A Kyriba Fact Sheet details their Payments Fraud Detection Solution, addressing the critical concern of payments fraud where 56% of US companies faced B2B payment fraud in 2022. It highlights the need for advanced controls beyond standard methods. Kyriba's module, described as industry-first, offers real-time detection, customized scoring, centralized alerts, resolution workflow management, and data visualization through a drilldown KPI dashboard. It provides configurable real-time alerts for suspicious payments and comprehensive reporting with indefinite history tracking for audit purposes, empowering organizations to protect outgoing payments and maintain robust internal and external audit trails, ultimately enhancing payment security protocols.

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