A payment is the transfer of monetary value from one party to another, either in cash or noncash form. Cash payments are made through the exchange of physical currency, while noncash payments usually involve transferring value between bank accounts via payment systems. Banks facilitate these transfers for their customers through multiple electronic and paper-based systems. MORE.
AFP Real-time Payments Survey
The 2023 Association for Financial Professionals (AFP) Real-time Payments Survey, underwritten by The Clearing House, finds that adoption and implementation of real-time payments varies across organizations based upon revenue and size. Overall, though, by 2028, over three-fourths of organizations expect to be using real-time payments for both sending and receiving payment transactions.
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A Treasurer’s Guide to Centralization
Underwritten by Standard Chartered
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AFP Payments Guide to Dealing with Miscellaneous Payments
Underwritten by MUFG
How Corporates can Standardize and Simplify the Global Language of Payments
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Jul 8, 2024
Choosing the Right Payment Method
Even amid the widespread digitization of business operations, many companies still use checks to make B2B (business-to-business) payments. But paying and accepting more than one payment method — especially digital payments — is a better approach.Learn More -
Mar 7, 2024
Treasury Transformation and Smart Safe Innovation Leads to Scalable Solutions
With the implementation of its smart safe and store treasury initiative, the treasury team at Casey’s General Stores was able to quickly resolve a myriad of issues, leading to significant increases in efficiency and cost savings.Learn More -
Feb 22, 2024
Understanding Types of Payment Methods
When choosing a payment method, treasury professionals must prioritize three essential factors: the transaction amount, the recipient's destination and the timing of the payment. The objective is to ensure the precise and secure delivery of funds while maintaining alignment with the organization's financial goals and operational needs.Learn More
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AFP Continuing Education Quizzes
AFP provides CE Content Quizzes designed for CTP, CCM and FPAC credential holders, offering them an opportunity to assess their knowledge of industry topics through AFP publications.
Payments Fraud 2023/2024
As finance professionals, we must be ever vigilant against the schemes that could undermine our company or our career. In this series, we will cover the categories of fraud that we see around payments and provide some best practices on how to detect and prevent your company for unwittingly being caught up in one of these ploys.