| Corporate Payments Fraud Hits Record Levels
More businesses than ever fell victim to payments fraud last year, finds the AFP in its latest report. This week, an avalanche of data was released revealing just how hesitant businesses are to adopt the technologies that could protect them, even as instances of business email compromise scams and check fraud reach new heights.
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| Payment Errors Abound For Multinational Firms
Cross-border B2B payments volume is steadily rising, but according to new research from Tipalti and PayStream Advisors, as the volume goes up, so does the rate of payment errors. Analysts warn multinational companies that using multiple bank partners and a variety of payment methods will likely lead to errors that clog up accounts payable.
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| | Faster Payments Tracker™ | | NEW REPORT: The Y2K Fizzle And Same Day ACH Sizzle
Thankfully, those turn of the century Y2K doomsday scenarios were a big fizzle, but there were still important takeaways. For the April Faster Payments Trackerâ¢, PYMNTS spoke with Joe Casali of the New England Accelerated Clearing House (NEACH) about how the lessons learned then are helping stave off Y2K-like anxiety re: Same Day ACH rollout. Plus, the latest headlines and trends from the faster payments landscape. Read More... |
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