The 5 Common Banking Fees Errors

01/03/2019

Cash Management

Is your business grappling with excessive banking fees? Are they accurate or erroneous? An analysis of your bank billing statements can help you solve this dilemma and identify banking fees errors. It is not uncommon for a banking institution to make errors that affect their customers. In January 2018, Wells Fargo double-charged an unknown number of consumers due to an internal processing error. Below, we break down five of the common billing errors we see when helping our customers.

Read the article

Why Should a CFO Care About AFP Codes?

12/14/2018

Cash Management,

Does everyone in the organization need to care about banking with providers who use AFP Service Codes? The simple answer, they should!

Read the article

Is Your Bank AFP Accredited?

11/19/2018

Cash Management,

The winds of change are blowing and improving global bank billing.

Read the article

AFP Service Codes: The General Ledger Chart of Accounts for Bank Fees

11/14/2018

Cash Management

For more than 30 years, AFP Services Codes© have been recognized as the industry standard for identifying service charges that appear on account analysis statements and in responding to RFPs.

Read the article

Do You Update Check Signatures Frequently?

10/29/2018

Cash Management,

Did you know it could save you significant programming costs to use a dummy signature?

Read the article

Redbridge Leads in Industry Consolidation

10/02/2018

Cash Management

Paris, 2 October 2018 – In a market in which technology and regulations are evolving quickly, the Redbridge Group has strengthened its position in the fast-growing cash management sector by acquiring De Rhins, a specialist in the optimization of bank fees. The merger will help both companies better serve their corporate customers.

Read the article

Do You Know the Language of Bank Billing?

09/25/2018

Cash Management,

Speaking AFP service codes is like a foreign language, a language which updates every 5 years.  How would you know what is or is not a bank billing violation?

Read the article

Excited to be returning to the New York Cash Exchange Conference!

05/25/2018

Cash Management

Redbridge is excited to be presenting insights pertaining to Global Treasury and Cash Management, including optimization of bank cash management and payment card fees as well as our next generation of bank fee monitoring software, HawkeyeBSB. Don’t miss our speaking session! We look forward to speaking with you at Booth #218, where members of Redbridge will be located.

Read the article

KYC: the difficult road to simplification

04/23/2018

Cash Management, Payments

With increasing global regulations on KYC, corporate treasurers are seeking some standardization and simplification in a process that also causes a great deal of administrative red-tape at banks in their efforts to comply with ever expanding regulatory requirements.

Read the article

How to Become a Treasury ‘Superhero’

04/23/2018

Cash Management

Redbridge’s Dan Gill and Greg Moore of AutoNation discuss how treasury professionals can become ‘treasury superheros’ by using software tools to help analyze and manage their bank service utilization and related bank fees across the globe.

Read the article

Excited to be returning to TEXPO!

03/28/2018

Cash Management

The Dallas Sheraton | April 08-10, 2018 – Redbridge is excited to be presenting insights pertaining to Global Treasury and Cash Management, including optimization of bank cash management and payment card fees as well as our next generation of bank fee monitoring software, HawkeyeBSB.

Read the article

Mihai Andreoiu joins Redbridge Switzerland as Senior Director

01/22/2018

Cash Management, Financing, Payments, Treasury Transformation

Redbridge strengthens the value of its independent advice to international trading companies. Based in Geneva, Mihai Andreoiu is appointed as Senior Director, Head of Commodities Trading & Trade Finance sector. He will also be responsible for the development of Redbridge’s new Swiss office opened in September.

Read the article

Bank Services Billing – Newsletter

01/11/2018

Cash Management

BSB Newsletter – A newsletter all about bank billing to corporations and other wholesale bank services users: standards, adoption of standards, billing practices and optimizing the billing experience.

Read the article

The full impact of new hedge accounting rules must be carefully determined

12/21/2017

Cash Management, Financing

Last August, the Financial Accounting Standards Board (FASB) issued an update that simplifies accounting rules around hedge accounting. The update is effective for public companies in 2019 and private companies in 2020, but early adoption is permitted. With several options available in the implementation, the full impact of the new guideline must be carefully determined before setting an adoption date.

Read the article

Threats to multi-currency notional cash pooling

12/20/2017

Cash Management

Without waiting for the final terms of the new prudential treatment of notional cash pooling, several sponsor bank institutions have decided to position for clear withdrawal of their pooling services, says Solenn Le Lay, associate director at Redbridge.

Read the article