Fortify Your Payments: Best Practices for Verifying Bank Account Ownership

As cyberattacks grow more sophisticated, payment fraud is skyrocketing, putting organizations at unprecedented risk.  Your accounts payable and procurement teams are on the front lines, facing threats like phishing schemes that can compromise your financial security.  This webinar will help you mitigate the risk of cyber threats targeting your payment processes. Our speakers will expose the dangers of outdated bank account verification methods, reveal best practices to protect your organization, and show how to use automation to mitigate your risk of payment fraud.  Don’t wait until it’s too late.  Secure your payments with best practices for bank account verification.

What you will learn: 

• The latest cyber threats targeting AP payments
• Vulnerabilities created by conventional bank account ownership verification
• Best practices for verifying bank account ownership
• How to leverage automation to mitigate fraud risk

Mark Brousseau
President, Brousseau & Associates 

Over the past 30 years, Mark Brousseau has established himself as a thought leader on accounts payable, accounts receivable, payments and document automation.   A popular speaker at industry conferences and on webinars and podcasts, Brousseau advises prominent end-users and solutions and services providers on how to use automation to improve document- and payments-driven business processes.  Brousseau has chaired numerous educational conferences and has served on several industry committees and boards.  He resides in Center City Philadelphia with his wife and three sons.

Phil Binkow
CEO, Financial Operations Networks

Phil Binkow is CEO of Financial Operations Networks, developer of the InvoiceInfo and VendorInfo vendor portals. In 2002, FON founded The Accounts Payable Network, the leading training, certification and best-practice resource for individuals with management responsibility for accounts payable operations. Prior to starting Financial Operations Networks, Phil was CEO of PayTECH, one of the world’s largest invoice processing and spend analysis Software-as-a-Service companies.