Event Details*
Thursday, February 01, 2024
2:00 - 3:15 pm ET
Webinar; 1.5 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.
This session will help attendees prepare for the 2024 tax refund fraud season. Attendees will analyze tax refund fraud cases using a comprehensive view from the ACH Rules while balancing additional compliance obligations, to help your institution properly manage, investigate, and respond to fraud cases.
From data breaches to sophisticated social engineering schemes, fraudsters have a lot of accessible consumer and business data to successfully perpetrate tax refund fraud. We anticipate another year of challenges for RDFIs.
In this interactive session, attendees will prepare for handling suspect transactions and answers questions like:
• What are indicators of possible tax refund fraud?
• When do suspect returns qualify as suspicious activity under AML laws and does the institution have any liability?
• What is actual knowledge of fraud vs. constructive knowledge of fraud, and how should we respond?
• If we identify suspect returns on an account, how do we handle the entries?
In this session attendees will:
• Analyze current trends of tax refund fraud.
• Discuss when an RDFI has potential liability for fraudulent tax refund credit entries.
• Record sound business practices to increase detection and proper handling.
• Document appropriate responses to suspect credit tax refunds.
Speaker:
• Rayleen M. Pirnie, BCJ, AAP, CERP, Director, Risk & Fraud, NEACH
Audience:
• AAPs
• ACH Receipt
• APRPs
• Audit Department
• BSA/Compliance
• Electronic Banking
• Financial Institutions
• Operations
• Payments Rules and Regulations
• Payments and Industry Trends
• Retail Banking/Front Line Staff
• Training Director
You might also like:
• Fraud Symposium
• Payments Management Conference
• 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.
**$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.