Prevent Bank Change Fraud
Prevent Bank Change Fraud
Bank change fraud is the class of schemes where an attacker convinces AP to send future payments to a fraudulent account—often by email claiming an “updated” wire or ACH destination. It is one of the highest-loss vectors for mid-market finance teams.
How Vantirs detects this attack type
Vantirs compares requested bank and routing details against each vendor’s historical payment footprint in QuickBooks Online. A change from established beneficiaries triggers review, with context so approvers can validate out-of-band before funds move.
Prevention checklist
Use this list alongside Vantirs to tighten controls and make reviews consistent across clients and bookkeepers.
- ✓ Never accept bank changes from email alone; call the vendor on a known number.
- ✓ Maintain a vendor master with validated banking info and change procedures.
- ✓ Use positive pay or ACH blocks where your bank supports them.
- ✓ Document who approved each change and when.
- ✓ Alert the team when a “change” coincides with a new email domain.
Stop bank change fraud before payment leaves QuickBooks
Vantirs fingerprints vendors and flags mismatches so your team approves payments with confidence—without slowing down legitimate work.