Fraud Prevention in Treasury Management

Event Details*
Thursday, August 22, 2024
2:00 - 3:00 pm ET
Webinar; 1.2 AAP/APRP CEU Eligible
Level: Advanced

Event Registration**
Member Price: $150.00
Non-Member Price: $325.00
**$150 member registration fee includes 3 registrations. Additional members may be registered for $25/person. All members must be registered at the same time, and you must be logged in to receive this pricing.


Fraud is everywhere and there are some astonishing statistics on how pervasive of an issue this continues to be. It may come as no surprise that fraud issues continue to plague all types of businesses. From insider fraud to account takeovers to business email compromises and even cyber-attacks businesses are vulnerable to potential losses related to higher risk financial services offerings. With this risks abound, financial institutions have a pivotal role in working to address this challenge. Treasury services are unique in that they offer fraud prevention options that can help a business mitigate these types of risks.

In this session, we explore the risks that exist for businesses and financial institutions with respect treasury services. The common types of fraud schemes will be examined such as BEC, Account Takeover, Phishing, Credit-Push Fraud, and Cyber Attacks. The topic of UCC 4A Commercially Reasonable Security Practices will be explored including addressing authentication and control mechanisms. Lastly, this session will address common treasury services offerings like positive pay, debit blocks, and controlled disbursement used to help in combatting fraud and provide institutions with considerations for how round out these types of offering.

Come join us for a session where we dive into the topic of fraud prevention in Treasury Management.


Attendees will:
• Identify the primary fraud risks associated with business service offerings.
• Construct product strategies for aiding businesses in fraud prevention.
• Propose service offerings that an institution could implement to aid businesses.


Speaker:
• Mark Dixon, AAP, APRP, NCP, Vice President, Education, NEACH


Audience:
• Electronic Banking
• Operations
• Originator/TPS Education
• Treasury/ Cash Management



*Please note that the access information will be sent to you in a separate email upon receipt of payment. Access information and support are only provided during normal business hours.

**$150 member registration fee includes 3 registrations. Additional members may be registered for $25/person. All members must be registered at the same time, and you must be logged in to receive this pricing.