Audio Conferences

  August 8, 2006 at 02:00PM ET

Whether your organization is reacting to an instance of fraud, or want to take proactive steps to prevent it, you can’t afford to miss this program!

Think check fraud is going away? Think again. According to industry sources, at least 175,000 fraudulent checks are presented each day, representing $41 million in face value. Fraudsters in growing numbers are using technology and regulatory loopholes to take your money and run.

The number of electronic payments in the U.S. now exceeds the number of checks written. But, ACH payment types such as WEB and TEL, and check conversion activities have spawned new avenues for fraudulent activity. Even corporate bankcard programs are on the attack!

But you can protect your organization from payment fraud, if you stay one step ahead of the crooks. Join IOMA and our expert faculty for an up-to-the-minute report on the favored methods of those committing this crime, and what tools you can use to root out fraud, before it happens.

In just 90 minutes, you’ll:

• Gain insight into current and upcoming strategies to help combat check and electronic payment fraud including best practices
• Learn ways to minimize the risks from internal and external fraud
• Find out the relevance of check stock security features in a Check 21 world
• Discover recent technological enhancements to the positive pay service suite including image survivable security and learn how they fit into your organization
• Hear about new industry consortiums to spearhead the fight against fraud
• Understand ways to prevent unauthorized ACH debits to your account
• Hear what NACHA doing to address ACH fraud
• Realize the risks inherent in a corporate bankcard program and what controls you can put in place

Featured Faculty

Barbara Weiss
Vice President, Payments Product Consultant, Global Product Management, Bank of America