End-to-end B2B payment fraud protection for Corporates and Banks

" We came into this knowing we needed to centralize and better secure our vendor validation process—we needed a partner that understood the operational realities of a business like ours. What stood out with nsKnox was how practical and methodical the implementation was. They worked closely with our finance and procurement teams, and the solution was integrated without disrupting our workflows. It’s made day-to-day tasks like bank detail verification and vendor data management more straightforward and less time-consuming, and allowed us to focus on running projects, not chasing paperwork."

"At BabcockPower’s finance team, we recognized the critical importance of protecting our payments and proactively sought a robust, technology-based solution that will eliminate the need to rely on manual processes, which are errorprone. Our search quickly led us to nsKnox, whose automated, deterministic validation process has been instrumental in safeguarding our financial operations. We highly value their expertise and the advanced security measures they provide, which have been pivotal in maintaining the integrity of our vendor relationships and preventing fraud."

"nsKnox’s technology and experienced analyst team proved to us their worth by blocking a fraudulent attempt to steal funds using a false request to change a vendor’s banking details."

"nsKnox plays a vital role in our best practices. Prior to releasing payment files to our bank, we leverage the nsKnox portal to scan the payment instructions ensuring they match what’s in the database. Any discrepancies are highlighted, allowing us to correct the instructions or investigate for potential fraud prior to the bank releasing the payment. We highly value the PaymentKnox platform and emphasize its importance by ensuring all employees are aware of the process we have with nsKnox and understand its role in our company’s payables process."

"We needed an automated technological solution to overcome a traditional problem - Relying on void checks and callbacks to validate an account to which you are about to send a considerable amount of money. We needed to do so for 30 sites worldwide, which is no small feat.

We saw results from nsknox very quickly - We were able, for the first time, to validate accounts in any country we operate in, and we realized that the continuous validation of the accounts in the ERP system is important for keeping the integrity of the accounts' details. The decision to launch the technology in all sites was a natural next step for us."

"Handling high value fund transfers and payments is an integral part of our business. We were looking for a resilient solution against potential payment process vulnerabilities and decided to partner with nsKnox. Before nsKnox, our fund transfer approach was largely manual. While our team was diligent in reviewing each transaction, it was evident that an advanced layer of security was essential. nsKnox's PaymentKnox™ not only seamlessly integrates with our systems but also serves as a critical gatekeeper for all high-value transactions, ensuring they are authenticated, verified, and safe."