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PaymentWorks Celebrates Successful Year Driven by Accelerated Market Shift to Digital Payments ...


Press release content from Globe Newswire. The AP news staff was not involved in its creation.
PaymentWorks Celebrates Successful Year Driven by Accelerated Market Shift to Digital Payments .
PaymentWorksJanuary 19, 2021 GMT
WALTHAM, Mass., Jan. 19, 2021 (GLOBE NEWSWIRE) The impact of the global pandemic on the way we conduct business significantly accelerated the market shift to digital payments, especially among enterprises which still predominantly rely on check based payments. Moreover, the massive disruption to the workplace as organizations transitioned to virtual operations exposed them to unprecedented cyber threats, most notably business payments fraud which according to the FBI saw a dramatic uptick in 2020. PaymentWorks unique business identity platform automates the complex payee management process and eliminates the risk of business payments fraud. By helping organizations make the critical shift to digital payments and secure their operations from exter ....

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