Delayed and late B2B payments are a global issue, but this week’s B2B Data Digest shines a spotlight on two markets that are elevating the fight against late invoice payments to small businesses. South Africa and Australia are ramping up efforts to combat payment delays,...
Business email compromise (BEC) scams continue to ravage company coffers. Indeed, the last week has seen the emergence of even more examples coming to light. Just last week, IBM cybersecurity experts uncovered a widespread BEC attack targeting players in the coronavirus vaccine supply chain. According...
The top story this week in B2B fraud was undoubtedly the issue of fraud in the Small Business Administration (SBA) small business relief program. Reports in Bloomberg said concerns continue to mount over the SBA’s $10,000 grant program, which, according to reports, provided funds “to...
The Business Email Compromise (BEC) continues to evolve. Fraudsters are adding new twists to what has become an increasingly common scam targeting businesses’ B2B payments activity. New analysis from Bank Info Security, for instance, revealed that BEC scammers have begun to target corporates’ financial documents...