Commercial Payments Fraud Battlefield: Working with SMBs to Protect their Financial Accounts
- Presented by :
- Test
- Research Topic(s):
- Fraud Management
Small and mid-size businesses face a wide variety of threats to their profitability, but none as insidious as fraud. Criminals are specifically targeting the financial products and services utilized by these businesses with great success. Account credentials are being stolen on a massive scale as the systems of small and mid-size businesses (SMB) are compromised on a daily basis. Unfortunately, SMBs without sufficient security measures in place are often liable for the financial loss from payments fraud and are subsequently left with limited recourse.
Join Al Pascual as he examines the breadth of payment fraud challenges faced by small and medium businesses. Learn what it will take to for businesses and their financial service providers to protect the integrity of payment accounts, the strength of their relationships, and ultimately their bottom line.
Join us as we examine questions such as…
- How should financial service providers manage the security expectations of SMBs?
- What are some of the lessons learned from recent civil litigation related to unauthorized EFTs?
- How does the use of mobile devices within SMBs contribute to the rate of payments fraud they experience?
- What are the best practices for preserving the relationship between businesses and financial service providers post-fraud?