Faster Payments Council

DECEMBER 8, 2020

Cross-border payments are vital to the overall global payments infrastructure. But while new initiatives and payments technology innovations have emerged in recent years to move cross-border payments forward, multiple obstacles remain in place and new ones are quickly becoming more apparent.

Cross-Border Payments 88

Cross-Border Payments AFP Cross-Border Payments 88

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SEPTEMBER 12, 2019

The AFP’s report was released the same week a range of new electronic B2B payment tools were announced, the latest in a deluge of digital payment solutions emerging in recent years. 11), Mastercard announced a collaboration with blockchain company R3 to create a blockchain-based tool for cross-border B2B payments.

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AFP Checks ISO 20022 Cross-Border 51

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JUNE 20, 2016

The Federal Reserve is pushing for adoption of the ISO 20022 global payments messaging standard, a move industry analysts say could streamline B2B payments, especially cross-border. Banks could do all sorts of transactions for you, but they charge you for that and rightly so.”

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ISO 20022 ISOs Fed AFP 40

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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

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APRIL 26, 2016

Between omnichannel procurement, multi-rail payment tools and cross-border trade, treasury management systems (TMS) seem like an obvious necessity for modern conglomerates. Nearly half of the companies surveyed by the Association for Financial Professionals (AFP) and Bloomberg aren’t using a treasury management system. .”

Treasury Management 40

Treasury Management AFP Treasury Liquidity Risk 40

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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 Treasury 50

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DECEMBER 31, 2019

That friction sends uncertainty rippling down supply chains, even as companies strive to solidify relationships and gain trust with unfamiliar cross-border trading partners beckoning with new markets. Close to one-quarter of AP pros surveyed also want to bring ePayables and virtual cards online for treasury operations.

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Checks Automation RTP Real Time Payments 54