JPMorgan Chase has introduced digital tools to help protect businesses against fraud.
In Brief:
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Fraud Protection Services offers enhanced fraud prevention tools for SMEs.
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It aims to help them protect their businesses and manage money safely.
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The service is available online to small and medium sized clients.
What does this mean?
According to a survey supported by the bank, 81% of businesses experienced payments fraud last year. It wants to support security features for businesses such as a debit block annd cheque protection.
