This training program will offer attendees a greater understanding of payment types that are declining and those that are growing: ACH, CHIPS, and Fedwire. Plans and polices to combat payment theft and related fraud will also be detailed in the webinar.
The task of replacing these systems is so daunting; no wonder no one wants to launch a project to overhaul the enterprise payments network within the business or within the banks. The yearly payment volumes - B2B only - of processors such as CHIPS, Fedwire, SWIFT, and ACH are growing steadily, while checks are declining at a small single-digit rate.
The task of replacing these systems is so daunting; no wonder no one wants to launch a project to overhaul the enterprise payments network within the business or within the banks. The yearly payment volumes - B2B only - of processors such as CHIPS, Fedwire, SWIFT, and ACH are growing steadily, while checks are declining at a small single-digit rate.
In the course of this training program, attendees will participate in informative discussions on the above and learn key aspects of the role and key players involved B2B payments.
Why Should You Attend:
The B2B payments industry in the US is struggling with an identity crisis. Regulatory authorities are demanding that the payments industry tighten their reins on the adherence to regulations and compliance mandates; technology is enabling payments providers, banks, and networks to venture further into new frontiers; practitioners are worried about security; and infrastructures are getting old and in need of repair or replacement.The task of replacing these systems is so daunting; no wonder no one wants to launch a project to overhaul the enterprise payments network within the business or within the banks. The yearly payment volumes - B2B only - of processors such as CHIPS, Fedwire, SWIFT, and ACH are growing steadily, while checks are declining at a small single-digit rate.
The task of replacing these systems is so daunting; no wonder no one wants to launch a project to overhaul the enterprise payments network within the business or within the banks. The yearly payment volumes - B2B only - of processors such as CHIPS, Fedwire, SWIFT, and ACH are growing steadily, while checks are declining at a small single-digit rate.
In the course of this training program, attendees will participate in informative discussions on the above and learn key aspects of the role and key players involved B2B payments.
Areas Covered in the Webinar:
- Payment types that are declining and those that are growing: ACH, CHIPS, and Fedwire
- B2B check fraud and controls to put in place
- Key aspects of the role and key players involved B2B payments
- Regulatory agencies and their roles
- Role of the compliance officer
- Movement from paper to electronic and the issues that arise
- Non-bank payment channels
- Plans and polices to combat payment theft and related fraud
- Red flags to watch for and prevention methods
- Best practices for GRC
Who Will Benefit:
- Payments Professionals
- Bank Compliance Officer
- Cash Management Professionals
- Risk/Compliance Officer
- Deposit Operations Managers
- Corporate finance Officers
- Regulatory Compliance Associates and Managers
Course Provider
Ray Graber,
