Resources Archives - nsKnox

When Fraud Comes From Within: A Deep Dive Into Insider Threats in Corporate Payments

nsKnox Team — Thu, 27 Nov 2025 14:15:07 +0000

Insider manipulation is one of the hardest payment threats to spot, because it hides behind trust, familiarity, and access. As global payment processes accelerate and attackers gain new technological advantages, even well controlled organizations are finding that traditional defenses no longer hold the line.

This in-depth eBook explores how insider-driven fraud actually unfolds in modern B2B payment environments. It breaks down the growing attack surface, the weaknesses in manual validation methods, and the ways sophisticated actors exploit both incoming and outgoing payment flows.

Drawing from real-world examples and industry data, the guide shows why a technology-driven approach is essential for preventing tampering, maintaining master data integrity, and ensuring payments reach only legitimate accounts.

Download the eBook to discover:

• Why insider manipulation has become harder to detect and easier to execute

• How attackers exploit payment systems, master data, and global workflows

• Where manual checks fall short and why outdated controls leave gaps

• The five pillars of modern, tamper-proof payment protection

• How automated, technology-based validation strengthens AP and AR operations

If you’re responsible for safeguarding payments, protecting cash flow, or reducing operational risk, this guide will give you practical clarity and a structured framework for building resilient, trust-agnostic defenses

The post When Fraud Comes From Within: A Deep Dive Into Insider Threats in Corporate Payments appeared first on nsKnox.

Vendor Bank Account Validations: The Right Validation at the Right Time

nsKnox Team — Tue, 18 Nov 2025 07:58:55 +0000

Traditional methods of bank account ownership validation are no longer enough in today’s evolving threat landscape. Many organizations still rely on easily forged banking documents and confirmation calls, creating critical vulnerabilities in vendor onboarding and payment processes.

In this session, our CEO, Nithai Barzam joined AP expert, Debra R. Richardson to explain why these approaches are failing and how the industry is entering a new era of payment security.
You will learn why existing bank account validation solutions have a limited reach when they depend solely on traditional in-network capabilities, and why additional out-of-network capabilities are required for high-value, high-risk, or cross-border payments.

The session also highlights how nsKnox’s Adaptive Payment Security solution provides the best of both worlds: rapid, low effort validation where possible and robust, high certainty when needed, validating accounts globally.

Immediate Takeaways

The Current State of Payment Fraud
Why Today’s Validation Methods Are Failing
A New Era of Bank Account Validation
Adaptive Payment Security in Action

The post Vendor Bank Account Validations: The Right Validation at the Right Time appeared first on nsKnox.

Adaptive Payment Security™

nsKnox Team — Mon, 27 Oct 2025 19:39:25 +0000

Global account validation based on authoritative data from the banking system, based on our in-network and out-of-network solutions.
Where others stop, our validation continues.

The post Adaptive Payment Security™ appeared first on nsKnox.

Rising awareness prompts investment in IT defences

nsKnox Team — Tue, 08 Jul 2025 08:00:52 +0000

Now in its third year, the 2025 Treasury Dragons + nsKnox Payment Fraud Index continues to reveal critical trends in B2B payment fraud, from the rise of deepfake-enabled attacks to the growing adoption of automated fraud defenses.

This year it reveals a worrying gap: while awareness of key fraud threats like AI impersonation is now over 60%, confidence in managing them remains stubbornly low.

📊 Awareness is growing each year—but are businesses truly prepared to respond?

More insights from the report:

73% of firms experienced at least one payment fraud attack this year
84% now use automated systems, but many underuse key fraud prevention features
Less than half of companies have a clear fraud policy in place

As fraud evolves, so must the defenses. Discover why more companies are turning to bank account certificates and automated controls to stay ahead.

👉 Download the full report to learn more.

If this content interests you – click HERE to watch our Payment Fraud Masterclass

The post Rising awareness prompts investment in IT defences appeared first on nsKnox.

Upcoming NACHA Fraud-Monitoring Rule

nsKnox Team — Sun, 29 Jun 2025 16:35:28 +0000

NACHA, the governing authority of the ACH Network, has introduced significant rule
changes aimed at strengthening fraud prevention and enhancing the ability to recover funds in the event of fraud.

