American companies said they would deploy their cash in the first quarter of 2016—and they did, according to the AFP Corporate Cash Indicators® (AFP CCI).
Should American corporations hold multicurrency accounts in U.S.-based banks?
Due to the combination of Regulation Q’s repeal in 2010 and Fed rates finally moving higher, the future of the earnings credit rate is up in the air.
Cybercriminals who stole $81 million from the Bangladesh central bank likely compromised SWIFT software that the bank was using, according to British defense contractor BAE Systems.
Sarah Schaus, Assistant Treasurer & AVP for Allianz Life Insurance Company, provides some key tips on business continuity planning (BCP) for treasurers.
The latest edition of AFP Payments looks at what corporate treasurers want from cross-border payment initiatives. While real-time payments are all the rage these days, treasurers are far more concerned with certainty and transparency than they are with speed.
In the latest video from AFP's In-Depth series, Dr. Andreas Schertzinger, Managing Director for the Head of Reinsurance FP&A for Swiss Re, discusses the importance of collaboration between treasury and FP&A through data and human interactions.
Corporate treasury and bank executives offered some best practices for companies expanding internationally at the TEXPO 2016 treasury management conference.
The overall view from the NACHA Payments conference is that faster and slower forms of payments can, and will coexist, as they are driven by different needs.
Here's a simple solution for resolving disputes on customer invoices: take a closer look at the data you already have and make sure your staff understands its significance.
During a session Monday at the TEXPO 2016 finance and treasury management conference, experts provided five key tips for treasury professionals filing an FBAR.
It’s no secret that know-your-customer (KYC) compliance is a headache for corporate treasurers. At the TEXPO 2016 finance and treasury management conference, multiple treasury professionals voiced their frustrations.
The FBI's recent revelation that organizations have lost more than $2.3 billion from business email compromise (BEC) scams over the past three years should come as no surprise to treasury and finance professionals.
If you’re studying to be a Certified Treasury Professional, you’ve got a lot of work ahead of you. Here are five tips to remember.
Having a mentor can play a big role in a person’s career success. Yet, while the majority of CFOs say a mentor is important for career development, only a small percentage of workers report being in a mentoring relationship.
This month, Starbucks' Drew Wolff discusses his upcoming CTC Corporate Treasurers Forum session on natural-resource risk management.
Craig Martin, Executive Director of the Corporate Treasurers Council, provides a preview of the upcoming CTC Corporate Treasurers Forum, May 22-24, 2016 at the Sofitel San Francisco Bay. Learn more here.
Let’s face it—the finance department does not typically carry a reputation of innovation, daring or creativity. But for any business that wants to compete and thrive in today’s economy, that has to change.
Jim Morales, FP&A, Manager of Business Planning & Strategy for U.S. Gas & Electric Inc., provides his take on the multiple choice section in part one of the FP&A Exam.
Is finance ready for big data? While the majority of FP&A departments have yet to adopt big-data projects, many are considering what strategy to put in place.
AFP recently spoke with three members of its 2016 AFP Annual Conference Planning Task Force on why they got involved. They also discussed some of the proposals they encountered while determining the program for the upcoming event.
Liz Garner, vice president of the Merchant Advisory Group, explains why retailers have seen a steady increase in chargebacks since the October 2015 EMV liability shift.
Mobile payments giant Square is both young and fast-growing, which has an impact on its treasury infrastructure and leadership approach. Just ask Tim Murphy, treasurer for the payments processor.
Resource-starved treasury groups are leveraging their knowledge and ingenuity to get more out of their treasury management systems, according to a new AFP survey.
As every senior finance executive will admit, the millennial generation presents some tough management challenges. This article focuses on those challenges and how to overcome them.
AFP spoke with Kristy Murray, environmental and social risk officer for PNC’s Corporate & Institutional Bank, about her role and the paradigm shift both banks and corporations are going through right now in terms of addressing environmental concerns and social responsibility.
Blockchain continued to dominate discussion on the third day of the Money20/20 Europe conference. As for bitcoin? Forget everything you’ve heard about it and other cryptocurrencies, one expert said.
Dana Laidhold, Treasurer and Principal for The Carlyle Group, explains how treasury professionals can ease the burden of know-your-customer (KYC) rules by working closer with their banking partners.
When it comes to cross-border payments, faster may not be better.
There are plenty of real-time payments initiatives under development around the world, but all of them seem to forget one thing: corporate end-users.
Startups are likely to pass banks by and lead the way on innovation in Asia—and that could be good news for corporate treasurers.
If the phone call inquiring about your company’s environmental, social and governance (ESG) criteria has yet to arrive, it likely will soon.
Laurie Coe of The Energy Project discusses her upcoming CTC Corporate Treasurers Forum keynote session on how treasury and finance executives can get the most out of their employees.
In the latest AFP Annual Conference blog post, meet one of the organizers: Fred Schacknies, Vice President and Assistant Treasurer of Hilton Worldwide, Inc.
Biometrics took center stage during a discussion on balancing customer experience with mitigating fraud and cybercrime Tuesday morning at Money20/20 Europe. While there are clear advantages to corporates adopting this innovative technology, no solution is perfect.
Chargeback or “friendly” fraud, which involves a customer making an online purchase from a retailer and then requesting a refund from the bank, has become a major problem for merchants in Europe.
Treasury and finance executives with years of experience may think they’re too old for a mentor—especially a younger, more junior colleague. Here’s why that attitude is wrong.
According to the Beyond Budgeting Round Table (BBRT), abandoning a traditional budget yields a number of key benefits.
Blockchain dominated discussion on the first day of the Money20/20 Europe conference, with one panel discussing the difficulty governments are having coming up with regulations for the digital ledger technology.