Paymode-X Security Features
Get Superior Protection from AP Fraud with a solution that uses more than 300 data points and a broad range of partners to enrich data to detect fraudulent activity.
AP teams like secure payments a lot
But the Grift on Mount Fraud absolutely does not
The Grift prefers easy targets, with good reason;
With them, he can ruin our holiday season
The Grift had an idea. An awful idea.
The Grift got a wonderful, awful idea!
And quickly, he stole a supplier credential
And gathered the data he found most essential
“With this login,” he laughed, “I’m the virtual clone
Of a business they call 'Build-a-Gingerbread Home!'”
You’re a shady one, Mr. Grift!
You really are a jerk.
You’re as charming as a spider!
You are fraudulence at work!
Mr. Grift! You’re a nightmare
for an AP clerk!
And he did the same with other suppliers’ accounts
And that Grift left their payers with zero amounts
And the supplier security he saved for last,
He figured, would be just as smooth to get past
And what happened then? Well, I’ve heard them say
The Grift’s frustration grew three sizes that day
And now that his fraud didn’t come quite so easily,
He slinked away Griftily, but just as sleazily
Fraud comes without warning or ribbons or tags
Fraud comes without packages, boxes, or bags!
But be of good cheer! Cuz this season, you’ll know
How to ward off that fraud this year, banish this foe!
Yes, you and your AP team will be more fine
Protected by Paymode-X from Bottomline
making and receiving payments
successful fraud attempts on the
in B2B payments exchanged annually
"Business email compromise losses added up to $2.7 billion last year."
No holiday is safe from the BEC Bandits. That's why we're here to protect your payments.
Fraudsters are constantly crafting new schemes to trick AP into handing over critical data and misdirecting payments. Watch this On-Demand Webinar where IOFM’s Mark Brousseau and Bottomline’s Risk and Fraud Prevention Officer Chris Gerda talk through how to protect your AP team from today’s top emerging B2B payment fraud schemes.
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