Withum and PaymentWorks Team Up to Expand Secure, Compliant and Optimized Business Payments Solution Services

Waltham, Mass. — March 16, 2022 — PaymentWorks, the digital onboarding platform for secure, compliant, and optimized business payments, adds Withum to its partner ecosystem as a referral relationship alongside several other system integrators, technical partners, resellers, and strategic partners.

Huron, Carahsoft, and E&I Align with PaymentWorks to Offer Secure, Compliant and Optimized Business Payments

Waltham, Mass. — October 28, 2021 — PaymentWorks, the digital onboarding platform for secure, compliant, and optimized business payments, today launched a comprehensive partner program that will cover all aspects of the partner ecosystem, including system integrators, technical partners, resellers, and strategic partners. Featuring well-known organizations including Carahsoft, E&I, Huron as an implementation partner, as well as others, the initiative will extend the reach of PaymentWorks’ proven technology platform across market segments and build upon the organization’s mission to streamline and secure the business payments process.  Visit our website for more information on how our new partner program works or to join our partner ecosystem.

Company expands customer roster and bolsters leadership team to address mounting risk  

Waltham, MA – September 8, 2021 – According to the FBI, cyber criminals stole more than $28 billion through email fraud from 2016-2020, making business payments fraud a significant threat to organizations of all sizes. In fact, 74% of companies reported they were a target of an attempted or successful payments fraud last year, according to the Association for Financial Professionals Annual Payments Fraud and Control Survey.  PaymentWorks unique business identity platform was purpose built to automate the complex payee management process and eliminate the risk of business payments fraud.  On the heels of a successful 2020, PaymentWorks continues to experience significant momentum and growth in the first half of 2021, helping organizations across industries swifty address mounting risks from savvy fraudsters. To learn more about our unique business identity platform, visit HERE. 

PaymentWorks Bolsters Leadership Team with New Senior Vice President of Sales and Vice President of Strategic Partnerships 

Industry veterans to support accelerated company growth, expand partner network and protect customers from increased threats to their business

PaymentWorks is featured in this article by PaymentsNEXT.

How Universities Are Fighting Payments Fraud

When it comes to fraud, universities are just one more appealing target for cybercriminals. Like many businesses, universities are taking proactive measures to prevent B2B fraud, and they’re looking to digital identity platforms and automation to reduce their vulnerability to attack dramatically12 minutes and editing.

Like the recent Florida municipal water attack, universities and other public institutions and businesses are all under attack by fraudsters.

According to the FBI, in 2019, $1.7 billion was stolen through business email compromise scams in the US. Globally, Nilson estimates 2020 payment fraud more than tripled from $9.84 billion in 2011 to $32.39 billion in 2020.

Read the entire PaymentsNext story featuring PaymentWorks here.

Cybersecurity Awareness Month Session Titled “Payments Fraud and Your Vendor Master: Uncovering Hidden Risks”

 PaymentWorks is now a Nacha Preferred Partner for Business Identity Services. In becoming a Preferred Partner, PaymentWorks joins a select group of innovators whose offerings align with Nacha’s strategies to advance the ACH Network.