Incidents of payments fraud are escalating at an alarming rate as fraudsters continue to outpace technology developers and law enforcement in their level of sophistication. Risk mitigation and the institution of greater controls remain a top initiative for all organisations.
In response, gtnews’ parent the Association for Financial Professionals has released “Payback: Securing Your Payment Channels”, its new Payments Security Guide. Underwritten by MUFG Union Bank, N.A., the guide is a companion piece to the “2015 AFP Payments Fraud and Control Survey”.
Designed to help treasury and finance professionals identify any weak payment channels or routines, the guide offers practical and preventive measures to improve payments security. Featuring insights from the FBI Cyber Division, treasury professionals and AFP’s own subject matter experts, the AFP Payments Security Guide provides treasury and finance professionals with the tools they need to protect their organisations against today’s threats.
Of course, no matter how many protections you invest in, your company’s money and data will never be 100% secure. But just because the threat is real doesn’t mean you can’t prevent it from doing major damage to your business.
Download Payback: Securing Your Payment Channels here.
The proposals of both US presidential candidates could shake up operating conditions in several sectors, reports the credit ratings agency.
The Danish shipping and oil conglomerate confirmed that it will separate its businesses into stand-alone transport and energy divisions.
The central bank has tweaked its stimulus programme and is making a fresh effort to push Japan’s inflation rate above its 2% target.
Despite faster payment technologies, business-to-business payments by paper cheque show no sign of decline from three years ago.