Commercial and Enterprise Payments Fraud: 2023 Edition
- Date:June 12, 2023
- Author(s):
- Albert Bodine
- Report Details: 17 pages, 7 graphics
- Research Topic(s):
- Commercial & Enterprise
- Fraud & Security
- PAID CONTENT
Overview
Fraud in commercial payments is a rising concern, with Javelin Strategy & Research data showing that businesses expect it to increase over the coming year. The reasons for pessimism are many—the ascendancy of digital payments, the complexity of global supply chains, increasingly sophisticated criminal schemes—and the threats to companies are internal and external.
Though fraudsters often seem to have the upper hand with their schemes, companies can counter effectively through the smart deployment of technology along with a corresponding shoring up of security measures and staff training to recognize the threats.
Key questions discussed in this report:
- Why do organizations expect to see an expansion in commercial payments fraud?
- What kinds of payments fraud can be perpetrated against corporates?
- What solutions for fraud detection are available on the market?
Companies mentioned:
ACI, Alloy, Arkose Labs, BioCatch, Bottomline Technologies, Cybersource, Ekata by Mastercard, Feedzai, FICO, FIS Global, LexisNexis Risk Solutions, Pelican, SAS, SEON, SIFT, SymphonyAI, TransUnion
Learn More About This Report & Javelin
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