- Fraud is when a third party attempts a transaction not authorized by the cardholder. Those unauthorized attempts are typically made with a lost, stolen or counterfeit card or with stolen account information.
- J.P. Morgan Commercial Card employs preventative practices to help identify fraud, notify and support cardholders. It is the cardholder’s responsibility to review statements, respond to any alerts, and raise concerns within 60 days of transaction post date.
Fraud is on the rise. There has been a 600% increase in cybercrime due to the ongoing COVID-19 pandemic1 . It’s now more important than ever to educate your organization on how to identify, report and manage fraud.
J.P. Morgan is here to help with preventative fraud solutions, including fraud alerts for commercial cardholders to easily identify fraud and minimize potential loss.
Visit ccportal.jpmorgan.com to enroll in mobile and email alerts today and encourage other cardholders to do the same.
References
1.
2020 AFP Payments Fraud and Control Survey Report
