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Why 42% of Companies Rely on Layered Defense Stacks to Combat Payments Fraud

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Why 42% of Companies Rely on Layered Defense Stacks to Combat Payments Fraud

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.”

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This adoption reflects a broader evolution in how businesses safeguard capital against sophisticated financial crimes without sacrificing transaction speed. Companies that embrace layered security create an environment where daily operations run smoothly while fraud attempts are stopped in their tracks, ensuring long-term financial stability and trust.

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The PYMNTS Intelligence report examines detailed survey data gathered from 150 treasury and finance executives across major corporate sectors. It reveals how persistent challenges like supplier impersonation emails and manual workflow burdens require renewed safeguards. Organizations embracing integrated defense strategies can discover new ways to protect their cash flow while enhancing daily operational efficiency and strategic decision-making.

Think of corporate security like a helmet, with AI software working alongside traditional account verification to protect every transaction from unexpected impact. Companies pair automated risk scoring with multi-person approval workflows to catch suspicious wire transfers before unauthorized funds leave their corporate bank accounts. Treasury teams leverage trusted supplier records and real-time bank account validation services to confirm payee identities instantly during vendor onboarding and payment execution.


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