How to Reduce the Risk of Payment Fraud Through the Automatic Verification of Bank Account Ownership 2023 | Institute of Finance and Management (IOFM) | 14 February 2023 | Webinar

Managing supplier information has never been easy. Manually verifying information is costly, time-consuming, and hard to track. One small slipup in collecting, verifying, and storing supplier details increases errors, non-compliance, and fraud vulnerability. The prolonged shift to remote work has made verifying supplier information harder and riskier. Bad actors are using the disruption caused by remote working and the increased reliance on emails to collect information to perpetrate payment fraud. Join us for this webinar as our speakers show you how to mitigate your organization’s risk of fraud by automating the process of verifying bank account details and other supplier information.

What you will learn:

• The latest benchmarks on payment fraud
• The vulnerabilities created by traditional approaches to verifying supplier information
• An action plan for mitigating risk of payment fraud through automation

2023 Speakers

Mark Brousseau
President, Brousseau & Associates

Phil Binkow
CEO, Financial Operations Networks

2023 Sponsors

• Financial Operations Network