Posts tagged with "wire transfer"

Documenting Wire Transfer Risk Assessment

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Wire Transfer Operations Risk

Sample Slide from Presentation Deck

The FFIEC requires that financial institutions manage the risks associated with using the wire transfer networks to transmit wholesale payments. Wire program controls have been criticized by regulators based on controls that while years ago were effective are now no longer sustainable. Over the past several years, there have been significant cybercrime related incidents that have drawn the attention to internal controls of a financial institutions wire transfer program.

This banking webinar on wire risk will take attendees through all related risks and provide useful tools to complete your wire transfer risk assessment.

Elements Covered:

  • Wire Transfer Risks Reviewed
    • Definitions and Wire Process Flow
    • Different Types of Wire Transfers Explained
  • Types of Risks Explained and Best Practices for Mitigation
    • Credit Risk
    • Operations Risk
    • Fraud Risk
    • Reputational Risk
    • Legal and Compliance Risk
    • Third Party Risk
  • Tips for Completing a Strong Risk Assessment

Who Should Attend?

  • Internal Auditors
  • Compliance Officers
  • Risk Managers
  • Wire Transfer Supervisors
  • Electronic Banking
  • Deposit Operations
  • Branch Management
  • Senior Management
  • Enterprise Risk Management

Pricing

$249 for Webinar and Playback*
*Playback has no expiration and may be shared internally. Event previously recorded.

Date of Event

Thursday, August 9, 2018

  • 2:00 – 3:00 pm (Eastern Time)
  • 1:00 – 2:00 pm (Central Time)
  • 12:00 – 1:00 pm (Mountain Time)
  • 11:00 – 12:00 pm (Pacific Time)

Credits

  • 1.2 AAP Credits
  • 1.0 CPE Credits

Your Speaker(s)

Terri Sands AAP CAMS
Founder, Secura Risk Management

About the Speaker

Terri Sands is a recognized leader in the Payments industry with decades of hands-on experience in payments compliance, risk management and more. She founded Secura Risk Management 8 years ago to deliver education, consulting and auditing services in the areas of payments risk management (ACH, RDC, Wire Transfer, Debit Cards), BSA/AML, fraud prevention, and physical security for financial institutions and FinTech companies. 

Terri is also Director of Payments Risk Management at State Bank & Trust (GA). Previously, she was Managing Director of Payments Information Circle, President of GACHA, and Training Manager for ACH Services at the Federal Reserve Bank. Terri has been an instructor for BankersHub for almost ten years.

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Wire Transfer Fraud – Moving from Reactionary to Preventative

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Wire Transfer is a credit only, irrevocable and immediate payment system which makes it unfortunately a haven for fraudsters. Many financial institutions may have gaps in their wire transfer program that may go undetected until a fraudulent attack occurs. This payments webinar provides a deep dive into a vulnerable wire program ranging from how wire transfer instructions are received to how the wire transfer is funded and originated.

This payments webinar will also open financial institutions eyes to the blind spots they may have missed in their wire transfer fraud prevention program. Learn lessons from other financial institutions that have been hit with wire fraud and how they quickly implemented procedures and best business practices to close the gap. This webinar is not one to miss!

Topics covered:

  • Review of the Wire Transfer Topology
  • Review of Common Wire Gaps
  • Reactionary Business Practices vs. Preventive Business Practices
  • Real Life Case Studies of Wire Fraud and Lessons Learned
  • Best Business Practices for Resolving Wire Transfer Gaps

Pricing

$249 for Webinar and Playback*
*Playback has no expiration and may be shared internally. Event previously recorded.

Date of Event

Tuesday, August 7, 2018

  • 2:00 – 3:00 pm (Eastern Time)
  • 1:00 – 2:00 pm (Central Time)
  • 12:00 – 1:00 pm (Mountain Time)
  • 11:00 – 12:00 pm (Pacific Time)

Credits

  • 1.2 AAP Credits
  • 1.0 CPE Credits

Your Speaker(s)

Terri Sands AAP
Founder, Secura Risk Management

About the Speaker

Terri Sands is a recognized leader in the Payments industry with decades of hands-on experience in payments compliance, risk management and more. She founded Secura Risk Management 8 years ago to deliver education, consulting and auditing services in the areas of payments risk management (ACH, RDC, Wire Transfer, Debit Cards), BSA/AML, fraud prevention, and physical security for financial institutions and FinTech companies. 

Terri is also Director of Payments Risk Management at State Bank & Trust (GA). Previously, she was Managing Director of Payments Information Circle, President of GACHA, and Training Manager for ACH Services at the Federal Reserve Bank. Terri has been an instructor for BankersHub for almost ten years.

