Sep 4, 2024
Dive into the rules and regulations of fraud and risk associated with FedNow® and RTP®. Discover what is expected from the Clearing house and the Federal Reserve to minimize fraud and what tools are provided. Equip your institution with robust strategies to navigate the evolving threats in real-time and instant payment systems.
The new era of real-time payments, ushered in by FedNow® and RTP®, offers unparalleled convenience. However, with these advancements come new vectors for fraud and risk. This webinar is tailored to provide attendees with a comprehensive understanding of the distinctive challenges posed by these real-time systems. Taken from the perspective of what Nacha, The Clearing House, and the Federal Reserve have made public in rules and guidance, you will learn how to create strategies to minimize credit fraud. From an in-depth exploration of monitoring requirements to the nuances of the FRB Fraud Classifier in relation to FedNow®, we will cover it all. Participants will also learn the intricacies of notifications in RTP® and the collaborative efforts essential in this new age of payments. With the right knowledge, financial institutions can not only mitigate threats but also flourish in this new landscape.
Wednesday, September 4th, 2024
2:30 pm - 3:30 pm
What You'll Learn
Who Should Attend
This session is crucial for fraud and risk management experts, payments strategists, and top-tier executives of financial institutions, especially those actively engaged or planning to onboard real-time payment platforms like FedNow® and RTP®. It is particularly beneficial for Risk Management Specialists, Cybersecurity Officers, Operations Managers, Digital Strategy Professionals, Risk Management Departments, Compliance Officers, IT Departments, Innovation and Product Development Teams, and Training and Development Departments.
Kevin brings years of experience and a unique perspective on regulatory matters to his clients. A self-proclaimed geek and accredited CRCM, Kevin is also a former attorney with experience as in-house counsel for a large regional bank and one of the leading national title insurance providers. Kevin decided to leave the safety and serenity of his desk job to seek fortune and glory as a wandering adventurer.
Available Upgrades
AyZha Hazelwood, Education Meeting Coordinator
Ahazelwood@indiana.bank
317-387-9380