Redbridge Debt & Treasury Advisory

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

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

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!

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

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

Chargeback Basics: Understand the Process to Cut Losses - Redbridge Learn the basic elements of chargebacks, the standard chargeback process, and how merchants can mitigate chargeback risks to reduce losses.

🎃👻 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

❗️ 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

Is Visa Making PIN & PINless Debit Better or Worse for Merchants? - Redbridge The Department of Justice’s probe into Visa’s practices around debit routing may drastically affect the competitive landscape.

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

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

What Are APIs and Are They the New Way To Connect to Your Banking Partners? - Redbridge 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...

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

What’s the chargeback process for a merchant? Gabriel Lucas answers some the most common chargeback-related questions we receive from clients in our latest post on the Redbridge blog > https://bit.ly/ChargebackProcess

The days of being limited by off-the-shelf or home-grown BAM tools are over. Thanks to HawkeyeBAM, you can build your very own BAM solution, without investing the time and effort.

Learn more >https://bit.ly/introducing-hawkeyebam

⚠️ A shift in the bank fee market has begun where banks are significantly raising prices for all branch related services. With less consumer activity at branches, this means the costs will be passed on to corporate clients.

In this new post on the Redbridge blog, Redbridge's Chris Gibson discusses how corporates can get ahead of this trend in increasing branch closures and branch pricing.

Read it here >https://bit.ly/3kdi6yO

Corporates, Banks Don’t Want Your Branch Deposits - Redbridge A shift in the bank fee market has begun where banks are significantly raising prices for all branch related services. Here's what treasurers need to know.

Where are corporate banking partners focusing their attention in a post-pandemic economy? Here’s what we have seen in recent client engagements: https://bit.ly/3eDEle3

Top Cash Management Trends in the Banking Industry for 2021 - Redbridge Where are banks focusing their attention in a post-pandemic economy? Here are the trends we've seen in our client engagements.

For those wanting to break into the market, it can be tough — especially if you are wanting to apply the same business strategies used in the U.S. to emerging markets like Mexico or Colombia.

In our latest post on the Redbridge blog, Hector Galvan shares the differences in card acceptance between Latin America and the United States and what you need to know before entering this growing market: https://bit.ly/33NP8MT.

A Guide to Payment Methods in Latin America - Redbridge Learn the top payment methods in Latin America and what to consider before expanding your business into this market.

Contemplating an integration with your banking partners? Check out our latest post on the Redbridge blog. Redbridge experts Sarah Gundle and Ashley Krause, CTP, answer everything you need to know about APIs including what they are, how they differ from other connectivity options (like , for example), and two key topics to consider before deciding whether they should be on your radar. 👉🏻 https://bit.ly/2PRfyu7

We're delighted to welcome Audrey Lokker, CFA, to our growing U.S. team! Audrey brings over 25 years of experience and a wealth of expertise in . Having also ventured into independent debt advisory, Audrey fully understands—and endorses—the Redbridge value proposition! 💪

Learn more about our all-star team > https://bit.ly/39Tj1PB

Redbridge is seeking an ambitious Global Relationship Manager to expand its U.S. client base and drive sustainable revenue growth. Are you a true game-changer with strong sales and advisory capabilities? Are you passionate about doing what's right for our clients, associates and industry? Send us your resume 👉🏻 bit.ly/global-rm.

reporting has reached global acceptance and a tipping point in adoption. Check out the latest CGI survey results on global bank adoption of the BSB ISO20022 cash management bank fee reporting file format. http://bit.ly/bsb-bank-survey-report

Companies are looking for faster, safer, and more convenient ways to make payments. As a result, the popularity of same-day ACH, real-time payments, mobile payments, Zelle transactions, and other types of electronic payment has grown rapidly.

Get the details on how faster electronic payments can benefit your organization: https://www.redbridgedta.com/us/market-intelligence/faster-electronic-payments/?utm_source=facebook.com&utm_medium=social&utm_content=+-+&utm_campaign=blog+-+card

The Pros and Cons of Faster Electronic Payments - Redbridge Before adopting faster payment methods – like same-day ACH or real-time payments – in your business, make sure you've considered these points

Virtual bank accounts have been trending for many years now, with global banks heavily investing and preaching to convert their customers. But are virtual bank accounts really the miracle solution that treasurers across the world have been waiting for?
In our latest post on the Redbridge blog, Helene Shen, Redbridge Senior Director, answers important questions surrounding VBA adoption among corporate treasurers.
https://www.redbridgedta.com/us/market-intelligence/virtual-bank-accounts/?utm_source=facebook.com&utm_medium=social&utm_content=+-+&utm_campaign=blog+-+cash+management

"Since its inception, has continually puzzled those responsible for managing card acceptance.

In our latest post on the Redbridge blog, we share how interchange qualification works and reviews techniques for properly assessing your qualification to ensure you’re asking your acquirers the right questions. https://www.redbridgedta.com/us/market-intelligence/interchange-are-you-in-the-right-lane/

Interchange: Are You in the Right Lane? - Redbridge Interchange makes up the greatest amount of fees that a merchant pays; typically, interchange accounts for 70%-85% of total fees. It is paid to the card-issuing bank.

Retailers are looking to the holidays to start making up critical ground lost earlier in 2020. One way merchants can make up the deficit is by utilizing buy now, pay later (BNPL) services from companies like Affirm, Afterpay, Klarna and QuadPay.

