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Payments Fraud Bootcamp (3-Part Series)

February 21 @ 2:00 pm - 3:00 pm EDT

|Recurring Event (See all)

An event every day that begins at 2:00pm, repeating until February 22, 2018

$549

Register Now
This 3-part Payments Webinar Bootcamp is designed to give banks and credit unions the insights and resources needed to mitigate risk, losses, and exposure associated with payments fraud.

Sign up for 1, 2 or all 3 Parts!

PART 1

Payments Fraud: Understanding How Cybercrime Trends Impact Your Institution and Customers

Tuesday, February 20, 2018

  • 2:00 – 3:00 pm ET
  • 1:00 – 2:00 pm CT
  • 12:00 – 1:00 pm MT
  • 11:00 – 12:00 pm PT

The level of inherent cyber security risk varies significantly across financial institutions; however, regulatory scrutiny has significantly increased as cyber-attacks have become a standard course of
business for fraudsters and a normal occurrence among financial institutions and companies. Cybercrime has become an advanced persistent threat as the country’s financial infrastructure is so dependent upon electronically based internet systems.

This webinar will focus on the threats, the FFIEC Guidance which is the minimal guidance for financial institutions to comply, effective payment fraud mitigation controls and the importance of incident response plans.

Topics Covered:

  • Reviewing the Threat
  • Defining Payments Fraud and Cybercrime
  • Review of FFIEC Guidance on Cybersecurity
  • Cybercrime trends impacting your payments programs
  • Best business practices for mitigating payments fraud
  • Best business practices for documenting your incident response plan in the case of a cyber attack

Who Should Attend?

  • Fraud Management Staff
  • Payments Professionals
  • Compliance Management/Staff
  • Information Security Officers
  • Electronic Banking Management/Staff
  • Internal Auditors
  • Risk Managers
  • Deposit Operations Management/Staff
  • Senior Management

PART 2

Building a Payments Fraud Risk Assessment Program to Understand Fraud Exposure and Mitigate Financial and Reputational Risk

Wednesday, February 21, 2018

  • 2:00 – 3:00 pm ET
  • 1:00 – 2:00 pm CT
  • 12:00 – 1:00 pm MT
  • 11:00 – 12:00 pm PT

A financial institution moves transactions through multiple networks using multiple systems for processing, settlement, monitoring and reporting each day. With the movement of money, there are many avenues of risks – some higher than others but all needing the appropriate attention to understand the extent of risk controls in place and those that need to be changed/updated or added.

This webinar will focus on creating a payments fraud risk assessment program that aggregates
all your payments risks into one risk assessment and highlights areas of residual risks that if not addressed could lead to reputational and financial loss.

Topics covered:

  • Defining Payments Fraud
  • Review of Payment Fraud categories
  • Guidance on how to build your fraud risk assessment
  • Best business practices for analyzing results and resolving gaps
  • Best business practices for reporting fraud trends

Who Should Attend?

  • Fraud Management Staff
  • Payments Professionals
  • Compliance Management/Staff
  • Electronic Banking Management/Staff
  • Information Security Officers
  • Internal Auditors
  • Risk Managers
  • Deposit Operations Management/Staff
  • Senior Management
  • Enterprise Risk Management

PART 3

Elder Financial Exploitation: Program Documentation is Now a Regulatory Requirement!

Thursday, February 22, 2018

  • 2:00 – 3:00 pm ET
  • 1:00 – 2:00 pm CT
  • 12:00 – 1:00 pm MT
  • 11:00 – 12:00 pm PT

In March 2016, the Consumer Financial Protection Bureau published an Advisory for Financial Institutions on Recommendations for financial institutions on preventing and responding to elder financial exploitation. This guidance was published for the purpose of outlining how a financial institution should identify and respond to elder financial exploitation. Since this advisory, regulators have begun requesting financial institutions elder financial exploitation programs and requesting how financial institutions are responding to this type of crime. In addition, FinCEN also stresses to financial institutions to include elder financial exploitation on suspicious activity reports.

This hour and half online fraud prevention banking webinar will focus on three important areas of regulatory expectations as it relates to Elder Financial Exploitation: 

  • Fundamentals of Elder Financial Exploitation
  • Best business practices for documenting your Elder Financial Exploitation Policy/Program
  • Consumer Financial Protection Bureau (CFPB) Regulatory Guidance from March 2016 and August 2016
  • BSA/AML Regulatory expectations
  • Financial institution training recommendations
  • Best business practices for working with law enforcement and Department of Aging Services

Pricing

$549 for all 3 Sessions plus Playbacks*
$249 for individual Session plus Playback*

* Playbacks do not expire and may be shared internally. Event may have been pre-recorded.

Credits

3.6 AAP Credits
3.0 CPE Credits

Your Speaker

Terri Sands, AAP CAMS
Founder, Secura Risk Management

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