Merchants at MRC Dublin 2018 received some tips on what they can do to prevent “friendly” fraud, as well as recoup losses from it, courtesy of two experts from Uber.
There is a healthy tension when it comes to process: How do you strike the right balance to get the benefits without strangling agility?
Many companies are misunderstanding some of the fundamentals of machine learning. At MRC Dublin, an expert panel tried to clear up some of the confusion.
Fred Sadaghiani, CTO of Sift Science, and Roberto Valerio, CEO of Risk Ident, discuss how the General Data Protection Regulation (GDPR) in Europe could affect machine learning.
At MRC Dublin, Dr. Patrick Dixon provided a list of reasons why fraudsters will continue to thrive in this new, fraud-heavy paradigm that merchants currently find themselves in.
Mary Gilbert, Treasury and FX Risk Manager for Duracell, will discuss her organization’s TMS journey in a session at AFP 2018.
Fans of the TV series “Scandal” won’t want to miss the Executive Institute Monday Luncheon at AFP 2018, featuring Judy Smith—the inspiration for the character Olivia Pope.
Eric Rosenbach, former Pentagon Chief of Staff and former Assistant Secretary of Defense for Global Security and Homeland Defense, discusses the biggest cyberrisks to corporate practitioners.
AFP 2018 speaker Doug Stevenson of Story Theater International explains why you should tell a story in your presentation.
Though there is no deferral of foreign earnings under the 2017 tax bill, Section 956 was surprisingly retained and there are questions as to how much of an impact it could still have on treasury organizations.
A brand is an intangible asset, a unique promise of what the company stands for when you see its name, logo, slogan or product, even before you interact with it. This same logic applies to you.
Nicole Meyer, Founder and Managing Partner of The Meyer Partnership, explains why employees leave their jobs, and what treasury and finance executives can do to retain them.
Keith Briscoe, CMO of Ethoca, provides a three-pronged solution for retailers to tackle so-called "friendly" fraud and false declines.
Vinay Prabhakar of Finastra describes several use case for blockchain that are applicable to corporate treasury and finance, particularly syndicated lending.
We’ve been hearing a lot about the benefits of robotic process automation (RPA), and for good reason. But what if you were trying to implement RPA for process improvement and found that it didn’t work?
Though corporate treasury and finance professionals have shown considerable interest in adopting faster payments, they need to apply a well thought-out strategy to be successful.
George Throckmorton, Managing Director, Strategic Initiatives and Network Development for NACHA, explains why there is a need for API standardization, and discusses two pilots that NACHA is working on that can benefit corporate treasury and finance professionals.
Protecting customer data is the responsibility of payments industry stakeholders, stressed an expert panel at NACHA Faster Payments 2018. But that's easier said than done.
Bob Stark of Kyriba will provide attendees of the BreakThrough Treasury and Finance forum with a look at the latest technology trends impacting the treasury landscape.
Concerns over festering trade wars and rising geopolitical concerns convinced treasury and finance executives to return to cash accumulation, according to the latest AFP Corporate Cash Indicators®.
With the role of accounts payable expanding, it is critical to improve its efficiency. One means of achieving this is through automation of the invoice process.
Though it may seem unlikely that some companies still use entirely paper-based systems to conduct their AP processes, this is still the case for some smaller businesses, especially in developing countries. Even with a paper-based system, controls are needed to ensure that it operates properly.
The AFP Treasury Advisory Group recently held discussions on Foreign Bank Account Reporting (FBAR) with representatives of the Financial Crimes Enforcement Network (FinCEN) and the IRS.
Theresa Y. Kananen, Partner with Arnall Golden Gregory LLP, provides retailers with some insights on the challenges around surcharging.
Micheal Reitblat, CEO of Forter, explains how card fraud as evolved since the Target breach and the implementation of EMV technology in the United States.
To manage short-term volatility, FP&A practitioners often have a principled response: follow the core attributes of your company. At FinNext in San Francisco, a panel of experts discussed how market changes can up-end their operations, and how they navigate their teams through the ensuing volatility.
Magnus Carlsson, AFP's Manager of Treasury and Payments discusses how the 2018 AFP Payments Fraud and Control Survey, underwritten by J.P. Morgan, revealed an increase in account takeovers.
Scott Talbott, SVP of Government Affairs for the Electronic Transactions Association, discusses how proposed tariffs on point-of-sale (POS) terminals imported from China will negatively impact retailers and the payments industry.
FP&A professionals must learn to balance both science and art when building a financial model and understand when which approach is more applicable to a particular use case.
Blockchain proponents believe the technology has broad applications for treasury and finance. But could it solve know-your-customer (KYC) compliance?
Monica Eaton-Cardone, Co-Founder and Chief Operating Officer of Chargebacks911, discusses new systems from Visa and MasterCard that are intended to streamline the timely and costly chargeback process for merchants.
Micheal Reitblat, CEO of Forter, explains how artificial intelligence (AI) has expanded in recent years and how it can be used to commit or combat payments fraud.
Five years after the Target data breach, massive hacks continue to plague retailers—and more importantly, their customers.
Treasury and finance professionals worry about customer data being stolen by criminals. But what would happen if customers’ biometric data, such as DNA, used to access their accounts was compromised?
Steve Mott, CEO of BetterBuyDesign, provides an insider's view of both the Federal Reserve's Secure Payments Task Force and its Faster Payments Task Force.
AFP 2018 is all about breaking out of your regular routine. That’s why we’re introducing a number of new features this year, while expanding upon others.
Manual FBAR reporting is a time-consuming and detail-driven process that can take several weeks to months. As a result, many corporate treasury departments are implementing BAM or eBAM systems to automate the process of gathering, validating, and reporting data for FBAR.
Jonathan Crane, FP&A, Senior Manager, FP&A for Hamilton Company, explains how using PowerPivot and Power BI can enhance the capabilities of Microsoft Excel.
In a low interest rate environment, the opportunity cost of idle cash seems low, but the benefit of a capital redeployment from moving operating cash for investment purposes often is overlooked.
Caitlin Sinclair of Thomson Reuters weighs in on whether its should be banks or regulators who oversee a centralized know-your-customer (KYC) utility.