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Finance Friday #4: How to Manage Fraud: Stick Your Head in the Sand

Our next Finance Friday episode can be considered preventive medicine to ward off zero business bank balance syndrome.

Why was Target targeted for a massive credit card breach (other than by having a giant bullseye on each store)? How are small businesses finding their bank accounts drained by fraudsters?

Businesses taking the “no need for a cure” stance on account takeover protection can find themselves bankrupt and without help from the Government. In this Finance Friday episode, we’ll review why Reg E doesn’t help businesses hit by fraud, how businesses are being targeted and compromised, and what companies can do to protect their money from the bad guys.


BC Krishna, CEO of MineralTree


We're transforming accounting by automating Accounts Payable and B2B Payments for mid-sized companies. Our award-winning solution has helped over one thousand businesses transform accounts payable from a source of inefficiency and fraud risk to a secure and strategic profit center that provides visibility into key cost drivers.

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