Is Your Business Struggling with These Payment Security Challenges?
Enhance transaction security and efficiency by addressing delayed fraud detection, high false positives, manual reviews, and compliance complexity.
Delayed Fraud Detection
ACH and wire payments clear fast, yet legacy batch rules surface issues hours later—allowing fraudulent vendors to move large sums before finance or risk teams can intervene.
High False Positives
Static thresholds mark many legitimate high-value invoices as risky. Payment holds frustrate trusted suppliers, create manual re-work, and erode partner confidence in your B2B platform.
Manual Review Overhead
Evidence hides in ERPs, bank portals, and emails. Analysts copy-paste data into spreadsheets, stretching investigations across days and inflating operational costs.
Complex Cross-Border Compliance
Global B2B transactions require screening against OFAC, EU, and local AML rules. Differing formats and shifting regulations expose gaps that auditors and regulators quickly spot.
FraudNet: Instantly Thwart Fraud with Cutting-Edge Solutions
Enhance B2B payment security by blocking fraud, ensuring compliance, and reducing manual interventions effortlessly.
AI-Native Real-Time Scoring
Millisecond risk scores block fraud before funds leave.
Continuous Policy Monitoring
Auto-flags violations of spend and chargeback rules.
Behavioral Pattern Analytics
Correlates entities to expose coordinated fraud rings.
Automated Global AML Checks
Screens payees against sanctions, KYB, and KYC lists.
Unified Intelligence Hub
FraudNet integrates bank, ERP, and network data into a single console, delivering comprehensive 360° visibility. Eliminate the need for tedious data wrangling and empower your finance team to swiftly and accurately detect fraud, ensuring seamless operations in the B2B payment ecosystem.
Adaptive Machine Learning
Our adaptive machine learning models evolve daily with your unique B2B transaction patterns, significantly minimizing false positives. This ensures smoother operations and strengthens your defenses against emerging fraud tactics, so you can maintain seamless relationships with your trusted partners.
Audit-Ready Workflows
Effortlessly manage regulatory audits with time-stamped notes, comprehensive evidence attachments, and exportable reports. Our audit-ready workflows not only simplify compliance but also enhance your credibility, fostering stronger customer trust and smoother operations for B2B payment companies.
Impact & Results
Delivering Results that Matter
We don’t just promise better fraud control—we deliver tangible improvements that protect your business.
97%
Fewer False Positives
Approve more valid transactions confidently.
88%
Fraud Reduction
Experience double-digit reductions in fraud-related chargebacks
60%
Cost Savings
Save time and resources while securing your revenue.
Why FraudNet
Future-Proof Your Fraud & Risk Program
With an integrated platform designed for precision, agility, and impactful results, enabling your team to make smarter decisions, improve operational efficiency, and fuel your business growth.
Customizable & Scalable
No-code rules engine, flexible dashboards, and tailor-made machine learning models that are designed to adapt seamlessly and scale alongside your business.
End-to-End Platform
Unify fraud detection, compliance, and risk management into one powerful solution, saving valuable time and streamlining your operations.
AI Precision You Can Rely On
Reduce false positives, detect and prevent more fraud, and mitigate risk with highly accurate, real-time risk scoring and anomaly detection you can trust.
Real-Time Fraud Intelligence
Leverage advanced analytics, comprehensive reporting, and our Global Anti-Fraud Network to make faster, smarter decisions on the spot.
Testimonials
Real Success From Real Teams
Fraud.net’s flexibility has helped our AfterPay business grow by allowing us to meet our increasingly complex customer and country requirements. Their platform has enabled Arvato to increase our agility and significantly reduce fraud attacks.
Director Risk & Fraud, Arvato
FraudNet's combination of customized machine learning and flexible rules management has been transformative. We've achieved dramatic efficiency gains while maintaining robust fraud protection - a game-changer as we navigate evolving regulatory requirements.
Head of Financial Crime, Countingup
The great usability of Fraud.net is night and day when comparing it to our prior risk prevention platform. Reporting is also faster, more straightforward, and more impactful. With Fraud.net, we can easily visualize and share findings, providing our leadership with a clear understanding of the return-on-investment for our activities in real-time.
Fraud Manager, Global Financial Institution
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FAQs
What is B2B payment fraud?
B2B payment fraud involves deceitful practices to manipulate or steal funds through business-to-business transactions. This can include invoice fraud, phishing, account takeover, and unauthorized wire transfers. Fraudsters may impersonate vendors or employees to execute these schemes, making it crucial for businesses to adopt robust verification and monitoring processes to safeguard their financial transactions and maintain trust with partners.
How can businesses detect B2B payment fraud?
Businesses can detect B2B payment fraud by implementing advanced fraud detection systems that analyze transaction patterns and flag anomalies. Regularly auditing accounts and transactions, verifying vendor details, and using multi-factor authentication can also help. Additionally, training employees to recognize phishing attempts and suspicious activities is crucial in maintaining an effective defense against fraud attempts.
What are common indicators of B2B payment fraud?
Common indicators include unexpected changes in vendor payment details, unusual transaction amounts, discrepancies in invoice details, and unsolicited requests for payment. High volumes of transactions to new or unverified vendors and frequent changes in banking information are also red flags. Businesses should maintain a vigilant approach by routinely monitoring these indicators to prevent fraud.
How can businesses prevent B2B payment fraud?
To prevent B2B payment fraud, businesses should establish strict internal controls such as dual authorization for payments, regular financial audits, and employee training on fraud detection. Using secure and verified communication channels, implementing advanced cybersecurity measures, and maintaining updated anti-fraud technology are also essential strategies. Building strong relationships with vendors can help in quickly identifying and addressing discrepancies.
What role does technology play in B2B payment fraud investigation?
Technology plays a crucial role by providing sophisticated tools to detect and analyze fraudulent activities. Machine learning algorithms can identify unusual transaction patterns and flag them for further investigation. Additionally, technologies like blockchain offer enhanced transparency and security for transactions. Real-time monitoring systems and automated alerts help businesses respond swiftly to potential fraud, minimizing losses.
What steps should be taken if B2B payment fraud is suspected?
If fraud is suspected, businesses should immediately halt the suspected transaction and notify their financial institutions. Conduct a thorough investigation to identify the fraud's scope and source. Involve legal and cybersecurity experts to assess and mitigate risks. Communicate with affected partners and consider reporting the incident to relevant authorities. Implementing corrective measures to prevent future occurrences is crucial.