From startups to legacy brands, you're making your mark. We're here to help.
Key Links
Prepare for future growth with customized loan services, succession planning and capital for business equipment.
Key Links
Institutional Investing
Serving the world's largest corporate clients and institutional investors, we support the entire investment cycle with market-leading research, analytics, execution and investor services.
Key Links
Providing investment banking solutions, including mergers and acquisitions, capital raising and risk management, for a broad range of corporations, institutions and governments.
Key Links
A uniquely elevated private banking experience shaped around you.
Whether you want to invest on your own or work with an advisor to design a personalized investment strategy, we have opportunities for every investor.
Explore a variety of insights.
Key Links
Insights by Topic
Explore a variety of insights organized by different topics.
Key Links
Insights by Type
Explore a variety of insights organized by different types of content and media.
Key Links
We aim to be the most respected financial services firm in the world, serving corporations and individuals in more than 100 countries.
Key Links
Digital payments, social engineering and business email compromise (BEC) are all payments fraud trends on the rise. Read on to explore the latest insights from the Association for Financial Professionals (AFP) 18th Annual Payments Fraud Survey that details these trends with tips to keep your organization safe.
Fraud is a significant threat, and new trends are emerging. Fraud remains a major problem:
These types of fraud are increasing and intensifying:
Actions to mitigate fraud:
Data lake
Proactive and reactive measures
Regularly look at anomalies – uncover undetected patterns
Fraudsters are innovating around digital payments
As settlement speeds accelerate, new fraud types will emerge, creating a need for corresponding fraud prevention tooling for Real Time Payments (RTP)
ACH debit and credit fraud attacks are rising
Tips to block same-day ACH debit and credit fraud:
Social engineering is a growing challenge
A trend on the rise
A 14% increase over the 2021 report1
Avoid social engineering:
Business Email Compromise remains a substantial threat
In 2021, BEC was the source of the majority of payments fraud attempts and attacks
Top ways you can combat BEC:
1. Implement company policies for providing appropriate verification (e.g., contact information from a system of record) before making any changes to existing information
2. Confirm requests for any transfer of funds by executing a callback to an authorized contact at the payee organization using a phone number from a system of record
3. Use real-time tools in order to detect both mismatches from expected counterparty information while simultaneously authenticating the counterparty wherever possible
Educate employees on BEC threats and how to identify email scams
Fraud mitigation components must work together to battle these ongoing and emerging threats.
1InstaMed Trends in Healthcare Payments Annual Report
For more fraud insights visit: jpmorgan.com/fraudprotection
View the full Association for Financial Professionals 18th Annual Payments Fraud Survey results here.
Contact your local J.P. Morgan representative to learn more about trends in payments fraud and cybersecurity threats.
All rights reserved. The statements herein are confidential and proprietary and not intended to be legally binding. Not all products and services are available in all geographical areas.
Visit jpmorgan.com/paymentsdisclosure for further disclosures and disclaimers related to this content.
Payments
Oct 03, 2023
With the power of today’s digital technology, many businesses are embracing third-party money (3PM) commerce opportunities. The question is: Can they also reap the benefits of managing 3PM through advanced liquidity techniques such as notional pooling?
Payments
Sep 14, 2023
Innovation, optimization and integration: at EuroFinance 2023, J.P. Morgan will be discussing how to navigate the new world of corporate treasury functions. Join our specialist speakers to explore how treasurers can become empowered to tackle new and complex challenges in order to add value – and resilience – to their organization.
Payments
Sep 13, 2023
As financial institutions continue to migrate towards the adoption of ISO 20022 messaging standards, J.P. Morgan has outlined when it will be able to receive and send specific messaging types through Swift's FINplus platform.
Payments
Sep 13, 2023
Gain a deeper understanding of M&A holdback escrows and how they are being used based on data from more than 2,600 transactions.
Payments
Sep 12, 2023
By improving efficiency, accounts payable teams can play a key role in maximizing their organization’s working capital and overall efficiency.
Payments
Aug 28, 2023
AI, fintech and collaboration across the region: at FINNOSUMMIT 2023, J.P. Morgan will be discussing and demonstrating how payments can drive greater integration, collaboration and opportunity within your organization, anchoring new ways of doing business.
Payments
Aug 25, 2023
HCL utilized a global Early Payment Program (EPP) to accelerate supplier payments and optimize working capital.
Payments
Aug 21, 2023
Enterprise-grade payments for financial institutions: at Sibos 2023, J.P. Morgan Payments will be discussing embedded banking, cross-border payments and smart finance. Robust enough to handle the needs of FIs of all sizes, we are uniquely positioned to create and scale your organization’s mission-critical payments infrastructure.
You're now leaving J.P. Morgan
J.P. Morgan’s website and/or mobile terms, privacy and security policies don’t apply to the site or app you're about to visit. Please review its terms, privacy and security policies to see how they apply to you. J.P. Morgan isn’t responsible for (and doesn’t provide) any products, services or content at this third-party site or app, except for products and services that explicitly carry the J.P. Morgan name.