ComplianceOnline

Protecting Your Business from ACH Fraud | Developing the Internal Controls

Instructor: Rayleen M Pirnie
Product ID: 704921
  • Duration: 90 Min

recorded version

$249.00
1x Person - Unlimited viewing for 6 Months
(For multiple locations contact Customer Care)
Recorded Link and Ref. material will be available in My CO Section

Training CD

$349.00
One CD is for usage in one location only.
(For multiple locations contact Customer Care)
CD and Ref. material will be shipped within 15 business days

Customer Care

Fax: +1-650-963-2556

Email: customercare@complianceonline.com

Read Frequently Asked Questions

This webinar training will help you identify common ACH frauds. The instructor will discuss the sound business practices and easy to implement internal controls proven to reduce losses and how to review common financial institution offered solutions to further minimize exposure.


"Protecting Your Business from ACH Fraud | Developing the Internal Controls" - This course is approved by NASBA (National Association of State Boards of Accountancy). Attendees of Live Webinar are eligible for 1.5 CPE credit up on full completion of the course.

Why Should You Attend:

Fraudsters continue to successfully drain millions of dollars from businesses, non-profits and government agencies across the nation. From account takeover to embezzlement, all sized businesses are vulnerable to financial frauds. Written specifically for businesses, not-for-profits and government agencies, this 90-minute information packed course delves into the best practices every organization should implement. From internal controls and processes, to services you should discuss with your financial institution, this course helps any size organization become more secure.

Regardless of how relentless the fraud is, so much of today’s fraud losses can be avoided if you know what to look for and implement the right controls. The types of internal processes and controls necessary vary by industry and organization size.

This course reviews a wide variety of options and recommendations to assist attendees with developing their own internal protocols.

Learning Objectives:

  • Learn common ways fraudsters steal from businesses using the ACH Network
  • Isolate sound business practices to avoid common forms of ACH fraud
  • Identify effective internal and external controls to minimize exposure
  • Record appropriate actions for any size organization

Areas Covered in the Webinar:

  • Examples of how criminals use the ACH Network to steal from organizations
  • Sound business practices to minimize exposure
  • Variety of options including the dual benefits of dual control and enhanced internal approval processes
    • Enhanced internal controls
      • How criminals use an organizations technology to commit fraud
      • Securing internal payment instructions and approvals
      • Account reviews
  • Stronger account security options
    • Explore most common options including ACH positive pay, debit filters, debit blocks, credit only accounts, account alerts, etc.

Who Will Benefit:

  • Business Investigators
  • Bank Investigators
  • Auditors
  • Compliance Professionals
  • Risk Professionals
  • Bank Managers
  • Third-parties who process payments for other entities
  • CPAs
  • CFOs
  • IT
  • Legal
  • Payments Processors
  • Vendor Management
  • Accounts Payable
  • Accountants
  • Purchasing Manager
  • Procurement Professionals
Instructor Profile:
Rayleen M Pirnie

Rayleen M Pirnie
CEO, RP Payments Risk Consulting Services LLC

Rayleen M. Pirnie, AAP, is CEO and founder, RP Payments Risk Consulting Services, LLC, based in Missouri. She is a nationally recognized payments risk and fraud expert. Her programs educate financial institutions and businesses on topics ranging from payments fraud to information security. She is the author of several payments risk and fraud blogs geared toward helping organizations recognize threats and protect themselves from loss.

With her avid interest in risk management, she has supported many notable organizations over the years. She is a member of the International Association of Financial Crimes Investigators, supporting their training programs since 1998. She sat on NACHA’s Risk Management Advisory group for two terms, and assisted with FSISAC’s first CAPP exercise.

For 16 years, Ms. Pirnie has spoken at national and regional conferences. Recent events include NACHA’s Payments Conference, the American Bankers Association Risk Management Forum, The Security Matters Annual Conference at Murray State University, the Risk Management Association, and the Federal Reserve Bank of Kansas City Risk Management Conference. She holds a Bachelor’s of Science in Criminal Justice Administration and is an Accredited ACH Professional (AAP).

We are registered with and adhere to the Statement on Standards for Continuing Professional Education programs of the National Registry of CPE Sponsors. Our registration number is 109066. Please check with the governing body of your license and state for specific CPE requirements. Grievances may be forwarded to the company at 650 620 3961. Grievances may also be forwarded to the National Registry of CPE Sponsors-NASBA, 150 Fourth Avenue North, Suite 700, Nashville, TN 37219-2417, 615-880-4200, www.learningmarket.org, e-mail cpe@nasba.org.

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