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JULY 13, 2016

The findings were detailed in the latest 2016 AFP Liquidity Survey , underwritten by State Street Global Advisors (SSGA). “Bank relationships continue to grow in level of strategic importance for organizations,” said AFP CEO and President Jim Kaitz in a statement. The report was published on Tuesday (July 12).

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AFP Rules Advisors Research 40

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JANUARY 5, 2017

He cited data from the Association of Financial Professionals in its 2016 Payments Fraud Survey , which found that checks were the most common payment rail for payments fraud, with 71 percent of companies surveyed having experienced either actual or attempted check fraud.

Checks 40

Checks B2B AFP Same Day ACH 40

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JANUARY 23, 2017

For these executives, geopolitical risk is a major cause of earnings uncertainty; AFP President and CEO Jim Kaitz said this kind of risk can come “in the form of a surprise election result, new regulations or heightened diplomatic conflict” and noted that it is “a greater threat to organizations than ever before.”

Risk 43

Risk AFP Identity Theft Email Compromise 43

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AUGUST 30, 2018

The demonetization effort traces its genesis to 2016, when Prime Minister Narendra Modi put forth policy that took the largest banknotes in circulation out of the system — 500 rupee and 1,000 rupee bills. The central bank this month said that it had gotten roughly 99.3

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AFP Central Bank Origination Digital Payments 58

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DECEMBER 12, 2017

1 percent | Rise in the number of paper checks since 2013, according to the Association for Financial Professionals (AFP), which released its 2016 Electronic Payments Survey earlier this year.

Same Day ACH 40

Same Day ACH ACH C2B AFP 40

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NOVEMBER 7, 2016

A +7 point increase in the AFP’s Corporate Cash Indicators report means U.S. Still, AFP President and CEO Jim Kaitz said in a statement, the spike in the index implies that corporates are “taking a wait-and-see approach when it comes to cash deployment, likely because of concerns over political uncertainty at home and abroad.”

Small Business 74

Small Business AFP Finance Cash Management 74

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MARCH 24, 2017

In what has become a highly cited statistic from the Association for Financial Professionals (AFP), there was actually 1 percent increase in the use of paper checks for B2B payments between 2013 and 2016. And the way the world of B2B payments works today is very often with paper checks. Businesses love [checks],” he stated.

Checks 40

Checks FinTech AFP B2B 40

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DECEMBER 12, 2017

The Association for Financial Professionals (AFP) released its 2016 Electronic Payments Survey earlier this year and found that use of paper checks in B2B payments actually rose 1 percent compared to 2013 levels. About 44 percent of payments received are in the form of a paper check too, the report noted.

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Accounts Wire Transfer Wire Wires 44

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JUNE 19, 2018

The Association for Financial Professionals (AFP) found in a 2017 report that nearly a quarter of businesses saw their corporate card products – including commercial cards, fleet cards , T&E cards and others – targeted by a fraud attack, either attempted or actualized.

Commercial Card 40

Commercial Card Data Breach Credit Cards B2B 40

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SEPTEMBER 26, 2016

On the eve of the Same Day ACH rollout, the Association of Financial Professionals (AFP) published its 2016 Electronic Payments Survey , released every three years to examine corporate payment trends. The data makes that glaringly clear.

B2B 65

B2B Same Day ACH ACH Commercial Card 65

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MARCH 13, 2017

Yet data from the 2016 Association of Financial Professionals’ Electronic Payments Survey released last September actually found a 1 percent increase in corporates’ use of paper checks compared to two years ago. According to the AFP, 71 percent of businesses have experienced actual or attempted check fraud.

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RDC Checks API Remote Deposit Capture 77

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MARCH 5, 2018

Research from Atradius released in 2016 found that risks down the supply chain are 75 percent higher than they were pre-financial crisis. Business-to-business (B2B) trade, especially when deals occur across borders, expose businesses to all sorts of risks, like non-payment (on the supplier’s side), or non-deliver (on the buyer’s side).

Risk 42

Risk Cross-Border Non-Bank B2B 42

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JANUARY 23, 2018

“Specifically, in certain categories like B2B check payments, the decline is slowing at a much more gradual pace than [in] the past,” he said, citing recent data from the Federal Reserve, whose payments study , released in December 2016, found a slowdown in the reduction of check use in the U.S.

Remote Deposit Capture 43

Remote Deposit Capture Checks Same Day ACH ACH 43

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SEPTEMBER 8, 2016

Citing the 2016 AFP Payments Fraud and Control Survey, SunTrust attributed that figure to the use of non-electronic payments processes. “Ignoring your payments strategy could have a big impact on your bottom line,” said SunTrust’s Michael Maza, head of treasury and payment solutions.

Same Day ACH 40

Same Day ACH ACH Payments AFP 40

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JULY 18, 2016

90% of CFOs rely on their relationships with the bank when seeking advice on short-term investments, found the 2016 AFP Liquidity Survey , underwritten by State Street Global Advisors. Treasurers see maintaining their relationship with the bank as a top priority, especially amid market changes, researchers said.

Small Business 40

Small Business AFP Automation Research 40

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FEBRUARY 8, 2018

A 2016 survey by the Association for Financial Professionals (AFP) reports 62 percent of respondents anticipated faster payments would have a somewhat or extremely positive impact. To achieve its true potential, though, RTP must be adopted by all U.S.

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RTP Real Time Payments TCH Faster Payments 43

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APRIL 14, 2017

Here are the numbers: 75 percent | Percentage of companies experiencing wire fraud in 2016. 74 percent | Percentage of companies that were tricked by 2016 business email compromise (BEC) scams. 51 percent | Decline in the use of physical checks in B2B transactions.

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B2B Business Email Compromise Email Compromise Scams 40

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JUNE 15, 2018

.” While the role of faster and real-time payments remains uncertain in the B2B landscape, most professionals surveyed by the Association for Financial Professionals (AFP) in its 2016 report agreed that faster payments will be a good thing for their firms. “There may be a mistake in the invoice number that was typed in.

B2C 40

B2C B2B Reconciliation Payment APIs and Integration 40

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OCTOBER 18, 2016

Uber is investing globally in UberEATS, and GrubHub’s stock price has increased by almost 65 percent so far in 2016. Domino’s and Kentucky Fried Chicken are replacing the former cuisine that the AFP reported had “cockroaches being found in dishes, and a leaked internal report said food was cooked in ‘dirty, smelly and waterlogged pantry cars.’”

AFP 57

AFP On-Demand B2B Consumer 57

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MARCH 30, 2018

According to Reuters , the fact-checking began on Wednesday in France with the help of news organization AFP. And last October, it was reported that as many as 126 million Americans, accounting for a third of the nation’s population, were exposed to content placed on Facebook by Russian sources during the 2016 elections.

Checks 42

Checks AFP Product Accounts 42

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APRIL 10, 2017

percent increase marked in February 2016. percent) coming from a mobile device as of September 2016. Corporate payments fraud , marking 2016 as the year in which more U.S. corporations were hit with payment fraud than ever before, according to the Association for Financial Professionals (AFP).

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AFP Small Business Email Compromise Federal Reserve 40

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AUGUST 10, 2018

The fact-checking launched in France with the help of news organization AFP. And last October, it was reported that as many as 126 million Americans, accounting for a third of the nation’s population, were exposed to content placed on Facebook by Russian sources during the 2016 elections.

AFP 40

AFP Finance Blocks Checks 40