The Business Email Compromise (BEC) continues to evolve. Fraudsters are adding new twists to what has become an increasingly common scam targeting businesses’ B2B payments...
It was a difficult week for businesses getting hit with cyberattacks, with foreign currency company Travelex among the most high-profile of recent cases. The currency...
Payments messaging technology provider SWIFT recently opened up its Know Your Customer (KYC) platform, the KYC Registry, directly to corporates. The initiative enables 2,000 corporate...
Digital identity solutions provider Signicat is partnering with payment information firm SurePay to combat B2B payments fraud. A press release published on Signicat’s website on...
As B2B fraud threats like the business email compromise (BEC) scam or internal employee theft continue to grow for businesses large and small, experts are...
Banks’ digitization journeys have been a rocky road, to say the least. The spark of FinTech innovation in recent history has set off a catalyst...
Internet scammers, by nature, are a resourceful lot. They poke and prod, looking for various weaknesses to be exploited on online platforms, in company emails...
Though fraud technology has evolved to combat the monster of payments fraud, there is a growth threat for banks that innovators are also paying attention...
Paper checks, photocopies. Fraudulent companies. Banks and other firms may think payments fraud is all about BEC, but low-tech also has its place in the...