Account Takeover
May 12, 2025 9:20 am |
A type of fraud in which attackers gain unauthorized access to a legitimate user’s payment or banking account.
Archives
Accounting Software
May 12, 2025 9:20 am |
A system for recording and managing a company’s financial transactions, often integrated with ERP and AP solutions.
Accounts Payable (AP)
May 12, 2025 9:20 am |
The amount a company owes to suppliers for goods and services received but not yet paid.
ACH (Automated Clearing House)
May 12, 2025 9:20 am |
A U.S. electronic network used to process batch payments like payroll, vendor payments, and direct deposits.
AP Card
May 12, 2025 9:20 am |
A credit or virtual card used by AP teams to pay suppliers, offering more control and often generating cash-back rebates.
API (Application Programming Interface)
May 12, 2025 9:20 am |
A set of protocols and tools that allow different software systems to connect and communicate.
Artificial Intelligence (AI)
May 12, 2025 9:20 am |
The use of computer systems to simulate human intelligence processes like learning, reasoning, and decision-making—often applied in AP automation for data capture, fraud detection, and workflow optimization. B
Bank Identification Number (BIN)
May 12, 2025 9:20 am |
The first six digits of a card number, identifying the issuing financial institution.
Business Email Compromise (BEC)
May 12, 2025 9:20 am |
A cybercrime in which attackers impersonate executives or suppliers to fraudulently divert payments. C
Card-Not-Present Transaction
May 12, 2025 9:20 am |
A transaction processed without the physical card, such as online or phone payments.
