Course Description:

Payments risk is everywhere in business today. Whether you process payments for payroll, for consumer payments, or for transfers to other businesses, there is a lot to consider that extends well beyond the processing rules of the payment platform.

In 2015, OFAC fines averaged just shy of $43million per case. Ranging from just under $23,000 against one company to over $329million for another, you can see how these fines can add up or even put a business out of business for good. In addition, businesses may face the Federal Trade Commission, their State Attorney General’s Office, and other oversight or government entities if payments fail to adhere to best practices, consumer-security, data breach laws, and more. The more types of payments you process, and how you process them, opens your business to more risk.

To reduce exposure, payments require compliance, risk management, fraud prevention, vendor management and incident response plans. Following processing rules ends up being the easy part; failure to properly manage other aspects leaves a business in a position of liability, reputational risk, damaged brand and financial loss. In this information packed, collaborative 2-day course attendees will explore these other aspects of processing payments to aid the business in reducing the damaging effects of payments risk.

In this course attendees will:

  • Observe cases where businesses suffered damage and/or financial loss due to insufficient payments risk management
  • Test their powers of observation to assist in risk identification
  • Examine federal regulations governing the exchange of funds in the U.S. and cross-border
  • Identify appropriate risk management strategies
  • Record fraud prevention approaches
  • Isolate sound business practices for vendor management
  • Recognize critical components to incident response plans

Seminar Fee Includes:

AM-PM Tea/Coffee
Seminar Material
USB with seminar presentation
Hard copy of presentation
Attendance Certificate
$100 Gift Cert for next seminar

Learning Objectives:

  • Isolate areas of risk in different payments scenarios
  • Identify and record appropriate risk management strategies to reduce exposure
  • Record appropriate fraud prevention and cyber incident response strategies
  • Develop a unique, individual list to take back to the office to help enhance risk management policies and procedures

Areas Covered in the Seminar:

  • Payments risk
  • Cost of not managing risk properly
  • Federal Compliance, including:
    • Office of Foreign Assets Control, including Bank Secrecy Act / Anti-Money Laundering Act
    • U.S. Patriot Act
    • Federal Trade Commission Act
    • Cybersecurity
  • Payments fraud including:
    • Embezzlement
    • Business Email Compromise
    • Account Takeover
    • Fraud mitigation strategies
  • How vendors present increased risk and steps to mitigate threat including:
    • Clean Desk Policy
    • Vendor due diligence
    • Vendor management
    • Critical contract provisions
  • Cyber Incident Response Plans
    • Critical components of every plan
    • Resources

Who will Benefit:

All payments professionals who want to expand their knowledge of payments risk and risk management strategies, including business or bank investigators, auditors / compliance professionals, third-parties who process payments for other entities, CPAs, and payments processors.

Course Outline:

Day 1 (8:30 AM – 4:30 PM) Day 2 (9:00 AM – 4:30 PM)
  • 8:30 – 9:00 AM: Registration
  • 9:00 AM: Session Start Time
  • 9:00 am - 9:30 am: Session Opening
    • Introductions
    • Attendees detail their expectations of class / develop initial needs and questions list
  • 9:30 am – 10:30 am: Payments Risk
    • Discuss the agenda
    • Define areas of payments risk
    • Review the cost of risk
    • Awareness test (group activity)
  • 10:30 am - 10:45 am: Break
  • 10:45 am – 12:00 pm: Federal Compliance Obligations
    • Office of Foreign Assets Control
    • Bank Secrecy Act
    • Anti-Money Laundering
    • Federal Trade Commission Act
    • Federal Financial Institutions Examination Council
    • Payments Risk Assessments
  • 12:00 pm – 1:00 pm: Lunch
  • 1:00 pm – 2:30 pm: Payments Fraud
    • Phishing
    • Business Email Compromise
    • Supply Chain Fraud
    • Embezzlement
    • Account Takeover
    • Ransomware
    • Social engineering
  • 2:30 pm – 2:45 pm: Break
  • 2:45 pm – 4:15 pm: Payments Fraud Continued
      • Security and fraud challenges
      • Passwords
      • Challenge questions
      • Out of band authentication
      • Technology vs. user knowledge
      • User behavior
    • Good business practices
      • Audits
      • Clean desk policy
      • Vacation policy
      • Dual-control
      • Segregation of Duties
      • Education
      • Positive pay
      • Credit-only accounts / unique account structuring
  • 4:15 pm – 4:30 pm: Questions and Individual Exercise
    • Attendees document day’s Take-Aways and begin developing their to-do list when they return to work
  • 9:00 am – 9:30 am: Session Opening
    • Review Day 1 / address any additional questions
    • Present Day 2 agenda
    • Attendees detail their additional expectations of class / develop final needs and questions list
  • 9:30 am – 10:30 am: Vendor Management
    • Unique risks of vendors
    • Vendor due diligence
  • 10:30 am – 10:45 am: Break
  • 10:45 am – 12:00 pm: Vendor Management continued
    • Vendor management
    • Critical contract provisions
    • Individual exercise: define vendors your business uses and the risk(s) they represent
      • 12:00 pm – 1:00 pm: Lunch
      • 1:00 pm – 2:30 pm: Cyber Incident Response Plans (CIRP)
        • How CIRP differs from a Disaster Recovery Plan
        • Unique qualities of a CIRP
        • Cyber communication plan
        • Resources to development
      • 2:30 pm – 2:45 pm: Break
      • 2:45 pm – 4:00 pm: Group Activities
        • Attendees presented with case studies; goal is to isolate various types of risk presented, define controls necessary to detect / mitigate threat, and isolate potential loss associated with case.
      • 4:00 pm – 4:15 pm: Questions and ensure all previously identified needs / questions complete
      • 4:15 pm – 4:30 pm: Individual exercise
        • Attendees document day’s Take-Aways and finalize their to-do list

