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Lrye Local Governments Move In On Retail Vacancies
Fraud and data security are quickly climbing to the top of accounts payable AP professionals list of concerns, according to new data from Levvel Research.Commissioned by AP automation solution provider Tipalti, the research, announced Tuesday Dec. 10 , pointed to the growing volume of cross-border B2B payments in 2019 compared to a year prior. It showed 83 percent of c stanley thermos (https://www.stanley-cups.it) ompanies made a cross-border payment this year, a 10 percent year-over-year increase.While the surge in cross-border payment volume is reflective of corporates global expansion efforts, the trend may also be leading to heightened exposure to fraud and data breaches. Theres no denying that cross-border payment processing [is] on the rise and that they are more complex than domestic transactions, said Levvel Director of Research Anna Barnett. Businesses are realizing that they are exposed to fraud risk unless they put in place new controls. One-third of businesses surveyed said they are concerned about fraud, while 26 percent are worried about data security. The same percentage 26 percent also said they are concerned about local tax and regulatory requirements related to global payments.Supplier management and compliance was a concern cited by 23 percent of survey respondents, while 19 percent sai stanley cupe (https://www.stanley-cups.ro) d the growing volume of international payments is a concern, too. stanley de (https://www.stanley-germany.de) The more international payments a business processes, the more likely it is to endure increasing pain points, including significant increases in AP Lclk Analytics Firm Dun 038; Bradstreet Launches IPO
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