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

MARCH 13, 2017

The paper check has a nasty reputation in B2B payments as a cumbersome, manual and risky payment rail. It’s a major issue in B2B payments today. According to the AFP, 71 percent of businesses have experienced actual or attempted check fraud. This is where API technology comes in.

RDC 77

RDC Checks API Remote Deposit Capture 77

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. To his dismay (and to the dismay of businesses across the U.S.), One of the largest culprits: paper checks.

AFP 40

AFP B2B Business Email Compromise Email Compromise 40

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

MARCH 5, 2018

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). The buyer-supplier relationship goes beyond regulatory requirements like Know Your Customer. The supplier would be at risk [of non-payment].”.

Risk 42

Risk Cross-Border Non-Bank B2B 42

PYMNTS

OCTOBER 5, 2020

In this week’s B2B Data Digest, PYMNTS examines some of these numbers, finding that businesses are falling victim to payments fraud, but that tech firms are taking actions to mitigate cyber risks. .

Ransomware 54

Ransomware AFP Breach Payments 54

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