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

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 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.

Business Email Compromise 61

Business Email Compromise Email Compromise AFP Compromise 61

PYMNTS

NOVEMBER 8, 2018

A new report from treasury management technology firm Kyriba and CFO Research Services offered CFOs a chance to lay out their wish lists for their treasurer peers, with chief financial officers pushing the treasury function to embrace a more prominent role.

AFP 46

AFP Treasury Cash Management Treasury Management 46

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

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

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. The report, underwritten by BMO, surveyed corporate financial and treasury professionals to assess trends in how they are reserving corporate cash. In another statement, BMO Head of U.S.

Continuity 49

Continuity AFP Federal Reserve Treasury 49

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. Capital allocation, financial risk management, and treasury and payment technologies are also key areas of focus, researchers found.

Treasury 46

Treasury AFP Liquidity Management Risk 46

PYMNTS

MARCH 6, 2018

The Asset reported news on Monday (March 5) that its initial review of chief financial officers (CFOs), part of its ongoing Treasury Review 2018 initiative, found service quality to be the number one recommendation for treasurers and CFOs when choosing a financial services provider with cash management services.

AFP 43

AFP Cash Management Treasury Liquidity Management 43

PYMNTS

JUNE 20, 2016

Reports on Friday (June 17) by the Association for Financial Professionals (AFP) said the Fed recently provided an update on its progress to encourage ISO 20022 adoption. Banks could do all sorts of transactions for you, but they charge you for that and rightly so.”

ISO 20022 40

ISO 20022 ISOs Fed AFP 40

PYMNTS

SEPTEMBER 21, 2016

For the 2016 AFP Electronic Payments Survey, released on Tuesday (Sept. “Treasury and finance professionals are indicating their support for Same Day ACH because they see the value that it brings to last-minute payments,” said AFP President and Chief Executive Jim Kaitz in a statement.

Same Day ACH 76

Same Day ACH ACH Checks B2B 76

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 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. But there are other ways the AFP found businesses are exposed to payments fraud, most notably through the BEC scam.

AFP 40

AFP B2B Business Email Compromise Email Compromise 40

PYMNTS

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

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 20, 2016

The world of corporate treasury management has of late had to focus especially hard on the management portion of the job description. The reference work, says the company, helps inform treasury and risk professionals about technology and workflow, with an eye on trading, risk controls and compliance. two years ago to 3.2

Treasury 40

Treasury Treasury Management AFP IRS 40

PYMNTS

NOVEMBER 7, 2016

The statistic, released by East & Partners in its Treasury FinTech Index , reveals that the U.S. A +7 point increase in the AFP’s Corporate Cash Indicators report means U.S. 26% of U.S. corporate treasurers plan to spend more on FinTech next year , but it may not be anything to celebrate.

Small Business 74

Small Business AFP Finance Cash Management 74

PYMNTS

DECEMBER 31, 2019

Close to one-quarter of AP pros surveyed also want to bring ePayables and virtual cards online for treasury operations. 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

NOVEMBER 9, 2017

Corporate treasury is now more strategic for the enterprise, meaning chief financial officers and treasurers must be close-knit with their organizations’ boards of directors. ” Their concerns aren’t baseless, either.

Risk Management 43

Risk Management Risk Treasury Email Compromise 43

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).

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AFP Rules Advisors Research 40

PYMNTS

SEPTEMBER 8, 2016

Citing the 2016 AFP Payments Fraud and Control Survey, SunTrust attributed that figure to the use of non-electronic payments processes. “Ignoring your payments strategy could have a big impact on your bottom line,” said SunTrust’s Michael Maza, head of treasury and payment solutions.

Same Day ACH 40

Same Day ACH ACH Payments AFP 40

PYMNTS

SEPTEMBER 17, 2019

However, the AFP’s survey did not uncover specific opportunities corporate treasurers expect from adopting faster payment solutions — with researchers also warning that check use remains prominent and that while treasures may be interested in payments innovations like real-time payments, it doesn’t necessarily mean they’ll adopt them.

B2B 43

B2B RTP Bankers' Bank Funding Agent 43

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.

Risk 42

Risk Cross-Border Non-Bank B2B 42

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 Mastering Multichannel Commerce Playbook.

Economy 103

Economy Online and Mobile Banking Credit Union Money Laundering 103

PYMNTS

OCTOBER 30, 2019

. “While adoption for consumer accounts is enhanced through regulatory drivers, adoption for business accounts is based on market interest,” she stated in her presentation at the Association for Financial Professionals’ AFP 2019 event.

Payment APIs and Integration 41

Payment APIs and Integration Cross-Border Cross-Border Payments Small Business 41

PYMNTS

JANUARY 23, 2018

Superior Press , a treasury management solution provider for commercial banks, is acting on that need. Separate data from the Association for Financial Professionals (AFP) found use of the paper check increased in 2016.

Remote Deposit Capture 43

Remote Deposit Capture Checks Same Day ACH ACH 43

Nanonets

JANUARY 25, 2024

Second, for best results, it requires tight collaboration with related departments such as procurement, treasury and supply chain, among others. Expanding knowledge of Treasury With new potential to assist in cash flow management and oversee dynamic discounts, AP today is more closely aligned with treasury than ever before.

Finance 52

Finance Accounts P2P Treasury 52