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The $10M Question: Why 42% of US Companies Lost Big to Cyber Fraud in 2024 (And How to Avoid Being Next)?

About this event

The AI Revolution Has Transformed Payment Fraud - Is Your Organization Ready?

In an era where 90% of US companies face cyber fraud attempts and 42% suffered losses exceeding $10M in 2024, traditional fraud prevention approaches are no longer enough. Join Trustpair for an eye-opening session featuring industry experts Baptiste Collot, CEO, Trustpair, Michael Van Keulen, Chief Procurement Officer, Coupa, Gloria Wan, Executive Director, Kinexys by J.P. Morgan and Lee-Ann Perkins, Assistant Treasurer, Ankura Consulting as they dive into the rapidly evolving landscape of payment fraud and share critical insights for protecting your organization in 2025.

Our experts will unpack the findings from Trustpair's latest fraud trends research, revealing why cybersecurity vulnerabilities and economic pressures are creating perfect conditions for fraudsters, and why even well-trained teams are struggling to keep pace with AI-powered fraud tactics.

What to expect:

  • An in-depth look at how fraudsters are leveraging AI to bypass traditional controls
  • Why manual verification methods and fraud awareness training aren't enough
  • The critical importance of automated validation across the entire P2P process
  • Practical strategies for breaking down organizational silos and strengthen fraud prevention

This session is essential for finance leaders, treasury professionals, and risk managers who want to protect their organizations from the next generation of payment fraud. Don't wait until it's too late - join us to learn how to stay ahead of evolving fraud threats.

Hosted by

  • Team member
    T
    Agathe Chabert
  • External speaker
    E
    Lee-Ann Perkins Assistant Treasurer, Nacha Advisory Board member

    With over 19 years of treasury management experience in various industries and markets, I am a versatile and passionate financial services professional who strives to enhance the treasury function and its value to the organization.

  • External speaker
    E
    Baptiste Collot CEO - Founder @ Trustpair USA Inc.

    Baptiste is the cofounder and CEO of Trustpair based in NYC. His previous experiences in finance teams of large companies led him to create Trustpair in 2017.

  • External speaker
    E
    Michael Van Keulen Chief Procurement Officer @ Coupa
  • External speaker
    E
    Gloria Wan Executive Director @ Kinexys by J.P. Morgan

Trustpair

Trustpair is the leading payment fraud prevention platform for large companies worldwide.

Since 2017, Trustpair helps finance teams secure their entire P2P process, thanks to account validation automation. The solution offers intuitive risk management and integrates directly with existing tools for more efficiency.