End-to-end B2B payment fraud protection for Corporates and Banks
Holistic payments protection
nsKnox’s PaymentKnox™ suite, an end-to-end payment protection solution, provides bulletproof security for financial transactions, protecting both the outgoing and incoming payments within your organization. It seamlessly replaces existing manual processes with an automated, highly secured approach tailored to eliminate fraud by providing deterministic and verifiable bank account validation and master data protection.
PaymentKnox™ provides two tailored solutions: PaymentKnox™ for AP and PaymentKnox™ for AR, specifically designed for corporate clients.
Our newest addition, PaymentKnox™ for Banks, is designed for banks and their corporate clients, ensuring comprehensive and reliable protection against fraudulent transactions.
PaymentKnox™ for Accounts Payable
PaymentKnox™ for Accounts Receivable
PaymentKnox™ for Banks
Trusted by leading global brands
Helping thousands of organizations worldwide prevent payments fraud.
Since 2022, nsKnox has proven to be an invaluable partner. Their customer service team consistently provides exceptional support and remains
responsive to our feedback. Most recently, they launched Quick Check, a new solution designed to accelerate supplier onboarding.
Although we have only been using this tool for a short time, early results indicate that it will become a critical resource for quickly gathering
intelligence on suppliers requiring expedited setup. Knowing that our organization is protected—and that nsKnox continues to stay ahead of
emerging fraud threats—gives us both confidence and peace of mind.
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 error prone. 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."
Avoid the damage
at > $1B were hit by payments fraud
fraud in 2020
a single incident
Prevent every type of payment fraud
Social engineering
- Business email compromise (BEC)
- Email account take over
- Deep fake AI
Cyberattacks
- Credentials theft
- ERP attacks
Deepfake AI
- Identity fraud
- Social engineering scams
- Information manipulation
Insiders
- Bypassing controls
- Covering traces
Unparalleled protection
Prevent manipulation
through detection & alerting to discrepancies in data and transactions
Eliminate manual process errors
with an automated approach to payments protection
Avoid damage to finances
caused by fraud against accounts payable and accounts receivable
FAQs
What does nsKnox do?
nsKnox is a fintech-security company that prevents B2B payment fraud for corporations and banks. We validate any bank account, anywhere in the world, before payments are made, ensuring every dollar goes to the intended recipient, not a fraudster.
nsKnox offers two product families:
- PaymentKnox™ for Corporates – protects both outgoing (AP) and incoming (AR) payments for finance teams
- PaymentKnox™ for Banks – a fraud protection service banks offer to their corporate clients
What types of payment fraud does nsKnox protect against?
nsKnox protects against every major category of B2B payment fraud, including:
- Business Email Compromise (BEC) – fraudsters impersonating suppliers or executives via hacked or spoofed email
- Deepfake AI attacks – voice and video cloning used to impersonate authorized personnel
- Vendor impersonation – fraudsters pretending to be a supplier to redirect payments
- Social engineering – manipulation of AP staff to change bank account details
- Insider fraud – employees with access to finance or ERP systems making unauthorized changes
- Cyberattacks on ERP systems – direct attacks that alter vendor master data
Example: A fraudster sends an email impersonating a supplier, requesting a bank account change. Without nsKnox, your AP team may process it. With nsKnox, the new account is validated against authoritative banking data before any payment is released – and if it doesn’t check out, the payment is flagged.
Who is nsKnox for?
nsKnox serves organizations from all industries that send or receive B2B payments and want to eliminate fraud risk. This includes:
- CFOs and Treasurers seeking to reduce financial risk and ensure compliance
- Accounts Payable (AP) teams managing outgoing vendor payments
- Accounts Receivable (AR) teams protecting incoming payments
- Data Management teams responsible for vendor master data integrity
- Banks looking to offer advanced fraud protection to their corporate clients
nsKnox is trusted by leading global brands across industries including manufacturing, financial services, insurance, and technology.
How is nsKnox different from other payment fraud prevention tools?
nsKnox is the only provider that can validate any bank account, anywhere in the world — including accounts that are outside its partner network, using unique technology & methodology. Key differentiators include:
- Complete global coverage – unlike competitors limited to their own database or partner network, nsKnox uses Knox Verify™ to validate out-of-network accounts by going directly to the banking system
- Authoritative data – validation is based on data from the banking system itself, not just third-party databases which can be inaccurate or outdated
- Three-layer AP protection – account validation, master data monitoring, and payment transaction scanning work together
- Patented Cooperative Cyber Security™ (CCS) technology – mathematically prevents fraudsters from tampering with stored payment data
Where others stop, our validation continues.
Learn more at nsknox.net/adaptive-payment-security
Does deployment require IT work or process changes?
It depends on how you choose to integrate:
- SaaS portal – zero IT effort, no process changes required. Teams can start using nsKnox immediately via the portal.
- Automated file transfer – minimal IT effort, compatible with most ERP systems
- Direct ERP API integration – deeper integration with all major ERP systems like SAP or Oracle, requiring some IT involvement
All three options are designed to work either alongside or embedded into your existing workflows without disruption.
How much does payment fraud actually cost?
The scale of the problem is significant:
- 83% of companies with revenues over $1B have been hit by payment fraud
- A single incident can result in losses exceeding $100M
- Losses include not just stolen funds, but also regulatory fines, reputational damage, and recovery costs (for example, New NACHA rules)
nsKnox significantly minimizes this exposure by ensuring payments are only made to validated, authorized recipients. Learn how
Let’s talk to see if our solution meets your needs
nsKnox is a fintech-security company, enabling corporations and banks to prevent fraud and ensure compliance in B2B Payments. Founded and led by Alon Cohen, Founder & former CEO of CyberArk (NASDAQ: CYBR), nsKnox solutions help organizations avoid significant financial losses, heavy fines, and reputational damage.
Leveraging its patented Cooperative Cyber Security™ (CCS) and groundbreaking Bank Account Certificate™ technology, nsKnox’s solutions detect and prevent finance & ops infrastructure attacks, social engineering, business email compromise (BEC), insider-fraud and other Advanced Persistent Fraud attacks.