We’re proud to share the results from the 2023 AFP Payments Fraud and Control Report. As a sponsor of the survey for the last 15 years, J.P. Morgan is committed to helping you protect your organization from payments fraud.
You can dive even deeper into the results by joining our companion webinar, where our panel of experts will explore new fraud trends and share solutions that can help you respond to threats. We’ll discuss how new technologies have impacted fraud—and how some old ones also perpetuate it. You’ll walk away with examples of the best policies and procedures to implement in your organization.
Head of Client Solutioning, Commercial Banking, J.P. Morgan
Director, Treasury Services AFP
Payments Fraud Solutions Senior Product Manager, Commercial Banking, J.P. Morgan
Measure your organization’s fraud experiences to other companies
Payments fraud incidence
Fund recovery time
Trends in payments fraud
Uptick in Digital Fraud
Tip: Implement validation services for digital payments
Check fraud remains prevalent
Tip: Implement payee verification services with financial institutions including payee matching in check verification, to prevent fraudulent or mistaken payments.
Business Email Compromise (BEC) still ranks as a top threat
BEC remains the root cause of fraud at the majority of organizations
Top 3 ways you can combat BEC:
Three cybersecurity trends to watch out for in 2023
Nov 30, 2023
Sophisticated phishing, vishing and ransomware campaigns could be aimed at a widening field of targets – but there are things you can do to protect yourself.
Rise of the AI chatbots: More data. Greater danger.
Nov 30, 2023
Easy-to-use artificial intelligence tools may soon change our work and school lives. But they come with a host of new privacy threats. Here are some ways to help protect yourself.
4 callback do’s and don’ts to protect against BEC
Sep 28, 2023
Callbacks are essential to rooting out payments fraud. But this validation process can still go wrong. Here’s what to do—and what not to do.
It’s back-to-school season: Are you cyber prepared?
Aug 30, 2023
With a new school year on the horizon, now is a great time to make sure your family is staying as safe as possible online.
Report: Most companies will experience fraud
May 26, 2023
The 2023 AFP Payments Fraud and Control Report shows fraud remains a serious matter for virtually every business. Register now for our upcoming webinar to learn more about the report—and how to protect your organization.
How to protect against wire fraud in multifamily real estate
Feb 08, 2023
Wire fraud affects thousands of businesses each year. These tips can help protect commercial real estate investors from being scammed.
Your all-in-one guide to business email compromise
Jan 17, 2023
Protecting against BEC requires a comprehensive strategy. Use these tips and best practices to help strengthen your organization’s defenses against one of the most pervasive methods of fraud.
4 ways the public sector can prevent cyberattacks
Nov 14, 2022
Learn about the cybersecurity challenges facing federal, state and local agencies—and the steps every level of government can take to help prevent attacks.
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