The menace of white-collar crime
This video highlights the growing threat of white collar crime affecting finance teams, including invoice fraud, payment fraud, duplicate payments, and fake suppliers. It emphasizes that manual checks and human oversight are insufficient to catch all fraudulent activities. The content promotes Medius as an AI-powered solution that can detect anomalies, stop fraud, and protect payments before they occur, positioning AI as the essential tool for modern fraud prevention in finance operations.
White collar crime is on the rise. Invoice fraud. Payment fraud. Duplicate payments. Fake suppliers. Finance teams are under constant attack.
The most common types of fraud seen by Americans are scam emails, phone calls and texts. 50% of those surveyed said they felt there has been a rise in fraudulent activity in the past 12 months. 15% admit they would likely ignore messages they thought were fraudulent. And 64% said they wouldn't know how to report fraud.
7 out of 10 think there is a lack of understanding about what exactly a white collar crime entails. And 71% believe if they were to report a white collar crime to police, nothing would be done about it.
Manual checks aren’t enough. And humans can’t catch everything. AI can. Detect anomalies. Stop fraud. Protect every payment.
Before it happens. @medius
Explore more:
See AI at work in Medius
Discover how AI enhances accounts payable automation and improves finance operations.
Explore AP automation solutions
Learn how Medius reduces manual work and increases touchless processing.
Improve performance with benchmarks
Understand how KPIs and automation metrics drive measurable results.
Discover the Medius platform
See how automation, AI, and analytics streamline finance processes.