ACH and Business Email Compromise

Eftsure Joins Nacha as Preferred Partner to Strengthen ACH Payment Security

Trade Credit & Liquidity Management

JULY 9, 2025

From a Press Release dated July 2, 2025, Reston, VA Eftsure, a global leader in payment fraud prevention, has been named a Nacha Preferred Partner, joining a select group of technology providers recognized for advancing the ACH Network. Nacha governs the ACH Network, which processed 33.6 This expansion empowers U.S.

NACHA

NACHA ACH ACH Network Nacha Operating Rules

How Financial Institutions Can Combat Business Email Compromise (BEC)

Fi911

JUNE 9, 2025

Banks and credit unions face a perfect storm of attractive targets, sophisticated attackers, and mounting regulatory scrutiny that makes BEC prevention a critical priority. Understanding BEC Attack Vectors in Banking Modern BEC attacks against financial institutions follow predictable patterns.

Email Compromise

Email Compromise Business Email Compromise Compromise Law Enforcement

New Nacha Rules Take Aim at Credit-Push Fraud

NACHA

MARCH 17, 2024

HERNDON, Virginia, March 18, 2024 – Nacha members have approved a set of rules intended to reduce the incidence of frauds, such as business email compromise (BEC), that make use of credit-push payments. The new rules establish a base-level of ACH payment monitoring on all parties in the ACH Network (except consumers).

Credit Push

Credit Push NACHA Nacha Rules Rules

BEC Scammers Embrace Coronavirus Opportunity

PYMNTS

APRIL 13, 2020

B2B payments are far from immune to fraud, and in this week’s B2B Data Digest, the business email compromise (BEC) scam reigns. Indeed, only days later, Europol announced an arrest into one BEC scam involving the procurement of personal protective equipment (PPE).

Business Email Compromise

Business Email Compromise Email Compromise Scams Law Enforcement

BEC Tops Fraud Attempts Against Treasurers: Survey

PYMNTS

APRIL 7, 2020

The 2020 Association for Financial Professionals (AFP) Payments Fraud and Control Survey underwritten by JPMorgan found that business email compromise (BEC) was the most noted origin of tried or actual fraud incidents in 2019, according to an announcement. ACH payment methods also seem to be of greater interest to scammers.

Business Email Compromise

Business Email Compromise Email Compromise AFP Compromise

BEC Fraudsters Eye HR Departments As Prey

PYMNTS

APRIL 12, 2019

Thus, business email compromise fraud (BEC) is evolving too. As reported in darkreading.com, the gangs using BEC – new gangs and seasoned gangs – have recently been targeting human resource and finance professionals to grab direct deposit payroll information to siphon off funds. ACH in the Crosshairs, Too.

Business Email Compromise

Business Email Compromise AFP ACH Email Compromise

Business Email Scams Spin Even Wider Webs

PYMNTS

JULY 25, 2018

If the Business Email Compromise (BEC) scam isn’t on the radar of every corporate finance executive, it certainly should be. The 2018 report, sponsored by JPMorgan , finds fraudsters are spinning their BEC webs even broader, targeting new channels of business transactions.

Scams

Scams Business Email Compromise AFP Wire Transfer

With Same-Day ACH, You’d Better Have Same-Day Fraud Detection

PYMNTS

MAY 7, 2018

With Same-Day ACH now a reality in the U.S., In its analysis of the Same-Day ACH rollout, NACHA found no evidence that it led to an increase in fraud attempts or successful breaches. That doesn’t mean that fraud linked to ACH transactions is nonexistent, however. FIs are kept on their toes to mitigate this risk.

Same Day ACH

Same Day ACH Fraud Detection ACH NACHA

Will Same Day ACH Rollout Spark A Fraud Spike?

PYMNTS

SEPTEMBER 9, 2016

With the Same Day ACH rollout coming in just two weeks and other faster payments initiatives taking off, financial institutions are taking significant steps to ensure the transition to a faster processing environment, including improving their payment security platforms to keep fraudsters at bay. Impact On Same Day ACH Rollout.

