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Articles

January 2014 Payments Newsletter

  • By Staff Writers
  • Published: 1/23/2014

This month, we take a look at AFP’s new Payments Decision Guide, which focuses on developing a payables strategy. The guide, underwritten by Fifth Third Bank, explains the goals and drivers of a payables policy, and then advises corporate practitioners on the best ways to create and implement it. Also this month, we attempt to determine the catalyst that will finally cause corporates to leave checks behind and use electronic payments for business-to-business transactions. Using data from the 2013 AFP Electronic Payments Survey, underwritten by J.P. Morgan, we look at why so many corporates prefer checks for B2B, and what could possibly make them change their minds. Also, top retailers get hacked over the holidays, the European Commission extends the SEPA deadline, the National Retail Federation appeals the interchange settlement, and more.

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