Managing Faster Payments Risk & Fraud

Auditing & Accounting Compliance Frontline & New Accounts Operations

On-Demand Webinar:

StreamedMay 18, 2023Duration60 minutes

Unlimited & shareable access starting two business days after live stream
Available on desktop, mobile & tablet devices 24/7
Take-away toolkit
Ability to download webinar video
Presenter's contact info for questions

See Registration Options

The world seems to be continually spinning faster – and it’s taking the financial services industry with it.

Take this opportunity to learn how to recognize, evaluate, and avoid the risk and fraud attendant to faster payments. The danger zones, risks, and fraud are real. This dynamic webinar will provide the expert insight you need.

AFTER THIS WEBINAR YOU’LL BE ABLE TO:

Identify the risk associated with faster payments
Implement controls for faster payments
Understand the rules governing various faster payments networks
Identify OFAC requirements for faster payments
Distinguish between different faster payments networks

WEBINAR DETAILS

All payments have risk and a potential for loss due to risk mismanagement and fraud! With payments moving faster than ever before along the RTP network, the FedNow Service, and other avenues, how have those risks evolved or changed? Are there new danger zones? Are there new ways to address this risk? Will faster payments equal faster fraud? Will fraud increase with the release of a faster solution? Learn the answers to these questions and more while building a risk-management program for a faster payment solution.

WHO SHOULD ATTEND?

This session is best suited for directors, managers, compliance officers, and operations personnel.

TAKE-AWAY TOOLKIT

CFPB’s Electronic Fund Transfers FAQs
OFAC’s Sanctions Compliance Guidance for Instant Payment Systems
Nacha’s 9/22/22 Risk Management Framework
RTP Rules Interpretation, Fraud Reporting, and Acting on Alerts
FedNow fraud resource links
Employee training log
Interactive quiz
PDF of slides and speaker’s contact info for follow-up questions
Attendance certificate provided to self-report CE credits

NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your institution is prohibited. Print materials may be copied for eligible participants only.