March 2013 Payments Newsletter

By Staff Writers
Published: 2013-03-21

This month, we look at the results of the 2013 AFP Payments Fraud and Control Survey, underwritten by J.P. Morgan. Although most respondents experienced actual or attempted payments fraud last year, the incidence of fraud decreased for the third straight year. Also this month, we look at SWIFT’s Bank Readiness Certification Program, which aims to help banks’ prepare to participate in SWIFT for Corporates. Also, Randy Sabett of ZwillGen PLLC discusses President Obama’s executive order on cybersecurity and Presidential Policy Directive (PPD) 21, we look at the implications of the Genesco/Visa lawsuit, and more.

Read the newsletter.

(you will need to log-in to view the newsletter)

ABOUT THIS NEWSLETTER Payments Newsletter is the information source for payments professionals. Payments Newsletter provides monthly content for payments professionals.

Manage subscriptions to this and other AFP newsletters: www.afponline.org/newsletters

Treasurers to Benefit as Visa Europe Cuts Cross-Border FeesEuropean treasurers are poised to save a substantial amount of money on cross-border credit card transactions for their companies now that Visa Europe has announced it is reducing interbank fees for these payments.
May 2013 Payments NewslettersThis month, we bring you all of our exclusive coverage of the recent NACHA Payments conference in San Diego. We hear from retail corporate treasurers on the complications of implementing EMV in the U.S. Many retailers are unconvinced that such expensive upgrades are truly effective or necessary. Corporate treasurers also weigh in on electronic remittance standards, healthcare payments, fraud and more. Also, AFP and Aite Group release a new Payments Decision Guide on acquirer relationships, a eurozone payments expert discusses why the SEPA Direct Debit could cause some corporates to miss next yearís deadline, and more.
Study: Top Hurdles Keeping Treasury from Adopting E-PaymentsAdopting electronic payments is essential for corporates, but one study uncovered substantial obstacles that treasurers must surmount to ensure a successful implementation.
AFP Fraudwatch: Essential Controls for Treasury, FinanceWith payments fraud running rampant, a recent AFP webinar held by a treasury executive provided especially timely advice. Effective internal controls include exception processing, activity specific accounts and more.
6 Tips Treasurers Can Use to Reduce Payment Vendor RiskPayments vendors will claim they are PCI compliant. But smart treasury and finance professionals shouldn't take their word for it.

March 2013 Payments Newsletter

You May Also Be Interesed In...