Best Business Practices in Handling Debit Card Fraud and Prevention Strategies
March 10, 2021
REGISTER NOWDescription:
Register by February 5th 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).
WHAT
Debit card fraud has had a significant impact on bottom line losses to the financial institutions based on increased breaches and the ability for fraudsters to use systematic and other effective methods for obtaining card information. How do financial institutions mitigate debit fraud based on today’s threats? What is the difference between debit card fraud and a debit card unauthorized dispute? This webinar will take attendees through today’s newest ways of prevention, identification and recovery efforts in dealing with debit card fraud and discuss changes in the technology, financial institution workflows and training that will have a significant impact on debit card losses.
TOPICS
Upon completion of this program participants will understand:
- Trends in debit card fraud
- Tools available to mitigate debit card fraud.
- Knowing the difference between a debit card dispute and a debit card fraud.
- Suggested documentation to include in your procedures for prevention, identification and response to debit card fraud events. ‘
WHO?
This program is designed for electronic banking staff, deposit operations, debit card department, fraud management, BSA/AML Officers and support staff, IT Officers, Information Security Officers, customer service representatives/tellers, call centers, treasury management, risk management, compliance, internal audit and executive management.
*This program will start at 2:00 PM EDT, 1:00 PM CDT, 12:00 PM MDT, or 11:00 AM PDT
**Recording Available
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 February 5th and take advantage of our Early Bird Pricing!
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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 Federal Tax Payment System (EFTPS).
March 10, 2021