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Chase, AFP Applaud B2B’s Shrinking Check Use

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The paper check continues to be a prominent — and, in many cases, dominant — payment method in B2B transactions. Although new technology is appealing, treasury and finance professionals tend to stick with what works for them, and their vendors,” said AFP President and Chief Executive Jim Kaitz in a statement this week.

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Tax Reform Not Enough To Convince Corporates To Spend, AFP Finds

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” 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.

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Business Email Scams Spin Even Wider Webs

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The problem is getting worse, according to the Association for Financial Professionals’ (AFP) latest Payments Fraud and Control Survey Report. While the continued strength of BEC scammers may not come as a surprise, the research finds that the scam no longer only reigns in targets with a request for wire transfer.

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Corporate Treasurers Safeguarding Cash As Economic Concerns Loom

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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.

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Corporate America Hinges On Presidential Election

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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.

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Amid Market Changes, Treasurers Lean On Their Banks

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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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Breaking Down The Data Behind Record Levels Of B2B Payments Fraud

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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.

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