Event Calendar

Thursday, December 1, 2022

Who Is Liable? Forgeries, Remotely Created/Deposited Items, Fraudulent ACH, Unauthorized Electronic Withdrawals & More Webinar

Start Date: 12/1/2022 1:00 PM MST
End Date: 12/1/2022 2:30 PM MST

Event Website: https://financialedinc.com/Who-Is-Liable-Forgeries-Remotely-Created-Deposited-Items-Fraudulent-ACH-Unauthorized-Electronic-Withdrawals-More

Organization Name: Independent Community Bankers of Colorado

Maelynn Lewis
Email: mlewis@ibcbanks.org
Phone: (720) 607-7937

Determining liability is more than finger pointing. Being able to distinguish liability for numerous types of transactions is crucial to making an accountholder whole, detecting fraud, reducing your institution’s risk, etc. Attend this webinar and learn how your institution fits into the mix when liability is in question. Account fraud has caused staggering losses to financial institutions and losses continue to rise. Your institution’s liability for forged checks, ACH fraud, remotely created and deposited items, and unauthorized electronic items varies depending on the type of fraud, how it occurred, and whether it was a consumer or commercial account. The multitude of applicable laws is mindboggling!  This webinar will explain which law applies in each type of account fraud situation, explain your institution’s liability, and what can be done to reduce risk.

  • Distinguish which party is liable in each type of account fraud situation
  • Determine when your institution must reimburse the accountholder
  • Explain what your institution can and can’t require of accountholders when investigating fraud
  • Understand your institution’s liability for forgeries
  • Distinguish between the liabilities of the ODFI and the RDFI for ACH fraud
  • Explain what constitutes an unauthorized electronic withdrawal
  • Chart listing the law in each type of account fraud situation and which party is liable
  • Employee training log
  • Interactive quiz
  • PDF of slides and speaker’s contact info for follow-up questions
  • Attendance certificate provided to self-report CE credits
This informative session will benefit deposit operations personnel and managers, tellers, compliance staff, new accounts personnel, security officers, fraud investigators, attorneys, and auditors.
Electronic Payment Fraud: When Is Your Institution Liable?, recording available
Managing Your Mobile RDC Program, Thursday, December 8, 2022
FedNow Risk Assessments & Fraud Controls, Wednesday, December 14, 2022
NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your institution is prohibited. Print materials may be copied for eligible participants only.
Elizabeth Fast, JD, CPA, Spencer Fane LLP
Elizabeth Fast is a partner with Spencer Fane LLP where she specializes in the representation of financial institutions. Elizabeth is the head of the firm’s training division. She received her law degree from the University of Kansas and her undergraduate degree from Pittsburg State University. In addition, she has a Master of Business Administration degree, and she is a Certified Public Accountant. Before joining Spencer Fane, she was General Counsel, Senior Vice President, and Corporate Secretary of a $9 billion bank with more than 130 branches, where she managed all legal, regulatory, and compliance functions.

1. Live Webinar Includes
  • Unlimited connections within your institution to the Live Webinar
  • Handout and Take-Away Toolkit
  • Available on desktop, mobile & tablet
  • Presenter’s contact info for follow-up
 2. On-Demand Webinar Includes
  • Recording of the Live Webinar
  • Available two business days following Live date
  • Handout and Take-Away Toolkit
  • Available on desktop, mobile & tablet
  • Free Digital Download, yours to keep
  • Share link with anyone at your institution
  • Presenter’s contact info for follow-up
3. Purchase the BOTH Option to receive all the benefits listed above! Full registration descriptions can be found here.

Online Registration

Registration is Closed
Closed: 11/30/2022 3:00 PM

Add to my calendar