In 2015, approximately £755 million was lost by financial institutions and their customers. Left unchecked, payment fraud has the potential to cause significant damage to your business and the financial ecosystem.
All financial organisations are threatened by the prospect of payment fraud, both internally and externally. With so much at stake, vigilance is a given, and as such, companies operating in the financial sector are legally required to take the necessary steps to protect themselves.
Download the financial industry sector guide to payment fraud prevention to learn how to:
With a well-managed payment fraud prevention strategy, you can radically limit risk throughout your business and reduce the losses incurred.
Can you afford to ignore the threat of payment fraud any longer?
Download the guide to get started on your payment fraud protection, and face up to fraud today!
“70% of fraud committed is due to weak internal controls.”
White PaperPayment Fraud: The Two-Faced Threat
One in five UK businesses has been a victim of fraud, and you could be one of them. In fact, if you were, it could take between 270 and 540 days before you even realised your organisation had lost money (ACFE, 2016). From here, it would take a further three months (on average) to investigate the incident and actually work out how it happened.
InfographicPayment Fraud Protection: Face up to the challenge
Payment fraud poses a serious threat to your business. But are you prepared to face up to the challenge? It’s time to uncover the truth. This infographic highlights how at risk your business might be.
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