BillGO

Are you looking for a new opportunity? Come join our team and help us on our mission to give everyone access to a healthy financial future.     Check out our current openings!    👉 Senior Software Engineer (API)  👉Security Engineer III  👉 Software Engineer III  👉 Inside Sales Specialist 

If you run a business, or work in the financial services industry, you might be familiar with #FedNow, the instant payment service developed by the Federal Reserve that launched last year. FedNow aims to increase the speed of cashflow for businesses by giving them the ability to receive real-time payments, but its full impact remains to be seen, as it first requires the participation of their banks.     Fortunately, your business doesn’t have to wait to get faster payments. Learn how working with a payments processing company can get you your payments same-day without any additional cost.  

In our increasingly digital world, paper checks remain a common payment method for many small businesses. However, relying on paper checks isn't just outdated—it's also a risky practice.  In fact, an American Bankers Association report states that check fraud more than doubled between 2021 and 2022 – and businesses with fewer than 100 employees were most likely to be affected.  We dig in to expose the true risk of utilizing paper checks, and the easy alternative that benefits both small businesses and their customers.  

While paper check use has been steadily declining for years, slowly being replaced by various digital payment methods, mail-related check fraud is rising. The American Bankers Association found that check fraud accounts for 60% of all attempted bank account theft – and consumers in their 20’s are most likely to lose money to these scams.  Follow along as we take an in-depth look at the persistent problem of check fraud and the steps consumers and businesses can take to shield themselves.  

Consumers, billers and bankers – oh my!     BillGO is joined by Mercator as we dive into the latest bill pay data, examine today’s bill pay ecosystem, and share steps the financial services industry can take to reconfigure for a new generation of consumers and billers!    Watch the full webinar to learn more. 

We’re excited to announce the arrival of our new Chief Financial Officer, Robert A. Mitchell, CFA!  🎉   Robert brings extensive global experience to BillGO and has a proven track record in financial leadership, having previously held senior positions at top-tier companies across various industries like ZEPZ and Venmo.     We are thrilled to have him on board and look forward to the positive impact he will make on our journey to empower consumers and the financial institutions, fintechs and billers that serve them. Welcome to the team, Robert! 

Are you looking for a new opportunity? Come join our team and help us on our mission to give everyone access to a healthy financial future.     Check out our current openings!    👉 Senior Software Engineer  👉Security Engineer III  👉 Software Engineer III  👉 Inside Sales Specialist 

As financial fraud continues to become more intricate and more commonplace, and risk remains a deterrent for innovation, the inadequacies of “black box” solutions of third-party fraud vendors are coming to light. To effectively detect and mitigate fraud – and protect the FIs, their customers and their shareholders – banks need full transparency into the strategies, tactics and performance of their third-party fraud solutions.      Listen as BillGO’s Matt Raile, SVP of Fraud & Bill Pay Operations, and James Wester, Director of Cryptocurrency and Co-Head of Payments at Javelin Strategy & Research, dive into the importance of choosing the right third-party vendors to mitigate fraud, the red flags FIs should look out for, and why transparency is the linchpin in the battle against financial fraud.   

One our coolest little BillGOans 😎

“One of the No. 1 benefits of BillGO is protecting us against check fraud. We have checks stolen all the time — whitewashed, greenwashed, they are professionally altered. When it comes to the security of BillGO, I don't see any better method. Compared to other vendors, BillGO is by far the easiest — and the most secure. Even if you leave the screen up too long, BillGO closes it and hides the credit card number. It's an additional built-in piece of security.”      See how this Area Supervisor at a national paint retail company uses BillGO Exchange to save time AND prevent check fraud!