Preventing External Transfer Fraud

On Demand Course

Instructor: Kelly Rozier

Duration: 1 HR

What You'll Learn

External ACH transfer fraud poses a significant threat to financial institutions and often have weaker controls. Join us for an informative webinar focused on the essential elements of a strong internal control environment that can effectively prevent external ACH transfer fraud. In this webinar, attendees will learn what constitutes external ACH fraud, how this type of money movement works, common gaps in the process and lessons learned from significant monetary losses based on absence of controls.

Topics covered in this session

Common tactics used in external ACH transfer fraud and how to identify them
Key components of an effective internal control framework
Best practices for monitoring and securing ACH external transaction.
Effective tools used to combat this type of fraud
Lessons learned from recent fraud cases

Who Should Attend?

BSA Officers and Support Teams
Compliance Teams
Deposit Operation Teams
Electronic Banking Teams
Finance Department
Fraud Management Teams
Front-Line Teams (Customer/Member Service Representatives)
Internal Auditors
Information Security Officers
Risk Management
Senior Management/Executive Management

Accreditations

ABA (American Bankers Association)

ABA Professional Certifications is dedicated to promoting the highest standards of performance and ethics within the financial services industry. The Preventing External Transfer Fraud program has been approved for the credits listed on the right of this page. This statement is not an endorsement of this program or its sponsor. Certified professionals will report these credits at aba.csod.com.

Requesting CE:Upon completion of this course, please email creditrequest@nogginguru.com to obtain a CE certificate.

Nacha (National Automated Clearing House Association) -AAP/APRP

Nacha has approved this program as eligible for AAP or APRP Renewal Credit(s).

Requesting CE:
Upon completion of this course, please email creditrequest@nogginguru.com to obtain a CE certificate.

About the Author:

Kelly Rozier

Kelly Rozier is an Associate in the Commercial Litigation & Forensic Services group at Stout. She has 14 years of banking experience; specializing is Electronic Payments, Prior to joining Stout, Kelly was responsible for the payments governance and oversight for an 18 billion in assets financial institution. Kelly actively participated as a direct member of the National ACH Association’s Accredited Payments Risk Professional (APRP) that establishes the APRP test.

On-Demand Course