Hancock Holding Company Becomes Accredited Provider of AFP Service Codes
The Association for Financial Professionals (AFP) announced that Hancock Holding Company has become an accredited provider of the AFP Service CodesTM ––the standard that corporate treasury departments use for comparing bank services.
Canada Ranks Second on List of Best Business Environments
Canada has leaped to the No. 2 spot on a world ranking of the best business environments, according to a new survey by Bloomberg. Canada’s place on the 2014 list is likely due in large part to its acclaimed banking system.
AFP Releases New Service Codes
Since 1986, AFP Service Codes© have been recognized as the standard for identifying balances and charges that appear on account analysis statements and in responding to RFPs. The 2013 AFP Service Codes© include 247 new codes for banking services that have become more widely adopted in recent years in addition to revisions to over 443 codes to reflect changes since the 2008 edition.
Sheila Bair Assesses Current U.S. Fiscal and Political Climate at AFP 2013
Tuesday at the AFP conference concluded with a keynote address by Sheila Bair, former chairman of the Federal Deposit Insurance Corporation (FDIC). As AFP chairman Susan Glass noted in her introduction, Bair presided over a tumultuous period in U.S. economic history. In the depths of the 2008-09 financial crisis, the FDIC faced a continuing struggle to convince a skeptical media that it was not about to run out of funds.
SWIFT: Industry Collaboration Essential for EBAM Growth
It will likely still be a little while before Electronic Bank Account Management (EBAM) becomes mainstream for corporate treasury departments. However, thanks to a recent industry collaboration effort that time might be coming soon, SWIFT said Monday at the 2013 AFP Annual Conference.