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BEC Fraudsters Eye HR Departments As Prey      

PYMNTS

The HR/finance professional focus seeks to get credentials from a high-ranking employee in a targeted firm and leverages that employee’s legitimate email account to send emails to the finance professionals to get the funds transferred. ACH in the Crosshairs, Too.

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A FinTech Reality Check: Paper Checks Need Attention

PYMNTS

Their integration comes at a time when the world of FinTech is pleading for B2B payments to ditch paper (that includes checks) and get on board with, at the very least, cards and ACH. For one, many SMEs have still not been onboarded to electronic payment rails like ACH. In fact, businesses like to pay with them.”.