--- title: PaymentWorks Blog --- [![PaymentWorks](https://blog.paymentworks.com/hubfs/PaymentWorks_February2020/images/logo.svg)](https://www.paymentworks.com/) - How it Works - - [Overview](https://www.paymentworks.com/how-it-works) - [Why it Matters](https://www.paymentworks.com/why-it-matters) - - For Payers - See how they do it at: - [University of Kentucky](https://www.paymentworks.com/case-studies/kentucky/) - [Hackensack Meridian](https://www.paymentworks.com/case-studies/hackensack-meridian/) - [Johns Hopkins](https://www.paymentworks.com/case-studies/johns-hopkins/) - [Frequently Asked Questions](https://www.paymentworks.com/faq/payers/) - [Request a Demo](https://www.paymentworks.com/schedule-demo) - For Payees - [Frequently Asked Questions](https://www.paymentworks.com/faq/payees/) - [Join PaymentWorks](https://www.paymentworks.com/accounts/register-payee/) - About - - [About Us](https://www.paymentworks.com/about-us/paymentworks/) - [Our Partners](https://www.paymentworks.com/about-us/partners/) - [Work Here](https://www.paymentworks.com/about-us/work-here/) - [Blog](https://blog.paymentworks.com/) - [Press](https://news.paymentworks.com/press) - [Refer A Lead](https://share.hsforms.com/1NZzs6_82R52Z5GNpdHp4tA49idv) - Contact - - - - - Sales - [info@paymentworks.com](mailto:info@paymentworks.com) - - Support - [support@paymentworks.com](mailto:support@paymentworks.com) - - - Press - [press@paymentworks.com](mailto:press@paymentworks.com) - - HQ - [info@paymentworks.com](mailto:info@paymentworks.com) - 51 Sawyer Road Suite 310 Waltham, MA 02453 - [Sign In](https://www.paymentworks.com/accounts/login/) [Payees Join Here](https://www.paymentworks.com/accounts/register-payee/) - [Sign In](https://www.paymentworks.com/accounts/login/) - [Payees Join Here](https://www.paymentworks.com/accounts/register-payee/) ![banner-image](https://blog.paymentworks.com/hubfs/PaymentWorks_March2020_Blair/images/paymentworks-hubspot-banner_v2-04.png) ## PaymentWorks Blog ## [Fraud Never Sleeps](https://blog.paymentworks.com/fraud-never-sleeps) ## [Vendoring 101: Live Event Recap](https://blog.paymentworks.com/vendoring-101-live-event-recap) ## [Vendor Impersonation Scams: A TMANY Wrap Up](https://blog.paymentworks.com/vendor-impersonation-scams-a-tmany-wrap-up) ## [Social Engineering Frauds- 2021 Stats](https://blog.paymentworks.com/social-engineering-frauds-2022-vs-2021) ## [What Banks are Spending Money on in 2022](https://blog.paymentworks.com/what-banks-are-spending-money-on-in-2022) ## [3 Common Scams Fraudsters Use to Trick Your Employees](https://blog.paymentworks.com/three_common_scams_fraudsters_use) ## [Social Engineering Fraud & Vendor Management: Friction vs. Risk](https://blog.paymentworks.com/social-engineering-fraud-and-vendor-management) ## [Top Three Takeaways: Social Engineering Fraud and Your Vendor Master - Managing the Risk](https://blog.paymentworks.com/top_three_takeaways_for_social_engineering_fraud_and_your_vendor_master) ## [Advice From the Vendor Desk: Five Tips to Prevent Business Payments Fraud](https://blog.paymentworks.com/five-tips-to-prevent-business-payment-fraud-best-practices-from-vendor-desk-personnel) ## [ARPA Funds: The Key to Advancing Your Tech Stack](https://blog.paymentworks.com/lost-revenue-and-arpa-the-key-to-advancing-your-tech-stack) ## [Three Bank Account Verification Methods to Scrap in 2022](https://blog.paymentworks.com/three-verification-methods-to-scrap-in-2022) ## [The Risk and the Reward](https://blog.paymentworks.com/the-risk-the-reward) ## [What