B2B fraud

How Paperless B2B Payments Are Reducing Fraud in Business Transactions
How Paperless B2B Payments Are Reducing Fraud in Business Transactions
July 31, 2024  |  B2B Payments

If all goes well, the future of business processes won’t look anything like its past. And that holds particularly true in business-to-business (B2B) payments, where...

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Criminals Target Big Ticket Transactions in Commercial Banking Fraud Surge
Criminals Target Big Ticket Transactions in Commercial Banking Fraud Surge
February 05, 2024  |  Security & Fraud

What’s better than $10,000? Try $25 million. That, it appears, is the thinking of an emerging cohort of bad actors and financial criminals behind a...

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US DOJ Continues Its Business Email Compromise Battle
US DOJ Continues Its Business Email Compromise Battle
June 28, 2021  |  B2B Payments

The Business Email Compromise continues its dramatic attack on businesses’ B2B payment workflows in this week’s B2B Data Digest. With the U.S. Justice Department reporting...

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Cyberattackers Go Global To Steal Company Cash
Cyberattackers Go Global To Steal Company Cash
September 08, 2020  |  B2B Payments

With cyberattacks skyrocketing amid the pandemic, new data is rolling out to paint a picture of just how damaging the ramped-up thievery has become. In...

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BEC Attacks Surge As Fraudsters Eye Pandemic Opportunity
BEC Attacks Surge As Fraudsters Eye Pandemic Opportunity
July 06, 2020  |  B2B Payments

Wirecard continues to dominate the headlines in the realm of corporate fraud thanks to $2 billion missing from the company’s books, but it’s not the...

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Coronavirus Fraud Is In Full Swing — And Businesses Are A Big Target
Coronavirus Fraud Is In Full Swing — And Businesses Are A Big Target
May 11, 2020  |  B2B Payments

Fraud warnings continue to grow louder as bad actors uncover new opportunities to take advantage of market volatility and other aspects of the unique circumstances...

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Email Fraudsters Take Advantage Of Coronavirus Opportunity
Email Fraudsters Take Advantage Of Coronavirus Opportunity
March 23, 2020  |  B2B Payments

Even in times of global crisis, fraudsters will always look for ways to exploit unsuspecting targets. Corporates and government officials have recently been sounding the...

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FinServ Providers Lift Some Of B2B’s Fraud Burden
FinServ Providers Lift Some Of B2B’s Fraud Burden
December 02, 2019  |  B2B Payments

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...

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Blank Checks And PO Manipulation Cost Businesses Millions
Blank Checks And PO Manipulation Cost Businesses Millions
November 04, 2019  |  B2B Payments

This week, three new cases of accused internal fraud emerged, showcasing the variety of ways employees can steal company cash. Invoice and purchase order manipulation,...

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