ACH Fraud - Detection and Prevention - 2017

Written specifically for businesses, not-for-profits and government agencies, this 90-minute information packed course delves into the best practices every organization should implement to detect and mitigate the threat of ACH fraud. From internal controls and processes, to services you should discuss with your financial institution, this course helps any size organization reduce their exposure and risk. Regardless of how relentless the fraud is, so much of today's fraud losses can be avoided if you know what to look for and implement the right controls. The types of internal processes and controls necessary vary by industry and organization size. This course reviews a wide variety of options and recommendations to assist attendees with developing their own internal protocols.

Join us to:

• Learn how easily businesses lose thousands of dollars in seconds
• Identify sound business practices and easy to implement internal controls proven to reduce losses
• Review common financial institution offered solutions to further minimize exposure

Why should you Attend:

Fraudsters continue to successfully drain millions of dollars from businesses, non-profits and government agencies across the nation. From account takeover to embezzlement, all sized businesses are vulnerable to financial frauds.

Areas Covered in the Session:

• Examples of how criminals use the ACH Network to steal from organizations
• Restructuring and rearranging a Notebook
• Sound business practices to minimize exposure
• Variety of options including the dual benefits of dual control and enhanced internal approval processes
• Enhanced internal controls
• How criminals use an organizations technology to commit fraud
• Securing internal payment instructions and approvals
• Account reviews
• Stronger account security options
• Explore most common options including ACH positive pay, debit filters, debit blocks, credit only accounts, account alerts, etc.

Who Will Benefit:

• AAP
• CPA
• Risk Manager
• Management
• Investigator