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Givealittle was manually verifying around 40 new bank accounts each day, requiring significant time and careful review. By introducing account verification, the organisation has streamlined the process by approximately 80%.
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New data released today by not-for-profit, anti-scam solutions provider, GetVerified, reveals a significant shift in payment behaviour.
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Based in Te Anau in Southland, Fiordland Lobster Company (FLC) manages a sophisticated export operation. With a broad network of fishers and suppliers, FLC found that traditional bank account checking was becoming a bottleneck and a potential security risk. The team began looking for a solution to streamline processes and strengthen security.
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For almost 25 years, NZ Fuel Cards has helped businesses purchase fuel directly from suppliers and manage payments through a centralised card system. Today, the service issues fuel cards daily, offers a dedicated app, and provides a management and billing platform through FlexR. As fraudsters become more sophisticated, the team sought to strengthen their onboarding and payment processes.
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