Preventing Internal Fraud with Critical Payments Controls

On Demand Course

Instructor: Terri Sands

Duration: 1 HR

What You'll Learn

Effective fraud response requires seamless collaboration between respondent and correspondent banks to ensure quick and decisive action. Join us for a specialized program that delves into the intricacies of fraud response and the importance of streamlined communication and cooperation between financial institutions.

Topics covered in this session

Roles and responsibilities of respondent and correspondent banks in fraud detection and response
Best practices for establishing and maintaining effective communication channels
Strategies for coordinating swift and efficient responses to fraud incidents
Tools and technologies that facilitate better data sharing and joint action plans

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

*This program does NOT qualify, nor meet the National Standard for NASBA accreditation

About the Author:

Terri Sands

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.

On-Demand Course