10:00 am – 11:30 am HST
12:00 pm – 1:30 pm PT
1:00 pm – 2:30 pm MT
2:00 pm – 3:30 pm CT
3:00 pm – 4:30 pm ET
Tellers and other staff who handle accountholder transactions are the first line of defense against fraud, money laundering, identity theft, and other crimes. What you know about these issues and how you handle them directly impact accountholders and can save your institution from potential losses. In 2017, financial institutions filed 148,290 suspicious activity reports on identity theft and related issues, and another 436,391 reports on frauds including checks, wire transfers, and ACH, including matters related to Ponzi, mass-marketing, and pyramid schemes. This webinar will provide the tools and best practices necessary to ensure your institution stops fraud at the frontline.
Attendance certificate provided to self-report CE credits.
- What type of documentation can you rely upon when opening an account and performing transactions requested by the accountholder?
- Who are the perpetrators and what are the common types of fraud?
- Identifying when an accountholder is being victimized by a fraudster (or family member)
- Red flags of reportable suspicious activity, including money laundering
- When to notify risk management/fraud/BSA department employees of suspicious activity related to an elderly person or dependent adult
- TAKE-AWAY TOOLKIT
- Red flags checklists for various frauds
- Resources for authenticating certain checks and money orders
- Checklist for identifying potentially fraudulent negotiable instruments
- Employee training log
- Quiz to measure staff learning and a separate answer key
WHO SHOULD ATTEND?
This informative session is designed for new accounts staff, tellers, services representatives, call center staff, compliance personnel, and auditors.
NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your financial institution is prohibited. Print materials may be copied for eligible participants only.