Blogs

Fraudsters Continue to Target Check Payments A large majority of organizations are still using checks for outgoing payments and checks continue to be the primary target of payments fraud. Without preventative measures in place, every check payment could be exposing an organization to fraud. AFP reported the following as tools and processes companies have implemented to protect their business: ACH Fraud On The Rise As more companies make the transition from paper checks to electronic payments, the Association of Financial Professionals reported an increase in the number of organizations...

Your HTLF fraud partners, Director John Fick, and Fraud Risk Manager Tracy Swaim, along with their teams, work daily to help prevent and mitigate fraud loss for our clients. Now more than ever, small businesses are at an increased risk of fraud. Due to Covid-19, inflation, and rising interest rates, some small businesses are forced to work on a skeleton crew, meaning fewer eyes looking for potential scams. Falling victim to fraud can cost your business precious resources including time and money. Learn more in our latest article about what you can do to help protect yourself and your business...

The economic forecast may be uncertain, but preparing for potentially inflated rates is the smartest course of action. Liquidity management is a lot of work, but the benefits can help your business thrive rather than survive. Learn more about how you can keep your business afloat in every season. A fluctuating economic environment, such as the one we’re currently experiencing, has historically pointed toward the imminent possibility of a recession. While forecasts aren’t 100% reliable, proactive leaders should prepare for future economic turmoil by reimagining their company’s liquidity...

A Culture for Success Built by four generations of cheesemakers, this family-owned cheese company is undoubtedly a master of its craft. Their award-winning cheese continues to draw even greater demand—and to help fill it, our financial solutions deliver on a special recipe of its own. “We feel very fortunate to have them as a partner. They’re local and their services are top-notch and can compete with any bank—that makes it a really good relationship.” —Co-Owner, Cheese Company “Our relationship with our bank started back in the ’80s, and through the years they’ve continued to provide the...

Discover the many ways your business can benefit from a streamlined and secure payments process utilizing electronic payments. Hear from our clients and team as they share insights and strategies that can positively impact a company’s bottom line. Our client panel includes: A large Construction company located in the West who developed a payments strategy by implementing fraud tools and transitioning to Commercial Card for payments to key vendors. A Midwest lumber supplier who has gained significant efficiencies by streamlining their AP process across multiple payment types using Integrated...