Description:
Register by December 24th and take advantage of our Early Bird Pricing!
All registrations to Compliance Resource webinars include five live connections AND the recording of the webinar (guaranteed for one year).
Understanding External Transfer Fraud and How to Mitigate Your Risks has been submitted to ABA Professional Certifications for CE credit review and is pending approval. Once we receive notification of the credit approval, we will notify attendees.
WHAT?
External transfers is a service offered by financial institutions to move funds between an account holder at their financial institution to another financial institution owned by the same individual. There has been an uptick of external transfer fraud resulting from the initiation of credits and initiation of debits. This webinar will take attendees through the most popular external transfer fraud, blind spots of this service that open the door for fraudsters and methods for mitigating your risks in offering the external transfer service.
PROGRAM CONTENT
Upon completion of the program participants understand:
- Different types of external transfer services
- Trends in external transfer fraud
- Case studies of external transfer fraud
- Best business practices for offering external transfer services.
WHO?
The program is designed for Electronic Banking Staff, Deposit Operations, Fraud Management, BSA/AML Officers and Support Staff, Information Technology Officers, Information Security Officers, Customer Service Representatives/Tellers, Call Centers, Treasury Management, Risk Managers, Compliance Managers, Internal Auditors and Executive Management.
*This program will start at 2:00 PM EST, 1:00 PM CST, 12:00 PM MST, or 11:00 AM PST
**Recording Included
This webinar will be recorded and sent to all registrants. You will receive links to the recording following the program. These recordings have unlimited viewings and are available for up to one year.
Register by December 24th and take advantage of our Early Bird Pricing!
Presenters:
Terri Sands
Terri Sands, CAMS – Audit, AAP, CFE, At-Risk Adult Crime Tactics Specialist (ACT) is the founder of Secura Risk Management and leads the company in its strategic efforts to offer the most pressing and needed services in payments, BSA/AML, Cybersecurity and fraud. Throughout her career, Terri has served as a leader in the payments and fraud prevention industry, providing education, risk management and compliance consulting and support services geared toward the specific needs of financial organizations. Terri consults and speaks frequently for regulatory and governmental agencies on topics including payments risk management and strategy, operational compliance, BSA/AML, financial crimes, operational risk management improvements and efficiencies. Terri has authored numerous publications and articles on payments risk management, fraud prevention, money-laundering prevention strategies, elder financial exploitation, and identity theft red flag compliance. Terri also serves as the Director of the Payments Risk Management for State Bank & Trust where she is responsible for payments risk management and payments strategy. Terri is an Advanced Certified Anti-Money Laundering Specialist (CAMS – Audit), a Certified Fraud Examiner (CFE), an At-Risk Adult Crime Tactics (ACT) Specialist and an Accredited ACH Professional (AAP).
Prior to founding Secura, Terri served as co-founder of Payments Information Circle (PIC), a service organization providing payments industry education, auditing, consulting, resources, and support services to financial organizations throughout the country. Prior to her work at PIC, Terri served as the President of the Georgia Automated Clearing House Association (GACHA), a non-profit, regional payments association where she provided strategic direction for the association and its membership. Terri began her career in payments as a Senior Analyst with the Federal Reserve Bank of Atlanta where she provided training throughout the Sixth District and served on the Federal Reserve ACH Conversion Team that consolidated ACH Services for all branch locations in the Sixth District. In addition, Terri led the efforts for training financial institutions throughout the Sixth District on the National Electronic.
April 27, 2022