Inside the Fraudster’s Playbook: How AP Teams Can Stop Bank Account Scams in Their Tracks

Phony bank account change requests are exploding, and fraudsters are getting smarter.  Today’s criminals impersonate suppliers with alarming accuracy, exploit gaps in vendor onboarding, and slip past manual validation steps that AP teams rely on.  This webinar will take you inside the fraudster’s playbook to reveal how bad actors research your organization, impersonate vendors, and manipulate your processes to reroute legitimate payments into fraudulent accounts.  You’ll learn what makes AP vulnerable, why traditional verification steps fall short, and how modern attacks escape detection.  Most importantly, we’ll show you the actionable steps to stop these scams in their tracks.

What you’ll learn:

• How modern fraudsters operate
• The red flags of phony bank account change requests
• Why traditional AP controls aren’t enough
• Proven strategies to stop fraud in its tracks
• A practical blueprint for stronger vendor data security

Mark Brousseau
President, Brousseau & Associates 

Over the past 30 years, Mark Brousseau has established himself as a thought leader on accounts payable, accounts receivable, payments and document automation.   A popular speaker at industry conferences and on webinars and podcasts, Brousseau advises prominent end-users and solutions and services providers on how to use automation to improve document- and payments-driven business processes.  Brousseau has chaired numerous educational conferences and has served on several industry committees and boards.  He resides in Center City Philadelphia with his wife and three sons.

Phil Binkow
CEO, Financial Operations Networks

Phil Binkow is CEO of Financial Operations Networks, developer of the InvoiceInfo and VendorInfo vendor portals. In 2002, FON founded The Accounts Payable Network, the leading training, certification and best-practice resource for individuals with management responsibility for accounts payable operations. Prior to starting Financial Operations Networks, Phil was CEO of PayTECH, one of the world’s largest invoice processing and spend analysis Software-as-a-Service companies.