wire transfer Archives - CFO

AmEx Fires Workers Over Payments Sales Pitches

AmEx Fires Workers Over Payments Sales Pitches

Reps made inappropriate sales pitches to business customers about the tax benefits of using AmEx's wire payment services.

By Matthew Heller | November 23, 2021

Corporate Payments Still Attracting Fraudsters

Corporate Payments Still Attracting Fraudsters

Seventy-four percent of finance professionals report that their companies were victims of payments fraud in 2016, according to the AFP.

By Vincent Ryan | April 4, 2017

AICPA Warns of Executive Impersonation Scam

AICPA Warns of Executive Impersonation Scam

The association says scams in which cybercriminals send fake emails from a top executive to initiate wire transfers are becoming increasingly prevalent.

By Matthew Heller | September 23, 2016

Modern Spear Phishing is a Security Wake-Up Call

Modern Spear Phishing is a Security Wake-Up Call

Spear phishing attacks prey on the fact that employees want to please a superior or some other high-level executive.

By Richard Barber | April 18, 2016

Hackers Target Finance Department of Networking Firm

Hackers Target Finance Department of Networking Firm

Hackers duped the company, Ubiquiti Networks, into transferring money to accounts overseas.

By Katie Kuehner-Hebert | August 11, 2015

Checks Ceding Ground to Electronic Payments

Checks Ceding Ground to Electronic Payments

Companies are slowly converting check payments into wire-transfer, ACH-debit and purchasing-card transactions.

By Vincent Ryan | November 19, 2013