Remove Compromise Remove Counterfeit Check Remove Positive Pay
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Business Email Scams Spin Even Wider Webs

PYMNTS

If the Business Email Compromise (BEC) scam isn’t on the radar of every corporate finance executive, it certainly should be. “We discovered counterfeit checks and ACH debit fraud on an account that did not have Positive Payee feature or ACH debit block because of the urgency to open account,” one survey respondent recalled.

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