Session 04

X - Executive, A - Advanced, I - Intermediate, B – Basic, G - GTOT Credit
CTP Preparatory Sessions are not available for CTP or FPAC credit.
*Presentation downloads are only available in the App, due to image copyright.

The Way We Pay: 2026 & Beyond (I)

Matt Davies, EVP & Director of Treasury Management - Pegasus Bank

Monday, April 13th
4:00pm - 5:00pm
San Saba 2

Session Description

The evolution of the payments system continues. This presentation will provide attendees with an overview of recent and upcoming developments in the world of payments. The legacy ACH network remains “tried and true.” Fedwire® has migrated to ISO® 20022. The Clearing House’s Real Time Payments (RTP®) network continues to grow, helped, at least in part, by the growth of the FedNow (SM) instant payments service since its launch in 2023. Attendees will learn more about the current standing and future plans of these various networks, as well as recent developments in credit and debit card and mobile payments, as well as fraud and security.

Session Outcomes

Participants will learn about recent and upcoming developments in the world of payments, including:

continued evolution of the legacy and “faster” payments, including ACH, wire transfer, Zelle, RTP and the FedNow service; and
advancements in credit and debit card and mobile payments; and fraud and security.

Learning Objectives

Participants will learn about recent and upcoming developments in the world of payments, including:

continued evolution of the legacy and “faster” payments, including ACH, wire transfer, Zelle, RTP and the FedNow service; and
advancements in credit and debit card and mobile payments; and fraud and security.

Speaker Information

Matt Davies, CTP, AAP, APRP, NCP, is EVP & Director of Treasury Management at Pegasus Bank in Dallas. He has more than 25 years of banking and payments experience. Prior to joining Pegasus in 2020, he spent a combined 19 years at the Federal Reserve Banks of Dallas and Kansas City. In addition to his experience with the Federal Reserve System, Matt also previously served as ACH & Wire Product Manager for Commerce Bank, Kansas City; Product Manager at Chase Paymentech; and SVP & Public Sector Market Manager for Citi. He is a past president and current board member of the Dallas Association for Financial Professionals (DAFP), and serves on the board of directors for the Leadership Division of the Independent Bankers Association of Texas (IBAT). A native of St. Louis, Missouri, Matt graduated from William Jewell College in Liberty, Missouri, with a B.A. in Political Science and History in 1997, and from the Graduate School of Banking at the University of Wisconsin, Madison, in 2013.

Wall Street Meets Hollywood: Lessons from the Movies for Corporate America (I)

Robin Johnson, Founder/Owner - Robin Learning Systems

Monday, April 13th
4:00pm - 5:00pm
San Saba 3

Session Description

Given the severe global disruption caused by the Covid pandemic, and now the geopolitical turmoil rocking the world during the last few years, the “human side of business” has become more important than ever. Even in the expanding world of artificial intelligence, executives and managers are realizing that “humans” have a profound impact on the bottom line. They are discovering that what were once considered “soft skills” are actually “power skills” and can save or sink an organization.

What can the likes of Scrooge, George Bailey, Norman Dale, Neo, and others teach Corporate America? Do the lessons of Hollywood carry weight on Wall Street, as well as Main Street?

“Wall Street Meets Hollywood: Lessons from the Movies for Corporate America” is a powerful, thought-provoking, and energetic Keynote designed for finance, treasury, and accounting managers and executives. The lessons contained in the movies – some stories almost two hundred years old – find application in board rooms and lunch rooms, from the janitor to the CEO. The more these lessons are learned and applied, the greater the organizational resilience for meeting the foreseen and unforeseen challenges that lay ahead.

Session Outcomes

Keynotes should do more than just inspire. They should give attendees actual evidence-based skills – and the science-backed principles behind those skills – to put that inspiration to work once they leave the conference.

