Event Details*
Wednesday, September 4, 2024 & Thursday, September 5, 2024
9:00 am - 12:30 pm ET each day
Virtual Symposium; Up to 6.4 AAP/APRP CEU Eligible
Level: Intermediate
Event Registration**
Member Price: $275.00
Non-Member Price: $375.00
**$275 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.
Formerly known as The NEACH Payments Compliance Symposium, this 2-day event features sessions from top compliance professionals. Join us for interactive, boots-on-the ground intel to help your institution overcome some of the most challenging compliance issues and hear about future initiatives to ensure you are prepared.
The agenda will be provided via the website once presenters and their topic focus are confirmed.
Agenda
September 4th (More sessions coming soon!)
10:30 - 11:30 am ET The Role of Audit Findings: Clean Reports, Grungy Comments, and the Importance of Findings - Heather Williams, Partner, Lillie Resource Group
Independent testing is a required component for all compliance programs. However, no one enjoys being told that they are doing something wrong.
In this session, we will discuss the importance of understanding different types of audit findings, how to interpret or question “grungy” findings, and explore common audit issues. We will also discuss how a clean report may not be in the best interest of the program, the importance of addressing findings before Examiners arrive, and why the audit report should not be considered a “report card” by your Board.
September 5th
9:05 - 10:05 am ET Can Human Trafficking Happen at Your FI? - Nancy E. Lake, CAMS-Audit, CAMS-FCI, Compliance Enthusiast
Ever since COVID, we have seen the rate of several financial crimes increase significantly including Human Trafficking. But what are the various types of human trafficking, and how can they be identified in financial institutions? What does an actual human trafficking case look like and what red flags were seen to identify this as trafficking? Please join us for a session diving into the topic of human trafficking; what it looks like today, the types of trafficking including the trafficking of seniors, the money involved, actual victim stories, and a case study from a community bank.
10:10 - 11:00 am ET Red Flags & Indicators of New Account Fraud - Terri Sands, CAMS - Audit, CFE, AAP, ACT Specialist, Managing Director, Stout and Rayleen M. Pirnie, BCJ, AAP, CERP, Director, Risk and Fraud, NEACH
New account fraud continues to threaten institutions. From business and consumer ID Theft to Synthetic Identity Fraud, institutions are challenged with setting up appropriate monitoring to detect these fraudulent accounts before losses accumulate.
While bad actors are constantly trying to identify ways to launder stolen funds, institutions are challenged with defining what works in the fight against new account fraud, and what doesn’t.
In this course, attendees will:
• Assess new methods bad actors are using to open fraud accounts
• Discuss how & why bad actors "season" fraudulent synthetic accounts
• Document common red flag indicators of new accounts created for fraudulent intent
• Review control methods such as enhanced KYC and monitoring to increase detection
• Compare the benefits and limitations of common account validation methods, such as micro-entries and APIs
11:05 - 12:00 pm ET The Compliance Officer's Guide to Managing Third-Parties and Vendor Risk - Sean Carter, AAP, APRP, NCP, President & CEO, NEACH and Terri Sands, CAMS - Audit, CFE, AAP, ACT Specialist, Managing Director, Stout
12:00 – 12:30 pm ET Optimizing Payments Compliance with Confidence! - Caitlyn Mullins, AAP, APRP, NCP, Lead Advisor, NEACH Payments Group
This session highlights top payments compliance challenges and provides access to free resources on topics like "10 Common ACH Pitfalls to Avoid" and "Top Risk Assessment Findings" collected from actual auditors and risk assessors. The session will also unveil new compliance solutions and pro-tips to make your compliance journey smooth sailing.
Audience:
• AAPs
• ACH Coordinator
• APRPs
• Audit Department
• BSA/Compliance
• Cards (Including Error Resolution Disputes)
• Electronic Banking
• Financial Institutions
• Operations
• Payments Rules and Regulations
• Payments and Industry Trends
• Reg E
• Risk Management (Including Fraud Incidents)
You might also like:
• Sticky Situations
• Fraud Investigations 101
*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.
**$275 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.
Registration for this event is closed.