Meet Your Instructor

Rayleen M. Pirnie, AAP
CEO and Founder, RP Payments Risk Consulting Services, LLC

Rayleen is a recognized payments risk and fraud expert who works with financial institutions and businesses across the nation to help them understand today's threats and develop appropriate risk mitigation strategies. She also speaks to consumer groups revealing real-world methods to reduce the chances of devastating frauds, and law enforcement on payment system processing and evidence collection in electronic payment channels. Rayleen's areas of expertise include regulatory compliance, payment system risk management, cybercrimes, and information security.

Rayleen conveys current trends via conference presentations, blogs, and newsletter articles plus supports groups with special projects.

Prior to her leap to private consulting, Rayleen was the Director of Payments Risk & Fraud at EPCOR for 8 years. She joined EPCOR after a 10-year career as a fraud investigator in banking.

Rayleen graduated with honors from The University of Phoenix earning a Bachelor's of Science in Criminal Justice Administration and is an Accredited ACH Professional (AAP).

Rayleen enjoys gardening with the best helper in the world, her grandson. She also enjoys reading and music. She is an advocate and supporter of The Animal Rescue Alliance. Rayleen and her husband Mike currently have four adopted fur-kids of their own.

Anonymous feedback from 2014 360REACH:

“Rayleen exemplifies knowledge and integrity. Her outstanding presentation style conveys her strengths as well as inspires confidence.”

“Her organizational skills - over the years she has been involved in multiple projects/committees at any given time and I have not seen her ever appear unprepared. She is also quite successful in asking for others to become more active/involved in a manner that makes the person asked WANT to be involved.”

Register Now

Online using Credit card

Get the Invitation
Pre-Register yourself and get the official Invite when venue and dates are announced for this seminar.
Call here to register +1-888-717-2436 or email at [email protected]

Other Registration Option

By order form / PO#

Payment Mode

By Check -
Pay your check to (payee name) “MetricStream Inc” our parent company and Mail the check to:

ComplianceOnline (MetricStream, Inc),
6201 America Center Drive Suite 240
San Jose, CA 95002

By Wire -

Register / Pay by Wire Transfer

Please contact us at +1-888-717-2436 to get details of wire transfer option.

Terms & Conditions to Register for the Seminar/Conference/Event

Your registration for the seminar is subject to following terms and conditions. If you need any clarification before registering for this seminar please call us @ +1-888-717-2436 or email us @ [email protected]

Payment is required 2 days before the date of the conference. We accept American Express, Visa and MasterCard. Make checks payable to MetricStream Inc. (our parent company).

Cancellations and substitutions:
Written cancellations through fax or email (from the person who has registered for this conference) received at least 10 calendar days prior to the start date of the event will receive a refund — less a $200 administration fee. No cancellations will be accepted — nor refunds issued — within 10 calendar days before the start date of the event.

On request by email or fax (before the seminar) a credit for the amount paid minus administration fees ($200) will be transferred to any future ComplianceOnline event and a credit note will be issued.

Substitutions may be made at any time. No-shows will be charged the full amount.

We discourage onsite registrations, however if you wish to register onsite, payment to happen through credit card immediately or check to be submitted onsite. Conference material will be given on the spot if it is available after distributing to other attendees. In case it is not available, we will send the material after the conference is over.

In the event ComplianceOnline cancels the seminar, ComplianceOnline is not responsible for any airfare, hotel, other costs or losses incurred by registrants. Some topics and speakers may be subject to change without notice.

