AccessPay launches its new Finance Trends 2025 report

AccessPay has explored finance and the state of transformations and development in corporate teams through the launch of its new Finance Trends 2025 report. Following this announcement, the report explores finance and treasury teams’ digital transformation status, ISO 20022 preparations, and approach to fraud management. It also presents a deep dive into the financial services, legal, and retail sectors. The company also focused on understanding the state of finance transformations in corporates and FIs, while also determining how and where they are focusing on digitalisation efforts at the beginning of 2025. Access Pay releases its new Finance Trends 2025 More information on the release of Access Pay’s Finance Trends report Included in the key findings from the report are account name verification topping firms’ technology prioritises, minimal action taken for new ISO 20022 mandatory data requirements, as well as invoice scams ranking as a top fraud concern. For multiple companies, finance transformation is a work in progress. According to the official press release, just 13% had fully digitised, while 69% stated they were in the midst of digital transformation with a combination of manual and digital processes. Financial services firms also accelerated their finance transformation efforts, with legal firms […]

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