Reframing Anti-Fraud Strategy: Developing A Proactive Approach To Fraud Risk Management
Fraud — and Why 50% of U.S. Small, Middle Market Businesses Say They Can’t Grow
The fraud-growth tradeoff is one that no business wants to make, but one that nearly half of surveyed small businesses and midmarket firms in the B2B retail, manufacturing and marketplace sectors say they feel forced to make due to fear of fraud. Why? A fear their systems will fail to catch new buyers who might be scammers. Read more in Reframing Anti-Fraud Strategy Playbook, a PYMNTS and TreviPay collaboration.
Inside the June Playbook
- 47%: Share of B2B businesses that have chosen not to onboard new clients due to fraud concerns
- 71%: Portion of organizations that plan to implement better digital solutions for fraud prevention
- 50%: Share of organizations that see implementing better digital solutions as the most important plan to prevent fraud-related issues
