Payment Fraud That Looks Ready for Approval
The Trustmi Payment Security & Risk Benchmark Report 2026
of payment fraud attacks use invoices, W-9s, or bank details—documents that appear legitimate and are difficult to verify across high volumes.
As attacks become more complete and convincing, socially engineered fraud is projected to exceed $40 billion annually by 2027.
Generative AI is accelerating that shift. Emails, invoices, financial documents, and entire vendor conversations can now be produced instantly. What once required effort and coordination is now fast, scalable, and highly convincing. The result is payment fraud that enters finance workflows looking complete, approved, and ready to be processed.
Based on the analysis of 260 real-world B2B payment fraud incidents in 2025, this report reveals how attackers engineer payment requests to pass your financial controls.
When Finance Controls Break Down
Payment fraud does not break controls. It moves through them.
92% of attacks start with a trusted identity, often impersonating vendors or executives using real accounts and familiar context.
They are reinforced with documentation. Invoices, W-9s, and bank details make the request look legitimate.
Then comes validation. In 90% of cases, the fraudster’s bank account is valid, active, and in good standing.
Each step checks out.
The transaction does not.
You’ll Learn:
- The 3 payment fraud playbooks that lead to approved, fraudulent payments
- How this problem extends beyond finance and must be co-owned with security
- What finance leaders must change to reduce risk without slowing down operations
Trusted by Finance and Security Leaders
"Trustmi provided transparency into our payment process to see where cyberattacks and errors were happening and full protection without changing our workflow."
"Like many businesses today, we've experienced cyber attacks on our payment process, but we didn't realize the extent to which we were at risk until we evaluated Trustmi. Now we're confident we'll be able to avoid future attacks with their platform."
"Trustmi's platform is an important tool for our team. Their Payment Flows module increases our payment cycle security, and our team has also managed to cut down the time for preparing payments reports from half a day to half an hour."
$200 Billion Secured
Protecting businesses globally against socially engineered fraud and errors.
Zero Compromise
Stops fraud without disrupting
legitimate payments.
Trusted by Finance and Security Leaders
“Trustmi provided transparency into our payment process to see where cyberattacks and errors were happening and full protection without changing our workflow."
“Like many businesses today, we’ve experienced cyber attacks on our payment process, but we didn’t realize the extent to which we were at risk until we evaluated Trustmi. Now we’re confident we’ll be able to avoid future attacks with their platform.”
“Trustmi’s platform is an important tool for our team. Their Payment Flows module increases our payment cycle security, and our team has also managed to cut down the time for preparing payments reports from half a day to half an hour.”
“Trustmi provided transparency into our payment process to see where cyberattacks and errors were happening and full protection without changing our workflow."
“Like many businesses today, we’ve experienced cyber attacks on our payment process, but we didn’t realize the extent to which we were at risk until we evaluated Trustmi. Now we’re confident we’ll be able to avoid future attacks with their platform.”
“Trustmi’s platform is an important tool for our team. Their Payment Flows module increases our payment cycle security, and our team has also managed to cut down the time for preparing payments reports from half a day to half an hour.”
$240 Billion Secured
Protecting businesses globally against socially engineered fraud and errors.
Up to 2.5% of Budget Saved
By Eliminating Fraud and Payment Errors
From Hours to Seconds
Manual Process Time Reduced
Behavioral AI-powered security
Protection on day one
10-15x ROI
