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AFP Payments: Stop BEC Scams Before They Begin

  • By Staff Writers
  • Published: 11/19/2015
The latest issue of AFP Payments provides insights on how to stop business email compromise (BEC) scams before they start. AFP spoke with a number of security experts for an upcoming Treasury in Practice Guide that focuses solely on BEC scams—the number one fraud threat to treasury and finance. Also this month, we look at bitcoin, which has seen a surge in value as of late. With venture capitalists investing heavily in bitcoin startups and financial institutions spending over $1 billion on blockchain-related projects over the next two years, corporate treasurers are finally taking notice of the cryptocurrency. Also in this issue, we recap sessions on same-day ACH and faster payments at the 2015 AFP Annual Conference, and treasurers receive a call to action to join the Federal Reserve Faster Payments Task Force.

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AFP Payments is a monthly newsletter delivering best practice information, news and analysis of global payments challenges, regulations and emerging technologies. As the world migrates from paper-based to electronic payment methods, financial professionals and others need to stay atop developments ranging from new card-based payment options, to changes in banking practices, to regional payments concerns around the world.

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