Same Day ACH

Same Day ACH ACH ODFI Faster Payments

Corporate Payments Fraud Jumps Despite Stronger Internal Controls

PYMNTS

APRIL 10, 2019

However, instances of the business email compromise scam continued to climb, with 80 percent of companies surveyed reporting they were targeted by a BEC scam, up from 77 percent in 2017. Firms with revenue below $1 billion actually saw a decrease in fraud attempts in 2018, from 73 percent in 2017 to 69 percent last year. ”

AFP

AFP Scams Email Compromise ACH

Phishing Scam Masquerades As Square To Target Businesses

PYMNTS

JULY 30, 2018

A recent warning from the Federal Bureau of Investigation revealed that business email compromise (BEC) scams have now led to $12 billion in diverted funds.

Phishing

Phishing Scams Business Email Compromise Email Compromise

Faster Payments, Open Banking Should Keep Treasurers On High Alert

PYMNTS

JANUARY 9, 2019

Among the most prevalent is the Business Email Compromise (BEC), a type of social engineering attack that received significant attention last year. The Federal Bureau of Investigation (FBI) has now pegged total losses to BEC scams at $12 billion across 150 countries, marking a 136 percent rise in BEC cases between December 2016 and May 2018.

Faster Payments

Faster Payments Business Email Compromise Treasury Real Time Payments

From The Phone To Email: How Scammers Hit SMBs

PYMNTS

OCTOBER 15, 2018

It’s a twist on the business email compromise (BEC) scam that typically involves scammers emailing business owners and seeking payment via wire transfer, ACH or paper check. “No legitimate business or utility will call you and ask you to make a payment using a Green Dot card,” AG Frosh said in a statement.

Ransomware

Ransomware Online and Mobile Banking Small Business Scams

How Faster Payments Demands Faster Reactions Against B2B Payments Fraud

PYMNTS

MAY 3, 2017

NACHA may have assured some banks that Same Day ACH hasn’t led to an increase in payments fraud, but concerns remain widespread about how the initiative and other faster payments efforts will reduce the window of opportunity for FIs to detect and prevent an incident.

Faster Payments

Faster Payments B2B Email Compromise Same Day ACH

AscendantFX Makes The Case For Wire Transfer

PYMNTS

OCTOBER 10, 2018

When it comes to business-to-business (B2B) transactions, paper checks are often the villain, cards an expensive but quick underdog, and ACH and its non-U.S. “Not every country has an ACH-compatible option, so wires as a payment method are still necessary for cross-border payments.” Thieves attempted to steal $5.3

Wire Transfer

Wire Transfer Wires Wire Cross-Border

Breaking Down The Data Behind Record Levels Of B2B Payments Fraud

PYMNTS

APRIL 14, 2017

Plus, he added, even if a buyer wants to adopt those changes, often a supplier won’t want to accept an ACH or another electronic payment form. But there are other ways the AFP found businesses are exposed to payments fraud, most notably through the BEC scam. Thus, checks stay in the enterprise — and check fraud grows.

AFP

AFP B2B Business Email Compromise Email Compromise

Treasurers Overconfident On Cyber Defenses

PYMNTS

APRIL 30, 2018

Fraudsters can automate the process by which they infiltrate email accounts and learn to speak like a CEO or CFO to initiate a fraudulent wire transfer, a scam known as the business email compromise (BEC). More than a fifth of companies said they cannot detect ACH or wire fraud before it leaves their companies.

Email Compromise

Email Compromise Ransomware Treasury Wires

Best Of 2018 Data Drivers: Fraudsters, Gig Workers And B2B By The Numbers

PYMNTS

DECEMBER 24, 2018

He described this as a “group of both business email compromise , BEC as it’s called, or CEO fraud.”. That seems to be changing, as 47 percent of businesses are using same-day ACH credit. And, as of now and looking ahead, among the more prevalent criminal methods focused on business, according to Divitt: new relationship fraud.

Financial Crimes

Financial Crimes B2B Real Time Payments Crime