Tackling ACH Fraud

Learn the most common and costly forms of ACH fraud, how to avoid it and the proper internal controls to have in place. The presenter will discuss the most current forms of specific ACH frauds.

Why Should You Attend:

Fraud committed using the ACH Network continues to evolve and losses continue to rise for businesses and financial institutions. Much of the fraud can be avoided if you know what to look for and have proper controls in place.

This session explores the most common and costly forms of ACH fraud (specific frauds determined closer to the event date to ensure we’re covering the most current). Plus we’ll look at what the Regulator’s expect or recommend to control fraud, valuable resources to help your organization minimize exposure, and best practices and controls that can help detect and curb these growing fraud trends.

Areas Covered in the Webinar:

• Common forms of ACH Fraud - Exact Topics TBD closer to event date
• Tips and Best Practices
• Assessing your risk
• Using training as a fraud prevention tool
• Internal controls
• Account controls

Applicable Regulatory guidance and expectations

• Investigations
• Suspicious Activity Reports
• Account monitoring
• How Regulator guidance and state law affects liability
• Resources

Learning Objectives:

• Examine common forms of ACH Fraud
• Record controls and best practices to avoid losses
• Identify applicable Regulatory guidance and expectations
• Review available resources

Who Will Benefit:

• Internal Auditors
• Risk Officers
• Compliance Officers
• Compliance Professionals
• Operational Risk professionals
• Operations
• AP/AR
• Audit Committee Members
• Director of Security/Investigators
• Information Security
• Trainers
• Executive Management