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AFP ‘Troubled’ Over Corporate Treasurers’ Lack Of FinTech Adoption

PYMNTS

Yet, a new report from the Association for Financial Professionals (AFP) warned of only minuscule adoption of these tools so far, a trend that analysts described as “troubling.” These professionals widely agreed that positive disruption is on the horizon as a result of FinTech. ”

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US Firms Ready To Spend This Quarter: AFP

PYMNTS

The AFP’s latest Corporate Cash Indicators report, published Monday (Jan. According to the AFP, corporates have expressed their plans to deploy cash every January in the seven years since the AFP began its Corporate Cash Indicators report, except for one. The Association for Financial Professionals says U.S.

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

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Tax reform played a key role for several corporate successes in the first quarter of 2018. ” However, the latest analysis from the Association for Financial Professionals (AFP) suggests businesses are reluctant to let go of that cash. The AFP again highlighted these tensions in its Q3 2017 report.

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82 percent of organizations reported payment fraud incidents in 2018

The Paypers

(The Paypers) An AFP research has revealed that a record 82% of organizations reported payment fraud incidents in 2018.

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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. The 2018 report, sponsored by JPMorgan , finds fraudsters are spinning their BEC webs even broader, targeting new channels of business transactions.

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BEC Scammers Embrace Coronavirus Opportunity

PYMNTS

Fraud was all over the headlines this past week, with top stories related to Travelex’s ransomware payment , Luckin Coffee’s internal accounting fraud investigation, and new research anticipating an ongoing surge in payments fraud. Though the figure is high, it’s a decrease from 80 percent in 2018, the AFP noted.

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Treasurers Choose Service Over Regulatory Ties When Picking A Bank

PYMNTS

New research from Asset Benchmark Research suggests ties with regulators and even reputation are not the number one priority for corporate treasurers looking for a cash management provider. The AFP, along with Marsh & McLennan Cos.,

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