Tackling the Payments Hustler: A Review of Transaction Laundering and Fraud Prevention Techniques


OVERVIEW
Fraud grows with commerce and electronic fraud grows with electronic commerce. With the accessibility of “easy to use” tools increasingly available to help facilitate cybercrime comes the proliferation of “payments laundering.” Take a unique look at the threats from the “the payment hustler’s” point of view.
Cybercriminals are looking for inattentive compliance departments and will take advantage of vulnerabilities in your processes. This session will serve as a cautionary tale.
WHY SHOULD YOU ATTEND
We will review the how fraudsters use alternative payment methods to launder money and demonstrate case studies of transaction laundering and payments laundering. See payments laundering from the criminal perspective.
AREAS COVERED
  • Who is the “payments hustler”?
  • How does he/she work?
  • Some real life examples
  • AML rules and regulations and how regulators/legislators have gotten involved
  • Transaction laundering and what can you do about it?
  • Additional resources
LEARNING OBJECTIVES
  • Learn about how fraudsters use alternative payment methods to launder money. Find out if you may be a victim of illicit use of your brand and payment system
  • Learn what alternative payment methods are being targeted by fraudsters
  • Learn how fraudsters exploit alternative payment methods
  • Learn some best practices for opening new business accounts for fraud protection
  • Learn underwriting best practices
  • Learn best practices in the ongoing monitoring process
  • Learn different ways to prevent fraud and how to protect your brand from misuse by fraudsters
WHO WILL BENEFIT
Fraud and compliance officer, financial crimes, financial intelligence unit, payments professionals

Use Promo Code MKT10N and get flat 10% discount on all purchases
For more detail please click on this below link:
https://tinyurl.com/y25a8yj4
Email: support@trainingdoyens.com
Toll Free: +1-888-300-8494
Tel: +1-720-996-1616
Fax: +1-888-909-1882


Comments

Post a Comment

Popular posts from this blog

The Effective Manager’s Boot Camp: Managing Your Time Effectively, Difficult People, Communication Skills and All Your Questions Answered In Just 180 Minutes!

Image
OVERVIEW Learn how to manage more effectively than ever before … in just3 hours! You’ll gain insight into more effective time management, how to successfully manage difficult people, how to communicate more effectively so others will respond accordingly … just for starters! We’ll have 3 Q&A sessions, specifically to answer all your questions about how to manage more effectively. Among the topics we’ll address:: Take control of your time...and get control of your entire work day! The speed of everything has changed. Are your time management skills up to the challenge? Do you put off more today than you can ever accomplish tomorrow; exhaust yourself by 4:00 p.m. with only a fraction of your work done; see yourself as a decision maker who never gets around to making decisions; dread the next business meeting—or worse, going back to your desk to see what voice mails and emails await you? If you’re doing more and enjoying it less, it’s time to get out of the time trap an...
Read more

BCBS 239 – Principles of Effective Risk Data Aggregation and Risk Reporting

Image
OVERVIEW Understanding the process required to ensure compliance withBCBS 239 as well as tips on ensuring that the right data is utilized. Finally, a detailed step by step analysis of COSO requirements and what a business can do to meet expectations. COSO continues to provide guidance and establish standards for performance in risk related processes.  BCBS 239 is the latest in a series of instructions which focuses on risk data aggregation. This webinar will include discussions on the risk data aggregation capabilities and internal risk-reporting practices (the Principles) that enhance risk management and decision making processes at financial institutions. BCBS 239 Compliance WHY SHOULD YOU ATTEND Early in 2015, the Basel Committee published the second progress report on bank’s adoption of BCBS 239. Several banks, at that time, stated that they would not be able to comply with the new standards by the 2016 deadline date.  However, regulators are now looking a...
Read more

Effectively Handle Toxic People for Better Productivity and Less Drama in 2020

Image
We all have people who push our buttons and if that relationship is with our boss, colleagues or clients, it can drain our energy, take us off track and infect the other areas of our life. Our upcoming webinar discusses successful strategies and tips for building a positive, productive relationship by knowing how to effectively respond to, cope, and manage the impact of their negative and toxic behavior in the workplace. The webinar covers the following key areas: ·          Identify and control the impact of difficult people so that you can keep the situation from escalating further ·          Differentiate the 4 types of attitudes and understand how they develop in order to keep your cool in a variety of situations ·          Utilize various verbal and non-verbal communication techniques and situational strategies that you can use to de-escalate and effe...
Read more