nsKnox

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nsKnox is a fintech-security company enabling corporations and banks to prevent fraud and ensure compliance in B2B Payments

Founded and led by Alon Cohen, Founder & former CEO of CyberArk (NASDAQ: CYBR), we help organizations - Banks & corporations avoid significant financial losses, heavy fines, and reputational damage.
Leveraging its patented Cooperative Cyber Security™ (CCS) and groundbreaking Bank Account Certificate™ technologies, nsKnox’s solutions detect and prevent finance & ops infrastructure attacks, social engineering, business email compromise (BEC), insider fraud, and other Advanced Persistent Fraud attacks. 

nsKnox offers an end-to-end technology-driven solution, the PaymentKnox™ Payment Security Platform, that integrates with the company’s unique global account validation technology, master data security, and automated payment transaction scanning to eliminate the vulnerabilities of manual processes.

PaymentKnox™ for Banks Is an end-to-end Payment Security service provided by nsKnox for banks and their corporate customers.
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The platform ensures that in every transaction your organization processes: 

• The beneficiary is legitimate and authorized.
• The exact transaction has been approved pre-process by the bank customer.
• The beneficiary is an nsKnox verified owner of the account.   

Backed by Microsoft Ventures, Viola Ventures, Link Ventures and additional investors, nsKnox is based in New York, Tel Aviv and London.
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Find out more: https://nsknox.net/​​​

FEATURED SESSIONS

Treasurer’s Guide to Fraud Prevention

FRAUD PREVENTION

PAYMENTS FRAUD REPORT 2023

PaymentKnox™ for Accounts Payable
Protect outgoing payments

A unique global account validation technology, master data security, and automated payment transaction scanning, that eliminates the vulnerabilities of manual processes with an automated, reliable and highly secured approach to preventing fraud in outgoing payments.

PaymentKnox™ for Accounts Receivable
Protect incoming payments

A technology-driven, automated, and highly secured process for preventing incoming fraud by empowering your paying customers to easily make sure that your bank account details are validated, before they transfer payments to you.

PaymentKnox™ for Banks
Payment security & compliance for banks and corporate clients
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A secured SaaS platform that applies three layers of robust protection that goes far beyond signatory rights to protect both the corporate client and the bank.

Protect B2B payments against fraud

Cybercriminals today are increasingly targeting corporate payments in their effort to defraud organizations out of millions of dollars.
With the number of annual attacks as well as the scope of financial damages continually on the rise, it is clear that existing controls and security measures are simply not robust enough.

• 87% of companies with revenues at >$1B were hit by payments fraud
• 30% of companies experienced an increase in fraud instances
• >$100M can be lost in a single incident

nsKnox offers an end-to-end solution with PaymentKnox™ - interested in learning more about how we can help? 
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Download the overview here to learn all about it.

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Payment security & compliance for banks and corporate clients
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​Organizations are under a constant threat of losing millions of dollars to payment fraud and are looking to their bank for solutions. 
Banks themselves are at risk for failing to detect and prevent fraudulent transactions. 

Fraudsters have become exceedingly adept at leveraging sophisticated technologies to hack an organization's communications and business systems so they can execute fraudulent payments, and cybercriminals are able to compromise signatory rights.
 
This reality means no bank can afford to rely solely on this measure when authorizing B2B payments.
PaymentKnox™ for Banks is our new solution, tailored specifically for banks, allowing any bank to:

• Ensure that every beneficiary paid by the bank is Legitimate and authorized.
• Verify that the bank’s target recipient is the rightful account owner, anywhere in the world.
• Assuring that the bank’s target account owner doesn’t appear in global sanction lists.

Download it here and get started on your journey to powerful corporate payments protection.

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