Why 42% of Companies Rely on Layered Defense Stacks to Combat Payments Fraud
By PYMNTS
AI summary of the source article
Forty-two percent of corporate finance departments use three or more artificial intelligence tools to secure their outgoing payments against fraud.
Key facts
- Forty-two percent of corporate finance departments deploy three or more AI tools to secure outgoing payments.
- The data comes from a collaborative study titled 'Prevention First: Building a Smarter Defense Against Payments Fraud.'
Source excerpt · PYMNTS
Forty-two percent of corporate finance departments deploy a stack of three or more artificial intelligence (AI) tools to secure their outgoing payments, according to the PYMNTS Intelligence and Bottomline collaboration “Prevention First: Building a Smarter Defense Against Payments Fraud.” This adoption reflects a broader evolution in how businesses safeguard capital against sophisticated financial…