BIRCHSTREET SYSTEMS
The company focuses on three core areas: helping customers digitise payments and move away from cheques; embedding payments within the application layer that both centralised finance teams and decentralised operators use daily; and reducing fraud risk through digitisation.
The latter, says Phil, remains a key challenge with the industry facing growing fraud rates in areas including cheque washing and cheque fraud. Digital technologies provide an effective way of controlling and managing this risk
Creating a global partner ecosystem Birchstreet relies on close collaboration with strategic technology partners, including payments processors. For example, the company has chosen to embed payments whilst outsourcing the actual payment execution – whether card, cheque or automated clearing house transfers – to specialist partners.
Phil and his team follow a multipartner approach, working to expand the company’ s core partner ecosystem by bringing leading businesses with unique capabilities into the fold – a methodology
118 March 2026