Eftsure launching international verification service

Internal Controls
Eftsure launching international verification service

Cybercriminals don't respect international borders. In fact, they love that your international payments are made vulnerable by difficult verification processes, different time zones and language barriers.

That's why we're launching international payment verification across 39 markets including most of Europe, as well as the US and Canada, India, Japan and South Korea.

Why is international payment protection so important right now?

A report published recently by New Zealand’s National Cyber Security Centre found a 14.7% increase in reported financial losses during the first quarter of 2025, with investigators highlighting business email compromise (BEC) scams as a significant driver of the NZ$7.8 million total.

Growing access to AI tools is compounding these risks by making it cheaper and easier for criminals to target legitimate businesses with payment redirection and fake invoice scams.

The low-risk, high-reward nature of these crimes has seen them become established criminal enterprises, especially in developing nations. These risk factors are leaving businesses dangerously exposed to payment fraud, especially when dealing with vendors in overseas markets.

“International payments involve different languages, time zones, payment systems and regulatory environments,” says Eftsure CEO, Jon Soldan.

“That’s why we’re proud to offer international payment verification, giving our clients the same level of financial security when dealing with overseas vendors.”

CFOs agree: international payment verification is a pain point

For a while now, we've heard from customers that international payments are a big pain point for AP teams. We've even heard from some of you that it's not just about fraud risks – it's also about needing easier, more efficient processes for both staff and vendors.

“It’s a real pain trying to verify overseas vendors. Time zones, faceless departments — it’s all manual and slow,” said Lynne Sampson, Group CFO of Positive Real Estate. “Having a trusted third party like Eftsure step in will save us time and give us real confidence in international payments.”

Eftsure minimises international payment risks by embedding a proprietary, multi-layered verification process throughout an organisation’s payments. We also work with respected partners including the clearing house Nacha in the US and BNP Paribas in Europe.

Given the critical nature of payment protection and the scale of associated risk, we're actively looking to work with organisations that manage business payment processes. A complete list of supported countries is available here.

Author

Catherine Chipeta

Published

21 Oct 2025

Reading Time

2 minutes

security-image

The New Security Standard for Business Payments

security-image
security-image