• Expert Explains Why Cybercrime Prevention is a Lost Cause
    Businesses are spending unprecedented amounts of cash on cybersecurity. But if that money is solely going to cybercrime prevention, then the hackers have likely already won, argues Josh Goldfarb, chie
  • Federal Reserve to Hold Webinars on ISO 20022
    With implementation of ISO 20022 in the United States drawing closer, treasury and finance professionals who want to sharpen their knowledge of the standard should tune in for one of two upcoming webi
  • FBI Tips: How Treasurers Can Reduce Payments Fraud
    AFP’s Payments Security Guide features key suggestions from the FBI Cyber Division on how treasury and finance professionals can shore up payments security.
  • Payments Experts: Same-Day ACH Could Give Rise to Fraud
    NACHA’s same-day ACH initiative, which would feature three settlement windows per day, looks likely to be approved. However, when you increase the speed at which ACH payments are processed, th
  • AFP In-Depth: Making Mobile Payments Relevant for Treasury
    In the latest video from AFP's In-Depth series, Sassan Parandeh, CTP, global treasurer of ChildFund International, discusses what he would tell treasury and finance executives who are skeptical about
  • Fatal Flaw: Why Retailers Aren’t Rushing to Adopt EMV
    The EMV liability shift is coming in October 2015, but don’t expect the entire retail community to be EMV-ready by then. In fact, one research firm doesn’t expect them to be ready until the end of the
  • How to Deal with Bad Remittance Information
    Although remittance processing probably does not leave you lying on the psychiatrist’s couch, weeping with frustration, the stress of processing remittance information straight-through is likely a fam
  • MCX: Over Before It Starts, or Holding the Trump Card?
    The Merchant Customer Exchange (MCX) just saw one of its marquee merchants defect to Apple Pay and its CEO resign. Is this the beginning of the end for the merchant consortium, or just a bump in the r
  • Treasury & Tech: Former U.S. CTO to Keynote CTC Forum
    The upcoming CTC Corporate Treasurers Forum will focus on treasury in the information age, and will feature keynote speech by Aneesh Chopra, the first Chief Technology Officer of the United St
  • Is Bitcoin the Key to Real-Time Payroll?
    Many treasury and finance executives would like to pay employees in real time because of its convenience and security. The key to real-time payroll may be virtual currencies - but financial profession
  • Pinnacle Awards: Five Ways to Make Your Submission Stand Out
    In their 16-year history the annual AFP Pinnacle Awards for excellence in treasury have received many submissions. Tom Hunt, CTP, AFP’s Director of Treasury, offers some tips to make your Pinnacle Awa
  • In the War On Checks, Uncle Sam Volunteers for Battle
    The U.S. Department of the Treasury is piloting mobile payments for non-recurring payments in an effort to reduce check usage. It is using PayPal but is considering other forms, including Apple Pay.
  • Retailers: Apple Pay Mars Customer Engagement, Loyalty Cards
    Before adopting Apple Pay or looming competitors like Samsung Pay treasurers at retail stores say organizations need to be concerned about two unintended consequences.
  • Help for Treasurers: New Tool Encourages E-Payments Adoption
    A key issue corporate treasurers face is getting smaller business partners to move away from checks and to pay electronically. Now, a new educational tool from the Remittance Coalition may finally bri
  • AFP Payments: Financial Professionals Confident in EMV
    This month, we turn our attention to payments fraud and security, with the release of the 2015 AFP Payments Fraud & Control Survey and the AFP Payments Security Guide. Also, the EMV chip card
  • Same Day ACH: Key Benefits for Treasurers
    Treasurers have expressed support for NACHA's Same Day ACH initiative because it offers workflow efficiencies with quality transactions, flexibility, cash and investment opportunities, competitive adv
  • Payments Security Guide Provides Insights for Fighting Fraud
    AFP has released a new Payments Security Guide, underwritten by MUFG Union Bank, N.A., to help treasury and finance professionals identify weak payment channels and offer practical and preventive meas
  • AFP Fraudwatch: ‘Dyre Wolves’ Stealing $1 Million Per Hack
    Hackers are using malware and social engineering techniques to circumvent two-factor authentication and complete fraudulent wire transfers up to $1 million. Corporate treasurers provide several soluti
  • What Will Give E-Bill Adoption a Boost?
