Lessons from David Kurrasch

Posted by Angela Sarno on Dec 7, 2020 10:02:00 AM

David Kurrasch, President of Global Payment Advisors and a Financial Service consultant with decades of experience in the payments industry, recently sat down with us for a lively and far ranging conversation around ACH, banks and payments fraud risk.  Excerpts are below.

 

Dave Kurrasch, President of Global Payments Advisors, has worked in corporate treasury, banking and consulting for over 40 years. His career started as a cash manager at a large, diversified corporation where he ran the day-to-day cash desk, short term borrowings and investment, and bank relationships. Dave joined Wells Fargo Bank as Vice President and National Sales Manager for the Bank’s Treasury Management Division and later was promoted to Senior Vice President in charge of the Bank’s Treasury Management Product Development and Management operations. Dave and his team were responsible for all product development, risk and fraud management, unit costing and profitability analysis.

After 15 years at Wells Fargo, Dave founded Global Payments Advisors in 1997 and has provided consulting advice and contracting services to banks, corporations, universities, governments and FINTECH start-ups in the United States, Canada, Europe and Asia. He has deep experience in all facets of treasury management, payments, risk and fraud management and their statutory/regulatory compliance.



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Topics: ACH, vendor master, risk

Payments Fraud and Your Vendor Master: Uncovering Hidden Risk

Posted by Angela Sarno on Oct 29, 2020 8:30:00 AM

Spoiler alert: the scourge of business payments fraud is not going away. The challenges facing organizations with maintaining and securing their vendor master data were already daunting in a pre-Covid world, never mind now that the way people work has been radically reimagined. 

Against this backdrop, we were thrilled to host a panel discussion, "Payments Fraud and Your Vendor Master: Uncovering Hidden Risks," where we brought together Clay Deutsch, a former bank CEO, Rob Unger from Nacha and Thayer Stewart, our CEO, to provide their divergent perspectives on the problem of business payments fraud, and what organizations should be doing to combat it.

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Topics: payments fraud, ACH, vendor master, risk

Matt Klein Answers The Million Dollar Question About Coverage

Posted by Taylor Nemeth on Oct 13, 2020 9:59:00 AM

Matt Klein, National Fidelity Product Leader at Willis Towers Watson, joined us for the 3rd installment of our podcast: PaymentWorks Presents Risky Business.  Below is an edited excerpt from that conversation.  You can listen to the full podcast here. 

Ed note: if you have even a passing interest in protecting your organization from payments fraud, we highly recommend you give this podcast a listen.  

 

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Topics: payments fraud, insurance, podcast, risk

 

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The Business Identity Platform that automates complex payee management processes to:

  • Eliminate the risk of business payments fraud  
  • Reduce cost
  • Ensure compliance

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