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 Fridays #2 - Card Issuance Fraud
4/14/202310:00 AM - 11:00 AM CST
Event Description
Session Title: Card Issuance Fraud and the push toward Contactless Cards and QR Codes
Session Description: The global pandemic impacted businesses and the demand for all things in a touch-free environment. The growth of contactless cards, mobile wallets, and QR codes has many financial institutions rethinking their payment strategy and how to protect themselves from the most recent fraud trends. The methods of order placement and acceptance of payments are restructuring the user and work experience, all pushing toward a touch-free environment. Changes in the payment environment are growing rapidly across the United States. Does your financial institution issue debit and credit cards in a contactless environment? Has your financial institution been contemplating the opportunity to offer your cardholders mobile wallets? Do you have cardholders struggling to accept the changes to a digital payment world, away from paper money, paper checks, and magnetic stripes? Join us for an in-depth look at:
Series Description: Both old and new methods of financial crime continue to exist throughout the industry. Join us for this six-part webinar series to learn all the latest on new scams affecting FIs and their accountholders. Our fraud experts will help you understand what can be done to stop these crimes from occurring.
This series is co-sponsored by UMACHA and the Financial & Retailers Protection Association (FRPA).
Session Description: The global pandemic impacted businesses and the demand for all things in a touch-free environment. The growth of contactless cards, mobile wallets, and QR codes has many financial institutions rethinking their payment strategy and how to protect themselves from the most recent fraud trends. The methods of order placement and acceptance of payments are restructuring the user and work experience, all pushing toward a touch-free environment. Changes in the payment environment are growing rapidly across the United States. Does your financial institution issue debit and credit cards in a contactless environment? Has your financial institution been contemplating the opportunity to offer your cardholders mobile wallets? Do you have cardholders struggling to accept the changes to a digital payment world, away from paper money, paper checks, and magnetic stripes? Join us for an in-depth look at:
- What are the recent fraud trends impacting issuers?
- How do contactless cards, mobile wallets, and QR codes work?
- What are the risks to cardholders and financial institutions with contactless cards, mobile wallets, and QR codes?
- What options are available to issuers, such as instant issuance, and digital issuance, and the differences between them?
- Best practices
Series Description: Both old and new methods of financial crime continue to exist throughout the industry. Join us for this six-part webinar series to learn all the latest on new scams affecting FIs and their accountholders. Our fraud experts will help you understand what can be done to stop these crimes from occurring.
This series is co-sponsored by UMACHA and the Financial & Retailers Protection Association (FRPA).