AP Can Learn From Procurement](https://blog.paymentworks.com/what-ap-can-learn-from-procurement) ## [What Procurement Can Learn From AP](https://blog.paymentworks.com/what-procurement-can-learn-from-ap) ## [The American Rescue Plan Act: A Primer on Spending](https://blog.paymentworks.com/the-american-rescue-plan-act-a-primer-on-spending) ## [The Benefit of Investing in a Clean Vendor Master: A Calculation](https://blog.paymentworks.com/how-to-calculate-the-benefit-of-investing-in-a-clean-vendor-master) ## [Verifying Vendor Information: What Does it Mean to "Verify?"](https://blog.paymentworks.com/what-does-it-mean-to-verify) ## [Email is the Start of the Problem](https://blog.paymentworks.com/email-is-the-start-of-the-problem) ## [PaymentWorks featured in Threat.Technology](https://blog.paymentworks.com/paymentworks-featured-in-threat.technology) ## [The Payments Fraud Problem No One Will Talk About (Until Now)](https://blog.paymentworks.com/the-payments-fraud-problem-no-one-will-talk-about-until-now) ## [The ROI on Vendor Management](https://blog.paymentworks.com/the-roi-on-vendor-management) ## [Fraudsters are targeting AP and Treasury. Are you next?](https://blog.paymentworks.com/fraudsters-are-targeting-ap-and-treasury.-are-you-next) ## [5 tips for a clean (and fraud-free!) vendor master file](https://blog.paymentworks.com/5-tips-for-a-clean-and-fraud-free-vendor-master-file) ## [Covid-19 and the Acceleration of Identity](https://blog.paymentworks.com/covid-19-and-the-acceleration-of-identity) ## [Identification, Authentication & Authorization: The Identity Puzzle](https://blog.paymentworks.com/identification-authentication-and-authorization-solving-the-identity-puzzle) ## [Guarding Against Social Engineering Fraud](https://blog.paymentworks.com/guarding-against-social-engineering-fraud) ## [Fight Payments Fraud by Locking Down Your Vendor Master](https://blog.paymentworks.com/fight-payments-fraud-by-locking-down-your-vendor-master) ## [Bolstering the Team](https://blog.paymentworks.com/bolstering-the-team) ## [Third Party Risk Management: A Primer With Yakut Akman](https://blog.paymentworks.com/third-party-risk-management-a-primer-with-yakut-akman) ## [Lessons from David Kurrasch](https://blog.paymentworks.com/lessons-from-david-kurrasch) ## ["Where is My Vendor?"](https://blog.paymentworks.com/where-is-my-vendor) ## [Payments Fraud and Your Vendor Master: Uncovering Hidden Risk](https://blog.paymentworks.com/payments-fraud-and-your-vendor-master-uncovering-hidden-risk) ## [Matt Klein Answers The Million Dollar Question About Coverage](https://blog.paymentworks.com/matt-klein-answers-the-million-dollar-question-about-coverage) ## [5 Ways Your Vendor Master is Costing You Money - Mistakes & Fraud Edition](https://blog.paymentworks.com/5-ways-your-vendor-master-is-costing-you-money-mistakes-fraud-edition) ## [Five Ways Your Vendor Master is Costing You Money- Compliance Edition](https://blog.paymentworks.com/five-ways-your-vendor-master-is-costing-you-money-compliance-edition) ## [Treasury in Higher Ed: Protecting and Serving](https://blog.paymentworks.com/treasury-in-higher-ed) ## [Q&A: Clay Deutsch on the Evolution of Risk](https://blog.paymentworks.com/qa-clay-deutsch-on-th-evolution-of-risk) ## [Mutually Exclusive? Cyber Insurance Coverage & Payments Fraud](https://blog.paymentworks.com/cyber-coverage-payments-fraud-mutually-exclusive) ## [Email Scams: Still Trendy After All These Years](https://blog.paymentworks.com/email-scams-still-trendy-after-all-these-years) ## [Remote Work