Product Page - Fraud Friday #2023-01: A New Risk Management Framework for the Era of Credit Push Fraud
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$350.00 USD
Recording Date(s): February 10, 2023
Cost in Education Club tokens: 2 tokens
Speaker(s): Jordan Bennett, Sr. Dir. of ACH Network Risk Mgmt., Nacha
Length: 60 minutes
Description: Nacha updated the Risk Management Framework in 2022 to reflect evolving threats posed to the Network by credit push fraud scenarios. These schemes include business email compromise (BEC), vendor and payroll impersonation frauds, and Account Take Over (ATO). Financial Institutions, Third-Party Senders, and other payments participants must also adjust strategies to mitigate credit push scenarios. The 2022 Risk Management Framework focuses on three areas Nacha believes will have the greatest impact on reducing credit push fraud: enhanced guidelines and Rules to support RDFI risk management responsibilities; information and data sharing; and end-user education. This session will provide the latest information about developments in all 3 areas.
Continuing Education Credits: 1.2 AAP/APRP CECs
Additional Information:
Cost in Education Club tokens: 2 tokens
Speaker(s): Jordan Bennett, Sr. Dir. of ACH Network Risk Mgmt., Nacha
Length: 60 minutes
Description: Nacha updated the Risk Management Framework in 2022 to reflect evolving threats posed to the Network by credit push fraud scenarios. These schemes include business email compromise (BEC), vendor and payroll impersonation frauds, and Account Take Over (ATO). Financial Institutions, Third-Party Senders, and other payments participants must also adjust strategies to mitigate credit push scenarios. The 2022 Risk Management Framework focuses on three areas Nacha believes will have the greatest impact on reducing credit push fraud: enhanced guidelines and Rules to support RDFI risk management responsibilities; information and data sharing; and end-user education. This session will provide the latest information about developments in all 3 areas.
Continuing Education Credits: 1.2 AAP/APRP CECs
Additional Information:
- Upon completion of the purchase, the purchaser will be immediately prompted to download a PDF or zip file. Each PDF will contain a link to view the purchased webinar(s). Access to the recorded webinar(s) is limited to 60 days following the purchase.
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