With Trustpair, monitor your third parties and avoid vendor fraud.. Secure your payment processes and keep your company’s cash safe.
Payment processes are vulnerable to vendor fraud from start to finish. Implement best-in-breed software integrated directly in your TMS.
Fighting fraud is a constant challenge for treasurers. Losing money to fraudsters means:
Prone to errors and fraud, the payment chain is at risk. Increase payment process security with Trustpair to prevent payment errors and wipe out the risk of vendor scams.
Keeping up to date and complying with all regulations related to payment processes is complex. Have visibility on third-party controls and keep track of the actions taken in accordance with the legal requirements.
Account validation is one of the key actions organizations need to do well to protect themselves and remain compliant with US, UK, and European laws.
Trustpair provides automated account validation before any payment is sent, enabling Treasury Teams to be compliant even in case of vendor data changes.
Trustpair leverages the most effective combination of banking data, smart algorithms, and human expertise to spot any suspicious activity before any payments are sent.
We have access to the most comprehensive network of bank account databases on the market to provide thorough automated account validation, all of that in real-time.
The results? Total protection against the risk of fraud, both from direct cyber attacks and social engineering attacks.
Treasury departments have more peace of mind and can function easily. Your team can focus on managing the challenges of treasury management without having to worry about vendor fraud. Trustpair is the tool to adopt to be more efficient, compliant, and secure.
The treasurer is not the only one to deal with payment security issues: operational teams and finance managers are also involved. Efficiency and collaboration are therefore critical for smooth and secure processes. Collaborating on one platform breaks down silos and ensures 360° collaboration.
As companies grow, traditional fraud prevention and third party controls can reduce productivity.
Manual fraud prevention controls (by email, text message, callbacks, etc) take up at least 30 minutes for one vendor. With Trustpair’s automated instant validation, results are instant.
at any of our 300+ clients
covered by our banking data sources
of vendor evaluations delivered instantly
Experience Seamless Security in Action. Request Your Demo Today !
Treasurers hold a unique position within the company – they have access to and responsibility for the company funds. Of course, many treasury departments use tech and physical barriers to ensure this money remains secure. But fraudsters are creating increasingly more complex scams to target the accounting and treasury departments.
Think about it: the treasury department is a mecca for the movement of money, making missing funds much easier to hide. With responsibilities like budgeting, complying with the IRS, and documenting expenses, it’s easy for the day-to-day work to take over (and fraud attempts to go under the radar).
While other departments are restricted by budgets or the need to request approvals, treasurers are the team that controls the company budgets and approves or denies those request
Treasury departments are vulnerable to three main types of fraud:
These frauds exploit vulnerabilities in payment processes, communication channels, and internal controls, highlighting the need for robust security measures and vigilant oversight in treasury operations.
Trustpair offers innovative solutions to address the evolving challenges Treasurers face:
By addressing these key areas, Trustpair equips Treasurers with the tools to navigate future challenges in an increasingly complex and digital financial landscape.
Financial fraud prevention refers to the strategies and measures organizations implement to protect their assets from fraudulent activities. It involves:
Effective financial fraud prevention requires a comprehensive approach that combines technology, processes, and human vigilance to safeguard an organization’s financial assets and maintain the integrity of its operations. It’s an ongoing process that evolves with new threats and technological advancements.
Automate Safely
Our software automates vendor controls, reducing time-consuming and manual processes, prone to human errors and fraud. Your teams will gain time and peace of mind.
Gain Efficiency
We offer flexible integration modes and can easily connect to your existing TMS, designing an easy-to use solution suited to your specific business
Control Globally
Confidently validate vendor bank accounts globally and validate vendor legitimacy across 200 countries thanks to the most comprehensive banking data sources network
"Trustpair gives us more reliability and peace of mind. The financial director is more serene when it comes to approving the transfer order."
"With Trustpair’s verification methodology, it's no longer just a consistency check but an exact confirmation of the validity of the third party: there is no longer any risk."
"With Trustpair, we are able to automatically and quickly monitor our third parties and ensure the security of that very data over the long term."
“I would definitely recommend Trustpair to finance departments. It makes adding and modifying beneficiaries more reliable, without resorting to manual processes that are cumbersome, time-consuming and fallible.”
“The control process is simplified with the Trustpair solution, the Finance Department is reassured and, above all, it no longer needs to waste time performing manual checks to verify a supplier's bank details.”
"Trustpair adapts very well to the specifics of our market and our way of working. Several features are developed as we work together. That's a real plus."
"Trustpair has become more than a reflex; it has become an obligation. The team no longer validates an IBAN unless Trustpair has confirmed it to us."
Thanks to Trustpair, we’ve made a significant shift in our security processes and filled the gaps we needed to fill. Trustpair has proved to be a committed and trustful partner and we’ve appreciated the support and transparency.
We’ve gone from manual and time-consuming fraud controls to automated bank account validation done directly in SAP. The workload has been drastically reduced and payment security is now guaranteed.
Webinar: 2025 Fraud Trends and Insights