All-in-one solution for preventing
and detecting wire transfer fraud
Trustpair helps major groups’ financial departments verify their suppliers’ bank details and automatically check their payments.
Ensure that every payment reaches
the right supplier with the right bank account.
Check supplier bank details within minutes
Nowadays, financial departments don’t have the right tools to check their suppliers’ bank details in a secured way. Insecure manual checks, process complexity, inputting errors : the lack of security in their controls increases the risk of fraud.
Trustpair automatically verifies new company account details instantly, identifying any errors or anomalies before the data reaches your Vendor Master File.
It helps you save time, money and allows operational teams to devote their energy to the core of their job. No technical setup is needed.
Audit your Vendor Master File continuously
Managing and cleaning a Vendor Master File is a real challenge for financial departments. Trustpair found around 30% of obsolete data within clients’ VMF. This phenomenon comes from a lack of control on supplier data within time. Keeping Vendor data up to date is an operational and legal task to prevent fraud.
Trustpair continuously reviews and analyzes your Vendor Master File, ensuring your data is up-to-date and helping you identify and correct any errors or anomalies. An Audit Report will guide you and your team through correction guidelines and suggest enriched data automatically.
Secure your suppliers payments
Multiplying checks within your Vendor Master File throughout the transaction journey allows signatories to proceed to transfer instructions with a complete peace of mind.
Trustpair automatically verifies your payment files before funds are released to your bank, and alerts you to anomalies or unusual behavior.
Trustpair is able to detect, block, and alert any fraud attempt in real time. Also, our platform delivers a binary risk assessment inviting you to pay your supplier, or not.
Financials from major companies use Trustpair
to check their suppliers’ bank details automatically.
With Trustpair’s control method, it is no longer just a consistency check but an exact confirmation of the validity of the supplier: the risk has been suppressed.
The application was very easy to use and the platform is ultra-simple to use. All the more reason to adopt the tool, which was eagerly awaited. We are delighted to have a tool that allows us to say that IBAN control is now 100% reliable.
The control process is simplified with the Trustpair solution, the Finance Department is reassured and, above all, it no longer needs to waste time performing manual checks to verify a supplier’s bank details.
Trustpair’s capacity to check supplier data at a very high speed is impressive ! Every time we verify a bank account in the app, we get a confirmation email in less than a minute to ensure that it is the right bank account for the right supplier.