Preventing payment fraud is an unrelenting game of catch-up for corporate treasury, finance, and risk management teams. Have you noticed that even as you deploy technologies and processes designed to reduce the risk of fraud, perpetrators stay a step ahead by perpetually developing innovative new attacks?
This is particularly alarming because payment fraud continues to grow increasingly prevalent. In a survey released in April, the Association for Financial Professionals (AFP) found that 80 percent of all treasury organizations experienced fraud attempts in 2023. Some of those threats were thwarted, but others were successful.
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To get a better sense of how our readers are combating fraud, and what approaches are working best, Treasury & Risk is conducting our own audience survey on the topic. Share your insights, and you'll help us build the treasury community's understanding of trends in payment fraud. Plus, if you are one of the first 100 respondents, you will also receive a $10 gift card from Amazon.
The survey is short, but participation time is limited—please respond by July 26.
We look forward to hearing your thoughts!
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