This Keynote will enable attendees to create workplaces where people want to stay instead of wanting to leave – workplaces that are Humane, Ethical, and Resilient. They will be able to draw corollaries between the “silver screen” and the scenes that confront them on a daily basis in the office and with remote workers. Creating a sense of belonging, generating authentic collaborations, and discovering a sense of meaning behind their work are potential outcomes that are generated by this highly interactive Keynote.

Learning Objectives

Attendees will be inspired to create workplaces where people “want to stay, instead of wanting to leave”
Attendees will understand some of the core components that make up a “desirable” workplace
Attendees will develop specific skills and strategies they can use immediately after the conference for creating an employee-considered workplace.

Speaker Information

Robin Johnson is an international bestselling author, Keynote speaker, wellbeing advisor, fraud prevention expert, and a Suzuki violin teacher! Robin has taught organizational wellbeing and leadership skills for professional organizations such as the Association for Financial Professionals, New York Cash Exchange, Texas Treasury Management Association, the American Land Title Association, the Western Textiles Services Association, and the Institute of Internal Auditors. She helps create workplaces where people want to stay, instead of wanting to leave – organizations that are Humane, Ethical, and Resilient. Robin also works with SAFEChecks and is the primary Editor of Frank Abagnale's The Fraud Bulletin, which is used by the FBI, the Federal Reserve, and hundreds of organizations throughout the country. She has an MBA with an emphasis on Organizational Behavior from Brigham Young University, and a Master of Applied Positive Psychology (MAPP) degree from the University of Pennsylvania.

The Great Swipe Debate: Who Really Wins? (Practitioner Only) (A)

Casey Creel, Senior Vice President, Card Sales Officer - PNC Bank
Frank Woodley, Senior Director, Payroll and Assistant Treasurer - Arcosa, Inc.
Roger McNamara, Director, Strategic Merchant Services - Visa

Monday, April 13th
4:00pm - 5:00pm
Escondido 1

Session Description

Practitioner Only Session – Sponsored by PNC BANK

Credit card acceptance in B2B transactions is more than a payment choice—it’s a strategic decision with implications for cost, compliance, and cash flow. This session tackles the great swipe debate, examining both supplier and buyer perspectives to uncover who truly benefits and how to create mutual value.

Key Topics We’ll Cover:

Rise of Virtual Cards: key trends in virtual card usage, projected market growth and primary factors driving their adoption
Interchange Changes (CEDP): What’s new and how it impacts cost structures.
Surcharging Strategies: Understanding rules and regulations and the impact on supplier compliance, cost recovery, and customer relationships.
Supplier Acceptance Value: How payment terms and working capital strategies can be leveraged to create mutual benefit and strengthen supplier-buyer relationships.
Working Capital Optimization: Using card programs to unlock liquidity. Here from PNC Client, Frank Woodley of Arcosa on techniques his company has utilized to maximize working capital and increase B2B virtual card spend 49% in the last year.

Participants will leave with a clear understanding of how credit card acceptance impacts both sides of the B2B transaction—suppliers and buyers—and actionable strategies to optimize cost, compliance, and cash flow while maintaining strong business relationships.

Understanding Interchange Changes (CEDP)
Navigate Surcharging Rules
Optimize Payment Terms
Leverage Working Capital Tools

Speaker Information

Casey Creel joined PNC in June of 2022 bringing 15 years of commercial card experience and over 22 years of financial services consulting. During his time with card providers, he has served in roles of Analyst, Account Manager as well as a Commercial Card Consultant. In an additional role as a Payables Consultant, Casey provided solutions to clients regarding their invoice and payment automation goals. Previously, Casey helped build and launch the Commercial Card program from the ground up for a regional Texas bank and spent the first fifteen years of his career at a large National bank, eight of which supported the bank’s commercial card initiatives. Casey is an Accredited Procure-to-Pay (APPSC) Solution Consultant, Accredited Procure-to-Pay Manager (APPM) and a Certified Purchasing Card Professional (CPCP). He holds a Bachelor of Business Administration degree from Texas A&M University with a focus in Information & Operations Management and is based in Houston, TX.

