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From Paper Checks to FinTech: How to Streamline Your B2B Payments

Evolve Payment

This is 10% higher than in 2009 and 20% higher than in 2013-2014. Checks have an extended risk horizon, meaning multiple touchpoints are needed to process each payment. AFP found that over 80% of B2B organizations reported being targets of an attempted or actual payment fraud attack in 2018 and 2019.

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Will Same Day ACH Rollout Spark A Fraud Spike?

PYMNTS

One of the potential difficulties that Same Day ACH implementation poses for FIs relates to how they control their sensitive data, Rojas said. Mid-tier and larger banks typically have their ACH processing deployed in their data center, which allows them to maintain control of data that can be routed. 2013 and Feb.