Graphite Connect Launches $250K Anti-Fraud Payment Guarantee Powered by Industry-Leading Security Waterfall

‍LEHI, Utah — March 23, 2026 — Graphite Connect, the only supplier management platform built on patented Network architecture, today announced the launch of the anti-fraud Graphite Diamond Guarantee. This industry-first feature combines a $250,000 payment guarantee and a revolutionary, multi-layered data and identity validation process that transforms standard “Golden Records” into diamonds — the strongest commercial supplier data in the enterprise ecosystem.

From Raw Data to Compressed Perfection

The "Golden Record" has been the gold standard for clean data, but Graphite’s Diamond Guarantee goes further. By applying multiple layers of cutting-edge technology in its proprietary Security Waterfall, Graphite identifies potential vendor fraud during onboarding and ongoing vendor management. The Diamond Guarantee protects payments to qualified accounts for up to $250,000, giving peace of mind to Treasury, AP & Finance teams.

In 2025 alone, Graphite's standard security protocol was the backbone its customers used to facilitate roughly $250 billion in payments. The protocol identified 5,467 potential vendor fraud attempts in 2025 with zero fraudulent payments made to bad actors.

The Strength of the Diamond Guarantee

The Diamond Guarantee is an expansion of Graphite’s standard security program. It’s powered by a multi-faceted security protocol that ensures no single point of failure can compromise supplier integrity. This proprietary blend of technology and services validates 97% of global banks in seconds.

“No other bank data service offers this level of comprehensive coverage and protection from all facets. Graphite’s Network Protection, combined with global bank beneficiary data, user identity data, and global callback services, supported by user, domain, and device review, establishes Graphite as the global leader in protecting your supplier bank data,” says Conrad Smith, Graphite CEO.

A New Standard for Enterprise Security

"With AI, business email compromise and vendor fraud is easier than ever for bad actors," said Graphite VP of Operations Kasey Smith. "The Diamond Guarantee isn't just about better data; it’s about giving enterprise procurement and finance teams the ability to sleep well at night knowing they can onboard new suppliers and pay them seamlessly without introducing risk to the business.”

The Diamond Guarantee is now available for Graphite Enterprise customers. Protected bank accounts that qualify are clearly marked with a Diamond visual in the Graphite platform, giving procurement and finance teams full visibility into the security checks conducted and confidence to transact safely with global suppliers.

For more information, visit graphiteconnect.com.

About Graphite 

Graphite Connect is a supplier management platform that drives clean vendor data & faster onboarding through AI & automation. Our patented network lets suppliers create one shareable profile containing validated commercial data and documents, creating one source of truth for vendor data that streamlines your day-to-day supplier management.

Media Contact

Kali Geldis 

VP of Marketing

kali@graphiteconnect.com

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