PYMNTS

JANUARY 29, 2019

The AFP’s latest Corporate Cash Indicators report, published Monday (Jan. 28), said corporate treasurers and finance executives are planning to deploy cash “ in the form of capital expenditure, share buybacks, dividends and debt payments, ” a trend in line with historical data.

AFP 46

AFP Shutdown Disputes Governance 46

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

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

MAY 3, 2018

” However, the latest analysis from the Association for Financial Professionals (AFP) suggests businesses are reluctant to let go of that cash. The AFP’s newest Corporate Cash Indicators report , released this week, found trade dispute concerns to be among the largest factors hampering U.S.

AFP 40

AFP Treasury Treasury Management Disputes 40

Finextra

OCTOBER 23, 2024

Can a smaller FX and global payments provider compete against the large and regional banks when it comes to buying and sending foreign currency payments to suppliers overseas? Absolutely,” said Monex USA CEO John Doyle.

AFP 64

AFP Global Payments Payments 64

Evolve Payment

FEBRUARY 15, 2024

Table of Contents Accelerating Accounts Receivable With B2B Payments Technology The days of cumbersome paper checks and out-of-PCI compliance snail-mail invoices are fading into the rearview mirror. 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

SEPTEMBER 21, 2016

Same Day ACH is ready for its debut at the end of the week, and for some, its launch signals the next step for the payments industry to become faster and more digital. In B2B payments, those characteristics could have a significant impact on supplier payments and other B2B payment habits.

Same Day ACH 76

Same Day ACH ACH Checks B2B 76

PYMNTS

JULY 25, 2018

The problem is getting worse, according to the Association for Financial Professionals’ (AFP) latest Payments Fraud and Control Survey Report. More than three quarters of companies became targets of payments fraud last year, yet another all-time high. ” Payroll is another popular target for fraudsters.

Scams 55

Scams Business Email Compromise AFP Wire Transfer 55

Finextra

OCTOBER 25, 2024

Finextra sat down with Chris Ward, EVP enterprise payments for Truist Bank, to talk about what he sees coming in the future of payments.

AFP 52

AFP Payments 52

The Paypers

FEBRUARY 1, 2022

The Association for Financial Professionals (AFP) has conducted a survey on US-based professionals regarding their payments processes and revealed that 92% of organisations still use paper checks.

AFP 28

AFP Checks Payments Process 28

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. ACH payment methods also seem to be of greater interest to scammers.

Business Email Compromise 61

Business Email Compromise Email Compromise AFP Compromise 61

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

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 One of the top challenges for accounts payable teams stem from maintaining outdated, manual-based processes.

AFP 59

AFP Automation Finance Accounts 59

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 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. much of the data offers a pessimistic outlook on how companies are at risk for payments fraud. “We

AFP 40

AFP B2B Business Email Compromise Email Compromise 40

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

APRIL 13, 2020

Fraud was all over the headlines this past week, with top stories related to Travelex’s ransomware payment , Luckin Coffee’s internal accounting fraud investigation, and new research anticipating an ongoing surge in payments fraud. 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

PYMNTS

MARCH 14, 2017

Stepping onto the international market means exposure to new types of risk, including the risk of non-payment from a foreign, unfamiliar corporate client. Anytime a business engages in a transaction with another business, where cash is not required up front as the form of payment, it runs the risk that it might not be paid,” warned Daly.

Risk 54

Risk Payment APIs and Integration AFP Payments 54

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

SEPTEMBER 26, 2016

From sourcing to invoicing, B2B transactions involve a lot of steps before the actual payment. Using FIS-run PayNetExchange to process ACH, checks and virtual cards and using Comdata to issue Mastercard commercial cards, Corcentric pulls in payment capabilities across a range of rails to support the last mile of the B2B transaction.

B2B 65

B2B Same Day ACH ACH Commercial Card 65

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

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. Swendseid said she is confident that, once wire payments move to the ISO 20022 standard, ACH payments will soon follow.

ISO 20022 40

ISO 20022 ISOs Fed AFP 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

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

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. . A bogus purchase order (PO) was delivered to the firm once a deal was struck, and payment did not take place.

Ransomware 54

Ransomware AFP Breach Payments 54

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

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

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 1, 2018

A press release issued by Yooz this week said the firm is working with SnapCheck to integrate digital check solutions into its offering, allowing businesses to obtain the benefits of electronic payments while retaining the familiarity of paper checks. ” Roughly 50 percent of U.S.

Checks 53

Checks Accounts AFP B2B 53

PYMNTS

MARCH 13, 2017

The paper check has a nasty reputation in B2B payments as a cumbersome, manual and risky payment rail. Yet data from the 2016 Association of Financial Professionals’ Electronic Payments Survey released last September actually found a 1 percent increase in corporates’ use of paper checks compared to two years ago.

RDC 77

RDC Checks API Remote Deposit Capture 77

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 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

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

PYMNTS

OCTOBER 11, 2017

According to a report in Reuters , citing Bill.com — a firm which helps businesses make digital payments — existing investors also participated in the round. In September, Bill.com announced it had inked a partnership with JPMorgan Chase to help business clients make and receive digital payments.

AFP 46

AFP B2B Digital Payments International Payments 46

PYMNTS

SEPTEMBER 17, 2019

Corporate treasurers show increasing interest in real time and faster payment solutions, the latest research suggests. Because we are a bank [as well as a payments processor], we can deposit their credit card proceeds the same day, including weekends, at no additional cost,” explained WePay CEO Bill Clerico in an interview at the time.

B2B 43

B2B RTP Bankers' Bank Funding Agent 43