The Federal Reserve is considering adopting ISO 20022 for its Fedwire Funds Service. Corporate treasury professionals are encouraged to comment.
The Business Payments Coalition's Simple Remittance Requirements paper defines a minimal set of remittance data that SMBs need for cash application and reconciliation.
Here are four tips to help you reduce the effort involved in budgeting, and get you back to your summer vacation without taking panicked calls from the CFO.
Regulators are putting more pressure on banks to speed up their transition away from the London interbank offered rate (LIBOR).
In the latest installment of #AFPJargonWatch: Cobot.
The Clearing House's plans for its Real Time Payments service are ambitious. But how quickly will treasury professionals adopt it?
In the latest installment of #AFPJargonWatch: Data ethnography.
Accounts receivable can leverage process automation and artificial intelligence to improve cash application.
Are there instances where Porter's Five Forces can be profit-accretive rather than profit-destructive? If the answer is yes, then finance has to re-evaluate its valuation models to capitalize on these relationships to derive value for its business.
Autonomous learning enables humans to interact with machines to get the relevant information in a fraction of the time.
The Capital Markets and Investments track at AFP 2018 boasts an array of sessions that will help you navigate this complex new paradigm.
The 2018 AFP Liquidity Survey, underwritten by State Street Global Advisors, found that 40 percent of respondents anticipate no changes in spending at their companies in the wake of corporate tax reform.
When you bring together a group of retail treasury professionals, sooner or later, the topic of armored carrier services is going to rear its ugly head.
In the latest installment of #AFPJargonWatch: Content coma.
Retail treasurers are being hit by multiple fraud methods, if the opening discussion at the 2018 AFP Retail Roundtable is any indication. Business email compromise (BEC) scams, check fraud and card fraud—you name it, they’re feeling it.
The latest Treasury in Practice Guide, underwritten by Kyriba, explores the ins and outs of selecting a treasury management system.
If you have many metrics to look at, how do you know what is important?
The latest installment of #AFPJargonWatch.
How can finance balance its responsibility as stewards of shareholder capital? Here are five ideas.
Jennifer Earyes, Director, Treasury Risk for Navient, provides corporate treasury professionals with a checklist of what to do to prepare for the probable transition from LIBOR to SOFR in 2022.
Shankar Bellam, Manager, Solution Engineering for HighRadius, explains how artificial intelligence (AI) and machine learning can drastically improve accounts receivable.
There are several key actions that treasurers should consider as they prepare for a probable shift from LIBOR to SOFR.
AFP Jargon Watch is a new, occasional series to help finance professionals better understand the changing knowledge and definitions of the industry. #AFPJargonWatch
The latest AFP Executive Guide, underwritten by Chatham Financial, explores treasury’s impact on financial statements.
There’s still time to submit comment on the draft of a governance framework for the United States to adopt ubiquitous faster payments by 2020.
Blockchain gurus believe that the technology will revamp payment systems and even the capital markets. But for corporate treasury professionals, the biggest impact may be in more mundane activities, such as record keeping and information sharing.
AFP is expanding into Asia and will open an office located in Singapore in 2019. The Singapore office will support AFP’s growth across Asia-Pacific.
Stephanie Uhl, CTP, Assistant Treasurer of Forest City Realty Trust and a member of AFP's Board of Directors, discusses how her organization has been increasing its use of electronic payments and the challenges surrounding that.
If you had to draft an all-star FP&A team, who would you recruit? What types of players would fill the positions on your team and what skills would they need to have?
Tim Bobak, Threat Intel Outreach, Group-IB, discusses how fraudsters are able to stay one step ahead of vendors who offer fraud protection services.
Charles Ellert, Head of Payments Strategy for Verizon, discusses his role in helping to put together the Payments Track at this year's conference. This year, there is a heavy emphasis on faster and real-time payments.
Laurens Tijdhof, partner at Zanders, discusses fintech that will impact corporate treasury, particularly robotic process automation (RPA).
Tim Bobak, Threat Intel Outreach, Group-IB, discusses why fraud threats to corporates and banks are increasingly coming from the emerging markets.
The advancements Microsoft has made in recent years have drastically improved the experience of using Excel.
For AFP 2018, we decided to combine the Treasury Management and Global Treasury tracks. Business is becoming more global, and treasury along with it.
It now takes two to six months for new domestic and international bank accounts to be setup due to know-your-customer (KYC) requirements. And guess what, treasurers? It’s about to get worse.
An upcoming webinar will explore how modern credit, finance and IT teams are leveraging AI and data to repurpose receivables management.
The most likely reason for increase in wire fraud is the pervasiveness of business email compromise (BEC) scams.
John Josten, CTP, Assistant Treasurer for Tractor Supply Company, provides some key tips on how treasury departments can manage change.