Friction vs. Risk: A Panel Discussion
Featuring J.P. Morgan, Nacha and PaymentWorks, the panel debated the merits of automation to solve for both friction and risk in managing your vendor file.
Social Engineering Fraud.
Business Email Compromise.
Payments Fraud Scams.
By any name, these frauds continue to target organizations of all sizes, with the epicenter being the vendor master file. This panel digs in on about friction and risk in vendor management with payment and ACH experts from J.P. Morgan, Nacha and PaymentWorks.
Featured Panelists & Key Takeaways:
- Joe Hussey, vice chair of payments at J.P. Morgan walked through why, precisely, organizations cannot wait for a ‘perfect time’ to take action on vendor data security
- Rob Unger, from Nacha, drilled down on why every exchange of information = an opportunity for fraud.
- Thayer Stewart, our CEO, predicted a future with businesses having ‘identity wallets’… and much discussion ensued!
