Protecting Your Business: Fraud Prevention Strategies with Moneris

In this episode of the CanadianSME Small Business Podcast, we explore the critical topic of fraud prevention and risk management for small businesses. As fraud becomes a growing concern for businesses of all sizes, understanding how to protect your operations is crucial. Today, we have the pleasure of speaking with Maria Cameron , Director of Risk Management at Moneris, Canada’s leading payment processing company. With years of experience in fraud detection and prevention, Maria leads Moneris’ strategy for identifying, managing, and mitigating fraud risks. During this episode, she shares insights on how small businesses, particularly in high-risk industries like automotive, can safeguard themselves against rising threats like MOTO Tire Fraud and adopt best practices for payment security. Key Highlights: Understanding MOTO Tire Fraud – Maria explains what MOTO Tire Fraud is, why it’s become a growing concern for auto shops, and how businesses can identify red flags. Preventing Fraud Across Industries – Learn about the common tactics used by fraudsters in various sectors and what steps businesses can take to reduce their risk. Moneris’ Role in Fraud Prevention – Discover how Moneris supports businesses with proactive tools and solutions designed to mitigate fraud risks. Alternatives to Manual Card Entry – Maria shares why manual card entry is risky and recommends safer methods for payment processing to minimize vulnerabilities. Future of Fraud Prevention – Insights on how businesses can stay ahead of evolving fraud schemes and the role Moneris will play in supporting Canadian businesses. We would like to extend our sincere thanks to Maria Cameron for joining us today and sharing her expertise on this critical issue. Her insights on identifying and combating fraud provide valuable guidance for all business owners looking to protect their operations. Shoutout to our sponsors for more information find their links below: RBC: https://www.rbcroyalbank.com/dms/business/accounts/beyond-banking/index.html UPS: https://solutions.ups.com/ca-beunstoppable.html?WT.mc_id=BUSMEWA Constant Contact: https://www.constantcontact.com/landing1/new-marketer?utm_campaign=canadiansme&utm_medium=sponsorlogo&utm_source=brand IHG Hotels and Resorts: https://businessedge.ihg.com/s/registration?language=en_US&CanSME Google: https://www.google.ca/ Don’t forget to subscribe to the CanadianSME Small Business Magazine at ww