Visa has partnered with Vietnam banks to make it easier for Visa debit cardholders to receive inbound remittances using MoneyGram and Remitly. Powered...
MeaWallet and Australian Settlements Limited partner up to bring eftpos digital payment technology to the Australian Mutual and Customer Owned Banking Sector Australian Settlements...
A Comprehensive Guide to Preventing B2B Payments Fraud
The FBI reported that Business Email Compromise (BEC) and invoice fraud has cost U.S. businesses more than $2 billion between 2014 and 2019 through BEC scams. These events have been reportedin all 50 states and in 177 countries.
If businesses and corporate finance professionals do not find a way to mitigate the risk of email and invoice fraud quickly, we could see twelve-figure losses in the not too distant future. That’s why we’ve created a comprehensive guide to help you reduce the risk of invoice and email fraud in 2021 and beyond.
First, we’ll take a look at the primary reasons why invoice and email fraud are on the rise, and then we’ll outline seven ways to avoid it. Like all things, protection starts by understanding the root cause.
Paymaya, the mobile money and payments provider based in the Philippines, has selected Iliad Solutions as its payments testing supplier.
Iliad Solution’s products and...