While technology offers new and exciting ways to help factors work more efficiently, it also unleashes new methods to perpetuate fraud. Find out the most prevalent fraudulent methods in factoring, how they present, why they can be difficult to detect, and strategies to help avoid and catch them from the start.
Blog | Category | Fraud
Can you detect a prospect that doesn’t exist? Most commercial underwriters are familiar with common types of fraud. But are they aware of sophisticated new schemes? Find out what they are, how they present, and how to prevent them from happening to your company.