4 Real-life Examples for Effective Fraud Prevention in B2B Payments

Has your organization experienced payment fraud or faced attempted cybercrime? Recent analysis suggests that 80% of companies surveyed experienced some form of fraud during the last two years, while many business leaders were failing to fully understand their exposure to financial risk.

To tackle the problem effectively today’s businesses must act decisively and quickly. Start by identifying potential gaps in your organization’s processes and systems and establish central visibility over all organization-wide payments. Also, ensure that 4-eyes principles are applied across your entire payments approval process and that your finance team is aware of the latest fraud scams.

To discover more about the various types of payments fraud and how you can protect your organization against financial crime, watch our latest fraud prevention video. Our experts will give you an overview of the Serrala Fraud Monitor solution, as well as discuss real-life customer examples and best practices to strengthen your protection against cybercrime.