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Chase, AFP Applaud B2B’s Shrinking Check Use

PYMNTS

PYMNTS research released last October in the “ Bringing Corporate Payments Out of the Dark Ages ” webinar revealed 64 percent of B2B payments are made with checks, despite consumer payments’ acceleration toward electronic tools. The paper check continues to be a prominent — and, in many cases, dominant — payment method in B2B transactions.

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Tax Reform Not Enough To Convince Corporates To Spend, AFP Finds

PYMNTS

Most recently, Verizon , Freddie Mac and Publix all attributed the regulatory initiative to strong first-quarter performance, while TD Bank research published in March also found corporate treasurers to be widely optimistic about the Tax Cuts and Jobs Act introduced last year. The AFP again highlighted these tensions in its Q3 2017 report.

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Business Email Scams Spin Even Wider Webs

PYMNTS

The problem is getting worse, according to the Association for Financial Professionals’ (AFP) latest Payments Fraud and Control Survey Report. While the continued strength of BEC scammers may not come as a surprise, the research finds that the scam no longer only reigns in targets with a request for wire transfer.

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B2B Check Use Rising Despite Approach Of Same Day ACH

PYMNTS

For the 2016 AFP Electronic Payments Survey, released on Tuesday (Sept. 20), researchers found a 1 percent increase in the use of paper checks for B2B payments compared to 2013 levels. But a new report finds that, even as Same Day ACH is fast-approaching, businesses are actually increasing their use of paper checks.

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Breaking Down The Data Behind Record Levels Of B2B Payments Fraud

PYMNTS

The Association for Financial Professionals (AFP) came out with some scary statistics this month: B2B payments fraud is not only on the rise, but at its highest levels ever since the AFP began recording this information. But there are other ways the AFP found businesses are exposed to payments fraud, most notably through the BEC scam.

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Amid Market Changes, Treasurers Lean On Their Banks

PYMNTS

New research finds that nearly all corporate treasurers agree that their relationship with financial institutions is a key factor in determining which bank to work with and where to invest short-term cash. The findings were detailed in the latest 2016 AFP Liquidity Survey , underwritten by State Street Global Advisors (SSGA).

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Threats, Risk Coming At Businesses From All Sides

PYMNTS

New research from the realms of supply chain management, financial services and SMEs uncovers how businesses today are approaching risk mitigation and which threats are instilling the most fear. Increased global competition is also a top concern for these professionals, the research found, with 42 percent citing this specific threat.

Risk 43