    For billing organizations, the paperless e-bill value proposition is stronger than ever. Research continues to show strong, positive relationships between e-bill adoption and customer satisfac
  • Cyberrisk Management: How to Stay Ahead of the Game
    This Thursday, AFP is hosting a webinar to help treasury and finance professionals mitigate cyberrisk at their organizations. Using the new CTC Guide on Setting a Cyberrisk Management Strategy as a ba
  • Wal-Mart Treasury Exec: Chip & Signature is ‘Worthless’
    Mike Cook, senior vice president and assistant treasurer for Wal-Mart, called signature “worthless as a form of authentication” and criticized the rollout of chip-and-signature cards in the Un
  • Effective Controls Treasurers Can Use to Reduce Fraud
    At a recent meeting of AFP's Treasury Advisory Group, Sarah Schaus, Assistant Treasurer & AVP for Allianz Life Insurance Company, discussed effective controls that treasury professionals can use to mi
  • Treasury Insights: Is There a Business Case for ISO 20022?
    Is there truly a business case for implementing ISO 20022 in the United States? That was the question posed to attendees of the March Payments Innovation Alliance meeting in Los Angeles, Calif.
  • 3 Ways to Match Payments with Remittance Information
    A key problem for treasury departments making electronic payments is that the remittance information does not travel with the actual payment. There are options available for matching payments and remi
  • 5 Tips for Evaluating Cyberinsurance Policies
    Cyberinsurance may be the most important commercial general liability insurance policy of this century. As a corporate treasury or finance professional, you are probably thinking about changing your i
  • 3 Solutions for Avoiding Wire Fraud Scams
    Wire fraud is on the rise due to business email compromise (BEC) scams. In an exclusive video interview, David Neshat, treasurer for Akamai Technologies Inc., explains how treasury teams can r
  • AFP Survey: Financial Professionals Confident in EMV
    Treasury and finance professionals are confident that EMV technology will greatly aid their efforts in the fight against credit and debit card fraud, according to a new survey by AFP. However, respond
  • AFP Fraudwatch: How to Avoid Paying Up Like Target
    Target has agreed to pay up to $10 million to settle a class-action lawsuit over its 2013 data breach. This latest development should serve as a cautionary tale for corporate treasurers whose companie
  • Same Day ACH Receives Support from Treasurers, Banks
    NACHA has posted the results of its request for comment (RFC) on its Same Day ACH initiative. An overwhelming majority of respondents, including corporate treasurers, support NACHA’s approach.
  • AFP Payments: Want to Help Improve the U.S. Payments System?
    The Federal Reserve has opened registration for two task forces intended to help create a faster and more secure U.S. payments system, and treasury and finance professionals are encouraged to get invo
  • Treasury Tips: Protecting Your Team from Email Scams
    Email scams requesting fraudulent wire transfers, as well as phishing emails, continue to be a major issue for many treasury organizations. These issues came up during last week’s meeting of AFP’s Tre
  • New Opportunity for Treasurers to Help Shape U.S. Payments
    The Federal Reserve has opened registration for two task forces that will help the Fed in its efforts to speed up and secure the U.S. payments system. This initiative is a great opportunity for treasu
  • 3 Recommendations for Increasing E-Bill Adoption
    Cox Communications doubled its e-bill adoption rate in the last six months of 2014. To achieve this success, Cox built a core “mission statement” focused on driving paperless, while also bringing toge
  • New Guide Offers Tips on How Treasury Can Move to E-Payments
    The latest installment in AFP's Treasury in Practice series, underwritten by KeyBank, explores strategies that treasurers should consider as they make the shift from paper to electronic payments.
  • How a New Public Utility Can Transform B2B Payments
    In an era where so many processes have migrated to new, more efficient digitally driven alternatives, checks remain an analog anachronism. But now a new solution is emerging—the B2B Payments Directory
  • The Two Sneaky Costs Apple Pay is Hiding from Merchants
    Apple Pay has been the hottest topic in payments for months, but there are hidden costs that retail treasurers must weigh before jumping on the bandwagon.
  • AFP In-Depth: Treasury Insights on Fraud, Cybersecurity
    In the latest video from AFP's In-Depth series, Rue Jenkins, assistant treasurer at Costco, discusses why EMV technology is really only effective in card-present transactions. He also weighs in on the
  • Amex Loses Big on Interchange Dispute, Merchants Rejoice
    Treasury and finance professionals won big last week when a judge ruled that American Express could not prevent retailers from trying to steer customers toward using credit cards that carry lower inte
  • AFP Payments: Time to Speed Up Payments in the U.S.
    This month, AFP Payments reviews the Federal Reserve's proposal for speeding up payments in the United States, reviews some key strategies companies are implementing to protect themselves against cybe
  • Key Strategies Companies are Deploying to Fight Cybercrime
    President Obama signed a cybersecurity executive order last week as part of an effort to encourage the private sector to share information with the federal government when it detects cyberthreats. The