Sheila Stuyvenberg and Maggie Stauff, Author at BizTimes

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Banking & Finance

Reduce your risks of fraud

Payments-related fraud is startlingly common. In 2012, two-thirds of businesses reported actual or attempted fraud related to payments, according to the Association for Financial Professionals Payments Fraud and Control Survey. The average loss from payment fraud in 2012 was $20,300.

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