Public Sector Payment Fraud: An Alarming 95% of Agencies at Risk

Payment fraud plagues the public sector, impacting an estimated 95% of agencies. Outdated tech and paper reliance are prime enablers of vulnerabilities, making taxpayer funds an easy target for fraudsters. Explore how Paymerang’s automation fortifies defenses with stringent detection, reducing manual processes, and ditching paper checks. Dive deeper in our blog.

Read More

A Guide to Payment Fraud Detection and Prevention

Payment fraud is a growing crisis for Accounts Payable (AP) departments nationwide. This quick guide explains the basics you should know about payment fraud, along with three tangible steps you can take to help your organization better mitigate the risk of payment fraud.

Read More

Remote Working, Without the Fraud Risk

Fraudsters know a good opportunity when they see one—and the recent, mass shift to remote working was an opportunity too good for them to pass up.  The Federal Bureau of Investigations, the Internal Revenue Service, and Interpol warn that phishing schemes and Business E-mail Compromise (BEC) attacks increased since the onset of the pandemic. This…

Read More

8 Best Practices for Mitigating the Risk of Payments Fraud

If it feels like your accounts payable department is under siege by fraudsters, you are not alone. Payments fraud is at an all-time high. Worse, it’s not just your checks that are at risk.  Fraudsters are using new tools and sophisticated schemes to infiltrate electronic payments to suppliers.  The good news is that eight best…

Read More

Paymerang and Kaplan Partner to Tackle Payment Fraud

How can you protect your organization against payment fraud risk? Paymerang has partnered with Kaplan, one of the world’s largest and most diverse education providers, to share more about the risk of payment fraud. In a jointly produced video, Paymerang CEO, Nasser Chanda, addresses the risk of payment fraud and what organizations can do to shield their…

Read More

Paymerang is proud to partner with VASS, VASBO, and former Virginia Governor Terry McAuliffe to address cyber security with Virginia School Superintendents and Business Officers 

From its inception, Paymerang has helped our clients fight fraud and protect their organization’s treasury. That’s why we are proud to partner with the Virginia Association of State Superintendents (VASS), the Virginia Association of School Business Officers (VASBO), and former Virginia Governor Terry McAuliffe to help Virginia’s public schools learn how they can protect their…

Read More

The Growing Threat of Payment Fraud

Fraud is a very real threat to finance departments in today’s modern world.  Do you know how to protect your business from the threat of fraud? Kroll, the leading global provider of risk and investigative services, released the 10th Annual Edition Global Fraud and Risk Report.  According to this report the incidence of fraud continued to climb.…

Read More