--- title: PaymentWorks Launches Podcast Series to Help Organizations Identify & Mitigate Business Payments Fraud Risk description: PaymentWorks Presents Risky Business- a business podcast covering industry experts and front line practitioners in the world of vendor management and risk. image: https://news.paymentworks.com/hubfs/PaymentWorks%20Presents%20Risky%20Business-logo-final-72%20(1).jpg --- [![PaymentWorks](https://news.paymentworks.com/hubfs/PaymentWorks_February2020/images/logo.svg)](https://www.paymentworks.com/) - How it Works - - [Overview](https://www.paymentworks.com/how-it-works) - [Why it Matters](https://www.paymentworks.com/why-it-matters) - - For Payers - See how they do it at: - [University of Kentucky](https://www.paymentworks.com/case-studies/kentucky/) - [Hackensack Meridian](https://www.paymentworks.com/case-studies/hackensack-meridian/) - [Johns Hopkins](https://www.paymentworks.com/case-studies/johns-hopkins/) - [Frequently Asked Questions](https://www.paymentworks.com/faq/payers/) - [Request a Demo](https://www.paymentworks.com/schedule-demo) - For Payees - [Frequently Asked Questions](https://www.paymentworks.com/faq/payees/) - [Join PaymentWorks](https://www.paymentworks.com/accounts/register-payee/) - About - - [About Us](https://www.paymentworks.com/about-us/paymentworks/) - [Our Partners](https://www.paymentworks.com/about-us/partners/) - [Work Here](https://www.paymentworks.com/about-us/work-here/) - [Blog](https://blog.paymentworks.com/) - [Press](https://news.paymentworks.com/press) - [Refer A Lead](https://share.hsforms.com/1NZzs6_82R52Z5GNpdHp4tA49idv) - Contact - - - - - Sales - [info@paymentworks.com](mailto:info@paymentworks.com) - - Support - [support@paymentworks.com](mailto:support@paymentworks.com) - - - Press - [press@paymentworks.com](mailto:press@paymentworks.com) - - HQ - [info@paymentworks.com](mailto:info@paymentworks.com) - 51 Sawyer Road Suite 310 Waltham, MA 02453 - [Sign In](https://www.paymentworks.com/accounts/login/) [Payees Join Here](https://www.paymentworks.com/accounts/register-payee/) - [Sign In](https://www.paymentworks.com/accounts/login/) - [Payees Join Here](https://www.paymentworks.com/accounts/register-payee/) ![banner-image](https://news.paymentworks.com/hubfs/PaymentWorks_March2020_Blair/images/paymentworks-hubspot-banner_v2-04.png) ## PaymentWorks News # PaymentWorks Launches Podcast Series to Help Organizations Identify & Mitigate Business Payments Fraud Risk Posted by [PaymentWorks Staff](https://news.paymentworks.com/press/author/paymentworks-staff) on Sep 21, 2020, 2:07:55 PM   Inaugural episode features interview with Clay Deutsch, former CEO of Boston Private Bank ![PaymentWorks Presents Risky Business-logo-final-72 (1)](https://news.paymentworks.com/hs-fs/hubfs/PaymentWorks%20Presents%20Risky%20Business-logo-final-72%20(1).jpg?width=396&name=PaymentWorks%20Presents%20Risky%20Business-logo-final-72%20(1).jpg) **Waltham, MA** – September 21, 2020 –[PaymentWorks](http://www.paymentworks.com/), providers of The PaymentWorks Business Identity Platform, today unveiled[PaymentWorks Presents Risky Business](https://podcasts.apple.com/us/podcast/paymentworks-presents-risky-business/id1580993090), a new podcast series designed to help organizations identify and mitigate risk related to business payment fraud.  The series will explore themes including business payments, compliance, risk management and supplier onboarding, among others. Each episode will feature an interview with industry experts and/or frontline practitioners working in vendor management and risk to offer the insight organizations need to effectively address the growing threat of business payments fraud.  To learn more visit[HERE](https://podcasts.apple.com/us/podcast/paymentworks-presents-risky-business/id1580993090). **PaymentWorks Presents: Clay Deutsch, former CEO, Boston Private Bank** Recently recorded, the inaugural podcast features an interview with Clay Deutsch, former CEO of Boston Private Bank regarding the evolution of risk management, vendor management and the increasing threat of payment fraud for businesses.  To listen, visit[HERE](https://podcasts.apple.com/us/podcast/paymentworks-presents-risky-business/id1580993090).  The regularly scheduled series boasts an impressive speaker line-up including: - **Global Payment Advisors**: David Kurrasch, president, to explore ACH, banking and payments fraud - **Texas State University**: Valarie Van Vlack, treasurer, to discuss the role of treasury in higher education and payments fraud - **Willis** **Towers Watson**: Matt Klein, director, national Fidelity product leader, to explore what cyber insurance will cover when it comes to social engineering scams **Business Payment Fraud Largest Source of CyberCrime in US** It is more critical than ever for organizations to be relentless in their efforts to protect against business payment fraud - the largest source of cybercrime in the United States. According to a recent[AFP Survey](https://learn.paymentworks.com/en-us/the-afp-payments-fraud-survey-highlights?hsCtaTracking=4eaf0cd2-a3d8-406c-9506-7e27b49159d9%7C03a0e490-a3af-4b87-afbc-e4c2d70f11f0), 81% of businesses reported a business payments fraud attempt in 2019. The risk is real and devastating as fraudsters are savvier than ever before. Yet little progress has been made to help businesses effectively eliminate the growing gap in managing the identity elements in B2B relationships – fueling this increase in threats.  