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9 Ways AI Helps Prevent
Payments Fraud

Payments fraud has reached an all-time high with no signs of slowing. Scammers are capitalizing on gaps in organizational controls and systems to defraud companies out of millions of dollars and tarnish their reputations with customers and stakeholders.

Did you know that 82% of companies were payment fraud target in 2018?

Of the companies effected by fraud, nearly 66% said their losses could reach as high as $1M, while 16% said their losses could reach as high as $50M. Check out this infographic to see the latest trends on payment fraud and how AI provides ongoing protection. 

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9 way AI prevents payment fraud

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