Cover for the September 2026 PYMNTS Intelligence and Bottomline Prevention First Report. PYMNTS Intelligence shows how firms prevent business payments fraud through bank account verification, AI tools and stronger supplier checks.

Better Supplier Checks Give Businesses a Head Start on Fraud

Prevention First: Building a Smarter Defense Against Payments Fraud

A fake supplier email can look routine right up until the money leaves. PYMNTS Intelligence and Bottomline surveyed 150 U.S. treasury and finance executives to see how businesses are checking payment details sooner and stopping fraud before it costs them.

Inside the September Report

  • Fake supplier emails are widespread: 50% of firms say AI supplier impersonation is their top AI fraud tactic; 89% find supplier checks a burden.
  • More AI, better results: 59% of firms using three or more AI fraud tools stop at least 90% of fraud attempts, versus 32% using none.
  • Prevention is the priority: 81% of firms plan stronger supplier checks; 75% plan stronger bank account checks.

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    The Payments Fraud Defense