The[PaymentWorks Business Identity Platform](https://www.paymentworks.com/how-it-works) was designed to disrupt the status quo and eliminate this identity gap. By automating the complex payee management process, PaymentWorks enables payers and payees to exchange verified identity elements in a networked environment. Learn how it works[HERE](https://youtu.be/d7ImhdyEoIs).    **Quick Links:** - Check out the PaymentWorks[Blog](https://blog.paymentworks.com/) - Follow us on[Twitter](https://twitter.com/paymentworks) and[LinkedIn](https://www.linkedin.com/company/paymentworks/) - [Hear the latest episode in the Paymentwork Presents Risky Business podcast ](https://podcasts.apple.com/us/podcast/paymentworks-presents-risky-business/id1580993090)    **About PaymentWorks** PaymentWorks and our company’s [Business Identity Platform](https://www.paymentworks.com/how-it-works) eliminates the risk of business-payments fraud, which costs U.S. businesses more than $20 billion a year. By automating a complex, manual, people-intensive, and error-prone payment process, PaymentWorks protects organizations such as Hackensack Meridian Health, Johns Hopkins, and University of Kentucky from business payments fraud and ensures regulatory compliance. To learn more about [how we do it](https://www.paymentworks.com/how-it-works) and the [partners](https://www.paymentworks.com/about-us/partners/) we work with, visit our [website](https://www.paymentworks.com/), check out our [blog](https://blog.paymentworks.com/) or listen to our new podcast series, “[PaymentWorks Presents Risky Business](https://podcasts.apple.com/us/podcast/paymentworks-presents-risky-business/id1580993090)”.    --- Topics: [compliance](https://news.paymentworks.com/press/tag/compliance), [insurance](https://news.paymentworks.com/press/tag/insurance), [podcast](https://news.paymentworks.com/press/tag/podcast), [#paymentsfraud](https://news.paymentworks.com/press/tag/paymentsfraud) ## ![META Full Logo](https://news.paymentworks.com/hs-fs/hubfs/Branding/Logos/META%20Full%20Logo.jpg?width=300&name=META%20Full%20Logo.jpg) The Business Identity Platform that automates complex payee management processes to: - **Eliminate** the risk of business payments fraud   - **Reduce** cost - **Ensure** compliance ### Recent News & Happenings ### Posts by Tag - [payments fraud (14)](https://news.paymentworks.com/press/tag/payments-fraud) - [vendor master (14)](https://news.paymentworks.com/press/tag/vendor-master) - [risk (13)](https://news.paymentworks.com/press/tag/risk) - [higher education (8)](https://news.paymentworks.com/press/tag/higher-education) - [compliance (7)](https://news.paymentworks.com/press/tag/compliance) - [partners (7)](https://news.paymentworks.com/press/tag/partners) - [AP (6)](https://news.paymentworks.com/press/tag/ap) - [podcast (6)](https://news.paymentworks.com/press/tag/podcast) - [#paymentsfraud (5)](https://news.paymentworks.com/press/tag/paymentsfraud) - [ACH (5)](https://news.paymentworks.com/press/tag/ach) - [identity (3)](https://news.paymentworks.com/press/tag/identity) - [Cyber Security (2)](https://news.paymentworks.com/press/tag/cyber-security) - [procurement (2)](https://news.paymentworks.com/press/tag/procurement) - [banks (1)](https://news.paymentworks.com/press/tag/banks) - [insurance (1)](https://news.paymentworks.com/press/tag/insurance) See all #### How it Works [Overview](https://www.paymentworks.com/how-it-works) [Why it Matters](https://www.paymentworks.com/why-it-matters) #### For Payers - See how they do it at: [*Hackensack Meridian*](https://www.paymentworks.com/case-studies/hackensack-meridian/) [*University of Kentucky*](https://www.paymentworks.com/case-studies/kentucky/) [*Johns Hopkins Enterprises*](https://www.paymentworks.com/case-studies/johns-hopkins/) - [Frequently Asked Questions](https://www.paymentworks.com/faq/payers/) - [Request a Demo](https://www.paymentworks.com/schedule-demo) #### For Payees - [Frequently Asked Questions](https://www.paymentworks.com/faq/payees/) - [Join PaymentWorks](https://www.paymentworks.com/accounts/register-payee/) #### About [About Us](https://www.paymentworks.com/about-us/paymentworks/) [Our Partners](https://www.paymentworks.com/about-us/partners/) [Work Here](https://www.paymentworks.com/about-us/work-here/) [Press](https://news.paymentworks.com/press) #### Contact Us - Sales [info@paymentworks.com](mailto:info@paymentworks.com) - Support [support@paymentworks.com](mailto:support@paymentworks.com) - Press [press@paymentworks.com](mailto:press@paymentworks.com) - HQ [info@paymentworks.com](mailto:info@paymentworks.com) ##### 51 Sawyer Road Suite 310 Waltham, MA 02453 © 2014 - 2021 PaymentWorks, Inc. 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