Webinar archive
Thanks for your interest in our webinars. Our goal is to help you keep up-to-date with current trends in the world of financial crime. We're constantly offering new webinars on the latest topics of interest. Sign up for our future webinars on our Upcoming webinars page.
What's available in the archive?
Educational Webinars
Updated FFIEC Guidance for Internet Banking (Part 2)
Part 2: Processes, Controls and Best Practices to Combat Online Account Takeover
Online account takeover - in particular, corporate account takeover - has received considerable scrutiny by industry associations, state banking departments, regulators and law enforcement agencies.
Various task forces have developed recommendations to protect, detect and respond to this electronic financial crime.
Part 2 of this series reviews specific processes, controls and best practices which can be implemented by financial institutions as part of a risk management framework.
Updated FFIEC Guidance for Internet Banking (Part 1)
Part 1: ACH/Wire & Online Banking Fraud and Layered Security
Part 1 of this series presents an overview of ACH/wire and online banking fraud.
Any customer that performs electronic transfers is a potential target for cyber thieves – consumers, corporate businesses, municipalities, school districts, churches, or non-profit organizations. Cybercriminals see account balances as targets that represent the closest possible approximation to actual cash.
Part 1 also reviews the key highlights of the FFIEC Supplemental Guidance and discusses the layered security approach recommended by regulators. It outlines several variations as to how industry experts have categorized the relevant layers.
Fighting Financial Crime
Financial Institutions across the country are increasingly challenged to protect themselves and their customers from financial crime. This webinar provides a broad based overview of today's anti-financial crime landscape. It touches on some of the industry's progressive advances as well as areas of growing concern.
Webinar Highlights:
- Anti-Money Laundering Processes - Varying Stages of Maturity
- Internal Financial Intelligence Unit (FIU)
- Strengthening Fraud Protection - Multiple Safeguards
- Anti-financial Crime Technology - Latest Developments
- Detection Accuracy - Data as the Crucial Factor
- Growing Threats - Malware, Organized Fraud Rings, etc.
Check Fraud
This year the Atlanta Fed declared that "the most fraud vulnerable instrument available today is the paper check."
They reported that the unit cost of fraud for every check written had doubled in the last 6 years even though aggregate check volume had fallen 26%. They also indicated that annual check fraud losses had hit a record high.
This webinar provides a broad overview of check fraud - one of the simplest but most prevalent financial crimes.
Webinar Highlights
- Trends and Typologies (including RDC)
- Types (kiting; counterfeit; forged & altered; etc.)
- Example Scenarios
- Best Practices & Red Flags
A New Generation of Money Laundering
There’s a new breed of money launderer in town whose game is more sophisticated than ever. They take 'organized' crime to a whole new level.
This webinar features a cast of fictitious characters who re-enact some savvy money laundering plays (e.g. common receiver, joint structuring, householding, etc.). It’s an absolute must for your institution to be in the know!
An Intricate Look Into The World of Organized Fraud Rings
Specialized Roles • Masterminded Plans • Synchronized Execution • Spiraling Losses
The webinar reveals the sophisticated modus operandi of today's organized fraud rings and illustrates why it is essential for financial institutions to intensify their fraud prevention defenses.
Demand Deposit Account Fraud
This year the Atlanta Fed indicated that demand deposit accounts (DDA) are a prime target for fraudsters - especially because of multiple access points (e.g. online, mobile and ATM). DDA fraud losses are estimated at $5-7 billion a year and expected to grow at an annual rate of 7%.
This webinar touches on:
- New Account Fraud
- Check Kiting
- Online Account Takeover
It highlights how details such as ACH codes, check MICR number and cash break-out of ATM deposits can be the most revealing clues that a fraudster is exploiting a demand deposit account.
The Secret to Reducing Card Fraud Losses: Identify Compromised Cards
Combating debit card fraud on a case by case basis is quickly becoming a losing battle. This webinar will illustrate how identifying Common Points of Purchase (CPP) is crucial to a financial institution's efforts to curtail escalating losses from the growing epidemic of debit card fraud.
This webinar highlights:
- Overview of Common Point of Purchase (CPP) Concept
- Four (4) CPP Identification Scenarios (varying levels of loss prevention)
- Current High Profile Fraud Cases (CPP as the underlying factor)
- Tips to Identify CPP (without an automated solution)
Online Account Takeover
With over a third of Americans now turning to the web to carry out their daily banking tasks, online banking fraud is more of a concern then ever. Criminals are increasingly turning to the web as a preferred channel to wreak havoc on your customer's banking accounts.
But how are they doing it? And how can you protect both your bank and customers? We are offering a free educational webinar that examines the threats posed by cybercriminals. By attending this webinar you will better understand:
- The methods of attack, like spear phishing and man-in-the-browser,that criminals use to infiltrate online banking accounts.
- How successful attacks occur.
- Possible red flags that indicate your customers are under attack.
- Potential best practices to help you protect your bank and customers.
FRAML Process
Learn more about FRAML and how it can help improve separate Anti-Money Laundering (AML) and fraud detection processes.
Webinar highlights:
- 3 dimensions of consolidation - people, processes and technology
- 4 categories of increased effectiveness
- shortcomings of siloed anti-fraud and AML
- ways various size financial institutions have implemented consolidation
- research on the benefits of consolidation
- best practices for embarking on a consolidation initiative
Demand Deposit Account (DDA) Fraud: The 'Devil' is in the Details
The smallest details often hold the biggest clue that a financial institution is being exploited by a cunning fraudster. Whether the financial crime stems from clever new ploys on the age-old check payment channel; online vulnerabilities of ACH; or security deficits of mobile payments - intricate details in the data can be gold to fraud investigators.
This webinar highlights how little data nuggets (e.g. ACH Standard Entry Class Codes, check MICR number, cash break-out of ATM deposits, etc.) can enrich fraud detection analysis to become a key weapon in an institution's anti-fraud arsenal.
This webinar will touch on the following:
- New Account Fraud
- Check Kiting
- Online Account Takeover
Account Opening: No Process Is an Island
This webinar discusses how to maximize the value of the information you collect at account opening and the profiles in your customer identification program. It highlights the shortcomings of an account opening process that operates in a vacuum and illustrates how integrating the account opening process with ongoing risk management initiatives is instrumental to more accurate customer risk rating.
Real-Time Risk Scoring
Learn how "real-time" risk scoring strengthens a bank's protection against financial crime. Conventional risk scoring can leave your bank exposed to fraudsters and money launderers. Real-time risk scoring continuously gauges a bank's potential exposure to risk for each and every customer.
Exam Experiences with Automation
Join us as three customers discuss how regulatory compliance automation has positively impacted their regulatory exam experiences.
Debit Fraud: A Deeper Dive
Flash attacks. Ghost machines. Organized crime. This free webinar will explore how the criminal underworld perpetrates debit card fraud. You'll also learn how you can use technology to fight back against signature and PIN based attacks.
Debit Fraud: Trends and Typologies
Skimming, tsunamis, chameleons - debit fraud schemes are on the rise. In this webinar we talk about the latest in debit card fraud, and share our experiences in how to detect it.
Raising Red Flags
Discover how combining FACTA red flags with a next-generation transaction monitoring system can help improve your ability to detect identity theft. This webinar discusses some of the common problems banks face when trying to catch identity fraud and how we can help.
Breaking the Rules: the evolution of AML systems and the joy of efficiency
See how new technology allows you to build a more efficient fraud and money laundering process.
Don't see what you are looking for?
Check out the Upcoming webinars.