Ray Abbott
Ray Abbott is Senior Vice President, Head of Cash Management at WSFS Bank. He is a Community Banker local to the Greater Delaware Valley with an exemplary record of driving commercial and municipal deposit growth and the related non-interest revenue, profit and client loyalty.
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‘Check is in the Mail:’ How to Improve Business Cash Flow Through Automation
Many consumers and businesses alike have heard the old saying, “the check is in the mail.” And yes, sometimes it’s true…
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How Automation Can Help Protect Your Business
According to a new research study, ninety-six percent of U.S. companies were targeted with at least one fraud attempt in…
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Protecting Your Small Business from Fraud
Fraud remains at all-time highs, particularly in the business world. According to the Association of Finance Professionals’ (AFP) 2023 Payments…
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Proactive Considerations for Mitigating Financial Cyberattacks
Whether it’s a compromised business email, ransomware, accounts payable fraud, mail theft, or an investment scam, we’ve all heard of,…
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When Merchants Are Compromised: How Scammers Are Stealing Your Business’ Account Information
As businesses continue to shift to digital payment systems for in-store and online transactions, fraudsters and financial institutions (FIs) are…
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Protecting Against Payment Fraud During the COVID-19 Pandemic
As the Federal Trade Commission (FTC) reports a dramatic increase in fraud complaints related to COVID-19, now more than ever,…
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How To Keep Your Company and Yourself Safe from Fraud
Whether it’s a compromised email, ransomware, mail theft, or other criminal attempt, fraudulent schemes continue to trend upward and can…
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Top Tools to Improve Cash Flow: Tips for Cash Management
Having solid cash management practices is one of the most essential processes in any company. Without a set of smart…
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Simple Steps Businesses Can Do to Fight Fraud
As financial institutions develop innovative ways to protect the accounts of businesses large and small, so to do criminals work…
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