Sealing The Gaps: Preventing Internal Fraud in Financial Institutions Through Critical Payments Controls

Description

Internal fraud poses a significant risk to financial institutions, often exploiting weaknesses in payment control systems. Join us for this in-depth webinar, where we will explore the critical gaps in payment controls that can lead to internal fraud and discuss effective strategies to seal these vulnerabilities. This webinar is a must-attend for compliance officers, risk managers, internal auditors, and financial professionals committed to safeguarding their institutions from internal fraud.

Key Takeaways:

• Understand the meaning of payment controls.
• Common weaknesses in payment processes and how they are exploited
• Best practices for implementing robust internal controls
• Utilizing technology to enhance fraud detection and prevention
• Real-world case studies of internal fraud incidents and lessons learned
• Strategies for fostering a culture of integrity and accountability within your organization

Who Should Attend?

• BSA Officers and Support Teams
• Compliance Teams
• Deposit Operation Teams
• Electronic Banking Teams
• Fraud Management Teams
• Front-Line Teams (Customer/Member Service Representatives)
• Internal Auditors
• Information Security Officers
• Risk Management
• Senior Management/Executive Management

Speaker: Terri Sands, CAMS – Audit, AAP, CFE, CACTS, Managing Director, Payments, Regulatory Compliance and Financial Crimes and Kelly Rozier, AAP, APRP, Associate, Payments, Regulatory Compliance and Financial Crimes.

Topics include:

• Fraud