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

Mitigate the increasing risk of fraud with a technology-driven approach that assures payments are made to validated accounts only.

Avoid the damage

56 %

of companies with revenues
at > $1B were hit by payments fraud

$ 20 B

lost to payment
fraud in 2020

>$ 20 M

can be lost in
a single incident

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™ for Accounts Payable

a technology-driven approach that enables organizations to validate any account anywhere in the world and continuously verify that the master vendor data at rest is validated and authorized.

PaymentKnox™ for Accounts Receivable

enables your organization to register all incoming bank accounts and securely share them using the nsKnox fraud-proof Bank Account Certificate, which replaces outdated methods to confirm the ownership of an account.

PaymentKnox™ for Banks

a secured SaaS platform that applies three layers of robust protection that goes far beyond signatory rights while protecting the corporate client and the bank.

Helping thousands of organizations worldwide prevent payments fraud

"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."

"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."

"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."

Let’s talk to see if our solution meets your needs

It’s powerful and easy, with no effort from IT and no changes to current processes are required.