Frank Woodley currently serves as Senior Director, Payroll and Treasurer at Arcosa, Inc. and previously has held Director of Treasury and Treasury Manager at Arcosa, Imagine Communications and Trinity Industries. Frank earned a Bachelor of Science in Business Administration from UT Dallas and holds his CTP certification. Frank has been recognized as the winner of the Adam Smith Award for Best Cash Flow Forecasting from Treasury Today Group.

Roger McNamara is a 30-year veteran of the Payments Industry and currently serves as Director of B2B Acceptance at Visa Inc. Previously, he was Director of Business Development for B2B at American Express. Roger has led major acquisition efforts for card acceptance across industries worldwide, including Airlines, Communications, Technology, Cruise Lines, Entertainment, Freight, Government, Healthcare, Insurance, Oil & Gas, Restaurants, Retail, Supermarkets, Travel, Vehicle Sales, and Wholesale. Over his career, he has sold more than $500 billion in card processing and is an expert in Bankcard Interchange and Discount Rates—how they are calculated and what merchants pay to accept credit. Before joining Visa, Roger founded a Sales Training and Payments Consulting firm, helping businesses understand payment acceptance, true costs, and strategies to reduce expenses. He simplifies complex concepts, enabling organizations to optimize payment practices. Roger has developed multiple sales training modules focused on prospecting, gaining access, emotional intelligence, and closing techniques. His specialty is B2B sales training for payment salesforces, though he works broadly to improve tonality and language skills for sales teams. He earned a Marketing Administration degree from Dublin Institute of Technology and completed leadership studies at Harvard Business School. Earlier in his career, Roger held sales roles at Shell Oil and ADP. Roger resides in South Florida and is a licensed Pilot and avid Ice Hockey fan.

Leading with Liquidity: Executive Strategies for Centralized Cash Management

Agile Treasury: Leveraging Virtual Accounts to Support Acquisitive Growth (I)

David Shirzad, Vice President, Transaction Banking Coverage - Goldman Sachs

Monday, April 13th
4:00pm - 5:00pm
Escondido 3

Session Description

Multinational corporations, particularly those who are acquisitive, grapple with increasingly complex treasury operations, often burdened by the demands of physical bank accounts. Virtual accounts are revolutionizing cash management by enabling detailed tracking and automated reconciliation of transactions under only one physical account. This streamlined approach reduces operational complexity, enhances transparency, and minimizes the administrative burden associated. For growing organizations, virtual accounts help support M&A integration, allowing for rapid consolidation of activity across entities without sacrificing granular visibility.

The session will demonstrate how this rationalized structure helps drive substantial cost savings, operational efficiencies, and mitigates compliance risks, positioning treasury as a strategic enabler for sustainable growth. This panel will explore how strategic account structure rationalization empowers companies to maintain agility and seamlessly integrate new entities. Attendees will gain practical insights into leveraging virtual account solutions to optimize liquidity management, accelerate post-acquisition integration, and enhance overall financial control.

Session Outcomes

This session will provide participants with a comprehensive understanding of how virtual accounts are transforming treasury operations for multinational and acquisitive corporates. Attendees will learn how virtual accounts can streamline operations by reducing the reliance on numerous physical bank accounts, simplifying cash management, reconciliation, and reporting processes. How to leverage virtual accounts for real-time cash visibility across entities, currencies, and regions, enabling better liquidity management, more accurate forecasting, and informed decision-making. Explore and understand how a rationalized account structure mitigates compliance risks, improves fraud detection, and provides greater control over financial flows, positioning treasury as a strategic enabler for sustainable growth.

Learning Objectives

Participants will learn:

The benefits of streamlining treasury operations leveraging virtual accounts as well as the expected operational efficiency and cost savings.
Strategies to optimize their liquidity through virtual accounts by enabling real-time insights for better forecasting and informed decision-making.
How virtual accounts can help acquisitive organizations by consolidating financial activities while maintaining granular visibility and enhancing overall financial control and risk management.

