Business Email Compromise

How Banks And AP Departments Share The Burden Of Fighting Fraud

How Banks And AP Departments Share The Burden Of Fighting Fraud
How Banks And AP Departments Share The Burden Of Fighting Fraud
March 01, 2021  |  B2B Payments

Fraud alarms continue to sound louder as the coronavirus crisis presses on. For corporates, the threat has evolved in a variety of ways, from attackers...

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COVID-19 Scams Target The Business Community
COVID-19 Scams Target The Business Community
January 18, 2021  |  B2B Payments

With a second Paycheck Protection Program (PPP) on the way, small businesses have yet another chance to secure much-needed financial relief. But new concerns are...

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Brexit Raises The Stakes For B2B Payments Fraud
Brexit Raises The Stakes For B2B Payments Fraud
December 28, 2020  |  B2B Payments

Nacha is issuing a warning to accounts payable professionals with regards to the rising threat of fraud. In a recent announcement, Nacha said that a...

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Australia, New Zealand Take A Hard BEC Scam Hit
Australia, New Zealand Take A Hard BEC Scam Hit
November 30, 2020  |  B2B Payments

While the business email compromise (BEC) scam is a global pain point for businesses, this week’s B2B Data Digest looks at the latest figures in...

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B2B Scammers Wield The Power Of The Invoice
B2B Scammers Wield The Power Of The Invoice
October 26, 2020  |  B2B Payments

When invoices are generated manually, there are plenty of opportunities for billing to go awry. This week’s look at the latest in B2B payments fraud...

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BEC Scam Takes $15M In Widespread Attack
BEC Scam Takes $15M In Widespread Attack
October 01, 2020  |  Cybersecurity

Mitiga is working with law enforcement after uncovering a widespread business email compromise (BEC) scam that has netted more than $15 million. Get the Full...

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How AP Teams Can Protect Independent Contractor Payouts From Fraud
How AP Teams Can Protect Independent Contractor Payouts From Fraud
September 01, 2020  |  CFO

For language-services providers, working with a wide network of translators isn't without its challenges. Invoices too often get duplicated and take a bite out of...

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Invoice Fraud Strikes Amazon In $19M Scam
Invoice Fraud Strikes Amazon In $19M Scam
August 24, 2020  |  B2B Payments

In a case that highlights how anybody — truly, anybody — can be a victim of invoice fraud, federal officials have reportedly charged two brothers in New...

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