Organizations that invest in automated, controlled payment systems gain the confidence to move faster, serve partners better, and reduce costly exceptions and rework, while reducing losses from fraud.
For many businesses, the conversation around payments still feels like a tradeoff: move faster and accept more risk, or slow things down to stay secure. In today’s fraud environment, that mindset is not only outdated—it is non-productive. Modern payment technology has reached a point where speed, automation, and strong security can, and should, coexist.
Payments fraud remains alarmingly widespread. According to the 2025 AFP Payments Fraud and Control Survey, 79 percent of organizations experienced attempted or actual payments fraud in 2024, nearly unchanged from the year before. This persistence makes one thing clear: fraud is not a short-term spike. It is a permanent operational reality for banks and businesses of every size.
At the same time, businesses cannot afford delays. Vendors expect fast settlement. Customers demand immediacy. Treasury and AP teams are under pressure to move payments efficiently while managing growing volumes and fewer staff. Slowing payments in the name of security is no longer a viable option.
One of the most important takeaways from the AFP report is that fraud is not limited to any single payment method. Checks continue to be heavily targeted, with 63 percent of organizations reporting attempted or actual check fraud in 2024. But, digital payments are not immune from attacks, either. Wire transfers were the most targeted payment method in business email compromise (BEC) attacks, impacting 63 percent of surveyed organizations.
The lesson is clear: security cannot be solved by simply switching payment types. Whether payments are made by check, ACH, wire, card, or real-time rails, fraudsters will follow the money. The real solution lies in how payments are initiated, controlled, approved, issued, and monitored.
Modern payment platforms have changed the equation. Automation, configurable workflows, and centralized controls now make it possible to accelerate payments while reducing risk at the same time.
The AFP survey highlights that recovery after fraud is often incomplete. In 2024, 20 percent of organizations that suffered payments fraud were unable to recover any lost funds. That reality underscores the importance of prevention over reaction. Once funds move—especially through wires or real-time payments—retrieval is often improbable.
Security today must be embedded directly into payment workflows, with multiple layers of security to keep that bad guys away. This includes multi-level approvals, positive pay controls, payee verification, and automated exception handling that does not slow down legitimate transactions. When these safeguards are built into the process, businesses gain peace of mind without sacrificing speed.
For more than 35 years, AP Technology has helped banks and businesses modernize the way payments are issued—swiftly, securely, efficiently, and at scale. As a payment pioneer, AP Technology delivers solutions designed to support any payment type, including checks, ACH, wires, cards, and digital payments, all within automated, configurable workflows.
AP Technology’s approach recognizes that increasingly, businesses do not operate with a single payment method. By centralizing payment issuance and embedding controls directly into workflows, organizations can move payments faster while significantly reducing exposure to fraud.
This model supports banks looking to extend secure payment services to their business customers, as well as enterprises across industries such as legal, real estate, construction, automotive, manufacturing, nonprofits, and more. Whether the goal is fraud mitigation, operational efficiency, faster payments, or all of the above, AP Technology provides a flexible foundation for secure growth.
Security is no longer the brake when issuing payments—it is the accelerator. Organizations that invest in automated, controlled payment systems gain the confidence to move faster, serve partners better, and reduce costly exceptions and rework, while reducing losses from fraud.
Fraud is not slowing down. Payments don’t need to slow down, either. To learn how AP Technology helps banks and businesses issue payments faster, more securely, and with complete peace of mind, visit APTechnology.com, email [email protected], or call 800-652-2877 ext. 1.
Payments fraud remains alarmingly widespread. According to the 2025 AFP Payments Fraud and Control Survey, 79 percent of organizations experienced attempted or actual payments fraud in 2024, nearly unchanged from the year before. This persistence makes one thing clear: fraud is not a short-term spike. It is a permanent operational reality for banks and businesses of every size.
At the same time, businesses cannot afford delays. Vendors expect fast settlement. Customers demand immediacy. Treasury and AP teams are under pressure to move payments efficiently while managing growing volumes and fewer staff. Slowing payments in the name of security is no longer a viable option.
One of the most important takeaways from the AFP report is that fraud is not limited to any single payment method. Checks continue to be heavily targeted, with 63 percent of organizations reporting attempted or actual check fraud in 2024. But, digital payments are not immune from attacks, either. Wire transfers were the most targeted payment method in business email compromise (BEC) attacks, impacting 63 percent of surveyed organizations.
The lesson is clear: security cannot be solved by simply switching payment types. Whether payments are made by check, ACH, wire, card, or real-time rails, fraudsters will follow the money. The real solution lies in how payments are initiated, controlled, approved, issued, and monitored.
Modern payment platforms have changed the equation. Automation, configurable workflows, and centralized controls now make it possible to accelerate payments while reducing risk at the same time.
The AFP survey highlights that recovery after fraud is often incomplete. In 2024, 20 percent of organizations that suffered payments fraud were unable to recover any lost funds. That reality underscores the importance of prevention over reaction. Once funds move—especially through wires or real-time payments—retrieval is often improbable.
Security today must be embedded directly into payment workflows, with multiple layers of security to keep that bad guys away. This includes multi-level approvals, positive pay controls, payee verification, and automated exception handling that does not slow down legitimate transactions. When these safeguards are built into the process, businesses gain peace of mind without sacrificing speed.
For more than 35 years, AP Technology has helped banks and businesses modernize the way payments are issued—swiftly, securely, efficiently, and at scale. As a payment pioneer, AP Technology delivers solutions designed to support any payment type, including checks, ACH, wires, cards, and digital payments, all within automated, configurable workflows.
AP Technology’s approach recognizes that increasingly, businesses do not operate with a single payment method. By centralizing payment issuance and embedding controls directly into workflows, organizations can move payments faster while significantly reducing exposure to fraud.
This model supports banks looking to extend secure payment services to their business customers, as well as enterprises across industries such as legal, real estate, construction, automotive, manufacturing, nonprofits, and more. Whether the goal is fraud mitigation, operational efficiency, faster payments, or all of the above, AP Technology provides a flexible foundation for secure growth.
Security is no longer the brake when issuing payments—it is the accelerator. Organizations that invest in automated, controlled payment systems gain the confidence to move faster, serve partners better, and reduce costly exceptions and rework, while reducing losses from fraud.
Fraud is not slowing down. Payments don’t need to slow down, either. To learn how AP Technology helps banks and businesses issue payments faster, more securely, and with complete peace of mind, visit APTechnology.com, email [email protected], or call 800-652-2877 ext. 1.
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