Remove AFP Remove Compromise Remove Credential
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BEC Fraudsters Eye HR Departments As Prey      

PYMNTS

Thus, business email compromise fraud (BEC) is evolving too. 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.

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A FinTech Reality Check: Paper Checks Need Attention

PYMNTS

In what has become a highly cited statistic from the Association for Financial Professionals (AFP), there was actually 1 percent increase in the use of paper checks for B2B payments between 2013 and 2016. And the way the world of B2B payments works today is very often with paper checks. In other words, every payment rail has its challenges.

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