Dates of Event & Pricing

$249 for Webinar and Playback*

*Playback has no expiration and may be shared internally.

  • Monday, September 16, 2019

  • 2:00 – 3:00 pm (Eastern Time)

  • 1:00 – 2:00 pm (Central Time)

  • 12:00 – 1:00 pm (Mountain Time)

  • 11:00 – 12:00 pm (Pacific Time)

Curriculum

The speed at which a payment can be moved is a very hot topic today in the U.S. as many countries have already moved to a faster payment environment.  The faster payments movement centers around creating a modern-day system based on the needs of companies and individuals to move money faster and see transactional information as part of the transaction.  These risks include the potential inability of banks to measure their liquidity risks in ensuring their payments are appropriately collateralized.  This is extremely important for those financial institution moving to a faster payments model (e.g. real-time payments model).  The benefits of the customer experience are significant; however, the risks could be significant if the right controls are not in place.   

This payments training will focus on the faster payments initiative and take attendees through areas of liquidity risks that they should consider if moving to a faster payments’ environment.  

Topics include:

  • Brief overview of the Faster Payments Initiatives
  • Understanding your Payments Exposure
  • Reporting requirements for Payments Exposure
  • Consideration if you use a Correspondent Financial Institution for Settlement
  • Continuity risks between Processing and Finance areas of the Financial Institution 


Who Should Attend?

  • Financial Institution Finance Departments 
  • Financial Institution Accounting Departments
  • Compliance Management/Staff
  • Electronic Banking Management/Staff
  • Internal Auditors
  • Risk Managers
  • Deposit Operations Management/Staff
  • Senior Management

Instructor

Secura Risk Management / Founder Terri Sands

Throughout her career, Terri has served as a leader in the payments and fraud prevention industry, providing education, risk management and compliance consulting and support services geared toward the specific needs of financial organizations. Terri is an Advanced Certified Anti-Money Laundering Specialist, an At-Risk Adult Crime Specialist and an Accredited ACH Professional. Prior to founding Secura, Terri served as co-founder of Payments Information Circle (PIC), a service organization providing payments industry education, auditing, consulting, resources, and support services to financial organizations throughout the country. Prior to her work at PIC, Terri also served as the President of GACHA, a non-profit, regional payments association where she provided strategic direction for financial institutions in the payments industry. Terri began her career in payments as a Senior Analyst with the Federal Reserve Bank of Atlanta where she provided training throughout the Sixth District and served on the Federal Reserve ACH Conversion Team that consolidated ACH Services for all branch locations in the Sixth District.

Credits

1.0 CPE Credits & 1.2 AAP Credits