Tuesday, November 10, 2020
12:00 – 1:00 pm (Eastern Time)
11:00 – 12:00 pm (Central Time)
10:00 – 11:00 am (Mountain Time)
9:00 – 10:00 am (Pacific Time)
Check and Deposit fraud losses are estimated to be in excess of $18 billion each year. With more and more counterfeit checks and increased use of mobile RDC, this number is expected to increase. Financial institutions often find themselves in vulnerable situations when appropriate controls are not in place or staff circumvent procedures (knowingly or unknowingly) on the front-line.
This payments compliance webinar will cover check fraud schemes at the branch location and through other channels such as merchant and mobile RDC services. Learn how to identify and prevent check fraud through staff training, effective internal controls, and ongoing monitoring and oversight.
- Overview of Check and Deposit Fraud
- Tools for identifying fraud on the front-line
- Different forms of Check and Deposit fraud, including kiting, forgeries, etc.
- Case studies of procedures/controls circumvented that resulted in check fraud losses
Who Should Attend?
- Client Facing Management/Staff
- Electronic Banking Management/Staff
- BSA Officers and support teams
- Client Call Centers
- Internal Auditors
- Risk Managers
- Deposit Operations
- Senior Management
- This payments webinar will include a frequently asked questions document.
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