Fraud risks for financial institutions are coming from all directions, from bad actors targeting customers, to malicious insiders, to the rising threat of fraud from other businesses – vendors, suppliers, and others.

Business-to-business fraud is not necessarily new, but the scale and scope of risk from this area of fraud is increasing. Business-to-business risks are also changing, as more companies prioritize areas like cybersecurity, reputational risks and supply chain issues.

How can institutions navigate this tricky new reality, and what are some best practices for compliance professionals when considering business-to-business risks? In This Financial CrimeCast, we speak with Dori Buckethal, VP of Product Marketing – Risk and Fraud with Thomson Reuters, to understand the rising importance of “know your business” or KYB to protect organizations from B2B threats.

We’ll explore emerging areas like synthetic ID fraud in the B2B context, the findings of a recent benchmarking report on business-to-business fraud, how the use of generative AI may increase risks in this space, and more.

Listen Here: