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Payments Fraud Report.pdf

afp-fraud-survey-2020-report-highlights.pdf
Preview of Payments Fraud Report
🔗 Source: jpmorgan.com
📊 Size: 2.36 MB
📄 Pages: 17 pages
⬇️ Downloads: 96

Summary

81% of companies were targets of payments fraud in 2019, with 75% experiencing Business Email Compromise (BEC) and 54% reporting financial losses as a result of BEC. Checks remain a popular payment method for business-to-business transactions, but are also the most frequently targeted by fraud, with 74% of organizations experiencing check fraud in 2019. Wire fraud is on the decline, but ACH debit and credit fraud remain significant concerns, with 33% and 37% of organizations experiencing these types of fraud, respectively.

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Description

81% of companies were targets of payments fraud in 2019, with 75% experiencing Business Email Compromise (BEC) and 54% reporting financial losses as a result...

Technical Information

  • File Format: PDF
  • File Size: 2.36 MB
  • Pages: 17
  • Language: EN
  • Total Downloads: 96
  • Last Updated: 7 days ago

Document Overview

This PDF document about Payments Fraud Report provides comprehensive information and guidance. Whether you're a beginner or advanced user, this resource offers valuable insights into Payments Fraud Report.

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