2022 End-User Payments Fraud Symposium

When:  Oct 19, 2022 from 09:30 to 17:05 (ET)

Event Details
Wednesday, October 19, 2022
9:30 am - 5:05 pm ET
Up to 7.4 AAP/APRP CEU Available
Virtual Event

Event Registration*
Member Price: $250.00
Non-Member Price: $500.00

NEACH is once again partnering with PaymentsFirst and Southern Financial Exchange, to bring you the 2022 End-User Payments Fraud Symposium.

This one-day virtual event combines leading industry experts to discuss trends in payments fraud as well as ways to manage and mitigate fraud risk. From current trends in financial fraud to tips for tackling scams in Buy Now, Pay Later services and ACH solutions, this event provides the latest information from some of the most well-known investigators and risk management specialists in the country.

Based on feedback from our 2021 inaugural event, we have expanded the agenda to include general business-focused sessions so both financial institutions and businesses gain a deeper understanding of common forms of payments fraud that any organization may encounter and how to manage the threats.

Special Offer! Financial institutions, take advantage of this opportunity to educate and engage your business clients. Your registration includes an option to register your business clients at no additional cost! Once registered, complete this form to enroll your business clients.

Takeaways! Each registration includes bonus take-away resources and tip sheets to share in your organization!

(See full session descriptions after agenda)

09:30 am – 09:35 am ET | Welcome and Opening Remarks | Sean Carter, NEACH

09:35 am – 10:45 am ET | Preventing and Responding to Elder Financial Exploitation| Kate Kramer, CFPB

10:45 am – 11:00 am ET | Break

11:00 am – 12:30 pm ET | Consumer Payments Fraud in a Digital World | Jennifer Aguilar, Alston & Baird and Diana Kern, SHAZAM

12:30 pm – 01:00 pm ET | Lunch

01:00 pm – 01:50 pm ET | Using Data to Detect and Combat Fraud| Jane Hennessy, Teradata and Shawn Princell, RIBBIT 

02:00 pm – 02:10 pm ET | Break

02:10 pm – 03:00 pm ET | Buy Now, Pay Later (BNPL) Risk/Fraud | Jane Hennessy, Teradata

03:00 pm – 03:10 pm ET | Break

03:10 pm – 4:00 pm ET | Current Trends in Financial Fraud | Tara McLeese, Secret Service

04:00 pm – 04:10 pm ET | Break

04:10 pm – 05:00 pm ET | Fraudsters Targeting Your Business| Mark Dixon, NEACH and Rayleen M. Pirnie, NEACH 

05:00 pm – 05:05 pm ET | Closing Remarks | Allen Young, PaymentsFirst

Preventing and Responding to Elder Financial Exploitation - Kate Kramer, CFPB
Join the CFPB’s Office for Older Americans to hear about common fraud and scams that target older adults and learn to recognize red flags of elder financial exploitation. Be among the first to hear findings from CFPB’s new research on factors impacting the recovery of funds lost to elder financial exploitation. We will also introduce you to the many free tools from CFPB that you can use to prevent financial abuse and educate older adults and caregivers in your community. 

Using Data to Detect and Combat Fraud - Jane Hennessy, Teradata and Shawn Princell, RIBBIT 

What do fraudsters love most? Chocolate, touring Boston on a sunny day, or speed? What do customers demand? Faster payments. Is this a recipe for a potent cocktail or mocktail? Stay ahead of bad actors & mitigate risk from this potentially lethal combo. We know data is new oil. Use it like sunscreen - apply liberally & often to protect. And use it before you expose yourself to risk. 
If that isn’t enough to grab your attention, another reason you should care is the potential shift of liability to financial institutions. It will hit your bottom line sooner rather than later as new regulatory guidance could maintain that fraudulently-induced transactions, even those approved by the consumer, are considered unauthorized. 

Payment Fraud & Error Resolution - Jennifer Aguilar, Alston & Baird and Diana Kern, SHAZAM
Where payments go, fraud will follow, and it’s followed us into the digital age. Join an experienced payments attorney and a veteran trainer from a debit card processor and network to explore trends in electronic payments fraud. Jennifer and Diana will identify a variety of schemes related to card and ACH payments and introduce you to recently announced rules for FedNow‚Ą†. If you’re frustrated by P2P error resolution, you’ll learn steps to help you determine who’s responsible and hear practical advice for complying with both Reg E and the global brands’ rules.

Buy Now Pay Later (BNPL) Risk/Fraud - Jane Hennessy, Teradata

Buy Now Pay Later (BNPL) has been around in some form since the mid 1800s but revitalized itself during the recent pandemic. It has experienced significant growth in the past two years. The number of users globally is expected to grow 157% by 2027 to 900 million. As users flock to this alternative, so do fraudsters, particularly using tactics such as account takeover and synthetic identities.   Fraud is just one of the risks associated with BNPL. This session will cover risks to consumers, merchants and institutions offering BNPL, as well as the risk of not offering BNPL. It will also include some recommendations of ways to mitigate the risks.

Current Trends in Financial Fraud - Tara McLeese, Secret Service
Tara McLeese is the Resident Agent in Charge of the Baton Rouge Office and oversees all United States Secret Service criminal cases in the Middle and Western District of Louisiana. These cases include complex cyber enabled financial crimes investigations: Identity Theft, Bank Fraud, Wire Fraud, Mail Fraud and Computer Fraud. Tara will highlight some of the common scams occurring in the State such as Business Email Compromise Scams and Money Mule Scams and will discuss best practices for how the private sector can work with Federal Investigators.

Fraudsters Targeting Your Business - Mark Dixon, NEACH and Rayleen M. Pirnie, NEACH 

*Registration Price is person