|Questions about this subject?
|Contact Magnus Carlsson, Manager, Treasury & Payments.
Thanks to J.P. Morgan for its underwriting support of the 2016 AFP Payments Fraud & Control Survey.
2016 AFP Payments Fraud and Control Survey
In 2015, fraud activity was at an all-time high after steady declines from 2009 to 2013. Criminals are managing to successfully attack organizations’ payment systems. Though checks continue to be most often subject to fraud, there is an increase in fraud via wire transfers and corporate/commercial credit cards.
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Magnus Carlsson, Insights on the Survey Results:
- The Question for Finance: How Do You Measure What Matters?AFP recently interviewed Ron Dimon, a director with Deloitte and an expert on enterprise performance management. Dimon and FP&A Manager Bradley Page of Archer Daniels Midland will lead a session about EPM and value mapping at AFP Annual Conference.
- Video: U.S. Businesses Are Hoarding Cash at a Quicker PaceMariam Lamech, director, survey research for AFP, discusses the results of the July 2016 AFP Corporate Cash Indicators® (AFP CCI). The latest results show American businesses hoarding cash at a far quicker pace than previous quarters.
- Brexit Foments FX Frustrations for Nonprofit TreasurersThe impact of the Brexit vote in the U.K. continues to roil treasury. This time, treasury professionals feeling the pain work for non-governmental organizations, or NGOs.
- FP&A… and C: Why Communication is Crucial for FinanceAs the role of financial planning and analysis (FP&A) expands, and the importance of soft skills rises, there should be some official recognition that technical skills only go so far. If executives cannot tell their story and influence decisions, they are not doing their jobs.
- Study: Brexit, Tepid Economy Lead Companies to Hoard CashConcerned about Brexit and a tepid economy, American companies in the second quarter of 2016 returned to accumulating cash at a fast pace, according to the AFP Corporate Cash Indicators® (AFP CCI).