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Truenorth
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The COVID Impact: How Changing B2B Payment Behavior Has Affected Credit Risk

THE COVID IMPACT: HOW CHANGING B2B PAYMENT BEHAVIOR HAS AFFECTED CREDIT RISK

Cost Free
Presentation Length 1.0 hour

Recorded DateAugust 25, 2021
CPE:Not available
(archived webinars do not offer CPE credits)
Course LevelBasic
Course Description

In the fallout from the COVID-19 pandemic, B2B buyers and sellers alike have had to pivot significantly to adapt, migrating to digital channels like e-commerce to survive in a remote world. But as businesses have been grappling with COVID-19, many have also had to deal with increased fraud activity. Research from the Credit Research Foundation shows that 30% of professionals in the credit management community have experienced more instances of fraud since the pandemic began—payment fraud and synthetic identity issues chief among them. In this session, you’ll come to understand the intersection of payment digitization and credit risk and learn about strategies and technologies supporting fraud detection and risk management.

Learning Objectives:


  • Diagnose the kinds of fraud that credit professionals are currently seeing and their monetary impact

  • Recognize what it takes to reap the benefits of accepting B2B payments online while mitigating inherent security risks

  • Identify key fraud prevention and risk management strategies

  • Determine which technologies can support fraud detection and managing credit risk

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PLEASE NOTE: ARCHIVED WEBINARS DO NOT QUALIFY FOR CPE
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Truenorth

Joselin Martin is our founder and chief guide. She grew up in a family construction and real estate business and knows what it is like to never be able to leave work at the office. She learned accounting at 10 from the family bookkeeper and knows in her bones that cash is king. Joselin worked for a major accounting firm to get her CPA experience, but even there, she specialized in entrepreneurial businesses. She has continuously worked in private business ever since, with a short break in academia when she was a visiting assistant at the University of South Florida. Prior to founding True North, she worked for an international construction subcontractor, retiring in 2019 as its Chief Financial Officer.

Joselin is committed to all areas of the accounting profession, and her volunteer work includes board participation at the MACPA, AICPA, CGMA, and CCIFP. She has also moved to the international aspect of accounting by representing the AICPA on the Professional Accounting Organization Development and Advisory Committee of IFAC.

She is active in the construction industry, serving on CFMA, CFMA Maryland, and ASA Baltimore boards.  Joselin also participates on the CFMA Suicide Prevention Committee to increase the conversation around mental health in the industry.

When she’s not joining Zoom calls or attending in-person events, Joselin enjoys her garden, running, and trying her husband’s gourmet cooking.

About Our Sponsor

Versapay logo
Versapay is focused on changing the way companies do business together by offering Customer-Centric AR Automation and Order-to-Cash solutions for mid-market and enterprise businesses. We help our clients to offer a superior customer experience, enabling CFOs to accelerate cash conversion, collaborate online, and eliminate paper, checks and manual business processes. Based in Toronto with five offices across the US, Versapay is owned by Great Hill Partners, a Boston-based technology investment firm.