Procure-to-pay fraud can redirect legitimate supplier payments into fraudulent bank accounts by exploiting weaknesses across onboarding, vendor management, and payment processes. As AI makes impersonation and document forgery more convincing, organizations may need stronger, connected controls across the supplier lifecycle. In this episode, Tom Abbey, UK & IE Country Manager at Trustpair, joins host Alex Pillow to discuss how procure-to-pay fraud often works, where traditional controls fall short, and how continuous digital verification can help organizations protect supplier payments. Key topics include: - How fraudsters divert genuine supplier payments to fraudulent bank accounts - Why supplier onboarding and bank-detail change requests are particularly vulnerable - Business email compromise, synthetic identities, deepfakes, and AI-generated documents - The limitations of callbacks, bank statements, and other manual verification methods - The importance of checking suppliers at multiple points throughout the payment lifecycle Follow and connect with us on LinkedIn: Alex Pillow: https://www.linkedin.com/in/alex-pillow Tom Abbey: https://www.linkedin.com/in/tom-abbey-uk/ Additional resources: Trustpair whitepaper: https://trustpair.com/resources/fraud-in-the-cyber-era-2026-fraud-trends-insights/ Moody’s supplier risk landing page: https://www.moodys.com/web/en/us/solutions/compliance-third-party-risk/supplier-risk.html To learn more, visit: https://www.moodys.com/ © 2026 Moody’s Corporation and/or its licensors and affiliates. All rights reserved. Go to www.moodys.com/pages/globaldisclaimer.aspx for complete legal terms and conditions governing use of Moody’s information made available in this video.

 198