Why 42% of Companies Use Layered AI Stacks for Fraud Prevention
42% of companies deploy AI layers to stop payment fraud, boosting security without slowing transactions.
In brief
42% of companies deploy AI layers to stop payment fraud, boosting security without slowing transactions. Forty-two percent of corporate finance departments use layered AI tools to secure payments and reduce fraud. Originally reported by Pymnts.
42% of Companies Use AI Layers
Forty-two percent of corporate finance departments deploy a stack of three or more artificial intelligence tools to secure outgoing payments.
Layered Defense Boosts Security
Companies pair automated risk scoring with multi-person approval workflows to catch suspicious wire transfers before unauthorized funds leave corporate bank accounts.
35% Still Face Check Fraud
Thirty-five percent of businesses encounter traditional check fraud despite using layered defense stacks.
78% Struggle with Manual Reconciliation
Seventy-eight percent of companies face tedious manual reconciliation tasks when managing payments.
58% Plan New Tools in 12 Months
Fifty-eight percent of non-adopting firms plan to implement new detection tools within 12 months to improve payment security.
The takeaway
Forty-two percent of corporate finance departments use layered AI tools to secure payments and reduce fraud.