Redbridge Associate Director, Dan Carter explores the dramatic and modern shift in the BNPL model as well as the new cast of players that have emerged in recent years, ready to capitalize on consumers who do not want to load up their credit cards. https://www.redbridgedta.com/us/market-intelligence/buy-now-pay-later-when-trends-come-around-again/

Buy Now, Pay Later: When Trends Come Around Again - Redbridge There has been a dramatic and modern shift in the buy now, pay later model, with a cast of players ready to capitalize on consumers who do not want to load up their credit cards. Here are the pros and cons of the buy now, pay later model for merchants.

Throughout COVID-19, the payments industry has been witnessing an influx of first-hand returns. Consider these points when considering your organizations return or refund policies. https://www.redbridgedta.com/us/market-intelligence/chargebacks-returns-best-practices-merchants-covid-19/

Chargebacks & Returns: Best Practices for Merchants During COVID-19 - Redbridge Implementing these best practices across your business can help you mitigate the risk and cost of chargebacks and the fees associated with return transactions.

To the fearless men and women who have served and sacrificed for our country, thank you for your service. Today we honor you – happy Veterans Day. 🇺🇸

DON'T MISS IT! Join the Redbridge Virtual Booth from now until October 29 to learn about how our advisory services and analytics solutions can benefit your organization. https://bit.ly/2FREDjk

Visa’s interim fee modifications became effective July 2020. Here’s what you can do to mitigate the impact: https://www2.redbridgedta.com/visa-interim-rate-changes-fb

How to Avoid the Impact of Visa’s Interim Rate Changes - Redbridge In June, Visa announced that it was implementing an “interim” fee modification to its new non-qualified rate, which became effective July 17, 2020. This interim fee modification will remain in place until the previously published rates take effect in April 2021. Here's what else has changed.

While the world was shutting down, an Association for Financial Professionals taskforce of 19 bankers, corporates, and software vendors was embarking on a massive project led by Redbridge to update the AFP Service Codes. The taskforce completed an eight-week project of reviewing 2,000+ active service codes and made the largest update to the code set to date.

Here's an exclusive inside look at the new changes: https://www2.redbridgedta.com/afp-service-code-set-update-2020

A Sneak Peek Into the AFP 2020 Service Code Set Update Coming Soon - Redbridge An AFP taskforce completed an 8-week project of reviewing all 2,000 active AFP Service Codes and made the largest update to the code set to date. Here's what's changing.

What net effective earnings credit rate (ECR) could look like in the United States before the end of 2020: https://www2.redbridgedta.com/how-safe-is-your-balance

How Safe Is Your Balance From a Negative Interest Rate Policy? - Redbridge Despite the mixed results of other countries' experiences with NIRP, the likelihood that the U.S. will adopt a negative interest rate policy in the near term is high. Here's why.

As banks’ internal costs increase and brick and mortar locations decrease, alternative cash depository methods are on the rise for corporates, in lieu of going to the teller window. Along with offering convenience, these newer methods may be priced more competitively, thus enticing businesses to give them stronger consideration. From ATM deposits to deposits by mail, here are some the methods gaining popularity today: https://www2.redbridgedta.com/branch-depository-options

Branch Depository Options Trending Today - Redbridge In today’s depository industry, one open-ended question companies face is which method they should use to process deposits. In this article, we review the methods being used today and those gaining popularity in the industry.

There is no time like the present to highlight the importance of strong cash forecasting processes and procedures. As businesses struggle to stay afloat amidst the COVID-19 pandemic, what is being done to ensure the lights stay on?

In this article by Treasury, our and specialists Didier Philouze and Dino Nicolaides share their views on the importance of cash flow forecasting in these unprecedented times: https://treasurytoday.com/insight-and-analysis/short-reads/forecasting-for-survival-ttti

Forecasting for survival | Treasury Today Treasury Today uses cookies to give you the best possible browsing experience. This includes cookies from third parties, which will track your use of the Treasury Today website. If you wish to continue without changing your settings, we will assume you are happy to receive all cookies.

For retailers and other deposit-heavy companies, choosing the optimal deposit method is vital to both process efficiency and company costs. As bank internal costs increase and some banks close brick and mortar locations, alternative deposit methods are on the rise.

Join us tomorrow (4/30) at 10 AM CDT for "Thinking Outside the Branch: Determining Your Optimal Deposit Strategy," part two of our four-part series, as we discuss deposit methods gaining popularity in the industry today: https://bit.ly/2SiHBjY

Did you know payment card processing fees are the third largest expense that businesses have after rent and payroll? An action plan is necessary to take control of your payment card processing expenses. The first step is making sure your business has visibility into the process: https://www2.redbridgedta.com/bank-card-fees

What Can You Count On? Bank and Payment Card Fees - Redbridge An action plan is necessary in order to take control of your payment card processing expenses. To manage cost effectively, it is vital that your business has visibility into the process, starting with the following.

Organizations will be faced with the most sweeping and transformative card brand changes in more than a decade.

While these changes have been touted by the brands to alleviate the cost of acceptance in certain sectors, most organizations can expect to see increases in cost along with a myriad of modifications: https://bit.ly/3beg76y

2020 Card Brand Release Overview - Redbridge Organizations will be faced with the most sweeping and transformative changes in more than a decade. While these changes have been touted by the card brands to alleviate the cost of acceptance in certain sectors, most organizations can expect to see increases in cost along with a myriad of modificat...