 

Register Now Pay by Check

Wire Transfer Fraud – Moving From Reactionary to Preventative

Register Now

Wire Transfer is a credit only, irrevocable and immediate payment system which makes it unfortunately a haven for fraudsters. Many financial institutions may have gaps in their wire transfer program that may go undetected until a fraudulent attack occurs. This payments webinar provides a deep dive into a vulnerable wire program ranging from how wire transfer instructions are received to how the wire transfer is funded and originated.

This webinar will also open financial institutions eyes to the blind spots they may have missed in their wire transfer fraud prevention program. Learn lessons from other financial institutions that have been hit with wire fraud and how they quickly implemented procedures and best business practices to close the gap. This webinar is not one to miss!

Topics covered:

  • Review of the Wire Transfer Topology
  • Review of Common Wire Gaps
  • Reactionary Business Practices vs. Preventive Business Practices
  • Real Life Case Studies of Wire Fraud and Lessons Learned
  • Best Business Practices for Resolving Wire Transfer Gaps

Who Should Attend?

  • Wire Transfer Management/Staff
  • Fraud Management Staff
  • Electronic Banking Management/Staff
  • Treasury Management
  • Account Officers
  • Branch Management/Staff
  • Client Call Centers
  • Internal Auditors
  • Risk Managers
  • Deposit Operations
  • Senior Management
  • Enterprise Risk Management

Pricing

$249 for Webinar and Playback*
*Playback has no expiration and may be shared internally

Date of Event

Monday, April 23, 2018

  • 2:00 – 3:00 pm (Eastern Time)
  • 1:00 – 2:00 pm (Central Time)
  • 12:00 – 1:00 pm (Mountain Time)
  • 11:00 – 12:00 pm (Pacific Time)

Credits

  • 1.2 AAP Credits
  • 1.0 CPE Credits

Your Speaker(s)

Terri Sands AAP
Founder, Secura Risk Management

About the Speaker

Terri Sands is a recognized leader in the Payments industry with decades of hands-on experience in payments compliance, risk management and more. She founded Secura Risk Management 8 years ago to deliver education, consulting and auditing services in the areas of payments risk management (ACH, RDC, Wire Transfer, Debit Cards), BSA/AML, fraud prevention, and physical security for financial institutions and FinTech companies. 

Terri is also Director of Payments Risk Management at State Bank & Trust (GA). Previously, she was Managing Director of Payments Information Circle, President of GACHA, and Training Manager for ACH Services at the Federal Reserve Bank. Terri has been an instructor for BankersHub for almost ten years.

 

Register Now Pay by Check

Documenting Wire Transfer Risk Assessment

Register Now

The FFIEC requires that financial institutions manage the risks associated with using the wire transfer networks to transmit wholesale payments. Wire program controls have been criticized by regulators based on controls that while years ago were effective are now no longer sustainable. Over the past several years, there have been significant cybercrime related incidents that have drawn the attention to internal controls of a financial institutions wire transfer program.

This banking webinar on wire risk will take attendees through all related risks and provide useful tools to complete your wire transfer risk assessment.

 

Who Should Attend?

  • Internal Auditors
  • Compliance Officers
  • Risk Managers
  • Electronic Banking
  • Deposit Operations
  • Branch Management
  • Senior Management
  • Enterprise Risk Management

Pricing

$249 for Webinar and Playback*
*Playback has no expiration and may be shared internally

Date of Event

Wednesday, April 18, 2018

  • 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)

Credits

  • 1.2 AAP Credits
  • 1.0 CPE Credits

Your Speaker(s)

Terri Sands AAP CAMS
Founder, Secura Risk Management

About the Speaker

Terri Sands is a recognized leader in the Payments industry with decades of hands-on experience in payments compliance, risk management and more. She founded Secura Risk Management 8 years ago to deliver education, consulting and auditing services in the areas of payments risk management (ACH, RDC, Wire Transfer, Debit Cards), BSA/AML, fraud prevention, and physical security for financial institutions and FinTech companies. 

Terri is also Director of Payments Risk Management at State Bank & Trust (GA). Previously, she was Managing Director of Payments Information Circle, President of GACHA, and Training Manager for ACH Services at the Federal Reserve Bank. Terri has been an instructor for BankersHub for almost ten years.

Register Now Pay by Check

Wire Transfer Gaps that Will Open the Door to Fraudsters

Register Now

Wire Transfer is a credit only, irrevocable and immediate payment system which makes it unfortunately a haven for fraudsters. Many financial institutions may have gaps in their wire transfer program that may go undetected until a fraudulent attack occurs. This payments webinar provides a deep dive into a vulnerable wire program ranging from how wire transfer instructions are received to how the wire transfer is funded and originated. This wire transfer webinar will open a financial institutions eyes to the blind spots they may have never realized they had. Learn lessons from other financial institutions that have been hit with wire fraud and how they quickly implemented procedures and best business practices to close the gap. This wire transfer webinar is not one to miss!

