Protecting organizations from payment fraud requires an ongoing, strategic approach rather than a one-time fix or a single solution. While modern cloud and data technologies offer enhanced security, the most effective defense lies in implementing robust controls within vulnerable payment processes and establishing a company-wide payment security strategy. It's crucial to distinguish between fraud prevention and fraud detection, as they serve different purposes and should not be treated as one. This whitepaper explores these distinctions and emphasizes the importance of a layered, proactive approach to safeguarding financial transactions. Learn more at tispayments.com.

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