3 Real-Life B2B Payment Fraud Examples & What AP Can Learn From Them
November 3, 2022 | 2:00 - 3:00 PM EST
It’s not hard to find stories about the devastating impact of accounts payable fraud. Fraudsters are becoming ever more resourceful and constantly crafting new ways to get ahold of critical data. AP teams that understand these scammers’ tricks, however, are much more capable of spotting and preventing attacks. In this live webinar you’ll explore:
- The State of B2B Payment Fraud – A look at the data
- Cautionary Tales – 3 real-life examples of payment fraud attacks
- Actionable Tips – 5 ways to prevent AP payment fraud
Fraudsters are working harder, but you can work smarter. Learn from these 3 examples and stop AP Payment fraud in its tracks.
President, Brousseau & Associates
Over the past 26 years, Mark Brousseau has established himself as a thought leader on accounts payable, accounts receivable, payments and document automation. A popular speaker at industry conferences and on webinars and podcasts, Brousseau advises prominent end-users and solutions and services providers on how to use automation to improve document- and payments-driven business processes. Brousseau has chaired numerous educational conferences and has served on several industry committees and boards. He resides in Center City Philadelphia with his wife and three sons.
Risk and Fraud Prevention Officer at Bottomline Technologies
Christopher Gerda serves as the head of risk and fraud prevention overseeing the Paymode-X B2B payment network. He is responsible for the overall anti-fraud strategy and technology initiatives to maintain the security of $200 billion in payments within the 450,000+ network membership base.
Prior to joining Bottomline, Chris served as the Bank Secrecy Act Manager at Pershing LLC, the largest Broker-Dealer Clearing Firm in the United States. He has managed investigations of complex financial crime schemes and money laundering internationally and previously served in a senior investigative role in Anti-Money Laundering at the Bank of New York Mellon. Chris is a former police officer and is a United States Army Veteran. He holds a B.S. in Criminal Justice for Plymouth State University and a M.S. in Fraud and Forensics from Carlow University and is a frequent presenter on payment and financial fraud.