Authenticate Vendors Before They Enroll Every vendor is checked against over 300 data points before joining the network, giving organizations confidence that payments are being sent to legitimate businesses and validated accounts. Approximately half of a typical organization's vendors are already enrolled, helping accelerate digital payment adoption and eliminating costly, time-consuming check payment processes from the mix.
Protect Against Fraudulent Account Changes Paymode uses step-up authentication to protect high-risk account changes, including multi-factor authentication, passkeys, biometrics, and AI-aided verification capabilities, which helps protect vendors and payments alike.
Monitor for Suspicious Activity The network combines AI-assisted monitoring, machine learning, risk indicators, and human expertise to identify suspicious behavior before it becomes a fraud loss. Catching fraudulent actors sooner can prevent vendors from having accounts and systems compromised, as well.
Stronger Financial Controls and Operational Resilience Commercial real estate organizations can operate in an authenticated network with reduced exposure to payment fraud and sensitive banking data, while their vendors are shielded from the damages that come with having accounts compromised and payments misdirected. That means finance leaders can focus more on working capital optimization, property performance, portfolio growth, and tenant experience instead of payment risks and inefficiencies.
79% of businesses reported being targeted by actual or attempted fraud. Source: AFP Fraud & Controls Report, 2025