Paymerang

JANUARY 23, 2024

According to the 2022 and 2023 AFP Reports, the top hurdles for finance teams were lengthy invoice and approval times, and a large percentage of exceptions, followed closely by late supplier payments and high… Source Feeling like the month-end tasks are always looming over your AP team?

AFP 59

AFP Automation Finance Accounts 59

PYMNTS

JULY 27, 2020

Businesses have responded to the pandemic by tapping into their cash reserves, as around 32 percent of businesses plan to diminish their cash holdings in the next quarter, the Association for Financial Professionals (AFP) announced in a press release. In this case, they seem to be doing so to remain viable.” ”

AFP 56

AFP Economy Treasury Finance 56

PYMNTS

APRIL 10, 2019

While corporates are adopting stronger internal controls to combat the threat of payments fraud, new data from the Association for Financial Professionals (AFP) reveals the number of incidents has continued to climb to new heights. ”

AFP 69

AFP Scams Email Compromise ACH 69

PYMNTS

JANUARY 27, 2020

corporates ramped up their cash accumulation during the fourth quarter of 2019, a sign of a cautious approach to the economy, new research from the Association for Financial Professionals (AFP) said on Monday (Jan. 27), per a report from Yahoo! The Index jumped 22 points to +31 in Q4 compared to Q3 and increased 13 points year over year.

AFP 52

AFP Disputes Treasury Finance 52

PYMNTS

JULY 25, 2018

The problem is getting worse, according to the Association for Financial Professionals’ (AFP) latest Payments Fraud and Control Survey Report. According to the AFP, an attacker will target the payment rail that is most commonly used by the victim to pay suppliers, thus, limiting suspicions.

Scams 55

Scams AFP Business Email Compromise Wire Transfer 55

Payments Source

SEPTEMBER 26, 2016

After several years of a sharp decline in B-to-B check payments, in the last year or so the trend has begun to level off, the latest AFP data suggests.

AFP 90

AFP Checks Payments Acquirers 90

PYMNTS

NOVEMBER 16, 2017

A new report from the Association for Financial Professionals (AFP) found that only about a tenth of surveyed corporate treasurers are prepared for emerging technologies like blockchain and machine learning to disrupt the enterprise. That means RPA can handle simple, repetitive tasks as well as more complex tasks, the AFP explained.

AFP 51

AFP Treasury Blockchain Automation 51

PYMNTS

APRIL 7, 2020

The 2020 Association for Financial Professionals (AFP) Payments Fraud and Control Survey underwritten by JPMorgan found that business email compromise (BEC) was the most noted origin of tried or actual fraud incidents in 2019, according to an announcement.

Business Email Compromise 61

Business Email Compromise Email Compromise AFP Compromise 61

The Finance Weekly

JUNE 15, 2022

The Association for Finance Professionals (AFP) , Compensation Survey was conducted in February, 2022 and is based on data from 1,910 financial professionals compiling data in relation to total compensation earned during the 2021 calendar year. These statistics are not exclusive to the AFP survey.

AFP 52

AFP Finance Continuity Volume 52

Fintech Finance

JUNE 19, 2024

The online study of almost 1400 adults, supported by a grant by the AFP Foundation for Philanthropy, reported that “53% of respondents had made a checkout charity donation in the past year.” FreedomPay believes that these statistics point to a continued and growing interest by consumers to participate in charitable giving with retailers.

Facilitators 81

Facilitators AFP Participant Point-of-Sale (POS) 81

PYMNTS

OCTOBER 31, 2017

Corporate treasurers are building up cash reserves as concerns about the economy grow, according to a new survey conducted by the Association for Financial Professionals (AFP). The AFP’s latest Corporate Cash Indicators index , released Monday (Oct. In response, treasurers are stockpiling company cash.

AFP 40

AFP Treasury Economy Continuity 40

PYMNTS

APRIL 14, 2017

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.

AFP 40

AFP B2B Business Email Compromise Email Compromise 40

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

The Paypers

NOVEMBER 22, 2018

(The Paypers) Business-to-business payment fraud has been increasing, with accounts payable fraud on the rise, according to Association for Financial Professionals (AFP) reports.

AFP 39

AFP Accounts B2B Payments 39

PYMNTS

MAY 23, 2017

New research from the Association for Financial Professionals (AFP) released Monday (May 22) found 80 percent of corporate treasurers agree the role has become more strategic in the last three years. The same amount of survey respondents also said the role of the treasury department will continue to devolve and become even more strategic.

Treasury 40

Treasury AFP Liquidity Management On-Demand 40

PYMNTS

SEPTEMBER 21, 2016

For the 2016 AFP Electronic Payments Survey, released on Tuesday (Sept. “Treasury and finance professionals are indicating their support for Same Day ACH because they see the value that it brings to last-minute payments,” said AFP President and Chief Executive Jim Kaitz in a statement.

Same Day ACH 76

Same Day ACH ACH Checks B2B 76

PYMNTS

OCTOBER 30, 2018

corporates accelerated their cash collection in the third quarter compared to the previous quarter, the AFP said in an announcement on Monday (Oct. “Interest rates are rising, and the Federal Reserve has made it clear they will continue to rise for some time,” said AFP President and CEO Jim Kaitz in a statement.

