As the financial world continues to embrace speed and convenience through digital payments, the shadow of fraud grows ever more sophisticated. From wire transfers to traditional checks, fraudsters continually evolve their tactics, targeting vulnerabilities in both digital and paper-based systems. For credit unions and their members, this means staying informed and proactive is more important than ever. We hope you will join us in October for two brand-new educational webinars that will help your credit union remain vigilant in the ongoing battle against fraud.
Mitigating Digital Payment Fraud: October 14
Through 2024, FinCEN's Suspicious Activity Reporting and the FBI's IC3 cybercrime statistics indicate that fraud events are not slowing, which has an impact on digital payments, including ACH, wire transfers, debit cards, and the newer instant payment systems. Within this session, we'll discuss the new ACH Rules for 2026, which require participants to implement risk-based processes and procedures to identify fraudulent transactions, along with other best practices that help both ACH and other digital payments networks.
Hosted by Trevor Witchey, AAP, Senior Director, Payments Education, EPCOR
Altered vs Counterfeit Checks: October 15
In today's image environment, fraudsters can produce authentic-looking checks, making it challenging for financial institutions to detect signs of tampering. Join us to learn how to flex your fraud-fighting skills so you don’t fall for two of the most common fraudulent check types: altered and counterfeit checks. Together, we will identify differences between altered checks and counterfeit checks, so that you can spot the red flags that can be difficult to detect in an image environment. We’ll also cover how to navigate liability issues when fraudulent items are deposited or cashed at your financial institution or with one of your merchants.
Hosted by Marcy Cauthon, AAP, NCP, Director, Payments and On-demand Education, EPCOR