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You may have heard of Confirmation of Payee within the banking community to combat crippling Authorised Push Payment (APP) fraud and misdirected payments. However, this challenge is wider than banks. Our research shows that 30% of businesses were impacted by fraud in the last 12 months, and only a third of losses are recovered.

Finally, this new gold standard of account verification is here for Corporates. But how can you leverage the latest banking innovation to reduce the pains of timely, costly, and complicated processes prone to human error and fraud?

Find out the answer to this question from our expert panel in this short session which will also cover the following;

  • The risk landscape impacting UK businesses
  • How to overcome key challenges when managing fraud checking and customer verification
  • How Bottomline has leveraged the latest banking innovation for UK businesses
  • Q&A Session

 

CoP for Business is provided by Bottomline Payment Services Ltd, who are authorized by the Financial Conduct Authority under the Payment Services Regulations for the provision of payment services with FCA registration number 616279.

The Gold Standard for Account Verification

How to leverage the latest banking innovations to improve payment verification processes.