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Payments Under Attack: Defending Against Modern Fraud Schemes

On-Demand - 1 1/2 Hours - AAP/AFPP/APRP Credits 1.8

This essential training webinar equips financial professionals, risk managers, and compliance officers with actionable insights into today’s most prevalent payment fraud schemes. Participants will gain a clear understanding of how fraudsters exploit peer-to-peer (P2P) platforms, account-to-account (A2A), check fraud, business email compromise (BEC), and ACH credit push fraud—threats that collectively cost businesses and consumers billions annually.

Key Topics Covered:

• P2P / A2A Fraud: How criminals misuse instant payment apps to move illicit funds and evade detection.
• Check Fraud: Emerging tactics involving digital check deposits.
• Account Takeovers: Fraud occurs when a criminal gains unauthorized access to a legitimate user’s account and exploits that access for fraudulent purposes. 
• Business Email Compromise (BEC): Recognizing phishing and spoofing attacks that manipulate employees into authorizing fraudulent transfers.
• ACH Credit Push Fraud: How fraudsters use social engineering and compromised credentials to initiate unauthorized ACH credits, and best practices for monitoring and prevention.    

Presenters: 

Danita Moss, AAP, NCP, Senior Vice President, Southern Financial Exchange

Tara Montgomery, Fraud Specialist, Exchange Bank of Alabama

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