CyberGuide - Information Security and Cyber Risk Management

PaymentWorks

Angela Sarno
51 Sawyer Road, Suite 310
Waltham, MA 02453
617.500.8580
info@paymentworks.com


About PaymentWorks:

Payee management is a complex, manual, people-intensive, and error-prone process – making it vulnerable to attacks by fraudsters, costly to manage, and difficult to comply with intense regulatory requirements and scrutiny.

PaymentWorks has been uniquely designed and architected as a first-of its-kind business identity platform to complement other procure-to-pay systems that are ill-suited to the task.  The platform enables customers to automate the collection and verification of business identity information for all their payees and allows for the continuous monitoring and updating of the information – while thwarting any efforts to hijack an existing vendor record and redirect payments.  PaymentWorks protects your organization from business payments fraud and ensures compliance with increasingly intense regulatory requirements and scrutiny.

Survey Answers

Target Client Size
Greater than $250M
Does US business in
Northeast, Southeast, Midwest, Southwest, West
Does international business in
N/A
Primary Service Offering
Cybersecurity Software Provider
Number of employees
50 to 100
Company Founded
2013
What are your core cybersecurity offerings?
PaymentWorks eliminates the risk of business payments fraud, reduces cost and ensures regulatory compliance by automating complex payee-management processes for every type of payee. We verify, among other items, Tax Id’s and bank account ownership and assume the risk of payments fraud for our customers.