PYMNTS

MAY 7, 2018

That doesn’t mean that fraud linked to ACH transactions is nonexistent, however. In corporate payments, while fraud is typically linked to wire and checks , the rise in Business Email Compromise (BEC) and account takeovers means ACH fraud is a growing threat, same-day or not.

Same Day ACH 47

Same Day ACH Fraud Detection ACH NACHA 47

PYMNTS

NOVEMBER 13, 2019

Wardwell took note of the rising incidence of business email compromise (BEC) and other fraud attempts on businesses. Wardwell identified transformative technologies for AP such as artificial intelligence (AI), enhanced mobile capabilities and better fraud detection processes.

Automation 46

Automation API Payment APIs and Integration Email Compromise 46

PYMNTS

NOVEMBER 9, 2017

Separate research released in April by the Association for Financial Professionals in its 2017 AFP Payments Fraud Survey found that corporate payments fraud is now higher than ever, with analysts citing a “dramatic” increase in fraud compared to levels seen in 2015.

Risk Management 43

Risk Management Risk Treasury AFP 43

FICO

APRIL 29, 2022

While fraud rates over ACH remain small, just four basis points (.04%), 04%), NACHA officials say business email compromise attempts are on the upswing – just as they are across every channel. How FICO's Fraud Detection Capabilities Can Help Your Organization Fight Retail Payments Fraud.

Retail Payments 52

Retail Payments Zelle Romance Scams Consumer 52

The Payments Association

FEBRUARY 17, 2025

This access is often exploited for malicious campaigns, such as reading sensitive emails, altering mailbox rules, or initiating business email compromise (BEC) schemes to target external recipients in the victims network.

Phishing 88

Phishing Multifactor Authentication Authentication Credential 88