Speaker Information

David Shirzad is a Vice President at Goldman Sachs, leading Transaction Banking’s coverage of Consumer Retail companies in the United States. David has experience covering clients across a broad range of sectors, including TMT (Technology Media Telecom), Financial Technology, and Financial Sponsors. David joined Goldman Sachs in 2018 as an Analyst in the Corporate Treasury division in New York, and moved to Dallas in 2023. David earned a BBA in Finance from Southern Methodist University.

AI in Action: Explore New Approaches to Risk, Diversification & Decision-Making (I)

Catherine Berman, CEO - CNote
Tanya Gordon, Global Banking Services Manager - ExxonMobil
Jason Price, Senior Manager - Investments - AMD
Amber Porter, Sr VC Associate at AmFam Institute - American Family Insurance

Monday, April 13th
4:00pm - 5:00pm
Davis 1

Session Description

Balancing liquidity, yield, and risk in a volatile economy is increasingly complex, but technology is changing the equation. In this session, treasury leaders from Block, Riot Games, and CNote, moderated by Ari Levy from CNBC, explore how AI and automation are transforming cash management and financial decision-making. The discussion will highlight how AI and AI partnerships can strengthen performance, improve visibility, and support stronger risk evaluation and diversification strategies to align treasury strategy with broader business and community goals.

Session Outcomes

Participants will learn how AI and automation are reshaping cash, liquidity, and risk management in today’s volatile environment. Attendees will gain practical insights from Block, Riot Games, and CNote on using AI to improve visibility, enhance yields, and reduce risk. They will understand how to evaluate in-house AI development versus AI partnerships and determine the best fit for their organization. Finally, participants will explore how technology-driven treasury strategies can strengthen diversification and support both financial and broader business or community goals.

Learning Objectives

Understand how AI and automation are modernizing cash and liquidity management.
Learn how leading companies are applying AI to improve yields and decrease risk amidst economic uncertainty
Explore in-house AI vs AI partnerships and key decision-making criteria and best practices
Identify ways technology-driven treasury strategies can align financial and social objectives while strengthening risk assessment and diversification efforts.

Speaker Information

Cat Berman is the CEO of CNote, an award-winning FinTech platform delivering competitive returns and liquidity through a trusted network of community banks and credit unions. She has been named a Worthy 100 Entrepreneur, one of SF Business Times’ Most Influential Women, and an Entrepreneur Magazine Top 100 Woman of Influence, with her expertise featured at Google, Stanford, Oxford, Forbes, and The Economist.

Unlocking Working Capital: A Practical Guide to AR Securitization & AR Monetization (I)

Eric M. Williams, Managing Director and Head of Trade Receivable Solutions, Securitized Products Group - MUFG
Nirmalya Mitra, Managing Director, Origination, Working Capital & Trade Finance - MUFG
Egal Sanchez, Vice President, Trade Receivable Solutions, Securitized Products Group - MUFG

Monday, April 13th
4:00pm - 5:00pm
Davis 2

Session Description

CFOs & Treasurers face pressure to optimize working capital, diversify funding sources, and enhance liquidity access. Two tools, Accounts Receivable Securitization & AR Monetization (AR Purchasing) are evaluated independently though both rely on the same underlying asset and can be complementary when applied thoughtfully. The session brings perspectives on how AR securitization programs are structured as private, committed credit facilities, what drives economics, and how receivables characteristics (e.g., diversification, payment performance, dilution, & customer credit quality) impact availability & pricing. On the monetization side, learn how companies use dynamic discounting and AR purchase programs to accelerate cash conversion, reduce DSO, and strategically manage supplier & customer relationships. We will compare operational, data & reporting requirements, how to leverage receivables to improve WC efficiency, reduce weighted average cost of debt, & support corporate objectives. We will highlight considerations, e.g., refinance higher cost debt, funding growth, reduce revolver reliance, or create incremental intraday liquidity. Attendees will determine whether securitization, monetization, or a hybrid approach works best.

