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Checks Still the Payment Method Most Susceptible to Fraud There’s encouraging news in the war on Business Email Compromise (BEC), though the numbers remain cause for concern. “Sixty-eight percent of organizations were targeted by BEC in 2021, eight …
There’s new evidence that businesses are rapidly abandoning checks in favor of ACH and other electronic payments. The 2022 Association for Financial Professionals (AFP) Digital Payments Survey , released Oct. 4, found that just 33% of business-to-business …
After four consecutive years of declines, the number of organizations reporting attempted or actual payments fraud rose considerably in 2023, new research found. The “2024 AFP Payments Fraud and Control Survey Report” showed the number rose to 80%, up …
Part One. Read Part Two . Evidence is mounting that businesses are increasingly moving to ACH payments and away from paper. The latest proof comes from the Association for Financial Professionals (AFP) in its 2022 Payments Cost Benchmarking Survey . The …
Listen in as Alex Sheen—the exclusive Remote Connect keynote speaker and founder of "Because I Said I Would, "a social movement and nonprofit dedicated to bettering humanity through promises made and kept—shares the background on his story and motivation …
ORLANDO, Fla.— Alexa, pay the electric bill. That’s an increasingly common request—along with the water, gas, and who knows how many other bills. As convenient as it is for consumers, it’s raising new questions for ACH Network participants. “When someone …
If you are like the rest of us, both your home and professional lives may have experienced some jolts due to the ongoing pandemic. And the payments industry has not been immune either. As business conditions continue to change, now is the perfect time for …
The future is now – or at least is in the works. Nacha’s new Alliance Project Team kicked off and has designed a plan for the first Faster Payments Professional Certificate. The team is on track to launch the program in early 2022. Nacha announced that …
Buzzcasts offer viewers fresh, hot takes on topics that will inform industry decision-making and the future of payments. The content, curated by Nacha's Payments Innovation Alliance, showcases the payments industry thought leaders and experts among our …