Bank Best Practices to Prevent Fraud

6 years ago Posted By : User Ref No: WURUR20254 0
  • Image
  • TypeWebinar
  • Image
  • Location Denver, Colorado, United States
  • Price
  • Date 01-05-2018
Bank Best Practices to Prevent Fraud, Denver, Colorado, United States
Webinar Title
Bank Best Practices to Prevent Fraud
Event Type
Webinar
Webinar Date
01-05-2018
Last Date for Applying
01-05-2018
Location
Denver, Colorado, United States
Organization Name / Organize By
Training Doyens
Organizing/Related Departments
Training Doyens
Organization Type
Organization/Company
WebinarCategory
Both (Technical & Non Technical)
WebinarLevel
All (State/Province/Region, National & International)
Related Industries

Education/Teaching/Training/Development

Business Development

Finance

Accounting/Financial/Banking/Insurance

Location
Denver, Colorado, United States

OVERVIEW

Fraud is of more concern to banking leaders today than ever before. This is driven by national media coverage, actual dollar losses, the attack on trust (which is key to customer relationships), and costs to allay customer concerns, changing regulatory environment, and changes in how fraud efforts are being organized.

Fraud is no longer just a “cottage industry”, it is moving to an industrial model where specialists steal data and sell it to others who organize high-volume attacks by multiple perpetrators. Banks cannot combat the “Fraud Industry” with yesterday’s methods.

There are reasons to believe that fraud losses are actually higher than recognized. Some fraud losses are buried in card interchange fees. A significant amount of fraud losses likely get reported in banks’ accounting as credit losses. But they weren’t due to poor credit decisions; they were fraud scams from day-one.

Software is widely installed to identify specific patterns and “unusual” transactions. But the fraudsters know this and are constantly striving to create new patterns where their transactions are designed not to be flagged. Like in a game of chess, the advantage goes to the side that thinks the most moves ahead.

WHY SHOULD YOU ATTEND

Recent massive data exposures have put the spotlight on fraud risks to banks, merchants, and personal banking customers. Fraudsters are always looking for new opportunities and new weaknesses. The availability of customer data on the black-market gives them new power tools to use to enrich themselves. A bank has responsibilities to its shareholders and customers to protect them from these ever-changing threats.

AREAS COVERED

This bank compliance training will cover the following areas:

  • Reasons for focus on fraud, it is not just the money.
  • Specific Identity aspects of frauds
  • Payment systems issues (check image, ACH growth)
  • Credit issues (cards and loans)
  • Centralizing financial crime responsibilities

LEARNING OBJECTIVES

  • Eight points where fraud can be addressed by a bank
  • Four ways to add value to your bank
  • Two step process: Identity and Execution

WHO WILL BENEFIT

  • Retail Banking Leaders
  • Risk and Compliance Officers
  • Loss Control Managers
  • Fraud and Financial Crimes Departments

 

For more detail please click on this below link:

https://bit.ly/2huZblt

 

Email: [email protected]

Toll Free: +1-888-300-8494

Tel: +1-720-996-1616

Fax: +1-888-909-1882

Others Details

This bank compliance training by expert Jim George will be addressing the best practices to prevent bank frauds. Register now or call +1-888-300-8494!

Registration Fees
Available
Registration Fees Details
Live Session for one participant $199 Corporate Live Session Group – Max 10 Participants from one location. $549 Recorded Session Get unlimited access to audio recording of the webinar for 6 months. $219 Training DVD or USB Flash Drive MP3 files, PDF presentation and reference manual will be delivered on a CD $399 Super Combo Offer 1 Live and Recorded webinar $329 Super Combo Offer 2 Live and Training CD $479
Registration Ways
Email
Phone
Website
Other
Address/Venue
  26468 E Walker Dr, Aurora, Colorado 80016  Pin/Zip Code : 80016
Landmark
CO
Official Email ID
Contact
Training Doyens

26468 E Walker Dr, Aurora, Colorado 80016

[email protected]

   8883008494
Michael smith

26468 E Walker Dr, Aurora, Colorado 80016

[email protected]

   8883008494    Fax No: Aurora