FACTORING BLOG

Fraud is on the Rise!

Within the past few months, we have seen an increase in fraudulent attempts and would like to pass along some ways to keep you and your company safe from becoming the next victim.

Technology

Use Protection:

Implement technology like a firewall as a first line of defense to protect your network and computers.

Use Individual Emails:

Provide each employee with their own email and avoid using a universal email for the entire office to reduce internal fraud risk.

Stay Informed:

Sign up for electronic notices from your bank, creditors, and service providers to stay informed of any changes.

Enhance Security:

Use Two-Factor Authentication or Dual authentication for added security measures. This requires two identification forms before allowing access to data in case one gets compromised.

Verify Information Accuracy:

Periodically search your company online to ensure accurate information is being reported.

Credit Reporting

Regularly Review Reports:

Review credit reports regularly to detect and report any suspicious activity promptly.

Brand Recognition

Consistent Use of Name:

Use your legal entity name on all forms of communication and portrayals of your company. This prevents fraudsters from easily impersonating your company or employees.

RESOURCE CENTER

Learn More About Business

10 Questions to Ask Before Choosing an Invoice Factoring Company

July 20, 2026

Waiting 30, 60, or even 90 days for customers to pay can make it hard to cover payroll. It can…

Invoice Factoring Quotes

May 28, 2026

Invoice factoring helps businesses improve cash flow by converting outstanding invoices into immediate working capital. Instead of waiting 30, 60,…

How Invoice Factoring Helps Accounting Firms Improve Client Cash Flow

May 22, 2026

Quick Answer Accounting firms frequently identify cash flow problems before anyone else. Invoice factoring provides accountants and consultants with a…