This online bank webinar will cover:

  • Review of the Wire Transfer Topology
  • Review of Common Wire Gaps
  • Real Life Case Studies of Wire Fraud and Lessons Learned

Best Business Practices for Filling Your Wire Transfer Gaps

Pricing

$249 for Webinar and Playback*
*Playback has no expiration and may be shared internally
NOTE: Portions previously recorded

Dates of Event

Tuesday, February 13, 2018

  • 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)

Credits

  • 1.2 AAP Credits
  • 1.0 CPE Credits

Your Speaker(s)

Terri Sands AAP

Founder, Secura Risk Management

Terri Sands

Register Now Manual Invoice

Bank Secrecy Act – ACH and Wire, Know your Responsibilities

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Recent regulatory focus and well-publicized BSA enforcement actions support a climate proving BSA compliance remains of paramount importance to all financial institutions.

Pricing

$249 for Webinar and Playback*
*Playback has no expiration and may be shared internally

Date of Events

Tuesday, December 5, 2017

  • 2:00 – 3:00 pm (Eastern Time)
  • 1:00 – 2:00 pm (Central Time)
  • 12:00 – 1:00 pm (Mountain Time)
  • 11:00 – 12:00 pm (Pacific Time)

Credits

  • 1.2 AAP Credits
  • 1.0 CPE Credits

Your Speaker

PaymentsFirst
Regional Payments Association (RPA)

Register Now Manual Invoice

Wire Fraud Risk Exposures You May Overlook

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Still receiving Emailed, Faxed and Phoned-in requests to send Wires?

In this session, attendees will understand that geography does matter in how wire transfer requests are received. Financial institutions face significant threats of social engineering that sits outside of the online banking system.

Learn the various methods used by fraudsters to trick employees and your customers to surrender their information and best business practices on how to implement strong controls to mitigate against such risks.

This session will also include a best business practice document for your

  • Front-line/branch staff,
  • Account officers, and
  • Back-office in identifying possible wire fraud activity.

Pricing

$249 for Webinar and Playback*
*Playback has no expiration and may be shared internally
NOTE: Portions of this webinar may have been pre-recorded

Dates of Event

Friday, December 1, 2017

  • 2:00 – 3:00 pm (Eastern Time)
  • 1:00 – 2:00 pm (Central Time)
  • 12:00 – 1:00 pm (Mountain Time)
  • 11:00 – 12:00 pm (Pacific Time)

Credits

  • 1.2 AAP Credits
  • 1.0 CPE Credits

Your Speaker(s)

Terri Sands AAP

Founder, Secura Risk Management

Terri Sands

Register Now Manual Invoice

ACH, Wire and RDC Audit Expectations for IT Safety and Soundness Exams

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Safety and Soundness exams continue to have significant regulatory scrutiny.

  • What about the strategy of your ACH, Wire and RDC program?
  • Are financial isntitutions being strategic about their plans to implement a structure that supports the threats and regulatory scrutiny of ACH, Wires and RDC?
  • Do you have appropriate incident response plans in place that supports your payments program and are your customers complying with network and regulatory requirements?

Learn the latest expectation of complying with IT Safety and Soundness exams .

What is covered in this Payments Webinar:

  • ACH, Wire and RDC regulatory expectations and guidance
  • Network requirements
  • Lessons learned from ACH, Wire and RDC audits
  • What financial institutions learned from recent regulatory exams

Pricing

$249 for Webinar and Playback*
*Playback has no expiration and may be shared internally

Dates of Event

Thursday, May 11, 2017

  • 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)

Credits

  • 1.2 AAP Credits
  • 1.0 CPE Credits

Your Speaker(s)

Terri Sands AAP

Founder, Secura Risk Management

Terri Sands

Buy Playback Now Manual Invoice

Wire Fraud Risk Exposures You May Overlook

Buy Playback Now

Still receiving Emailed, Faxed and Phoned-in requests to send Wires?

In this session, attendees will understand that geography does matter in how wire transfer requests are received. Financial institutions face significant threats of social engineering that sits outside of the online banking system.

Learn the various methods used by fraudsters to trick employees and your customers to surrender their information and best business practices on how to implement strong controls to mitigate against such risks.

This session will also include a best business practice document for your

  • Front-line/branch staff,
  • Account officers, and
  • Back-office in identifying possible wire fraud activity.

Pricing

$249 for Webinar and Playback*
*Playback has no expiration and may be shared internally

Dates of Event

Tuesday, April 4, 2017

  • 2:00 – 3:00 pm (Eastern Time)
  • 1:00 – 2:00 pm (Central Time)
  • 12:00 – 1:00 pm (Mountain Time)
  • 11:00 – 12:00 pm (Pacific Time)

Credits

  • 1.2 AAP Credits
  • 1.0 CPE Credits

Your Speaker(s)

Terri Sands AAP

Founder, Secura Risk Management

Terri Sands

Buy Playback Now Manual Invoice