Can Your Business Identify Fraud?
Imagine one of your vendors calling to ask when they might receive payment for the last three months of service. Confused, you check your records and sure enough, you show each month’s payment was made on time. Perhaps you wonder if this might have something to do with the vendor's change in banking that coincided with your missed payments beginning. However, your vendor confirms all payments should still be coming to the original routing number. So where have your payments gone?
