Under Attack: How AP Leaders Can Stop Phony Bank Account Change Requests

Fraudsters don’t need to break into your systems to steal your money.  They just need to trick your AP team into updating a supplier’s bank account details.  Business email compromise (BEC) and social engineering attacks are skyrocketing, and too many organizations are still falling victim to these scams.  The problem isn’t always a lack of control.  It’s that traditional verification methods are too slow, incomplete, or easy to bypass.  This webinar will show AP leaders how to close those security gaps, strengthen defenses, and protect every payment with smarter verification practices.

 What You’ll Learn:

• The weaknesses in callbacks, spreadsheets, and manual checks that fraudsters exploit
• How weak adherence to internal policies creates openings for fraud
• Actionable steps for validating domestic and international bank accounts with confidence
• How automated tools reduce risk, speed up onboarding, and enforce compliance

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.