New liquidity coverage ratio requirements from Basel III have the potential to transform corporate borrowing—and many global treasurers are already trying to adapt.
Treasury and finance professionals have heard for years that mobile payments are the next big thing, and they’re going to change the way everyone makes payments. So what's the holdup? A panel of experts at the 2014 AFP Annual Conference attempted to answer that question.
In the November issue of Risk, new research on cybercrime is here -- and the results are sobering. The big takeaway: firms are still trying to cope with cybersecurity in its many forms.
According to a new survey from KPMG and AFP, firms today are spending a significant amount of time and resources to enhance their risk governance practices, especially in areas involving treasury such as liquidity and funding.
Gen. Keith B. Alexander, former Director of the NSA, delivered a chilling message to attendees of the 2014 AFP Annual Conference about cybersecurity: the worst is yet to come. Fortunately, he also provided them with some tips on protecting their data.
More companies are spinning off parts of their organizations into standalone companies, according to a new survey. For treasury departments that means an increased—and increasingly complex—workload.
Jim Harper of the Bitcoin Foundation told attendees at the 2014 AFP Annual Conference that that the ideal outcome for virtual currencies would be to integrate them into traditional financial services. But the New York Department of Financial Services' proposed BitLicenses could complicate efforts to legitimize virtual currencies.
The Treasury market is basically unchanged; the stock market is at all-time highs; the U.S. dollar continued to strengthen; and the deficit, as a function of GDP, dropped to 2.8 percent. There is a general feeling that the U.S. economy is currently expanding in the elusive, but much sought after “Goldilocks” range.
U.S. employers added 214,000 jobs in October, which marks the ninth straight month in which job gains exceeded 200,000. The last time employers added 200,000 workers for at least nine consecutive months was in 1995.
Does your CFO fully comprehend the value of treasury? During a session at the CTC Executive Institute of the 2014 AFP Annual Conference, treasurers provided three key ways to display that value.
The November issue of the FP&A newsletter is full of advice from your peers, including 20 steps to improve data visualization, seven tips for better rolling forecasts, three ways FP&A can improve communication, and more.
An educational session at the 2014 AFP Annual Conference examined four evolving cyber threats, and the steps treasurers can take to protect their organizations.
Cybersecurity is clearly a top threat to treasury and finance professionals and to the entire economy, according to an onsite survey conducted Monday at the 2014 AFP Annual Conference. Financial professionals fear the economic impact of a large-scale cyberattack.
Most companies engage in some type of data analysis to drive decision-making and achieve business goals, but those whose data intelligence programs have the support of management and devote considerable resources to gathering, analyzing and interpreting information are the ones reaping the benefits, according to the AFP Data Intelligence Survey, underwritten by Capital One Bank.
The first 72 hours in a crisis can dramatically impact the next months or years for your organization, according to Martin Pergler and Becca O’Brien of McKinsey & Co. They provided attendees of the CTC Executive Institute with a list of key actions that can keep a bad situation from becoming a catastrophic one.
Dresser-Rand Group presented treasury and finance professionals with a look at how it implemented a new global cash pool at the 2014 AFP Annual Conference. Dresser-Rand’s pool is designed to increase the availability and liquidity of previously trapped cash.
Attendees of the 2014 AFP Annual Conference received a glimpse into how renminbi (RMB) cross-border trade has taken off in the five years since regulators permitted the first pilot.
Cybersecurity dominated the conversation at the Payments Roundtable Sunday at the 2014 AFP Annual Conference. SSA Clyde Ellis with the FBI’s Major Cyber Crimes Unit (MCCU) provided treasury and finance professionals with a glimpse into the biggest cyber threat trends his unit is looking at.
Former Federal Reserve Chairman Ben Bernanke opened the 2014 AFP Annual Conference by stressing that he is positive about the U.S. economy in the long term, and he provided three key reasons why.
