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    Elder Abuse: Identifying Investment Fraud & Preventing Financial Exploitation

    In this Webinar, you will learn about the signs of elder fraud and how to spot the red flags associated with these crimes. You will also learn about the responsibilities your FI has to intervene and report these crimes.

    2017 Credit Reports Checklist: Credit Scores, Preventing Application Fraud, & the Latest CFPB Supervisory Highlights!

    Reading consumer credit reports used to be simple! Today, many credit reports exceed 7 pages in length. It practically takes a forensics degree to decipher the data therein. Fear not, Greg will help you become fluent in the language of credit reports faster than you can say, "Experian, Equifax, and Trans Union" (the BIG 3 National Credit Report Agencies (NCRAs). In their latest Supervisory Highlight, the CFPB released an update on Credit Reports. During this session we will analyze consumer credit reports from the NCRAs. We will review the different file formats of these reports, as well as the best add-on products available through each NCRA. We will discuss the differences in the credit report and scores that the consumer receives from an NCRA versus- the credit reports and scores that are used by your FI. Further, we will discuss issues related to credit scores and identity theft, as well as discussing red flags that will help you spot and prevent identity fraud.

    2017 Deposit and Operations Compliance Hot Topics

    This 90-minute webinar will help you develop a 2017 game plan to ensure your institution effectively and efficiently handles these changes. This session will help you determine where to focus your attention in 2017. We will discuss what should be on your priority list to keep you out of the hot seat with your regulators.

    Detecting and Preventing Accounts Payable Fraud

    According to the Association of Certified Fraud Examiners, businesses suffer an average of $155,000 every time an insider commits fraud. More disturbing: Billing schemes (perhaps the most common form of AP fraud in the financial industry) are by far the most common fraud schemes threatening organizations, making up nearly one-third of the total. Adding to the problem, check fraud is rising at a rate of 25% per year and criminals are coming up with new high-tech ways of hijacking corporate ACH (Automated Clearing House) accounts In brief, Accounts Payable (AP) is the one business function that, in many organizations, is more vulnerable to fraud than any other. That is because all funds that flow out of the organization must first pass through AP. And over time, dishonest insiders and vendors have created newer and craftier methods of stealing from organizations by exploiting control weaknesses in the AP function.

    Managing E-Sign, E-Statements and E-Disclosures: Reducing Fraud Risks & Maximizing Legal Compliance


    This is a rebroadcast of a session that was recorded on the 13th of December 2016. 

    Are you confident your e-statement program is compliant with legal and regulatory guidelines? Many financial institutions have unwittingly established unlawful online banking programs that are in violation of the federal Electronic Signatures in Global and National Commerce (E-SIGN) Act.  If you are caught operating a noncompliant program, every e-statement you’ve ever sent could be deemed legally invalid. Regulatory fines, defense costs, and legal settlements could far exceed the potential savings e-statements provide. 

    Financial institutions engaged in electronic banking are legally obligated to adhere to the E-SIGN Act.  E-SIGN disclosure rules prohibit banks from implementing wholesale switchovers, in which all customers are automatically converted to e-statements. Instead, E-SIGN requires customers to “opt-in” before receiving e-statements, so paper statements must be available for those who lack the technology (or desire) to view statements electronically. Are you managing e-statements, e-disclosures, and other e-records effectively and compliantly?  Join us for a review of the related compliance risks, rules, policies, and best practices. You’ll learn what it takes to help ensure that your E-SIGN program is compliant with legal, regulatory, and organizational guidelines.