Continuity 49

Continuity AFP Federal Reserve Treasury 49

CB Insights

FEBRUARY 11, 2016

Harvard University geneticist George Church has written about impending technologies that “extend our brain both biologically and electronically,” while AFP describes the brain as “the next frontier for the tech sector.” The brain is relatively uncharted territory for tech. ” We … Continued.

AFP 53

AFP Continuity Technology 53

Nanonets

JANUARY 25, 2024

As an organization serving the treasury function, the Association for Financial Professionals (AFP) provides certification and training in treasury and corporate financial planning and analysis. That makes knowledge of treasury developments a valuable adjunct to expertise in payables and P2P.

Finance 52

Finance Accounts P2P Treasury 52

The Paypers

APRIL 11, 2019

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

AFP 31

AFP Payments Research 31

PYMNTS

FEBRUARY 9, 2018

According to recent data from the Association for Financial Professionals (AFP), corporates still have a long way to go: Just 1 percent of corporate treasurers surveyed for the AFP MindShift survey , released last November, said they already have a blockchain tool implemented in their systems. Quaranta seemed to agree.

Blockchain 51

Blockchain AFP Distributed Ledger Technology (DLT) Best Practices 51

PYMNTS

JUNE 20, 2016

Reports on Friday (June 17) by the Association for Financial Professionals (AFP) said the Fed recently provided an update on its progress to encourage ISO 20022 adoption. Banks could do all sorts of transactions for you, but they charge you for that and rightly so.”

ISO 20022 40

ISO 20022 ISOs Fed AFP 40

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

APRIL 26, 2016

Nearly half of the companies surveyed by the Association for Financial Professionals (AFP) and Bloomberg aren’t using a treasury management system. Despite the longevity,” AFP said in its announcement, “treasury professionals make efforts to ensure that their organizations use the most recent version of their TMS.”

Treasury Management 40

Treasury Management AFP Treasury Liquidity Risk 40

PYMNTS

MARCH 6, 2018

Separate research released last year by the Association for Financial Professionals (AFP) highlighted corporate treasurers’ and CFOs’ shifting roles within the enterprise. The AFP, along with Marsh & McLennan Cos.,

AFP 43

AFP Cash Management Treasury Liquidity Management 43

PYMNTS

NOVEMBER 8, 2018

Separate analysis from the Association for Financial Professionals (AFP), also released last year, further emphasized the shifting role of treasury, with 80 percent of treasurers surveyed agreeing that the position is playing a more strategic role than it did three years ago — and will continue to do so moving forward.

AFP 46

AFP Treasury Cash Management Treasury Management 46

The Paypers

APRIL 6, 2017

(The Paypers) The 2017 AFP Payments Fraud Survey , underwritten by J.P. Morgan, has revealed that three quarters of corporate treasury and finance professionals said their companies were victims of payments fraud.

AFP 28

AFP Treasury Payments Finance 28

PYMNTS

APRIL 12, 2019

The Association for Financial Professionals ( AFP ) found that although automated clearing house transactions are generally regarded by CFO.com to be relatively “safer” than other types of transactions — say, paper checks — fraud involving ACH is on the rise.

Business Email Compromise 46

Business Email Compromise AFP ACH Email Compromise 46

The Paypers

APRIL 15, 2016

(The Paypers) The Australian Federal Police (AFP) in Melbourne has warned that cybercriminals target payroll systems, invoicing systems, and superannuation brokers.

Payroll 28

Payroll AFP 28

PYMNTS

JULY 2, 2019

According to new research from the Association for Financial Professionals (AFP), private companies are more reliant on banks than other types of businesses, and the bank-corporate relationship is essential for corporate treasurers when deciding where to place company cash.

AFP 50

AFP Small Business Cross-Border FinTech 50

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 Wires Wire 41

PYMNTS

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).

AFP 40

AFP Rules Advisors Research 40

PYMNTS

JANUARY 5, 2017

The research, also published by the AFP for its 2016 Electronic Payments Survey , found a 1 percent increase in the use of paper checks for B2B payments compared to levels seen in 2013. Some financial service providers have reacted to the seeming inability for corporates to let go of paper by giving into demands for check solutions.

Checks 40

Checks B2B AFP Same Day ACH 40

PYMNTS

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

PYMNTS

AUGUST 29, 2017

In their Strategic Role of Treasury Survey , the AFP and Marsh & McLennan identified the forces pressing companies to shift the treasury department into a more strategic position. As corporates and the treasurers themselves examine the issue, a new report from Marsh & McLennan Cos.,

Treasury 46

Treasury AFP Liquidity Management Risk 46

PYMNTS

NOVEMBER 1, 2018

businesses pay their suppliers via check, according to Association for Financial Professionals (AFP) data. Through the combination of Yooz’s invoice management automation platform and SnapCheck’s instant digital check payments, businesses can achieve an entirely paper-free back office.” ” Roughly 50 percent of U.S.

Checks 53

Checks Accounts AFP B2B 53

PYMNTS

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