The Federal Home Loan Bank of Atlanta has promoted senior vice president and chief financial officer Gary A. Glass to executive vice president. Mr. Glass has been CFO since 1993. He joined the bank in 1976 as a portfolio manager. Before that he was vice president in charge of money market management at Central National Bank of Cleveland.
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The increasing adoption of virtual card payments by accounts payable departments has created an unexpected complication for suppliers: more friction in the processing, posting and reconciliation of payments and receivables.