Banking and connectivity
Fraud and cybercrime have been a concern for corporate treasurers for several years, and this past year showed us that there is a new risk to consider: connectivity. The stories of banks being hacked and losing millions through unauthorized payments shook the industry, since protecting payment connectivity workflows was low on the priorities list for treasury.
While unfortunate for those involved, there are valuable lessons to be learned for the rest of us in treasury:
The International EuroFinance conference in Vienna, a world capital of music, offers a full stack of cash management, treasury management, blockchain, strategic treasury sessions, and an exclusive award celebration, the International EuroFinance Award for Treasury Excellence. During the three day conference, finance executives and treasury professionals from around the world will present trending and current best practices on global payments, cash forecasting, and hedge accounting with a special focus on how to manage long term impacts of Brexit.