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Payments Risk Management for Businesses

Description

Event Details*
Thursday, February 01, 2024
On-Demand; 1.2 AAP/APRP CEU Eligible
Level: Beginner

Event Registration**
Member Price: $150.00 (Associate Members Only)
Non-Member Price: $325.00
**$150 member registration fee includes 3 registrations. Additional members may be registered for $25/person. All members must be registered at the same time, and you must be logged in to receive this pricing.


Does your business process payments? Proper payments risk management is essential to protecting a business ‘s reputation and compliance status which can help limit a business’s exposure to financial losses and increased liability. Identifying and assessing all of the risks inherent to payments processing can be a complex and dynamic challenge- one that will require constant vigilance and adaptation over time. Do you feel confident that your business manages the risk associated with processing adequately? What does proper payments risk management look like and where do you start? These questions and more will be addressed throughout the Payments Risk Management for Business course- a key component to the School of Business education.

In this session, we will highlight the various types of risks associated with payment processing and the internal controls that can be applied for successful risk management. We will outline what a payments risk management cycle for a business looks like and help attendees build a solid foundational understanding of payments risk management.

We are excited to have you join us for this session and look forward to serving as your payment’s education partners!

Agenda
• The Importance of Payments Risk Management
• Risk Management Cycle
• Risk Tolerance and Risk Appetite
• Various Types and Sources of Payments Risks
• Internal Controls


Attendees should leave this session with:
• A risk management mindset.
• The ability to define risk tolerance and risk appetite.
• The ability to identify various types of payments risks.
• Ability to recognize internal controls in their current business environment or the lack thereof.


Speaker:
• Elyssa Morgan, AAP, APRP, Vice President, Membership, NEACH


Audience:
• Associate Members
• Corporate Members
• Originator/TPS Education


You might also like:
• NEACH U School of Business



*Please note that the access information will be sent to you in a separate email upon receipt of payment. Access information and support are only provided during normal business hours.

**$150 member registration fee includes 3 registrations. Additional members may be registered for $25/person. All members must be registered at the same time, and you must be logged in to receive this pricing.


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