The digitization of payments brought speed and ease to processing, but bad actors continue to find new and clever ways to launder, hack, and phish payment and user data – costing institutions millions of dollars, not to mention reputation damage. This has led to increased security measures and compliance standards by governing bodies, legislators, and the payments industry. Fraud attempts directed at colleges and universities increased by nearly 200% since 2020. While universities are prime targets, taking a platform approach to your payment environment helps mitigate security risks and improve compliance management.

During this session, our presenters will walk through the strategy of taking a platform approach to payments on campus. We’ll share how this enterprise-level strategy helps institutions centralize controls, reporting, reconciliation, and compliance efforts while providing fraud mitigation tools that you can implement today on your campus.

Key Objectives:

• Understand the types of payment fraud on campus.
• Discover tools that can reduce your campus’ risk of financial loss.
• Learn best practices to detect, defend, and prevent fraud on your campus.