Payments Fraud Resource Center
As the world's largest treasury management services provider and a leader in first-to-market solutions, we are committed to helping inform and educate organizations on fraud practices at work in the financial system, both paper and electronic. Our Resource Center is a unique micro site where organizations of all sizes and industry categories can learn about the latest developments in fraud-fighting and how they can help safeguard their organizations.
Even with stricter controls and new security advancements, businesses saw an increase in payments fraud in 2013. Changing technology means evolving opportunities for criminals—who are becoming more sophisticated than ever in their schemes and approaches.
While checks remain the method of payment most frequently targeted by fraudsters, credit and debit card fraud increased as well, jumping nearly one-third from 2012 to 2013.
The Association for Financial Professionals (AFP) 2014 Payments Fraud and Control Survey serves as an important tool in understanding potential risks as well as preventive measures for your business.
Clearly, no organization today can afford to be without protection.
While the economic world becomes more complex, our new technology, considerable experience and streamlined implementation processes make cutting-edge fraud protection simple to put in place-and effortless to manage from a company's point of view. It's automatic, effective, proven.
Knowledge is power. Only with accurate and up-to-date knowledge of fraudster practices and the products and services available to combat them can organizations implement the internal procedures and external security services that will protect valuable assets. As we continue to invest in the technology, tools and expertise that companies need to prevent fraud attacks, we invite you to rely on J.P. Morgan for accurate and up-to-date news and information and a complete arsenal of fraud-fighting tools that can keep your organization safe from payments fraud.