Rest easy knowing your card and invoice transactions are being monitored for fraudulent activity. Receive notifications when vendor payment details change or when card transactions appear suspicious.
Security & Fraud Detection
Secure, safe payments.
Built in Risk Management
Add a Layer of Protection from Scammers
Protect against unauthorized vendor bank account changes by configuring workflows to require that bank account changes are approved. Two-factor authentication for bank account changes via the vendor portal helps protect vendors from scams.
Enhance Safety with Card Controls, Spend Limits, and Locking Conditions
Eliminate confusion and friction for employees. Direct them to gather the required information and documentation for various stakeholders like IT, procurement, and legal so that all necessary approvals are secured before a purchase is made.
Fraud Detection & Notification
Card owners are promptly notified if a suspected fraudulent charge has been attempted. These alerts are sent to the employee’s email and also appear on your dashboard. If you detect an unauthorized transaction, simply let us know and we will begin processing a dispute on your behalf.
Never Waste Time on a Compromised Card Again
If a corporate card does get compromised, we make it easy for the finance team to identify all recurring expenditures on the card and quickly replace it. You can also make vendor-specific virtual cards to avoid this step entirely.
Protecting Vendor Accounts
When vendors manage their account details through our Vendor Portal, you don’t need to worry about whether an email requesting an update of account details is valid or not. You are notified of account changes, and they’re flagged on the dashboard.
Two-factor authentication is in place for changes to protect against bad actors who may gain access to a vendor account.
SOC 1 and SOC 2 Type II Compliance
We engage reputable audit firms who perform annual independent attestations for SOC 1 and SOC 2 Type II.
“The fraud protection that Airbase by Paylocity offers is another great value add. If anyone changes the vendor, or if vendor bank details change, we get a notification to review and approve those changes. That additional layer of control for a controller ensures we’re paying the right bills to the right third parties. ”
Eoin Hession, Controller at Medely