Description
nsKnox is a fintech-security company specializing in preventing B2B payment fraud for corporations and banks. Its solutions validate bank accounts globally before payments are made, ensuring funds reach the intended recipients. nsKnox offers two main product families: PaymentKnoxTM for Corporates, which protects outgoing and incoming payments for finance teams, and PaymentKnoxTM for Banks, a fraud protection service for banks to offer their corporate clients.
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nsKnox protects against major categories of B2B payment fraud, including Business Email Compromise, deepfake AI attacks, vendor impersonation, social engineering, insider fraud, and cyberattacks on ERP systems. Its unique technology, Knox VerifyTM, provides complete global coverage by validating out-of-network accounts directly through the banking system.
The Cooperative Cyber SecurityTM (CCS) platform is a patented technology that underlies all nsKnox products. It mathematically shreds data into fragments distributed across multiple independent systems, making it resistant to quantum computing attacks and ensuring tamper-proof data protection.
Deployment options include a SaaS portal requiring no IT effort, automated file transfer compatible with most ERP systems, and direct ERP API integration for deeper integration. nsKnox serves organizations across industries, including manufacturing, financial services, insurance, and technology, aiming to eliminate fraud risk and ensure compliance.
PaymentKnoxTM for Banks applies three layers of verification to every payment: legitimacy check, account ownership verification, and sanctions screening. This service offers banks a new revenue stream, reduced liability, regulatory compliance, and competitive differentiation without requiring changes to core banking systems.
- CategoryFraud Detection
- Pricing ModelSaaS
- DeploymentCloud
- PlatformsWeb
nsKnox Corporate Payments Fraud Prevention's Core Features
Global account validation
Protection against BEC and deepfake AI attacks
Vendor impersonation prevention
Social engineering defense
Insider fraud protection
Cyberattack prevention on ERP systems
Cooperative Cyber SecurityTM technology
Quantum-resistant data protection
SaaS portal deployment
Automated file transfer integration
Direct ERP API integration
Three-layer payment verification
Legitimacy check
Account ownership verification
Sanctions screening
How to use nsKnox Corporate Payments Fraud Prevention?
Configure: Set up account validation parameters
Use: Monitor transactions for fraud detection
Integrate: Connect with ERP systems for seamless operation
Optimize: Adjust settings based on fraud patterns
nsKnox Corporate Payments Fraud Prevention's Use Cases
- Fraud prevention
- Account validation
- Data protection
- ERP integration
- Compliance assurance
