Payment fraud is quite prevalent in today’s business environment, and it is not isolated to one industry, business size or payment type. Last year, 74% of organizations surveyed by the Association for Financial Professionals were targets of payment scams. That’s down from the prior year but up from the ten year low of 60% in 2013. The top 3 forms of attempted payment fraud were 66% checks, 39% wires and 34% ACH debits. Not to be understated, commercial cards were 4th at 24% of attempted fraud. Notably, payment card fraud is expected to continue increasing to a project $35.6 billion in 2023.