Episode 279: What Fraudsters Are Doing That Pass Bank Account Ownership Validation

Putting the AP in hAPpy

Do you have in your vendor bank account add or update process, that if the bank account ownership validation is successful – you stop right there? That’s no longer appropriate. Why?....

Keep Listening.

Check out my website www.debrarrichardson.com if you need help implementing authentication techniques, internal controls, and best practices to prevent fraudulent payments, regulatory fines or bad vendor data. Check out my new Vendor Process Training Center for 116+ hours of weekly live and on-demand training for the Vendor team.

Links mentioned in the podcast + other helpful resources:

• TrustMI Blog: Why Bank Account Validation Isn’t Enough
• Authentication Training - AVM 3 Step Vendor Setup & Maintenance Process Workshop
• https://training.debrarrichardson.com/course/vendoronboardingworkshop
• Vendor Process Training Center: https://training.debrarrichardson.com
• Debra R Richardson LLC: 20 Tips in 20 Minutes Webinars https://debrarrichardson.com/webinars
• Vendor Validation Reference List with Resources Links: www.debrarrichardson.com/vendor-validation-download (Get 25% Discount on the Global Vendor Registration Numbers)
• Vendor Master File Clean-Up: https://www.debrarrichardson.com/cleanup
• YouTube Channel: https://www.youtube.com/channel/UCqeoffeQu3pSXMV8fUIGNiw
• More Podcasts/Blogs/Webinars www.debrarrichardson.com
• More ideas? Email me at [e-mail]
• Music Credit: www.purple-planet.com