Dates of Event & Pricing

$295 for Webinar and Playback*

*Playback has no expiration.

  • Wednesday, April 7, 2021

  • 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)

Curriculum

Wire transfers are a higher risk payment channel based on its credit-only, irrevocable and no structured return system.  Wires can be sent both domestically and internationally and most financial institutions offer consumers and businesses these services on a daily basis. 

This payments webinar will take attendees through effective risk management controls to ensure is embedded in a wire program including systems, training and monitoring, regulatory guidance, laws and rules that support the wire transfer system and those controls necessary to combat the increased external fraud threats that exists today. 

Topics covered:

  • Regulatory guidance, expectations and laws of the wire transfer system
  • OFAC expectations of an outgoing and incoming wire transfer (e.g. sender, receiver, etc.)
  • Key controls of your wire transfer program
  • External threats from traditional fraud, elder financial exploitation and disaster events fraud
  • Tips for implementation, monitoring and reporting of the effectiveness of the wire transfer program


Who Should Attend?

  • Branch Management
  • Client facing teams
  • Deposit Operations
  • Fraud Management
  • Information Security 
  • Information Technology 
  • BSA/AML Officers and Support Staff
  • Customer Service Representatives/Tellers
  • Call Centers
  • Treasury Management
  • Risk Management
  • Compliance 
  • Internal Audit
  • Executive Management

Instructor

  • Terri Sands

    Terri Sands

    Secura Risk Management / Founder


    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.

Credits

1.0 CPE Credits & 1.2 AAP Credits