B2B Payment Fraud Prevention and Real-Time Payee Verification

Eftsure provides end-to-end B2B payment protection software designed to stop payment errors, fraud, and cybercrime targeting finance and accounts payable teams. The platform sits on top of existing accounts payable workflows and verifies a vendor's bank account name, account and routing numbers, and tax identification details in real time, immediately before a payment is released. Simple traffic-light style alerts, green for verified details and red for discrepancies, give finance staff confidence that funds are reaching the legitimate payee.

Verification draws on a large, proprietary, and continually updated database of confirmed vendor banking data, aggregated from a growing network of verified businesses in Eftsure's customer community, plus government and banking sources and other fraud signals. This Know Your Payee approach is built to catch threats that manual checks routinely miss, including vendor impersonation, business email compromise, fake and altered invoices, payment redirection scams, insider fraud, and increasingly AI-enabled social engineering.

Founded in 2014 and headquartered in North Sydney, Australia, Eftsure focuses on the moment of payment as the critical control point for protecting corporate cash flow. Payments verified through the platform are backed by the Eftsure Guarantee, offering coverage of up to one million dollars per customer for losses stemming from social engineering fraud. The product is aimed at CFOs, finance leaders, and accounts payable teams seeking cleaner vendor data, tighter onboarding controls, and greater assurance over outgoing payments.