How to Prevent Fraud in B2B Payments
A short guide on increasing payment security
“Fraud risks are omnipresent for organizations today. To stay a step ahead of fraudsters, organizations must be always on guard. Implementing strategies that encompass the entire business process is imperative for effective fraud prevention. Full stop”, says Nancy Zhang, VP Product Payments, Cash Liquidity & Treasury at Serrala.
Over 71% of organizations experienced fraud attempts according to the 2022 AFP® Payments Fraud and Control Survey. Organizations need to ensure they have the right strategies in place to defend themselves against cybercrime and other fraud attempts.
Investing in people, processes and systems is vital. Learn in this eBook what you need to know about fraudsters, how they try to get access to your corporate cash, and how you can build lasting fraud prevention strategies.
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