Tackling B2B Payment Fraud Risk
March 2, 2020
Building Your Best Defense
Business payment fraud is on the rise. According to the Association for Financial Professionals, 82% of organizations experienced B2B payments fraud in 2018—a 20% increase from just five years ago.
As fraudsters implement advanced technologies and tactics, firms must do more to protect themselves. This includes investing in new innovations and employee education.
B2B Payment Security in the Middle Market
Are mid-sized companies overconfident in their abilities to detect and prevent fraud? Capital One-commissioned research conducted by Accenture surveyed 225 executives from mid-sized companies to understand their attitudes and approaches to B2B payment security.