ACH vs Wire Fraud: What You Need to Know to Stay Safe

very day, businesses of all sizes are targeted by increasingly sophisticated electronic payment fraud schemes. From fake invoices and business email compromise to account takeovers and payment diversion scams, cybercriminals are constantly finding new ways to exploit weaknesses in payment processes. The good news? Most payment fraud is preventable—if you know what to look for. In this video, we'll uncover the biggest payment fraud threats facing companies today, and share practical strategies that can help protect your business, your finances, and as it turns out, in many cases, your job. That’s right: In more than a few cases, professionals who have fallen for these frauds have been fired. So, let’s get started. #payments #fraud #scam Link to NACHA 2026: Don't Get Caught Off Guard by These Changes https://youtu.be/hIosCWUyrr4 Subscribe for more tips and insights like this: https://www.youtube.com/APNow?sub_confirmation=1 Looking for more of the most current business intelligence about + Best practices around your payment and accounts payable function + Current and new fraud protection protocols + The newest technology impacting your accounting, accounts payable, and payment functions + Career advancement +And much more!! +++++++++++++++++++++++ See most recent videos at: https://www.youtube.com/@APNow/videos See all short tips at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-He5ELp9TP3wqQdHIbfIcFAB Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_ Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby