Tag: Payment Fraud
Your best weapon against real estate payment fraud? Automation.
In the first article in this series, we looked at a bright new world of vendor and accounts payable relationships in real estate, ushered in by payment automation. Now we’d like to enlighten you further...
Accounts Payable Fraud: How to Win the Battle
Doug Cranston, Bottomline Technologies’ VP of Product Management, sat down with PYMNTS.com to discuss the new landscape of Accounts Payable (AP). Pointing to the persistence and prevalence of fraud within the world of B2B payments,...
Do Faster Payments Mean Faster Fraud? Yes, and No…Part 1
To move forward, we must look back An Example from the UK: Faster Payments (FPS) Those who cannot remember the past are condemned to repeat it[i]. Never truer words when applied to real-time or faster...
Payment Fraud Prevention Strategies: Advice from the Trenches
The payments industry is facing a serious fraud threat. Here are payment fraud prevention strategies from BTVK Advisory's Ben Hobby...
Defending Against Employee Fraud: Could your risky business practices make you a victim?
Employees are the driving force behind your company’s success. But could one of them turn on you, putting you at risk for employee fraud? Find out if you could be a victim...
What is Ring-fencing and How Will it Impact UK Banks and their Corporate Customers?
The question of “what is ring fencing?” is one thing, but it’s another to consider how it will affect UK banks and their corporate customers. Here's how...
Choosing the Right Bank for Your Business: Evaluating Their Fraud Risk
As organizations undergo the arduous process of selecting banking partners, one of the critical factors they must evaluate is the security of the institution. This aspect of the process cannot be understated. It has to...
What is Business Email Compromise and How Can it be Prevented?
There’s no question that fraud (especially business email compromise) is rising aggressively, with 75% of companies reporting they have fallen victim to a fraud incident within the past year. As new technologies emerge, fraudsters are...
Cyber security for small businesses: Spotting the red flags & stopping potential attacks
Cyber security for small businesses is a big issue but they struggle to give security the right time and resources. Here's guidance on how to handle it...
Identify and Eliminate Employee Fraud Collusion: a 5-Step Guide for Banks
Employee fraud collusion is a serious and underestimated threat to businesses. Here's a guide for banks to identify & eliminate employee fraud collusion...