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US Firms Ready To Spend This Quarter: AFP

PYMNTS

corporations are ready to use their cash reserves in the first quarter of 2019 to pay debt and initiate share buybacks. The AFP’s latest Corporate Cash Indicators report, published Monday (Jan. The AFP’s latest Corporate Cash Indicators report, published Monday (Jan.

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Corporate Payments Fraud Jumps Despite Stronger Internal Controls

PYMNTS

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
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BEC Tops Fraud Attempts Against Treasurers: Survey

PYMNTS

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.

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US Corporate Cash Stockpiles Spiked In Q4

PYMNTS

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! While the findings signal caution among U.S.

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BEC Scammers Embrace Coronavirus Opportunity

PYMNTS

. “Payments fraud and business email compromise, in particular, have been thorns in financial professionals’ sides for years, but this recent surge is especially concerning,” said Jim Kaitz , president and CEO of AFP, in a statement. Though the figure is high, it’s a decrease from 80 percent in 2018, the AFP noted.

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

Evolve Payment

An industry survey by the Association for Financial Professionals (AFP) found that check usage for business-to-business (B2B) payments declined to an all-time low of 33% in 2022. Over half of all AFP survey respondents considered speed the most important factor when choosing a payment method.

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AP Automation Set To Shred Paper Checks

PYMNTS

The PYMNTS December 2019 Next-Gen AP Automation Tracker details explosive innovation in real-time payments for business, driven in no small part by accounts payable (AP) professionals. Bottomline Technologies made trade headlines in Q3 2019 with its Real-Time Payments (RTP) module for its Digital Banking IQ suite.

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