Eliminate the possibility of accounts payables 
being diverted by business email compromise 
fraud attacks.

PAYABLES

Problem:

  • Cybercriminals are attacking organizations' vendor payments process using elaborate business email compromise scams and simple phony invoices.

  • Finance/accounts payable staff are struggling to ensure that funds are being directed to the vendor's legitimate accounts.  
     

Solution:

  • Vendors submit an Authoriti Permission Code Smart PIN with their invoice or payment change request.

  • The Smart PIN contains the details of the transaction to prevent it from being misused, and guarantees that the invoice amount and payment details are digitally signed and originated from the original vendor and none other.

  • The Permission Code allows an organization to easily validate that the changes to payment instructions are authentic, and to validate an invoice before making payments.

  • This provides absolute confidence and trust in the transaction regardless of the channel used (email, telephone, fax, online, etc.).

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ABOUT US

 

The Authoriti Network was founded in 2017 to create new ways of preventing identity theft, fraud, and misuse of data.  Our founders have significant leadership experience dealing with InfoSec at-scale in the world's leading financial institutions.  Authoriti develops the Permission Code® platform, which uses customer-originated Smart PINs to give businesses the confidence that every transaction is authorized.      

 

 

Copyright © 2018-2020, The Authoriti Network, Inc. All rights reserved.
The Authoriti logo and the Permission Code® platform are registered trademarks of The Authoriti Network. Empowering Transaction Security™, Eliminate Friction and Fraud™, Frictionless Security. Delivered.™
and the Authoriti "A" mark are trademarks of The Authoriti Network.

 

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