These new requirements apply to all companies and public sector organizations, with compliance mandatory by June 2026.

Download this whitepaper for a deeper insight on these new regulations, and learn how
nsKnox’s PaymentKnox™ can help align with them.

The post Upcoming NACHA Fraud-Monitoring Rule appeared first on nsKnox.

The Payments Fraud Index Webinar: How AI raises the threat level for treasury – and what to do about it

nsKnox Team — Sun, 29 Jun 2025 16:23:42 +0000

The Treasury Dragons Payment Fraud Index, now in its third year, provides a unique window into how treasury teams across the globe are dealing with the growing threat of payment fraud.

In this one-hour webinar, Mike Hewitt unveils the results of this year’s survey, with insights for everyone concerned with securing AP, AR and treasury functions against theft.

Mike will be joined by Nancy Petras, Director, Global Accounts Payable and T&E at Ansys who will tell the firm’s story of experiencing fraud and going on to secure the business against future attempts, and by Nithai Barzam, CEO of nsKnox, who will share insights into how the best firms are making themselves more secure.

This webinar is essential for anyone responsible for corporate treasury, AP, AR or shared services.

If this content interests you – click HERE to read our full Payment Fraud Report

The post The Payments Fraud Index Webinar: How AI raises the threat level for treasury – and what to do about it appeared first on nsKnox.

The Parker Company Secures Global Payment Operations with nsKnox

nsKnox Team — Sun, 29 Jun 2025 14:21:54 +0000

The post The Parker Company Secures Global Payment Operations with nsKnox appeared first on nsKnox.

Inside Job: How Bad Insiders Bypass Traditional Controls

nsKnox Team — Thu, 22 May 2025 07:50:37 +0000

Internal fraud is one of the most damaging—and often overlooked—threats to organizational finances. In this webinar, nsKnox and AP expert Debra R. Richardson will discuss identifying and stopping insider fraud. You’ll gain practical guidance on manual controls you can apply immediately, and discover how PaymentKnox™ for AP automates bank account validation and protects your entire P2P process.

Key takeaways include:

How insiders bypass payment controls
Immediate internal fraud prevention tactics
The annual audit every organization should perform
How automation enhances detection and reduces human risk

The post Inside Job: How Bad Insiders Bypass Traditional Controls appeared first on nsKnox.

Strategic Treasurer Webinar

nsKnox Team — Tue, 25 Mar 2025 11:13:29 +0000

Criminals are becoming increasingly sophisticated in their attempts to defraud corporations – and both banks and businesses must stay one step ahead to protect their payments and accounts.

That’s why Strategic Treasurer and nsKnox have teamed up for this fast-paced, insightful webinar that dives into the criminal playbook – and explores the next-generation defenses that can stop them in their tracks.

In this webinar, we will:

Uncover the tactics and tools criminals are using to commit payments fraud today
Explore key techniques from the defenders’ playbook, including enhanced control over bank letters and expanded positive payment services
Share real-life case studies to demonstrate how these methods are used in practice
Highlight the evolving roles of banks and corporates in strengthening their security posture

This session is ideal for finance, treasury, and AP professionals looking to build a deeper understanding of how to reduce vulnerabilities and proactively combat payment fraud.

We’ll hear from:

Craig Jeffery, Founder and Managing Partner of Strategic Treasurer, will walk us through the evolving threat landscape and defense strategies.
Nithai Barzam, CEO of nsKnox, will share practical insights on how to protect corporate funds with advanced fraud prevention techniques.

The post Strategic Treasurer Webinar appeared first on nsKnox.

BabcockPower Sets New Standards with Advanced B2BPayment Security

nsKnox Team — Thu, 16 Jan 2025 06:01:58 +0000

Implements nsKnox PaymentKnox™ Platform for Global Treasury & AP to Prevent B2B Payment Fraud

The post BabcockPower Sets New Standards with Advanced B2BPayment Security appeared first on nsKnox.