Session Outcomes

By the end of this session, participants will:

Gain a clear understanding of what AR securitization is, how it is structured, and how it differs from AR monetization programs such as AR purchasing.
Be able to evaluate when each solution is most appropriate by assessing factors such as receivables diversification, customer credit quality, payment behavior, systems/data readiness, and treasury objectives.
Understand the high-level benefits each approach can provide, including improved working capital efficiency, potential reductions to weighted average cost of debt, enhanced liquidity visibility, reduced reliance on traditional credit lines, and better alignment of funding with the performance of receivables asset.

These outcomes will equip attendees with a practical framework that can bring back to their organizations to determine whether securitization, monetization, or a blended strategy best supports their liquidity and operational goals.

Learning Objectives

Learn how AR securitization programs and AR monetization solutions are structured, funded, and managed.
Identify the indicators that determine whether AR is eligible for funding, sale, or discounting.
Gain a framework for assessing how AR programs can lower cost of funds, improve working capital, and reduce dependence on traditional credit lines.

Speaker Information

Eric Williams is the Head of MUFG's Securitized Products Group Trade Receivable Solutions team, responsible for originating, structuring, and syndicating receivable financings across MUFG's banking and sponsor clients. Eric joined MUFG in 2008 and has been working in securitization for more than 20 years with experience in every major asset class. Prior to MUFG, Eric worked for Citigroup where he headed the financial institutions team within their Global Securitized Markets Group, where he proposed and led the effort to use securitized transactions in leverage credits and sponsor LBOs. Prior to Citi, Eric held positions within Household International's Corporate Finance Group, GE Capital's Acquisition Finance Group, and began his career as an FMP at GE Aircraft Engines. Eric holds a Bachelor of Science from Purdue University and an MBA from Northwestern University's Kellogg Graduate School of Management.

Nirmalya Mitra is a Managing Director at MUFG where he is responsible for originating working capital solutions for clients. He is a dynamic and visionary senior banking executive with over 24 years' experience in Corporate & Investment Banking, with a proven track record in driving strategic initiatives that optimize transactional efficiency, developing and implementing innovative cash management, and financing strategies that meet the evolving needs of corporate clients. Prior to MUFG, Nirmalya held increasingly senior roles at Citi, HSBC, and JPMorgan Chase. He holds an MBA in Finance from Boston University.

Egal Sanchez is a Vice President on MUFG's Securitized Products Group Trade Receivable Solutions team, supporting origination, structuring, and syndicating receivable financings across MUFG's banking and sponsor clients. He joined MUFG in 2020 with over seven years' experience in securitization, working across Oil & Gas, Technology, and Industrials industries. Prior to MUFG, Egal was with Finacity Corporation, where he was a senior analyst on their Deal Structuring, Management, and Execution team where he structured receivables securitizations on behalf of corporations. Egal holds a Bachelor of Science from Binghamton University and is a current MBA candidate at Columbia Business School.

2026 ACH Rules: What’s Changing and How to Prepare (A)

Craig Jeffery, Founder and Managing Partner - Strategic Treasurer

Monday, April 13th
4:00pm - 5:00pm
Texoma 1

Session Description

The ACH network is entering a new phase of modernization in 2026, introducing rule updates that will directly affect corporate payment workflows, compliance programs, and risk practices. This session provides a practical and treasury-focused review of all 2026 Nacha ACH rule changes, including modifications to payment formats, participant obligations, enforcement mechanisms, and risk-management expectations. Attendees will learn how new requirements impact origination and receipt processes, data security, exception handling, timing, and bank-partner coordination.

Session Outcomes

By the end of this session, participants will understand how the 2026 Nacha ACH rule changes will impact corporate payment operations, compliance obligations, and banking relationships. Attendees will gain clarity on requirements related to payment-format updates, strengthened risk-management expectations, and revised responsibilities for Originators, ODFIs, and RDFIs. The session will help treasury teams identify which workflows, such as origination, receipt, file transmission, data validation, exception processing, and timing windows, must be reviewed or updated to maintain compliance and minimize operational disruption.

