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2 results related to "B2B Payments"
AFP Report Finds Check Fraud on the Rise
… the number of organizations reporting attempted or actual payments fraud rose considerably in 2023, new research found. The “2024 AFP Payments Fraud and Control Survey Report” showed the number … Executive Vice President, ACH Network Administration. “B2B volume on the ACH Network climbed almost 11% last year, …
FBI and AFP Reports Warn Business Email Compromise Remains a Threat
… and personal email accounts and a request to send wire payments to fraudulent bank accounts.”  “More recently, … shift from checks to electronic for business-to-business (B2B) payments. Nacha earlier reported an 11.8% increase in B2B volume on the ACH Network from 2021 to 2022.  Checks …