Date: Thursday, September 19, 2024
Time: 11am ET | 8am PT
Sponsored by: LSEG Risk Intelligence & Early Warning Services, LLC
B2B payment fraud is increasing in complexity and frequency. In fact, 62% of treasury professionals acknowledged their company has faced a payments fraud attempt, according to a recent survey conducted by Treasury & Risk with LSEG Risk Intelligence and Early Warning. Even more concerning, 98% of those who experienced fraud noted that the frequency has either increased or remained the same compared to the previous year. In this webcast, we'll explore how B2B payment fraud is impacting US treasury and finance professionals and present data on the latest trends surrounding fraud risk.
You will gain insights into:
- The current landscape of US payment fraud: Understanding the prevalence and increasing trend of payment fraud across industries.
- Why payment fraud is a growing concern for businesses: Examining the broad-based impact of fraud, from financial losses to operational and reputational damage.
- The wide-ranging impacts of fraud on organizations: How fraud infiltrates the entire customer lifecycle and the risks during critical events like account changes.
- Different fraud prevention methods to protect your company: Exploring multi-dimensional approaches and investments being made to detect and prevent fraud effectively.