Description

As payments are getting faster, some financial institutions find they have increased operational failures. What happened to the ACH file that did not get processed, the wire transfer that double posted or did not post at all or the check imaging file that was missed by you and your third-party provider? What about third-party providers that double post your transactions without you knowing? If you ever wonder what could go wrong in processing, this webinar is for you! The speaker will take you through the regulatory requirements on operational risks and the most common errors in payments processing that impact you, your clients and downstream relationships.

Speakers:Kelly Rozier, AAP, APRP, Associate, Payments, Regulatory Compliance and Financial Crimes

Topics include:

• Internal controls overview
• Monitoring and managing payment queues
• Common operational failures
• Balancing vs. Reconciliation intraday and end of day
• Quality Assurance reviews
• Best business practices for end of day processing

• Management responsible for the Payments Program
• Operations
• Electronic Banking
• Risk Management
• Information Security/Technology
• Internal Audit
• Executive Management

Topics include:

• Payments
• ACH
• Wire Transfer
• Operations