The 3 Biggest Payment Fraud Threats and How to Mitigate Them

The email looks official, absolutely genuine.  It’s purportedly from one of your suppliers requesting that you disburse their payments to a new bank account.  An email to the sender verifies the request.  But the message isn’t legitimate.  And the email verifying the request didn’t come from an employee of the supplier.  Both the request and the verification are the handiwork of sophisticated fraudsters who impersonate suppliers and senior executives within your company.  And these types of schemes are increasingly common.  Join us for this webinar as our speakers reveal the three biggest payment fraud schemes that companies face today and best practices for mitigating your risk of fraud.

What you will learn: 

• The 3 most common payment fraud schemes
• Why employee education isn’t enough to prevent payment fraud
• Best practices for mitigating your risk of fraud

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.