How Real-Time Bank Account Validation Helps Prevent Supplier Fraud скачать в хорошем качестве

How Real-Time Bank Account Validation Helps Prevent Supplier Fraud

Supplier bank fraud is rising fast, and the recent Baltimore City case proves how costly it can be. Fraudsters convinced staff to change a supplier’s bank account, leading to a $1.5M loss. With AI making scams faster and harder to detect, outdated manual processes put organizations at risk. In this video, Joe Altieri explains how Trust Your Supplier (TYS) helps prevent supplier payment fraud with safeguards like: -Real-time bank account validation and ownership checks -Alerts when bank details don’t match supplier records -Continuous monitoring of supplier financial health and behavior -A centralized system to manage the entire supplier lifecycle Don’t wait until fraud drains your budget. Download our Fact Sheet: https://hubs.ly/Q03G2TnP0 Download our Supplier Bank Fraud Prevention Whitepaper to learn strategies for protecting your payments → https://hubs.ly/Q03GVyf30 Trust Your Supplier gives procurement, compliance, and finance teams the tools to stay ahead of fraud, reduce risk, and safeguard supplier payments.