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 105

Facilitators AFP Participant Point-of-Sale (POS) 105

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.” ” We … Continued.

AFP 53

AFP Continuity Technology 53

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

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. The gap between paper and digital payments continues to grow every year, and speed is the key driver behind this.

B2B 81

B2B Checks AFP FinTech 81

PYMNTS

NOVEMBER 7, 2016

A +7 point increase in the AFP’s Corporate Cash Indicators report means U.S. According to the Association for Financial Professionals, whose latest index was released last week, businesses in Q3 piled up their cash reserves and are likely to continue doing so in the fourth quarter, albeit at a slower pace.

Small Business 74

Small Business AFP Finance Cash Management 74

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. The huge increase last year was so big that I didn’t think it would continue this way.

AFP 40

AFP B2B Business Email Compromise Email Compromise 40

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

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

PYMNTS

MARCH 14, 2017

The Association of Financial Professionals’ (AFP) 2017 Risk Survey found that 60 percent of businesses identify maintaining adequate liquidity as their top strategy to reduce geopolitical risks of the global market. For any company, holding onto capital is key to remaining successful on the global stage.

Risk 54

Risk Payment APIs and Integration AFP Payments 54

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

JULY 2, 2019

Amid this trend, the population of challenger, digital-first banks targeting small businesses directly continues to climb, particularly in the U.K., As FinTech firms identify shortcomings in traditional FIs’ services for SMBs, those FIs continue to invest in new technologies and services for their large institutional and corporate clients.

AFP 50

AFP Small Business Cross-Border Treasury 50

PYMNTS

MARCH 13, 2017

According to the AFP, 71 percent of businesses have experienced actual or attempted check fraud. As RDC technology progresses, it will continue to develop in the world of enterprise mobility, the executive said. It’s a major issue in B2B payments today. This is where API technology comes in.

RDC 77

RDC Checks API Remote Deposit Capture 77

PYMNTS

NOVEMBER 1, 2018

In a statement, Yooz North America COO and Chief Innovation Officer Laurent Charpentier said businesses’ continued use of paper checks in B2B payments led the company to seek out a partner that could address friction associated with the payment rail, including high costs and the risk of fraud. ” Roughly 50 percent of U.S.

Checks 53

Checks Accounts AFP B2B 53

PYMNTS

MARCH 6, 2019

“Real growth and lasting economic security comes when people and businesses are free to invest their earnings into their families, communities and job creation,” said Bill Riggs, a spokesman for Americans for Prosperity (AFP). “We We cannot tax and spend our way into prosperity.

Transactions 43

Transactions AFP Returns Continuity 43

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

DECEMBER 31, 2019

Many thousands of SMBs continue to struggle with managing the paper check and postal mail cycle, and it’s not limited to smaller businesses. At the recent AFP 2019 conference, Bottomline Technologies shared its survey of FIs, with findings that integration fears are hindering adoption of real-time payments despite a raft of benefits.

Checks 54

Checks Automation RTP Payment APIs and Integration 54

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. The scheme began in 2015 and continued into last year, and in June of last year she retired.

AFP 41

AFP Accounts Wire Wires 41

PYMNTS

DECEMBER 12, 2017

“Most businesses and accountants still rely on antiquated, paper-based methods to manage some stages of their process,” he said in an emailed interview with PYMNTS, pointing to the continuing popularity of checks and wire. 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

NOVEMBER 25, 2019

Amid the continuing drumbeat for taxes on global commerce done through digital means, the Czech government has approved a new seven percent digital tax on global Internet firms which will, as Reuters reports , be levied on revenues tied to Czech users across advertising, digital marketplaces and data sales.

