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On-demand webinar

Is AI receipt fraud really a threat to your business?

Receipts created with the help of AI image generators are on the rise. But do they represent a realistic risk to your business?

In this webinar, head of product marketing, Rory Choudhuri explains what’s at stake for you and your finance team.

In this webinar, you’ll learn:

  • How finance teams are facing fraud attempts today
  • Why today’s spend management systems lack resilience
  • What the right platform can do to protect your company’s funds
Who’s speaking

Speakers

Join Alanna and Rory as they delve into your most frequently asked questions around AI receipt fraud.

Watch the webinar
Rory Choudhuri
Rory Choudhuri
Head of Product Marketing
Soldo
LinkedIn
Alanna Alexander
Alanna Alexander
Senior Copywriter
Soldo
LinkedIn

Frequently asked questions

Everything you need to know about spend management.

What is AI-generated receipt fraud, and why is it a problem now?

AI tools can now create hyper-realistic fake receipts — complete with VAT codes, location data, and even paper creases. What once required time and skill is now available to anyone with a prompt. It is not just the scale that is new, but the speed and accessibility. And if your business still relies on reimbursements or paper-based expense processes, you are more exposed than you think. Explore modern alternatives to reimbursements

How do per diems help and where do they fall short? 

Per diems are daily allowances given to employees to cover travel expenses. They simplify admin because employees don’t need to submit individual receipts. However, per diems lack detail, making it hard for finance teams to track actual spend, optimise costs, or prevent abuse. 

Are business credit cards a good solution for controlling spend? 

Business credit cards do provide limits and some level of control, but they come with challenges. Credit adjustments can be slow, and finance teams still need to reconcile receipts and chase reports. Without accountability, employees may delay or skip expense submissions, increasing the workload for finance. 

What are the risks of using petty cash or reimbursements for expenses

Petty cash and reimbursements shift the burden onto employees, requiring them to use personal funds or rely on informal cash systems. This creates stress for employees, slows down reconciliation, and increases opportunities for fraud. Both approaches add manual admin and limit transparency for finance teams. 

How does Soldo help prevent fake receipt fraud?

Soldo eliminates the conditions that allow fake receipts to slip through. Instead of relying on reimbursements or manual uploads, every transaction made through a Soldo card is tracked in real time, categorised automatically, and tied to a specific user, wallet, and policy. 
There is no need to cross-check receipts after the fact — spend is verified as it happens. Learn more about how Soldo enforces spend control

Can Soldo replace our current credit card and reimbursement processes?

Yes. Soldo combines the control of a corporate card with the flexibility teams need — without the hidden admin or delays. You can issue cards instantly (physical or virtual), set custom rules by team or location, and automate approvals and top-ups. 
It gives you visibility without relying on end-of-month reconciliation. See how Soldo simplifies business spend

Still have questions?

Can’t find the answer you’re looking for? Please chat to our friendly team.

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The financial services provided to customers resident in or with registered office in the UK are provided by Soldo Financial Services Ltd., a company incorporated in the UK with company number 09495650, whose registered office is 119 Marylebone Road, London, NW15PU, United Kingdom, authorised as an Electronic Money Institution by the Financial Conduct Authority (firm registration number 900459). Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. The card is issued by Soldo Financial Services Ltd pursuant to a licence issued by Mastercard International Inc. Soldo Financial Services Ltd. (data protection number: ZA147304) complies with all applicable data protection and privacy legislation in force from time to time in the UK and the EU including the General Data Protection Regulation ((EU) 2016/679) and the Data Protection Act 2018. All communications related to financial services provided by Soldo Financial Services Ltd shall be sent to Soldo Financial Services Ltd., 119 Marylebone Road, London, NW15PU, United Kingdom.