PaymentWorks Overview

74% of companies reported they were the target of an attempted or successful payments fraud attack in 2020. 62% of the time these incidents stemmed from business email compromise as fraudsters pretended to be someone else – often an existing vendor –

in the hopes of changing vendor bank account credentials. As a result, AP departments were the most vulnerable to being targeted with more than 60% of the attacks directed at them.

To alleviate the massive burden on AP and treasury departments, PaymentWorks is offering what no one else in the industry can – a B2B ACHpayments security guarantee.