Attendance confirmation and documents to carry to the seminar venue:
After we receive the payment from the registered attendee, an electronic event pass will be sent to the email address associated with the registrant 5 working days before the seminar date. Please bring the pass to the venue of the event.

Conference photograph / video:
By registering and attending ComplianceOnline conference, you agree to have your photographs or videos taken at the conference venue and you do not have any objections to ComplianceOnline using these photos and videos for marketing, archiving or any other conference related activities. You agree to release ComplianceOnline from any kind of claims arising out of copyright or privacy violations.

Media Partners


Media Partner Benefits
  • Logo and company data on the event website.
  • Logo on the conference material distributed during the conference.
  • Media partner’s brochure distributed along with conference material.
  • Logo on all the mailings before and after the event.
  • 10% discount to media partner's subscribers.

Media Partner To Do
  • Banner (min 728x90 or 468x60) on the media partner website.
  • Insertion of the event in the event calendar, both printed and/or online.
  • Announcement article of the conference on the magazine and/or website.
  • Dedicated email blast to media partner’s subscribers.
  • Article on the magazine and/or website after the conference.

Local Attractions

One of the more breathtaking scenes on the lake is this tall ship approaching the docks at Navy Pier. The 148-foot four-masted schooner (and its new sister ship, the Windy II ) sets sail for 90-minute cruises two to five times a day, both day and evening. (Because the boats are sometimes booked by groups, the schedule changes each week; call first to confirm sailing times). The boats are at the whims of the wind, so every cruise charts a different course. Passengers are welcome to help raise and trim the sails and occasionally take turns at the ship's helm (with the captain standing close by). The boats are not accessible for people with disabilities.

The building may be historic (it was the first planetarium in the Western Hemisphere), but some of the attractions here will captivate the most jaded video-game addict.

Your first stop should be the modern Sky Pavilion, where the don't-miss experience is the StarRider Theater. Settle down under the massive dome, and you'll take a half-hour interactive virtual-reality trip through the Milky Way and into deep space, featuring a computer-generated 3-D-graphics projection system and controls in the armrest of each seat. Six high-resolution video projectors form a seamless image above your head -- you'll feel as if you're literally floating in space. If you're looking for more entertainment, the Sky Theater shows movies with an astronomical bent; recent shows have included Secrets of Saturn and Mars Now!

With its gleaming-white, palatial, six-story grandstand and lush gardens, this racecourse is one of the most beautiful showcases for thoroughbred horse racing in the world. Its storied history stretches back to 1927, and such equine stars as Citation, Secretariat, and Cigar have graced the track. The annual Arlington Million (the sport's first million-dollar race, held in mid-Aug) attracts top jockeys, trainers, and horses and is part of the World Series Racing Championship, which includes the Breeders Cup races. Arlington's race days are thrilling to behold, with all of racing's time-honored pageantry on display -- from the bugler in traditional dress to the parade of jockeys.

You can't -- and shouldn't -- miss the Art Institute. (You really have no excuse, since it's conveniently located right on Michigan Ave. in the heart of downtown.) No matter what medium or century interests you, the Art Institute has something in its collection to fit the bill. Japanese ukiyo-e prints, ancient Egyptian bronzes, Greek vases, 19th-century British photography, masterpieces by most of the greatest names in 20th-century sculpture, and modern American textiles are just some of the works on display, but for a general overview of the museum's collection, take the free "Highlights of the Art Institute" tour Saturday and Sunday.

A truly grand theater with historic-landmark status, the Auditorium gives visitors a taste of late-19th-century Chicago opulence. Because it's still a working theater -- not a museum -- it's not always open to the public during the day; to make sure you'll get in, schedule a guided tour, which are offered on Mondays at 10am and noon.

Designed and built in 1889 by Louis Sullivan and Dankmar Adler, the 4,000-seat Auditorium was a wonder of the world: the heaviest (110,000 tons) and most massive modern edifice on earth, the most fireproof building ever constructed, and the tallest building in Chicago. It was also the first large-scale building to be lit by electricity, and its theater was the first in the country to install air-conditioning. Originally the home of the Chicago Opera Company, Sullivan and Adler's masterpiece is defined by powerful arches lit by thousands of bulbs and features Sullivan's trademark ornamentation -- in this case, elaborate golden stenciling and gold plaster medallions. It's equally renowned for otherworldly acoustics and unobstructed sightlines.

We need below information to serve you better



6201 America Center Drive Suite 240, San Jose, CA 95002, USA

Follow Us

facebook twitter linkedin youtube


Copyright © 2023 MetricStream
Our Policies: Terms of use | Privacy

PAYMENT METHOD: 100% Secure Transaction

payment method