Remove AFP Remove B2B Remove Risk Mitigation
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Unlocking Paper Checks’ Potential With APIs

PYMNTS

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
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Payments Acceleration Shifts The Risks For Buyers And Suppliers

PYMNTS

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). Research from Atradius released in 2016 found that risks down the supply chain are 75 percent higher than they were pre-financial crisis.

Risk 42
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Threats, Risk Coming At Businesses From All Sides

PYMNTS

Businesses face mounting risk thanks to things like geopolitical uncertainties and regulation but are also threatened by something as seemingly arbitrary as group chat platforms. 40% more cyberbreaches impacted U.S. businesses in 2016 than the year prior, found CyberScout.

Risk 43
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CFOs Failing Their Boards In Fraud, Risk Management

PYMNTS

More than a third (36 percent) of survey respondents said fraud monitoring and risk mitigation are the areas in which CFOs are most falling short. “The senior finance executives we surveyed made it clear that they know they need to do a better job of keeping their boards informed about this critical issue.”