In light of the economic challenges of our times and with cyberfraud on the rise, now, more than ever, organizations from every industry, geography, and size is looking to ramp-up its capabilities in preventing payment fraud.
The key? Ensuring the secure collection, updating, and validation of vendor bank account details.
In this special session, held together with Debra R. Richardson, accounts payable thought leader and expert, we discuss:
- The optimal techniques for authenticating vendor bank details sent by email
- Best practices for manual validation processes
- How to automate the validation of bank details of both domestic and international vendors
In addition, we also showcase how you can achieve your payment fraud prevention goals with the nsKnox solution, which introduces a technology-based and automation-driven approach to payments fraud prevention.