Partner Session: Preventing Fraud Through a New Standard in Bank Account Change Controls

The increasing growth in fraud schemes targeting operations directly or indirectly through a vendor/supplier breach have placed companies on high alert. To better protect operations and support a resilient organization, this session reviews how to make informed decisions using the most impactful bank account change controls, a review of bank account change controls that should be avoided, the last FBI data on payment fraud and how ChatGPT is being used to automate business email compromise schemes.

Learning Objectives:

  • Learn current tactics that fraudsters are using to defraud companies and recent data on how payment fraud is accelerating.
  • Learn which bank account change controls best support fraud prevention strategies.

Presented by: Matthew Morookian, Director of Marketing - apexanalytix
Moderated by: Tom Hunt, Director, Treasury & Payments Services - AFP

This on-demand session is pre-recorded. To earn CTP/CCM and/or FPAC credits, complete the accompanying quiz and session evaluation at the conclusion of the recording. On completion you will receive your credits confirmation.

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