How monitoring capabilities reduce your risk
Work with M&T to set up fraud reduction and risk management tools.
Preventing payroll scams
Small businesses that don’t have adequate payment monitoring could be susceptible to payroll fraud, whereby someone exploits the company’s payment process to send money where it isn’t supposed to go. Wage fraud could include internal embezzlement or result from outside cyber attacks that steal company payment credentials. Having the ability to track your small business’s payments and detect unusual account activity is the key to protecting your assets. M&T Bank can help.