What is a concentration account? Corporate and bank uses
A concentration account can be a company’s central cash hub or a bank’s internal settlement account, with different purposes and c...
By Rafael Ortiz 1 month agoFintech Correspondent
Rafael Ortiz
Rafael covers payments, banking infrastructure, and the software eating financial services. Former product lead at a payments processor.
Latest from Rafael Ortiz
Instacart Cart Assistant ads planned for second half of 2026
Instacart plans three ad formats for its grocery AI assistant, adding sponsored content to meal planning, deals and product compar...
By Rafael Ortiz 1 month ago
Kroger and Instacart add prescription delivery to grocery orders
Kroger customers can combine groceries with eligible prescriptions in one Instacart delivery, subject to enrollment and local rest...
By Rafael Ortiz 1 month ago
Elastic completes Deductive AI acquisition for incident investigation
Elastic has completed its Deductive AI acquisition, adding AI-led root-cause investigation capabilities to its observability plans...
By Rafael Ortiz 1 month agoCash concentration: how companies combine account balances
Cash concentration centralises corporate liquidity through physical sweeps, notional offsets or virtual-account structures.
By Rafael Ortiz 1 month agoWhat is a treasury management system? Features and uses
A treasury management system links bank and finance data to help companies see cash, manage payments, risks and reporting.
By Rafael Ortiz 1 month agoWalmart contactless payments rollout begins at select US stores on Aug. 24
Walmart will add Tap to Pay at selected US stores and Sam’s Club locations, with chainwide rollout planned by end-2026.
By Rafael Ortiz 1 month agoCorporate cash management: a practical checklist
A practical framework for tracking cash, forecasting needs and handling surplus balances within liquidity and risk limits.
By Rafael Ortiz 1 month agoCash pooling: physical vs. notional pooling
Cash pooling allows related companies to centralise or offset cash balances, potentially reducing net external funding costs while...
By Rafael Ortiz 1 month agoWhat is lockbox banking? Payment processing, costs and controls
A bank lockbox receives, scans and deposits mailed payments, then returns data and images for receivables posting and reconciliati...
By Rafael Ortiz 1 month agoWhat is a zero balance account? How cash transfers work
A zero balance account automatically funds separate business payment accounts from a master account, then returns them to zero.
By Rafael Ortiz 1 month agoHow supply chain finance works: payment timing and trade-offs
Buyer-led supply chain finance lets suppliers take discounted early payment while buyers pay a lender on the agreed due date.
By Rafael Ortiz 1 month ago