Abstract: Using credit and A/R management as a sales tool requires defining goals and measuring results. Determining the competitive landscape and using A/R management software with key features will help companies realize the full potential of credit and A/R management.
Abstract: The US energy sector has experienced recent loss of counterparty confidence. To offset this, managing credit risk has become paramount. Knowing what the risks are is just the start—risk mitigation methods must be used to reduce overall credit risk exposure and to free up capital resources. Find out three key ways to mitigate risk, and how a clearing, novation, and release agreement (CNRA) can help guarantee collateral.
Abstract: Noncompliance with Payment Card Industry (PCI) standards can have a devastating effect on any company that relies on credit card transactions. Contractual penalties and revocation of your rights to process credit card transactions are just two potential repercussions. Though there is no single solution for PCI compliance, you can minimize the risks by staying on top of the latest products and procedures. Learn more.
Abstract: Identity theft and credit card fraud affect all businesses—and the problem is only getting worse. In order to combat these threats, credit card companies have joined forces to introduce the Payment Card Industry Data Security Standard (PCI DSS). For financial institutions, complying with PCI DSS by using real-time monitoring and selective enforcement software can help to relieve the burden of unauthorized changes.
Abstract: We don't like to be reminded that there are people who thrive on the theft or malicious destruction of sensitive information, especially where financial transactions are concerned. However, businesses can no longer afford to be complacent. Implementing a practical policy such as the Payment Card Industry (PCI) Data Security Standard can go a long way toward ensuring peace of mind.
Abstract: The credit and collection function is the most misunderstood, underutilized, and undervalued area of business. When allied with the sales function, controlled A/R can generate a significant cash inflow playing a huge role in the prospect-to-cash cycle.
Abstract: A recent survey of companies which have implemented SAP Accounts Receivable reveal more than a few areas where the system failed to deliver. Although nearly all reported one or more influences on credit and collections that did not relate to SAP, 70% of them felt shortcomings of SAP's A/R module were at least partly to blame for the observed rise in Days Sales Outstanding.
Abstract: Investment banks, hard-hit by the subprime meltdown and credit crunch, are grappling with a dramatically different deal landscape, all while coping with massive write-downs, staff cuts and budget cuts. Learn how client-centric strategies and customer relationship management (CRM) tools are helping banks maximize the value and loyalty of their client bases, take advantage of new opportunities, and do more with less.
Abstract: This case study describes how operational inefficiencies that resulted from overlap in human resources (HR) and payroll service delivery seem to have been overcome with the consolidation of services. Learn how Credit Lyonnais saved time and money, improved data accuracy and control, and enhanced and expatiated reporting capabilities.
Abstract: In 2006, Envision Credit Union’s new chief financial officer (CFO) was looking to improve the visibility, efficiency, and accuracy of the company’s accounting and finance functions. Find out how a new business intelligence (BI) and analytics solution helped Envision reduce administrative costs, increase the average amount of overnight cash investments, and improve operational visibility, without adding staff.
Abstract: Copper Mountain debuts a Multi-mode Asymmetric Digital Subscriber Line (ADSL) line card. This line card will deliver voice and data service simultaneously over a standard plain old telephone service (POTS) line.
Abstract: The payment card industry (PCI) Data Security Standard establishes common processes and precautions for handling credit card data. Although achieving PCI compliance can seem daunting, the requirements represent security best practices that should be observed by any organization with IT systems and data to protect. Learn about network scanning and security assessment solutions that can help you manage PCI compliance.
Abstract: Compliance with the Payment Card Industry Data Security Standard (PCI DSS) is mandatory. As such, businesses must think seriously about their data storage security and the day-to-day encryption management of their customer data. As a merchant or credit card processor, will you be ready when the auditors come knocking? Learn more about the foolproof way that many businesses are passing PCI DSS audits.
Abstract: The Payment Card Industry Data Security Standard (PCI-DSS) was created by credit card companies to protect cardholder data, ensuring that merchants and service providers maintain the highest degree of information security. However, many retailers are still questioning its effectiveness and necessity in light of the high cost of compliance. Read this white paper to find out what this cost really means for your organization.
Abstract: Businesses and security threats alike are evolving. Strong protection of client data is a necessity for any organization handling credit card information, especially if it’s subject to payment card industry (PCI) compliance. As a result, many businesses are looking for ways to ensure proper security controls. Thankfully, there are solutions adapted to the challenges of meeting PCI compliance—and staying secure.
Abstract: As of June 2006, the payment card industry (PCI) has established a detailed set of policy, procedure, infrastructure, and data security requirements for merchants that store and process credit card data. That’s why it’s vital for key PCI requirements to be met when it comes to encryption, user authentication, virus and malware control, access control, and auditing.
Abstract: Too often, manufacturers implement technology for financial reporting, but overlook efficiencies that can generate cash flow and reduce costs on the shop floor. While credit won’t cure the credit crunch manufacturers are facing, automated processes that improve cash flow and keep lenders in the loop can go a long way in convincing lenders that their risk is low. Find out more about how automated systems can help you.