Payment Fraud
Back to GlossaryWhat is Payment Fraud? Payment Fraud involves unauthorized or deceptive activities intended to manipulate or divert financial transactions for illicit gain. Common forms include phishing, business email compromise (BEC), fake vendor schemes, and account takeover attacks. For finance leaders, payment fraud poses significant risks to financial integrity, reputation, and regulatory compliance. Implementing layered security controls, real-time monitoring, and employee training is essential to detect, prevent, and respond to fraudulent activity effectively.
Discover more about Payment Fraud
Ebook: Payments fraud prevention
5 essentials for effective payment fraud prevention. Find some useful tips for building your own fraud prevention strategy in our eBook.
Identify Suspicious Outbound Payments and Prevent Losses
Discover the Fraud Monitor for SAP - a Fiori app-based solution that allows you to identify suspicious payments and take appropriate action.
Knowledge Center | Serrala
Learn more about Serralas trusted solutions, from B2B payments and fraud prevention to optimising financial performance, Serrala has the right solution for you.
About Serrala
Serrala is the global market leader and pioneering innovator in finance process automation. Our award-winning suite of applications gives finance leaders the power to evolve, optimize their working capital and streamline all workflows, planning, and compliance, by automating all operational processes across Order to Cash, Procure to Pay, Cash Flow Management, and Treasury.
Serrala’s AI-powered finance automation suite is trusted by thousands of organizations worldwide to gain real-time insights and create operational excellence through high performance engineering and seamless integration.
Serrala has been advancing the office of the CFO for over 40 years with solutions that accelerate growth, enhance decision-making, and achieve sustainable finance success.