Today in data, new research shows that nearly half of small to middle-market businesses are avoiding onboarding new clients due to worries about fraud.
Data
47%: Share of companies that have chosen not to bring on new clients due to fraud concerns
12-13: Average number of days it takes for a business to onboard new clients before taking their orders
5 in 10: Number of businesses that say better digital solutions are the key to combatting fraud
¾: Portion of companies searching for new ways to cut fraud-related losses