Event Details*
Thursday, February 01, 2024
On-Demand; 1.2 AAP/APRP CEU Eligible
Level: Intermediate
Event Registration**
Member Price: $150.00
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.
Risk management starts at the top of an organization but then dives into almost every area. Payments are certainly not immune to risks and check processing poses a significant risk to financial institutions as there are rules, laws, and regulations that need to be contended with. Navigating this complex environment can prove challenging and failing to follow and understand the compliance factors increases this risk to depository and paying institutions alike. Some common issues relate to policy decisions regarding remote deposit capture, failing to have checks properly endorsed by entitled payees, and even not pursuing a warranty breach that could recoup loses scenario.
In this session, we dive into the risk management of checks exploring topics related to compliance considerations, returns and adjustments, warranty breaches, and the latest fraud trends. Real-life use cases will be used to aid attendees in applying these concepts to real-life situations. Attendees will walk through strategies to help them effectively manage the risk associated with checks.
Come join us as we explore the risk management of checks.
Attendees will:
• Examine the primary areas of risk that apply to check processing
• Formulate a plan for evaluating policy and procedure decisions
• Apply your newfound knowledge to identify process gaps and challenges
Speaker:
• Mark Dixon, AAP, APRP, NCP, Vice President, Education, NEACH
Audience:
• APRPs
• BSA/Compliance
• Commercial Lending
• Electronic Banking
• NCPs
• Operations
• Originator/TPS Education
• Risk Management (Including Fraud Incidents)
*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.