Risk & Fraud in Online Account Opening 2022 | Electronic Payments Core of Knowledge (EPCOR) | 25 April 2022 | Webinar
Venue
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| Event Date |
Tue Apr 26 UTC (over 2 years ago)
In your timezone (EST): Mon Apr 25 8:00pm - Mon Apr 25 8:00pm |
| Location | Webinar |
| Region | All |
Details
Being able to open a checking account online without ever having to enter a branch is a common expectation of consumers today.
However, this every-day convenience can leave a financial institution vulnerable to an array of risks and frauds if not handled carefully, particularly when the consumer wants to begin Account to Account (A2A) transfers almost immediately.
Review the risks associated with Online Account Opening and A2A Transfers and determine how they are often used together to commit fraud using real-life case studies.
Sound Business Practice to help minimize your institution's risk and loss potential when offering these services will also be addressed.