Real-time payments are getting closer to reality. While there are more questions than answers at this point, we have seen this discussion evolve over the past year as innovations such as SWIFT’s GPI, Faster Payments in the U.K. and same-day ACH in the U.S. have all sought to reduce settlement and clearing times to within a day.
Once again, it’s the time of year when we worry about things that go bump in the night. And for treasurers around the world, there’s plenty to be concerned about. Here are nine stats that are likely to strike fear in the heart of every treasurer.
1. 74%--Percentage of U.S. financial professionals that were victims of payments fraud in 2016
The sun has set on another AFP annual conference, and the insights, education and networking, as usual, were invaluable: detailed discussions with hundreds of customers, prospects and partners; jam-packed customer presentations; and a big announcement from Kyriba on the launch of new industry first capabilities for payments fraud detection. Here’s a quick recap of our experience at the conference:
HCSC’s Strategic Evolution