PYMNTS

APRIL 13, 2020

. “Payments fraud and business email compromise, in particular, have been thorns in financial professionals’ sides for years, but this recent surge is especially concerning,” said Jim Kaitz , president and CEO of AFP, in a statement. Though the figure is high, it’s a decrease from 80 percent in 2018, the AFP noted.

Business Email Compromise 63

Business Email Compromise Email Compromise Scams Law Enforcement 63

Evolve Payment

FEBRUARY 15, 2024

An industry survey by the Association for Financial Professionals (AFP) found that check usage for business-to-business (B2B) payments declined to an all-time low of 33% in 2022. Over half of all AFP survey respondents considered speed the most important factor when choosing a payment method.

B2B 81

B2B Checks AFP FinTech 81

PYMNTS

OCTOBER 30, 2018

The Association for Financial Professionals’ October 2018 Corporate Cash Indicators report found that U.S. corporates accelerated their cash collection in the third quarter compared to the previous quarter, the AFP said in an announcement on Monday (Oct.

Continuity 49

Continuity AFP Federal Reserve Treasury 49

PYMNTS

MARCH 6, 2018

The Asset reported news on Monday (March 5) that its initial review of chief financial officers (CFOs), part of its ongoing Treasury Review 2018 initiative, found service quality to be the number one recommendation for treasurers and CFOs when choosing a financial services provider with cash management services.

AFP 43

AFP Cash Management Treasury Liquidity Management 43

PYMNTS

AUGUST 30, 2018

That measure extends to March 2018 and covers the preceding 12 months, so might the true tally have swelled even through the last few months? Fortune offered up a summation in the words of Ashutosh Datar, an economist based in India who told AFP that “the report shows that demonetization has failed in its primary objective.”

AFP 58

AFP Central Bank Origination Digital Payments 58

The Paypers

APRIL 11, 2018

(The Paypers) The 2018 AFP Payments Fraud Survey, underwritten by J.P. Morgan has revealed that payments fraud reached a new record in 2017: 78% of organizations were hit by fraud.

AFP 28

AFP Payments 28

PYMNTS

JUNE 14, 2018

In an illustration of just how widespread payments fraud can be, consider the 2018 AFP Payments Fraud Survey , underwritten by JPMorgan, which a few weeks ago found that such activity hit a new high last year.

AFP 41

AFP Accounts Wire Wires 41

PYMNTS

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.

Accounts 44

Accounts Wire Transfer Wire Wires 44

PYMNTS

OCTOBER 18, 2016

The market is forecast to reach 234 billion yuan in 2018 and to serve 346 million. 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

PYMNTS

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. He sees even more growth potential heading into 2018. To achieve its true potential, though, RTP must be adopted by all U.S.

RTP 43

RTP Real Time Payments TCH Faster Payments 43

PYMNTS

JULY 17, 2018

“The optimism generated from corporate tax reform seems to have done little to persuade organizations to spend their cash during the early months of 2018,” AFP President and CEO Jim Kaitz said in a statement at the time.

AFP 40

AFP Disputes Research Automation 40