Payments Fraud: Detect & Prevent Check, ACH and P-Card Schemes

01:00 PM ET | 10:00 AM PT | 12:00 PM CT Duration 90 Minutes

Webinar Includes : All the training handouts , certificate ,Q/A and 90 mins Live Webinar

"Peter is the author of Fraud in the Markets: Why it Happens and How to Fight It, published by John Wiley & Sons, as well as four other anti-fraud books"

Organizations must stay informed about new payment schemes on an ongoing basis

Description

Until recently, paying vendors was a simple matter of processing an invoice and issuing a check. No longer have ongoing advances in technology, credit card, Purchasing card, ACH required advanced payment techniques; with that trend, unfortunately, are coming new opportunities for fraudsters to steal from your organization.

This is a fast-changing threat matrix, which means that organizations must stay informed about new payment schemes on an ongoing basis. The risk of failing to do so is loss of massive amounts of customer credit card data, exposure to new forms of check fraud and costly new techniques for having your ACH account(s) hijacking by sophisticated cyber-criminals.

Why should you attend

Attend this webinar to understand the following:
•       Who commits each major type of payments fraud-focusing on check, ACH and –P-Card schemes
•       Inside secrets from actual fraudsters
•       Vendor/billing schemes that exploit payments process control weaknesses
•       Latest electronic payments schemes (ACH hijacking, spear-phishing, social engineering and more)
•       Check counterfeiting, forgery and tampering schemes to be aware of
•       How to detect common external payments schemes versus internal attacks

Areas Covered

•       Conduct a cost-effective Fraud Risk Assessment of your most commonly used payments methods
•       Identify the critical red flags of all forms of check, ACH and P-card fraud
•       Detect payments fraud before material financial damage occurs
•       Obtain optimal payment fraud prevention tools from your financial institution
•       Recommend better payment fraud control structure-including Segregation of Duties, employee background                checks and employee awareness training
•       Identify the critical red flags of all forms of check, ACH and P-card fraud
•       Obtain optimal payment fraud prevention tools from your financial institution

Who will Benefit

•       CPAs
•       Financial Services Professionals
•       Senior Financial Executives
•       Internal Auditors
•       AP Managers
•       Treasury Staff
•       Operations Managers
•       Controllers
•       CFOs

Industries who can attend

This 90 minute online course is intended for professionals in the Banking and finance Industry


Speaker Profile

Peter Goldmann

Peter Goldmann is President of FraudAware LLC, leaders in customized anti-fraud training — online and on-site — for organizations of all kinds.

Peter is the author of Fraud in the Markets: Why it Happens and How to Fight It, published by John Wiley & Sons, as well as four other anti-fraud books.

Peter also developed FraudAware, the leading fraud and ethics awareness training program. A user-friendly learning tool, FraudAware uses workshop, Webinar and E-Learning formats to educate employees and managers at all levels in how to detect, prevent and report incidents of fraud or suspicious conduct.

FraudAware courses, which are customized for individual corporate, non-profit and government agency clients, reinforces organizations’ whistleblowing programs by enabling employees to detect fraudulent activity that can then be reported to supervisors or managers or by using the organization’s confidential hotline in accordance with established policy.

In addition, Peter has conducted numerous on-site fraud detection and prevention workshops and webinars for internal auditors, attorneys, HR executives and compliance officers at Fortune 500 companies and large not-for-profit organizations. He has also been a guest lecturer for college accounting and auditing courses.

He is also the developer of a series of fraud detection and prevention Webinars co-presented with AuditNet.org. These Webinars cover auditing for accounts payable fraud, auditors’ responsibility for detecting and preventing fraud, auditing for financial statement fraud, and others.

Peter has 25 years of experience as a business journalist and trainer, having launched, edited and published numerous business trade periodicals covering small business, internationa

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