Redbridge Debt & Treasury Advisory

11/25/2021

🦃🍂🍁 Happy Thanksgiving from everyone at Redbridge Debt & Treasury Advisory! We hope you all stay safe and have a blessed holiday.

11/15/2021

Latin America has seen tremendous growth when it comes to online transaction rates. In fact, their online sales are projected to double the global average of 11% by 2023.

However, if you’re wanting to break into the now booming Latin American market, make sure you know what payment methods are being used. One of the biggest differences from the U.S. is that credit and debit payment methods are not widely utilized. Up to 65% of adults are unbacked and do not have access to many financial services. Instead the top three payment methods used in Latin America are:

📱 Mobile instant payments

💸 Electronic funds transfer

💳 Prepaid/loadable cash cards

11/04/2021

The Queen of AFP Codes, Bridget Meyer, will host a presentation this Monday covering the largest update to the U.S. bank billing codes since the AFP introduced them 30 years ago. Do not miss this opportunity to control costs with effective bank analysis!

10/31/2021

🎃 Happy Halloween 🎃 from everyone at Redbridge Debt & Treasury Advisory! We hope everyone has a spooktacular weekend!

10/27/2021

It is always the merchant’s responsibility to handle merchant error chargebacks. Two ways to reduce these occurrences is by having a clear customer journey and straightforward refund policy.

✅ Conducting a proper analysis of the merchant’s payment environment and needs is a great way to identify which processes and tools should be implemented to help avoid merchant error chargebacks.

Read more about how to properly handle chargeback errors on our blog > http://ow.ly/XWBc50GzjZq

Learn the basic elements of chargebacks, the standard chargeback process, and how merchants can mitigate chargeback risks to reduce losses.

10/25/2021

🎃👻 Halloween is spooky enough, what’s even scarier is the billions of dollars companies lose each year from fraud and theft.

Minimize your risks this Halloween with HawkeyeBAM, the most effective bank account management tool.

Learn more > http://ow.ly/NNUm50Gxwjq

10/20/2021

❗️ There’s been a lot of talk about Visa’s debit routing practices and how they may be anti-competitive. Dan Carter goes over the U.S. Department of Justice’s most recent probe into this issue and what it means for businesses in our latest post on the Redbridge blog > http://ow.ly/WKKr50Gu7IO

The Department of Justice’s probe into Visa’s practices around debit routing may drastically affect the competitive landscape.

10/19/2021

It happens at restaurants and it probably happens with your banks.

⚠️💳 Overcharges can be a common occurrence that go unchecked and cost you money. Make sure you have the right tools to hold your banks accountable.

Learn more about how can provide transparency with your banks > http://ow.ly/nR6u50GtP78

10/14/2021

Every dollar lost to fraud costs companies $3.36, compared to $3.13 in 2019 and $2.40 in 2016, which is why having a chargeback strategy is so important. Here’s how you can get started with one in three easy steps:

1️⃣ Determine how vulnerable you are to chargebacks and what level of risk you are willing to take to maximize revenue.

2️⃣ Analyze the source of chargebacks, figure out what kinds they are and if there are any patterns or root causes.

3️⃣ Take the necessary steps to start eliminating each type of chargeback (i.e., criminal fraud, friendly fraud and merchant error).

Read more about developing a chargeback strategy in our blog > http://ow.ly/9Ne850GqlCF

10/12/2021

With modern technology, being able to access information instantly is something we have all come to expect. In order to achieve this speed, most services use APIs (application programming interfaces), which allow different apps to work together and exchange information more efficiently.

When it comes to banking with APIs, there are a few questions you need to keep in mind:

✔️ Can your major banking partners support API connectivity?
🗓 Will the use of APIs be part of your long term plan?
⚙️ What are your current systems capable of?
🔗 Have you already linked your TMS or ERP with you banks?

If you are looking to change your banking landscape and would like to consider API connectivity with your new banks as a part of that change, Redbridge is committed to helping you work through these questions and make sure the banks can clearly show the value of their API solutions for your business.

Learn more from out blog > http://ow.ly/t2H350GpGty

One of the most exciting and challenging things about the treasury world today is how technology has the potential to revolutionize a treasury team’s process. From implementing a TMS and no longer forecasting in Excel to using APIs to directly connect to your banks, there is always a new and excit...

10/11/2021

We are seeking an ambitious Global Relationship Manager to join our growing team in the U.S! Are you a true game-changer with strong sales and advisory skills? Send us your resume using the link below.

📍New York/Houston > http://ow.ly/iUYC50GpGNR

09/30/2021

For decades, one of the primary challenges described by treasury teams has been the need for more effective controls around their inventory of bank accounts and employees with authority over those accounts.

The experts at Redbridge Analytics developed to automate the four most important factors in :

🎯 Accurate System of Record: Maintain detailed records of all bank accounts, tailored to your organization.
⚙️ Detailed Process Workflow: Enforce customized workflows for your policies and procedures.
🔄 Bank Synchronization: Verify that the bank's records are in agreement with your own.
📜 Compliance & Regulatory: Ensure that you are compliant with audit and regulatory requirements.

Implement the four pillars of BAM in your organization! Learn more > http://ow.ly/oyvN50Gib5q