Three Best Practices for Avoiding Payment Fraud in 2024 | Presented by IFOL & Paymerang

Did you know over 50% of US companies were affected by B2B payment fraud in 2023? This rate is predicted to rise! No wonder over 70% of those who took part in IFOL’s annual AP Leaders Priorities research suggested that fraud prevention is high on the agenda for 2024.

In today’s digital landscape, the evolution of payment methods has introduced new vulnerabilities, making organizations susceptible to various forms of fraudulent activities. To safeguard against these threats and ensure financial security, understanding the best practices for preventing payments fraud is paramount.

Join us in this insightful webinar as we delve into the top three practices that can fortify your defenses against payments fraud in 2024. Our expert panel will share actionable strategies and tried and tested best practices that you can implement to mitigate risks effectively.

What will you take away? Three proven and easily implementable best practices which will dramatically reduce the risk of fraud in your vendor payments.