Fraud on the Job; 73% of Businesses Hit with Actual or Attempted Payment Fraud

Fraud on the Job; 73% of Businesses Hit with Actual or Attempted Payment Fraud

There is a good reason why everyone in business and commercial banking is talking about payment fraud. Payment fraud is becoming more sophisticated and security breaches at companies are increasing - which puts their financial institutions at risk. According to recent research conducted by the Association for Financial Professionals (AFP), 73% of business experienced actual or attempted payment fraud in 2015. Breaches within a business create increased risk for commercial banks as fraudulent transactions flow through the bank's payment systems. Anyone in financial services should have a good understanding of the state of payment fraud today.

Download our infographic to learn:

  • How payment fraud risks are increasing
  • What types of threats are growing fastest
  • How to better protect your institution



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