Nithai Barzam news and trends

Incoming Payments Fraud Poses ‘Silent Threat’ to Bottom Lines  
Security & Fraud // February 16, 2023

Put up $2, and you can score $100 million. Incoming payments are the new attack vector.   And as nsKnox Chief Operating Officer Nithai Barzam and Ansys Corporate Controller Bob Bonacci told PYMNTS’ Karen Webster, accounts receivable departments are especially vulnerable to financial fraud. First thing’s...

Bank Account Validation Boosts B2B Payments Security, Protects Against ‘Bad Insiders’
Security & Fraud // January 18, 2023

“It’s always a cat and mouse game between the fraudsters and the ones that are trying to stop them,” nsKnox Chief Operating Officer Nithai Barzam told PYMNTS. The conversation with PYMNTS came against a backdrop in which nsKnox said Wednesday (Jan. 18) that it has...

Old-Fashioned Audits Play New Role in Fight Against Business Payments Fraud
Risk Management // December 21, 2022

Fighting B2B payments fraud starts with acknowledging that financial risk management starts from within. A continuous audit and data validation has been shown to be a key ingredient in the fight against business payments fraud, as nsKnox Chief Operating Officer Nithai Barzam told PYMNTS in...

Smart Automation and the Cybersecurity Network Effect
Security & Fraud // December 08, 2022

Corporate fraud may be on the rise, but so is highly aggressive corporate fraud-fighting. As Nithai Barzam, chief operating officer at cybersecurity FinTech nsKnox, told PYMNTS for the “Executive Insights Series — Top of Mind,” he’s focused on the hurdles his clients must clear every...

Interviews & Exclusives
Bank Account Validation Boosts B2B Payments Security, Protects Against ‘Bad Insiders’

January 18, 2023
“It’s always a cat and mouse game between the fraudsters and the ones that are trying to stop them,” nsKnox Chief Operating Officer Nithai Barzam told PYMNTS. The conversation with PYMNTS came against a backdrop in which nsKnox said Wednesday (Jan. 18) that it has raised $17 million in a funding round from several investors. […]

Old-Fashioned Audits Play New Role in Fight Against Business Payments Fraud

December 21, 2022
Fighting B2B payments fraud starts with acknowledging that financial risk management starts from within. A continuous audit and data validation has been shown to be a key ingredient in the...

Smart Automation and the Cybersecurity Network Effect

December 08, 2022
Corporate fraud may be on the rise, but so is highly aggressive corporate fraud-fighting. As Nithai Barzam, chief operating officer at cybersecurity FinTech nsKnox, told PYMNTS for the “Executive Insights...

Instant and Automated Payments Make Tempting Targets for Fraud

November 07, 2022
Faster B2B payments, back-office automation and alternative payments are all advancing rapidly, but these advances are creating new opportunities for fraudsters, so expect the innovation war between legitimate businesses and...