KPMG, nsKnox team up for anti-fraud cyber solution
The KPMG-designed Secure Payments is powered by nsKnox, and it combines KPMG’s know-how practices in finance, compliance, controls, and cyber security consulting with nsKnox’s technology, in a bit to detect and prevent payment fraud in real time. The company’s offering will provide organisations with an end-to-end defense against fraud in supplier payments, whether caused by cyber-attacks, internal fraud, social engineering, or data manipulation attempts.
KPMG Secure Payments addresses payment processes and supplier verification vulnerabilities in the payment chain, and it provides access to nsKnox’s suite of services, facilitating existing payment infrastructures with sophisticated security controls that flag and block fraud attempts in real-time. Moreover, KPMG Secure Payments includes advanced payment verification and data protection, risk and policy checks, ‘Know Your Supplier’ verification processes, and a secure Global Payee Repository.
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