Event Details*
Wednesday, October 23, 2024
2:00 - 3:00 pm ET
Webinar; 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.
Business payments are typically high dollars and/or high volume. Because of this, they pose a significant risk to both the financial institution and the business alike. Something that financial institutions need to be aware of is that there is some liability placed on the institution under the Uniform Commercial Code 4A. This liability can be mitigated providing that appropriate security procedures have been implemented.
In this session, we dive into the world of business payment under the lens of risk management by first defining the payment mechanisms commonly used, discussing the control mechanisms available and commonly used, diving into contractual agreement terms, and discussing tactics that can be applied to mitigate some of the main risks involved in offering business treasury payment services. Attendees will also gain insight into data and fraud prevention services such as debit blocking, controlled disbursement, and positive pay that are commonly associated with a business services program.
Come join us as we dive into the topic of treasury management risk management strategies.
Attendees will:
• Examine the risks associated with treasury management services
• Compare the various products that can be used to help mitigate treasury service risk
• Demonstrate an understanding of the liability for financial institutions under UCC4A
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)
• Treasury/ Cash Management
*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.