Digital Currency 52

Digital Currency AFP Money Laundering Laws 52

PYMNTS

JANUARY 1, 2021

“The IRS is ready to deal with direct deposit if you have a regular bank account, and they are ready to deal with paper checks, [but] they are not used to dealing with [more] payment methods on a widespread scale,” said Linda Jun , senior policy counsel for the AFP. “I

Economy 103

Economy Online and Mobile Banking Credit Union Money Laundering 103

PYMNTS

JUNE 19, 2018

“Paying vendors with one-time-use credit cards means numbers are only used once, and then disappear forever,” continued Sadovskiy. ” Word of mouth, continued Sadovskiy, can be a powerful tool in increasing vendor vCard acceptance, and cards’ presence in the B2B payments space overall.

Commercial Card 40

Commercial Card Data Breach Credit Cards B2B 40

PYMNTS

JANUARY 23, 2018

Separate data from the Association for Financial Professionals (AFP) found use of the paper check increased in 2016. This continues the need for checks to persist in the near term until a payment vehicle can provide that level of detail with easy implementation and cost savings.”. The expansion of ACH across the U.S.,

Remote Deposit Capture 43

Remote Deposit Capture Checks Same Day ACH ACH 43

PYMNTS

NOVEMBER 28, 2017

Estimates from the Association for Financial Professionals (AFP) found that more than a third of fraud attacks on the enterprise came from within the organization itself. While most corporations are hesitant to admit it, fraud initiated by a company’s own employees is quite common — and incredibly expensive.

Fraud Prevention 40

Fraud Prevention AFP Procedures Mitigation 40

PYMNTS

MARCH 5, 2018

More recently, the Association for Financial Professionals’ (AFP) 2017 Risk Survey found nearly half of businesses say their exposure to uncertainty is higher than it was three years ago, and 51 percent say forecasting risks will be more difficult three years from now than it is today. It’s going the right way now,” he said. “We

Risk 42

Risk Cross-Border Non-Bank B2B 42

PYMNTS

JUNE 15, 2018

The payment rail and technology options for B2B eCommerce platforms are vast, and continue to grow. ” B2B eCommerce platforms, he continued, “don’t want to only do bank cards, and don’t only want to do bank transfers. They want to combine them.” “But you need to reconcile in real time.”

B2C 40

B2C B2B Reconciliation Payment APIs and Integration 40

PYMNTS

NOVEMBER 9, 2017

Separate research released in April by the Association for Financial Professionals in its 2017 AFP Payments Fraud Survey found that corporate payments fraud is now higher than ever, with analysts citing a “dramatic” increase in fraud compared to levels seen in 2015. ” Their concerns aren’t baseless, either.

Risk Management 43

Risk Management Risk Treasury AFP 43

PYMNTS

JANUARY 5, 2017

Yet every year, new evidence emerges that paper checks continue to dominate the supplier payment space. Organizations are realizing that the best way to combat this relentless crime wave is to move to electronic payments,” Vigue continued. The latest to do so is Blair Jeffery, chief operating officer at digital payments firm Noventis.

Checks 40

Checks B2B AFP Same Day ACH 40

PYMNTS

MARCH 24, 2017

In what has become a highly cited statistic from the Association for Financial Professionals (AFP), there was actually 1 percent increase in the use of paper checks for B2B payments between 2013 and 2016. And the way the world of B2B payments works today is very often with paper checks. They are going to go away eventually.”.

Checks 40

Checks FinTech AFP B2B 40

PYMNTS

APRIL 10, 2017

corporations were hit with payment fraud than ever before, according to the Association for Financial Professionals (AFP). The AFP’s newest report found 75 percent of companies fell victim to payments fraud in 2016, up from 71 percent in 2015. Corporate payments fraud , marking 2016 as the year in which more U.S.

AFP 40

AFP Small Business Email Compromise Federal Reserve 40

PYMNTS

MAY 4, 2018

We’re flattered that Facebook is coming into our space — and sees the global opportunities that we do — as Tinder continues to skyrocket. Speaking of time, Facebook’s timing here feels a bit … off, as Mandy Ginsberg, Match Group’s CEO, pointed out in a statement.

Privacy 46

Privacy Visa Consumer Consulting 46