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If you’re wondering how vendor impersonation fraud grew to become the big problem it is today, consider all that an accounts payable department has to deal with. “We have a statistic that if you have 10,000 vendors, that 50% of those are going to change …
No one at a financial institution wakes up one morning and decides to start originating ACH payments. There’s a lot that goes into it, as Sunrise Family Credit Union can attest. In fact, their board had long wanted SFCU to become an Originating Depository …