Pioneers-University of Texas San Antonio](https://blog.paymentworks.com/remote-pioneers-ut-san-antonio) ## [Business Payments Fraud in Times of Crisis](https://blog.paymentworks.com/business-payments-fraud-in-times-of-crisis) ## [Targeted: Higher Education and Business Payments Fraud](https://blog.paymentworks.com/targeted-higher-education-and-business-payments-fraud) ![PaymentWorks-Logo-Black_600tall](https://blog.paymentworks.com/hs-fs/hubfs/Branding/Logos/PaymentWorks-Logo-Black_600tall.jpg?width=272&name=PaymentWorks-Logo-Black_600tall.jpg) Digital Supplier Onboarding for Secure, Compliant, and Optimized Business Payments. - **Eradicate** Fraud - **Ensure** Compliance - **Eliminate** Paper ### Sign up to be alerted when we publish interesting things ### Recent Posts ### Posts by Tag - [payments fraud (28)](https://blog.paymentworks.com/tag/payments-fraud) - [risk (25)](https://blog.paymentworks.com/tag/risk) - [vendor master (19)](https://blog.paymentworks.com/tag/vendor-master) - [insurance (13)](https://blog.paymentworks.com/tag/insurance) - [ACH (12)](https://blog.paymentworks.com/tag/ach) - [AP (12)](https://blog.paymentworks.com/tag/ap) - [compliance (12)](https://blog.paymentworks.com/tag/compliance) - [podcast (8)](https://blog.paymentworks.com/tag/podcast) - [procurement (6)](https://blog.paymentworks.com/tag/procurement) - [social engineering fraud (6)](https://blog.paymentworks.com/tag/social-engineering-fraud) - [business payments (5)](https://blog.paymentworks.com/tag/business-payments) - [higher education (5)](https://blog.paymentworks.com/tag/higher-education) - [Cyber Security (3)](https://blog.paymentworks.com/tag/cyber-security) - [banks (2)](https://blog.paymentworks.com/tag/banks) - [identity (2)](https://blog.paymentworks.com/tag/identity) - [supply chain (2)](https://blog.paymentworks.com/tag/supply-chain) - [tips from the frontlines (2)](https://blog.paymentworks.com/tag/tips-from-the-frontlines) - [#paymentsfraud (1)](https://blog.paymentworks.com/tag/paymentsfraud) - [Insider (1)](https://blog.paymentworks.com/tag/insider) - [vendor management (1)](https://blog.paymentworks.com/tag/vendor-management) See all #### How it Works [Overview](https://www.paymentworks.com/how-it-works) [Why it Matters](https://www.paymentworks.com/why-it-matters) #### For Payers - See how they do it at: [*Hackensack Meridian*](https://www.paymentworks.com/case-studies/hackensack-meridian/) [*University of Kentucky*](https://www.paymentworks.com/case-studies/kentucky/) [*Johns Hopkins Enterprises*](https://www.paymentworks.com/case-studies/johns-hopkins/) - [Frequently Asked Questions](https://www.paymentworks.com/faq/payers/) - [Request a Demo](https://www.paymentworks.com/schedule-demo) #### For Payees - [Frequently Asked Questions](https://www.paymentworks.com/faq/payees/) - [Join PaymentWorks](https://www.paymentworks.com/accounts/register-payee/) #### About [About Us](https://www.paymentworks.com/about-us/paymentworks/) [Our Partners](https://www.paymentworks.com/about-us/partners/) [Work Here](https://www.paymentworks.com/about-us/work-here/) [Press](https://news.paymentworks.com/press) #### Contact Us - Sales [info@paymentworks.com](mailto:info@paymentworks.com) - Support [support@paymentworks.com](mailto:support@paymentworks.com) - Press [press@paymentworks.com](mailto:press@paymentworks.com) - HQ [info@paymentworks.com](mailto:info@paymentworks.com) ##### 51 Sawyer Road Suite 310 Waltham, MA 02453 © 2014 - 2021 PaymentWorks, Inc. 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