Why B2B payments need verification beyond the invoice

AI-assisted source summary · not independently verified. Content standards

Katie Elliott, head of risk and fraud at Bottomline, says criminals use AI to research invoices, approval limits and payment timing, impersonating routine business communications to induce companies to transfer funds. Before making payments, companies should verify business identities, control of beneficiary accounts and payment instructions, and set up reviews that combine risk assessments, behavioral signals and employee education; once funds arrive, they are often difficult to recover.