Invoice Fraud news and trends

Invoice Invasion: Defending the Finance Department From Hidden Fraud Risks
Security & Fraud // September 17, 2024

Businesses can’t grow without getting paid, and businesses won’t get paid without an invoice. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Basware Debuts AI-Powered Fraud Prevention Tool
Fraud Prevention // April 22, 2024

Accounts payable (AP) automation company Basware has launched a new fraud/error protection solution. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...

It’s Not Enough That Businesses Win – Fraudsters Must Also Lose 
Security & Fraud // June 08, 2023

The digital age has brought with it a new, sophisticated twist to traditional fraud threats. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

PYMNTS Intelligence: How SMBs Can Fight the Fraud Threats of Remote Work
Fraud Prevention // April 04, 2023

Remote working was a boon to businesses during the pandemic, as technology allowed many companies to remain productive when much of the world was shutting down. Along with greater technological dependence, however, came greater threats to organizations, such as cyberattacks, data breaches, fraud, bribery and corruption. The widespread use of personal devices,...

Interviews & Exclusives
AP Automation Frees Teams to Think Strategically When Fighting Payments Fraud

March 08, 2022
While many businesses made the shift to digital during the pandemic, some — too many, in fact — are still relying on paper-based accounts payable (AP) processes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our […]

Quick Reads
Routable Adds Fraud-Detecting AI Agent to AP Automation Platform

February 06, 2025
Routable has enhanced its accounts payable (AP) automation platform by adding an AI agent that can detect both invoice fraud and human error. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. […]

Basware Debuts AI-Powered Fraud Prevention Tool

April 22, 2024
Accounts payable (AP) automation company Basware has launched a new fraud/error protection solution. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Feds Charge 20 in Alleged $150M COVID Fraud Schemes

April 20, 2022
Federal prosecutors have filed charges against a number of people over the past few weeks for allegedly carrying out a variety of scams connected to the COVID pandemic that totaled...

Fake Invoicing Returns To Haunt Chinese Trade Sector

October 14, 2014
What initially seemed like an accomplishment, Hong Kong overtook the U.S. as the top destination for Chinese goods and materials.  Now it seems like that particular stat may need an...