In this webinar, Reducing Payment Fraud Without Giving Up Checks or ACH, Steve Weber, CEO and Co-Founder of PaperTrl, outlines how businesses can protect themselves against rising payment fraud while continuing to use traditional methods like checks and ACH. Despite a drop in check volume, B2B check payments remain common—and a major target for fraud, with 63% of organizations reporting check fraud in 2024. Steve shares best practices such as using Positive Pay, virtual cards, vendor portals, and PCI “out-of-scope” strategies to minimize risk and keep sensitive data out of internal systems.
He emphasizes that fraud prevention isn’t about eliminating checks, but strengthening the controls around them. AP automation platforms like PaperTrl offer secure vendor onboarding, dual payment approvals, and integrated fraud safeguards without disrupting vendor relationships. Ultimately, Steve encourages organizations to audit current processes and partner with trusted providers to build a safer, more efficient AP environment.