Event Registration - Upper Midwest ACH Association
When online registration has closed, please email info@umacha.org to register.
10:00 AM - 11:00 AM CST
Fraud Friday #1: Protecting Clients from Fraud: Strategies for Banks & Credit Unions
2/14/202510:00 AM - 11:00 AM CST
Event Description
Series Description: Fraud, scams, and financial crimes continue to remain an ever-evolving battle as, despite the motive often staying the same, the tactics continue changing over time. During this series, you will gain insights about the types of scams faced by financial institutions and recommendations to help mitigate against the risk of becoming victim to these frauds.
This series is co-sponsored by UMACHA and the Financial & Retailers Protection Association (FRPA).
Speaker(s): Greg Litster, CEO - SAFEChecks
Session Description: Join us for a webinar to learn how fraudsters manipulate clients into disclosing their banking credentials and one-time passwords (OTPs). Greg Litster will address the litigation challenges he is currently encountering. He will share effective strategies for banks and credit unions to shift liability, ensuring fair and transparent practices that prevent client losses. Attendees will learn how to help clients reduce their exposure to fraud through ACH and wire transactions and recommended procedures for fraud prevention.