nsKnox

Instant and Automated Payments Make Tempting Targets for Fraud
Instant and Automated Payments Make Tempting Targets for Fraud
November 07, 2022  |  Security & Fraud

Faster B2B payments, back-office automation and alternative payments are all advancing rapidly, but these advances are creating new opportunities for fraudsters, so expect the innovation...

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PYMNTS Intelligence: Confronting the Challenge of B2B Payments Fraud
PYMNTS Intelligence: Confronting the Challenge of B2B Payments Fraud
November 04, 2022  |  B2B Payments

Fraud is a concern on the minds of many corporate decision-makers at present, and with good reason: Nearly half of the organizations worldwide experienced some...

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One-Third of Cybercrime Losses Stem From Compromised Business Email
One-Third of Cybercrime Losses Stem From Compromised Business Email
November 03, 2022  |  B2B Payments

When criminals impersonate company executives or business partners to deceive employees into diverting funds their way, that’s business email compromise (BEC). It is also the...

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Can Reputational Costs From B2B Payments Fraud Eclipse Financial Losses?
Can Reputational Costs From B2B Payments Fraud Eclipse Financial Losses?
November 03, 2022  |  B2B Payments

An interview with Pablo Molina, former chief information officer and vice president of IT at Georgetown University and current chief information security officer at Drexel...

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Automating Digital Identity Boosts Business Satisfaction With Fraud Tools
Automating Digital Identity Boosts Business Satisfaction With Fraud Tools
November 01, 2022  |  B2B Payments

Corporate fraud and corruption have risen since 2020, as the digital transformation that accompanied the pandemic opened new opportunities. New channels for workflows have left...

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5 Ways to Assess How Vulnerable You Are to B2B Payments Fraud
5 Ways to Assess How Vulnerable You Are to B2B Payments Fraud
July 08, 2022  |  B2B Payments

Organizations face numerous threats concerning B2B payments processing as bad actors look for ways to alter banking information and redirect B2B payments into the wrong...

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Auto Verification of Bank Account Owners Is Key to Sanctions Compliance
Auto Verification of Bank Account Owners Is Key to Sanctions Compliance
May 27, 2022  |  Regulation

Sanctions have been dominating headlines. Nithai Barzam, COO of nsKnox, a corporate payment security company, told PYMNTS’ Karen Webster that beyond the sanctions that have...

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Collaboration Lowers Risk of B2B Payments Fraud
Collaboration Lowers Risk of B2B Payments Fraud
May 20, 2022  |  B2B Payments

The transition of employees to working from home has made critical business systems and processes more vulnerable to attack, resulting in an increase of B2B...

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Digitization, Automated AP Help Reduce B2B Payments Fraud
Digitization, Automated AP Help Reduce B2B Payments Fraud
March 28, 2022  |  B2B Payments

Cybercriminals now operate on a wide scale, and they use a variety of sophisticated tactics to compromise security measures and commit B2B payments fraud. The...

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