Invoice Fraud

Invoice fraud is when fake invoices are sent to targeted businesses in an attempt to extract money from companies with vulnerabilities in their accounts payable processes.

Source: blog.procurify.com

Corporate Ransomware Rears Its Ugly Head Once Again

Corporate Ransomware Rears Its Ugly Head Once Again
Corporate Ransomware Rears Its Ugly Head Once Again
May 17, 2021  |  B2B Payments

Ransomware is once again top-of-mind for corporate finance leads in the wake of the Colonial Pipeline attack. The event has become a painful reminder of...

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Keeping Pace With The Evolution Of Business Email Compromise
Keeping Pace With The Evolution Of Business Email Compromise
May 03, 2021  |  Cybersecurity

Business email compromise (BEC) is an ever-evolving beast that threatens organizations of all types and sizes around the globe. But companies are not entirely defenseless...

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How Fostering A Culture Of Fraud Awareness Alongside Automated Tools Can Help Businesses Beat BEC Scams
How Fostering A Culture Of Fraud Awareness Alongside Automated Tools Can Help Businesses Beat BEC...
April 29, 2021  |  Fraud Prevention

Fraudsters have found a new twist on an old favorite — business email compromise scams. In the inaugural Preventing Financial Crimes Playbook, Jeff Taylor, senior...

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Keeping Trust At The Heart Of Buyer-Supplier Discovery
Keeping Trust At The Heart Of Buyer-Supplier Discovery
April 28, 2021  |  B2B Payments

Supply chain diversification is an absolute must for organizations operating on a global playing field. In Western Europe, Brexit disruption has mixed with pandemic-fueled supply...

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Report: Automation Protects Business Payments From Email Compromise
Report: Automation Protects Business Payments From Email Compromise
April 28, 2021  |  Fraud Prevention

Companies worldwide are still attempting to reconfigure their typical operations and payment processes to keep up with the shifts caused by the pandemic. This includes...

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Internal B2B Payment Fraudsters Wreak Havoc On Businesses
Internal B2B Payment Fraudsters Wreak Havoc On Businesses
April 19, 2021  |  B2B Payments

The business email compromise (BEC) scam remains a massive threat to companies. But sometimes, the biggest fraud risk can be found within the enterprise. This...

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A Quiet VC Week Eyes B2B Payments, SMB Banking Funding
A Quiet VC Week Eyes B2B Payments, SMB Banking Funding
April 16, 2021  |  B2B Payments

This week’s B2B FinTech venture capital roundup is dominated by smaller funding rounds totaling less than $100 million in collective fundraising. While it was a...

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Why The Data Breach Decline Is Bad News For Businesses
Why The Data Breach Decline Is Bad News For Businesses
February 01, 2021  |  B2B Payments

The Interstate Technology & Regulatory Council (ITRC) released new data on the state of cyberattacks and data breaches with some surprising news: data breaches were...

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