Safeguarding Assets: Our Treasury Management Security Measures

September 27, 2024

When you entrust a bank to support your company’s financial transactions and assets, you want to know that your accounts are safe. Treasury Management Services from Texas Gulf Bank are designed to provide secure and streamlined cash management processes using the highest security measures possible.

Learn how our robust Treasury Management security protocols help safeguard your finances, daily financial transactions, and cash flow. Also, discover the tools we use to protect our clients’ assets.

Learn why businesses throughout the Southeast Texas Gulf Coast region confidently choose Texas Gulf Bank for their Treasury Management needs.

Why Choose Treasury Management Services?

Managing daily financial transactions can be a challenge for many business owners. You must manage different payment methods, process and record invoice payments, and maintain positive cash flow. Treasury Management Services streamline these processes by offering safe and efficient methods for all of your financial transaction needs.

Texas Gulf Bank offers several strategic Treasury Management Services for your business needs, including but not limited to:

Accounts Receivable: ACH origination, mobile/remote deposit capture, and lockbox services
Accounts Payable: Direct deposits, wire transfers, bill pay, and electronic tax payments
Online Banking: Account management, bill pay, self-service features
Cash Management: Account Analysis Program (Commercial Checking only) and sweep accounts
Risk Management: Positive Pay and account alerts

Treasury Management Services are unique and beneficial because they offer a secure way to help improve cash flow and enhance stability. These services can help replace manual payment processes to reduce human error, minimize financial losses, and help prevent fraud.

In addition, Treasury Management services can be tailored to your specific industry needs and financial goals. By increasing the efficiency with which your business receives and makes payments, you may be able to improve cash flow, eliminate costly late fees and penalties, and prevent fraud.

With Treasury Management Services from Texas Gulf Bank, your business can benefit from streamlined payment systems, more secure financial data, and improved cash management.

Treasury Management: Security Is Our Top Priority

At Texas Gulf Bank, our Treasury Management Department takes financial and customer security extremely seriously. We utilize a comprehensive and multi-layered Treasury Management approach that integrates advanced technology with personalized service to safeguard all financial assets and transactions.

Since most of our Treasury Management Services are delivered through our digital banking platform, we embed security measures into every process and interaction for a safer financial experience.

Our security measures include requiring authentication tools for account verification, routinely reviewing system and account activity, and building an in-depth customer relationship to ensure we understand and validate specific client needs.

Our Treasury Management department takes several key steps to help ensure the security of each client’s assets. These include:

Robust Authentication: We require multi-factor authentication for all online logins and outgoing payments, reducing the risk of unauthorized access or transactions.
Daily Monitoring: Our internal security teams continuously monitor account activity to detect and flag any unusual transactions. Any suspicious or unusual activity is thoroughly researched, and customer calls are made to verify the validity of account activity.
Positive Pay: We offer Positive Pay services to protect against check fraud by matching submitted checks against those issued by our clients. We also use filters to help ensure that only authorized ACH debit transactions come out of a customer’s account.
Human Element: We combine technology with human oversight, where team members actively engage with clients to verify large or unusual transactions.

With our bank’s Treasury Management Services, you can have peace of mind that your company’s financial processes and transactions are handled with the utmost security and efficiency.

Employing Cutting-Edge Technology to Protect Assets

A key component of our Treasury Management Services is utilizing the latest banking technology to protect customer assets and financial transactions. By using innovative software and strong security requirements, we can help prevent financial errors, payment fraud, and other losses that may be more common with manual financial management.

Texas Gulf Bank uses secure financial software and tools for protecting customer assets, such as:

Fraud Detection Systems: We utilize advanced fraud detection software that leverages machine learning to identify potential threats in real-time. These systems constantly monitor for issues like credential stuffing, invalid logins, and suspicious IP addresses.
Secure File Transfer Protocols: When transmitting sensitive data, we use secure encrypted channels that ensure data integrity and confidentiality for all transactions.
Cybersecurity Solutions: Our systems are protected by next-generation firewalls and antivirus software that guard against external threats.
Our high-security protocols help to ensure the security of your transactions and assets while also working to keep our systems safe from a cybersecurity perspective.

Treasury Management Security: A Proactive, Collaborative Effort

At Texas Gulf Bank, we believe in the strength of collaboration and preventative measures to help our clients achieve their financial goals and maintain account security.

Our Treasury Management team partners with our bank’s technology team and external cybersecurity experts to develop security measures that meet the latest industry standards and regulatory requirements.

A proactive approach is central to our Treasury Management security strategy. We do so in the following ways:

Conduct Audits: Frequent security audits help identify potential vulnerabilities in our systems before they can be exploited.
Regular Updates on Threat Intelligence: We partner with threat intelligence services that provide real-time information on emerging risks, allowing us to adapt our security strategies accordingly to support fraud prevention.
Client Education: We engage in regular communication with clients to provide them with the latest security advice and training to help them recognize various types of fraud and avoid potential threats.

The Treasury Management department at Texas Gulf Bank does far more than just respond to potential threats. We strive to build a culture of security within our client relationships. This includes encouraging a “human touch” in our interactions, where we actively reach out to verify and discuss significant transactions.

This personal approach – combined with cutting-edge banking technology – helps ensure a secure Treasury Management environment that clients can trust.

Texas Gulf Bank: Enjoy Secure Treasury Management Services

For over 110 years, Texas Gulf Bank has supported businesses throughout the Southeast Texas Gulf Coast region with strategic banking services, including Treasury Management Services. We understand the unique needs of business owners and strive to provide exceptional customer service for a better banking experience.

Our high level of Treasury Management security helps protect your business assets and supports the security of your financial transactions, which can help keep your business strong in today’s competitive markets.

If your company is ready to transform financial processes and improve cash management, contact our Treasury Management Services department today. We look forward to helping your business achieve new heights of success and long-term growth.

Treasury Services products are fee-based and subject to approval.