Security and Fraud Prevention

Security and Fraud Prevention - Banking on Business

Episode 8

Security and anti-fraud measures are some of the most important aspects of running a business. Not only do they protect your investments and help you to avoid costly mistakes, but they can also save you a lot of time in the long run. Grace Bruins is joined by security expert Jason Scherer. Jason shares his top tips for protecting your business from fraud, as well as some time-saving hacks that will help you to run your business more efficiently. Whether you’re just starting out or you’ve been in business for years, this episode is packed with valuable information that will help you to keep your business safe and running smoothly.

Jason Scherer is the VP of Treasury and Commercial Payment Solutions at Horicon Bank. Jason ensured that growth-oriented companies across a variety of industries, including Manufacturing, Healthcare, Professional Services, Non-Profit access sophisticated Treasury and Payment Solutions to meet their diverse needs, from the dispersion and collection of funds to provision of security and investments.

Highlights

04:01 – I help organizations and businesses manage their cash, money in, money out and I protect them from the bad guys, from people trying to defraud organizations.

08:33 – The only other big hurdle that I get is when it’s the owner who is doing the task.

11:39 – We have a few different layers of security we can put in. Online banking is something most people have personally, businesses have it as well.

16:43 – If something does not feel right and you have someone at your bank that you can call that’s the comfort.

20:52 – I would tell a business owner, make sure that you try to get another perspective, try to ask questions and if you are talking to an employee or a vendor or a customer, ask their opinion on how they think something should be because the way they normally do it may not be the right choice.

The Banking on Business podcast is aimed at helping entrepreneurs grow their businesses with practical strategies they can start using today. Hosted by Grace Bruins, Marketing Officer at Horicon Bank, each episode features an expert guest and explores ways to innovate the way you do business.

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