Tackling B2B Payment Fraud Risk
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.
For Informational Purposes Only
These materials are for informational purposes only. These materials do not represent any opinion, guidance or recommendation, whether formal or informal, of Capital One, National Association, or any of its officers, directors, employees, advisors, attorneys, consultants, affiliates or subsidiaries (collectively, “Capital One”). Without limiting the generality of the foregoing, these materials do not represent legal advice or guidance by or from Capital One. In no event may the recipient of these materials rely on these materials for any purpose whatsoever. Nothing contained in these materials shall give rise to, or be construed to give rise to, any obligations or liability whatsoever on the part of Capital One. Nothing contained in these materials shall alter or modify, or be deemed to alter or modify, applicable law (including, but not limited to, the limitations under applicable law of Capital One's obligations and/or liability in applicable matters). The recipient of these materials should consult the recipient’s own counsel to understand the recipient’s obligations and liability in applicable matters.