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Fraud prevention

CashXChain combines account controls, partner checks, and operational safeguards to reduce fraud risk.

Fraud risks​

Common risks in B2B payments include:

  • Account takeover.
  • Fake supplier or invoice fraud.
  • Beneficiary manipulation.
  • Social engineering.
  • Payment redirection.
  • Smurfing or transaction splitting.
  • High-risk corridors or counterparties.
  • Compromised API credentials.

Platform controls​

What CashXChain does today:

  • The payee-name check — Confirmation of Payee and Verification of Payee — before a payout is sent, where the corridor has one.
  • Plan limits on single payments, daily and monthly volume, in USD.
  • Holds and a platform-wide pause, which stop money movement at once.
  • Two-factor sign-in, and step-up for every dashboard payout.
  • Request logs of API-key calls, and a recorded decision for every platform delegation.

There are no approval thresholds, review queues or alert webhooks; build those in your own system where you need them.

Customer controls​

Customers should implement:

  • Multi-factor authentication.
  • Out-of-band beneficiary verification.
  • Dual approval for large payments.
  • API key secret management.
  • Monitoring for abnormal payment patterns.
  • Clear internal escalation paths.

Onboarding checks​

In production, every business passes our pre-check at onboarding — blocked jurisdictions and industries — and our banking partner's review before it can move money. See KYB.

Suspicious activity​

A payout can be refused before it moves — an account on hold is 403 account_on_hold, a payee name the receiving bank does not recognise is 422 payee_name_mismatch — or fail at the partner after it was accepted, which shows as failed. See Errors and Payouts.