Summary
This document is a report detailing the latest updates and features in Treasury Management for Winter 2023. It introduces new ACH capabilities, including Same Day ACH origination, which allows clients to send payments quickly and securely. The report outlines the benefits of using Same Day ACH for various payment needs, such as last-minute bill payments and emergency payroll. It also provides best practices for managing check fraud through the Positive Pay service, recommending proactive measures like submitting check issues in advance and setting up alerts for fraud detection. Additionally, the document discusses the transition to the ISO 20022 messaging standard, explaining its advantages for enhanced payment processing and the bank's strategic approach to implementation. Furthermore, it mentions a recent webinar on economic and market risks for 2024, featuring insights from financial experts. The report concludes with resources for further information and support.
