Are you aware of the risks of fraud?
In Factoring environments where clients can choose to factor invoices with multiple factoring companies, the temptation is to factor the same invoice multiple times. The debtor is only going to pay once, so somebody is going to lose. Factoring companies must be aware of the likelihood of fraud occurring and protect themselves through a range of defensive measures. Find out how to manage risk and protect your systems in this on-demand webinar.
What you'll take away:
- The importance of Fraud prevention in today's world
- The guiding principles of Invoice Finance/Factoring
- The different types of Fraud in Invoice Finance
- How to mitigate the risk of Fraud
Kevin Day, CEO at Lendscape
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