Co-founder and CEO Mike Kontorovich says: “Cybercrime targeted at businesses is fuelled by a perfect storm of e-mail usage, social engineering and gaps in payment systems. The result is that businesses aren’t paying who they think they’re paying. Our solution seamlessly overlays a customer’s existing internet banking portal and doesn’t require any IT integration.”

https://www.finextra.com/newsarticle/34214/know-your-payee-provider-eftsure-secures-25-million-in-funding