ChildFund International was awarded the AFP Pinnacle Award Grand Prize Sunday at the Opening General Session of the AFP Annual Conference. The awards, sponsored by Wells Fargo & Co., have recognized excellence in treasury and finance each year since 1997.
The market gave equity investors quite the treat with a significant rally to wrap up October before heading into the last two months of the year. A slew of positive data helped fuel equities prices; while at the same time put quite a damper on fixed income and commodity prices.
A debate has arisen over whether migration to chip and PIN or chip and signature cards makes the most sense in the U.S. Obviously the PIN adds another layer of security, but does it really matter? A recent fraud trend that exploits chip cards as a whole should serve as a cautionary tale to both banks and retailers as the EMV rollout picks up steam.
Many treasurers complain that fraudsters have tried to change the account number on an outgoing vendor checks and ETFs. So what can treasurers do?
When creating reporting dashboards for management, FP&A professionals need to tailor the images carefully. Here are seven tips from practitioners and experts on how to construct an effective visual dashboard.
There is a common confusion among financial professionals about exactly what business intelligence (BI) is. A failure to grasp the concept and utilize it effectively can undermine a financial planning and analysis (FP&A) team’s efforts.
Jim Kaitz, President & CEO of the Association for Financial Professionals, welcomes attendees to the 2014 AFP Annual Conference in Washington, D.C. and highlights the speakers and sessions at the event.
The 10th Annual CTC Executive Institute, sponsored by PNC, features a host of impressive speakers looking towards the future—just what is lurking around the corner for today’s treasury and finance professionals?
Toyota Financial Services, ChildFund International and Theorem Clinical Research, will receive their Pinnacle Awards Sunday night at the Opening General Session of the 2014 AFP Annual Conference, with the Grand Prize winner also being announced. Sponsored by Wells Fargo & Company, the Pinnacle Awards recognize excellence in treasury and finance.
U.S. companies are spending their cash and expect to spend even more in the coming quarter, according to the latest AFP Corporate Cash Indicators® (AFP CCI).
Cybercrime is perhaps the greatest risk to companies in the current environment. But it doesn’t have to be. Bill Nelson of FS-ISAC and Peter Tapling of Authentify provide guidance on how treasurers can handle today’s threats.
The concept of a rolling forecast is a hot topic in FP&A. Many companies attempt to implement it, but not all of them are successful. During the latest meeting of the Geneva FP&A Club, practitioners discussed the seven factors for rolling forecast success.
Financial institutions are beginning to get a better grasp on Basel III as they work their way through compliance efforts. But what does this mean for corporate treasury and finance?
The 2014 AFP Annual Conference in Washington, D.C. is less than two weeks away, so this month we're presenting you with a full list of this year's career development sessions.
Former Federal Reserve Chairman Ben S. Bernanke will deliver the keynote address Sunday evening at the AFP Annual Conference in Washington D.C.
What helped Christy Barwick rise to the role of corporate treasurer? A very broad portfolio of diverse finance experiences -- and something else.
From tips on how to present to the board of directors to inspiring accounts of leadership under pressure to advice on how to build the perfect resume, the 2014 AFP Annual Conference boasts an impressive lineup of sessions on its career development track.
What makes you marketable, as a jobseeker? Your technical skills are unquestionably important. But what you do only matters to a prospective employer in the context of how you used those technical finance skills to solve a problem and deliver a tangible impact.
There are ways companies can future-proof their forecasts -- by switching to rolling forecasts that adjust to changes in market assumptions and risk-adjusting their forecasts to events that may affect the outcome.
AFP’s new Treasury in Practice guide, underwritten by KeyBank, identifies key insights for treasurers to maximize their critical role in the M&A process. Often, treasury becomes involved in M&A late in the game—but that approach is typically a misstep.
President Obama's latest executive order on cybersecurity promises to speed up the government’s transition to EMV chip-and-PIN. This will surely impact treasury and finance professionals whose businesses transact with the federal government.