Learning Objectives

After this session, participants will be able to:
• Identify the key 2026 Nacha ACH rule changes and explain how they affect corporate payment processes and compliance requirements.
• Evaluate the operational, technical, and risk-management impacts on origination, receipt, data handling, and exception workflows.
• Develop an internal readiness plan, including policy updates, control enhancements, system testing, and bank-partner coordination.

Speaker Information

Craig Jeffery is the managing partner and founder of Strategic Treasurer. He has over thirty years of finance and treasury experience as a practitioner and consultant. Immediately prior to Strategic Treasurer, he was Senior Vice President and Practice Leader for Wachovia Treasury & Financial Consulting. He is also a certified Cash Manager and a Fellow of the Life Management Institute with distinction. He holds a BS in Accounting and is a long-time instructor at the UNC Treasury Management Program.

CTP – Session 4 – Mastering CTP (ETM8) Material (B)

Dubos Masson, Ph.D, CTP, CertICM, President, The Treasury Academy
Raymond Vines, CTP - Part Time Treasurer, Treasury Consultant, Trainer - Turningpoint Communications

Monday, April 13th
4:00pm - 5:00pm
Davis 3

Session Description

CTP Math Session 1 – Review of Basic Calculations

Speaker Information

D.J. Masson, Ph.D., is President of The Treasury Academy, a training and consulting firm specializing in treasury management, international finance, business forecasting, and risk management. Over the past 25 years, D.J. has provided business and financial consulting and training services to a wide variety of corporations, financial institutions, and not-for-profit organizations in the U.S., Canada, and abroad. He is currently an Associate Clinical Professor of Finance at Indiana University’s Kelly School of Business and is a trainer and curriculum developer for programs with Association for Financial Professionals (AFP), GT News and Association of Corporate Treasurers (ACT) in the U.K, and Citibank’s Global Transactions Services unit. D.J. has extensive experience in developing curriculum for a wide range of teaching and training environments, both residential and on-line. He has developed classes and taught at all levels of higher education: undergraduate, MBA, Executive MBA, and in-house, custom-designed courses. D.J. has worked with professional associations to develop workshop, training materials, and certification programs in the areas of Treasury Management, Credit Management, Global Cash Management, Financial Forecasting, Commercial Banking, and Risk Management. D. J.’s educational background includes a B.A. in Business from the University of New Orleans and an MBA and Ph.D. in Finance from Indiana University. D.J. earned his Certified Cash Manager (CCM/CTP) credential in 1988. D.J. also earned the Cert ICM, an international cash management certification, from the Association of Corporate Treasurers (ACT) in the UK in 1999.

Ray Vines brings 30 years of corporate treasury experience (and honesty) to bear for Turningpoint Communications’ treasury management sales trainees, customers, customers’ clients and other key constituents as the “voice of the client” for programs, documentation and high-touch client experiences. Ray is also an instructor for the Association for Financial Professionals’ (AFP) Certified Treasury Professional (CTP), Treasury Learning System instructor-led courses, educating hundreds of prospective CTP candidates each spring and fall for Rice University and the University of Texas. Formerly, Ray served as Director of Treasury for Dean Foods in Dallas for seven years, where he was responsible for leading treasury operations and his team, managing internal and external relationships and continuous process improvement. Prior to Dean Foods, Ray spent 20 years at RadioShack as Director of Treasury Operations. Ray is an active participant in enhancing the role of treasury management as an industry and career through his participation on industry roundtables and his leadership of the Dallas AFP, including his role as past president of the . Ray co-chaired the award-winning TEXPO conference in Dallas in 2018, leading all technological, marketing and communications aspects of the conference and is a key member of the content team for #DallasTEXPO2023. Ray holds a B.S. in Finance and MS in Accounting from the University of Texas and is a Certified Treasury Professional (CTP). Ray is also a WSET Level 3 Advanced (Wine & Spirits Education Trust) Wine and Spirits Certified instructor, and customizes courses in wine/spirits etiquette for financial audiences and executives.

Next Session » Session 5