A payment is the transfer of monetary value from one party to another, either in cash or noncash form. Cash payments are made through the exchange of physical currency, while noncash payments usually involve transferring value between bank accounts via payment systems. Banks facilitate these transfers for their customers through multiple electronic and paper-based systems. MORE.
AFP Payments Fraud and Control Survey Report
AFP’s Annual Payments Fraud and Control Survey Report, underwritten by Truist, provides updated information on payments fraud trends and the impact of fraud on organizations. Also covered are the controls organizations are using to curb fraud. Responses from over 500 practitioners form the basis of the report.
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A Treasurer’s Guide to Centralization
Underwritten by Standard Chartered
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AFP Payments Guide to Dealing with Miscellaneous Payments
Underwritten by MUFG
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Jul 10, 2025
No More Delays — the ISO 20022 Fedwire Deadline Is Here
After much speculation about further delays, the Federal Reserve announced in June that it is sticking to its plans to adopt the ISO 20022 standard for the Fedwire® Funds Service on July 14, 2025.Learn More -
Jul 9, 2025
4 Statistics to Inform Your ACH Payments Strategy
As part of AFP’s Best of AFP 2024 webinar series, industry leaders from Nacha and the corporate community came together to share the latest insights on ACH adoption, innovation and strategy.Learn More -
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How to Maximize Working Capital by Paying Faster
Today’s finance leaders are rethinking the traditional playbook. Through the strategic use of virtual cards, dynamic discounting and supply chain financing, they are extending days payable outstanding (DPO), generating rebates and reinvesting working capital more effectively.Learn More
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AFP Continuing Education Quizzes
AFP provides CE Content Quizzes designed for CTP, CCM and FPAC credential holders, offering them an opportunity to assess their knowledge of industry topics through AFP publications.
Payments Fraud 2023/2024
As finance professionals, we must be ever vigilant against the schemes that could undermine our company or our career. In this series, we will cover the categories of fraud that we see around payments and provide some best practices on how to detect and prevent your company for unwittingly being caught up in one of these ploys.