Tuesday, January 7, 2020
2:00 – 3:00 pm (Eastern Time)
1:00 – 2:00 pm (Central Time)
12:00 – 1:00 pm (Mountain Time)
11:00 – 12:00 pm (Pacific Time)
This compliance training will take attendees through the different types of payment channels that are susceptible to elder financial exploitation and discuss how to mitigate the risks and identify potential elder financial exploitation events. The speaker will discuss wire transfers, checks, mobile RDC, person to person, Zelle, debit cards and other channels that are targets for fraudsters wishing to exploit elder adults.
- Overview of the Significance of widespread fraud in Elder Financial Exploitation
- Review of each targeted payment system and how fraudsters exploit elders
- Mitigation strategies for closing the gaps to stop elder financial exploitation events
- Staff training recommendations for identifying this type of fraud specific to the front-line
- Description of each payment channel and how fraudsters are exploiting elder adults
- Tools to mitigate and identify elder financial exploitation
- Red flags for identifying possible elder financial exploitation
Who Should Attend?
- Deposit Operations
- Electronic Banking
- Risk Management
- Fraud Management and support teams
- BSA Officer and support teams
- Retail and Treasury Departments
- Call Centers
- Senior Management
Throughout her career, Terri has served as a leader in the payments and fraud prevention industry, providing education, risk management and compliance consulting and support services geared toward the specific needs of financial organizations. Terri is an Advanced Certified Anti-Money Laundering Specialist, an At-Risk Adult Crime Specialist and an Accredited ACH Professional. Prior to founding Secura, Terri served as co-founder of Payments Information Circle (PIC), a service organization providing payments industry education, auditing, consulting, resources, and support services to financial organizations throughout the country. Prior to her work at PIC, Terri also served as the President of GACHA, a non-profit, regional payments association where she provided strategic direction for financial institutions in the payments industry. Terri began her career in payments as a Senior Analyst with the Federal Reserve Bank of Atlanta where she provided training throughout the Sixth District and served on the Federal Reserve ACH Conversion Team that consolidated ACH Services for all branch locations in the Sixth District.
1.0 CPE Credits & 1.2 AAP Credits