Episode 413
Architecting Modern Payment Security
In this episode, Craig Jeffery and Christin Cifaldi of Strategic Treasurer discuss the technology component of modern payment security and the findings from Strategic Treasurer’s latest Payment Security Report. They explore how fraud threats are evolving through AI-enabled attacks, deepfakes, increasingly sophisticated criminal organizations, and efforts to bypass security controls. The conversation examines common gaps in payment security programs, including insufficient training, siloed ownership, incomplete payment flow visibility, and weak verification processes.
The discussion also covers faster payments, real-time settlement, layered security architectures, anomaly detection, multifactor authentication, passkeys, payee validation, banking security services, and the growing importance of treasury acting as the “superintendent of payments.” They conclude with practical recommendations for strengthening payment security through staff training, process mapping, continuous monitoring, and collaboration across treasury, finance, IT, and cybersecurity teams.
Links Mentioned:
Download the Payment Security Report
Register for the Payment Security Report Webinar
Company Websites:
Bottomline
Eftsure
NSKnox
Serrala
Trustmi
VendorInfo
Host:
Brian Weeks, Strategic Treasurer


Speaker:
Christin Cifaldi, Strategic Treasurer


Speaker:
Craig Jeffery, Strategic Treasurer


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Related Resources
Payment Security Report
The inaugural edition of Strategic Treasurer’s Payment Security Report examines the growing role of treasury in protecting organizational payments within an increasingly complex and interconnected environment.
The Role of Penetration Testing in Payment Security
Payment penetration testing involves simulated cyberattacks to uncover vulnerabilities in payment systems. In this episode, Craig Jeffery and Christin Cifaldi discuss different testing methods such as black-box, white-box, and gray-box testing, highlighting their pros and cons.





