PYMNTS-MonitorEdge-May-2024

Association for Financial Professionals

Scammers Using GenAI to Improve, Scale Phishing Attacks
Scammers Using GenAI to Improve, Scale Phishing Attacks
February 14, 2024  |  artificial intelligence

Financial scams have become increasingly sophisticated with the use of generative artificial intelligence (AI). Criminals armed with generative AI tools can easily create realistic videos,...

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Corporate Card Innovators Ready For A Spending Bounce Back
Corporate Card Innovators Ready For A Spending Bounce Back
April 14, 2021  |  B2B Payments

New research reveals the employee furlough surge of 2020 has resulted in a decline in corporate card fraud. But providers are anticipating a resurgence, and...

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US Firms Expected To Lower Cash Holdings Amid Pandemic
US Firms Expected To Lower Cash Holdings Amid Pandemic
July 27, 2020  |  B2B Payments

Businesses have responded to the pandemic by tapping into their cash reserves, as around 32 percent of businesses plan to diminish their cash holdings in...

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BEC Tops Fraud Attempts Against Treasurers: Survey
BEC Tops Fraud Attempts Against Treasurers: Survey
April 07, 2020  |  B2B Payments

The 2020 Association for Financial Professionals (AFP) Payments Fraud and Control Survey underwritten by JPMorgan found that business email compromise (BEC) was the most noted...

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Corporate Payments Fraud Jumps Despite Stronger Internal Controls
Corporate Payments Fraud Jumps Despite Stronger Internal Controls
April 10, 2019  |  B2B Payments

While corporates are adopting stronger internal controls to combat the threat of payments fraud, new data from the Association for Financial Professionals (AFP) reveals the...

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US Firms Ready To Spend This Quarter: AFP
US Firms Ready To Spend This Quarter: AFP
January 29, 2019  |  B2B Payments

The Association for Financial Professionals says U.S. corporations are ready to use their cash reserves in the first quarter of 2019 to pay debt and...

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Tracking Treasurers’ Progress In Handling Greater Corporate Responsibilities
Tracking Treasurers’ Progress In Handling Greater Corporate Responsibilities
August 29, 2017  |  B2B Payments

A business climate of rapid technological innovation, shifting geopolitical forces and changing risks have introduced a new conversation about the corporate treasurer: how can this...

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Corporate Cash Hoarding Accelerates — But Is There Room For Optimism?
Corporate Cash Hoarding Accelerates — But Is There Room For Optimism?
August 01, 2017  |  B2B Payments

There may have been a burst of optimism among the nation’s corporate community following the election of President Donald Trump, but that optimism appears to...

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Today In Data: B2B Payments Fraud
Today In Data: B2B Payments Fraud
April 14, 2017  |  Today In Data

Fraud can happen on a multitude of levels in nearly any part of the economy. In the Association for Financial Professionals‘ 2017 Payments Fraud Survey, the...

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