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. More than six in 10 — or...
The paper check continues to be a prominent — and, in many cases, dominant — payment method in B2B transactions. PYMNTS research released last October in the “Bringing Corporate Payments Out of the Dark Ages” webinar revealed 64 percent of B2B payments are made with...
Business advocacy groups are fighting a proposed financial transaction tax aimed at limiting high-frequency trading, and decreasing the budget deficit. Representative Peter DeFazio, D-OR, and Senator Brian Schatz, D-HI, introduced measures in both Chambers of Congress on Tuesday (March 5). The proposal is co-sponsored by...
Corporate treasurers have said they’re interested in a slew of cutting-edge FinTech solutions that experts believe will disrupt financial business management. Yet, a new report from the Association for Financial Professionals (AFP) warned of only minuscule adoption of these tools so far, a trend that...
March 06, 2019
Business advocacy groups are fighting a proposed financial transaction tax aimed at limiting high-frequency trading, and decreasing the budget deficit. Representative Peter DeFazio, D-OR, and Senator Brian Schatz, D-HI, introduced measures in both Chambers of Congress on Tuesday (March 5). The proposal is co-sponsored by more than a dozen democrats, including Representative Alexandria Ocasio-Cortez, D-NY. […]
April 14, 2017
Fraud can happen on a multitude of levels in nearly any part of the economy. In the Association for Financial Professionals‘ 2017 Payments Fraud Survey, the organization saw a significant rise...
