Verifying ACH Origination to Protect Customer Identity
Accurate ACH origination is essential for financial institutions to prevent potential risk and to protect customer data. New technologies have also created more complex fraud trends that can cost your bank heavy losses. Learn to comply with ACH regulations to provide a process to that can protect both your customer’s data and your institution’s reputation. Branch managers, processors and others who capture this information must understand the rules and implications of this process.

This 90 minute webinar will provide an in-depth look at how verifying the origination of all ACH transactions can help to protect your customer’s identity. Topics for discussion include: solutions to prevent fraud both internally and externally, what industry leaders are doing to create a competitive atmosphere, best practices used to authenticate customer identity, effective monitoring strategies and practical approaches to promote loss prevention. Gain an overview of ACH regulations and engage in a discussion on managing compliance procedures.

Topics for Discussion Include:

• ACH Origination Risk
• Fraud Prevention
• Competitive growth opportunities
• Operational monitoring strategies
• Applicable ACH regulations

Who Should Attend:

• Risk Managers
• Compliance Managers
• Internal Auditors
• Privacy and Security Directors
• Operational Managers
• Branch Managers

Presented by:
Mitchell Young, Director, Risk Management for TARGUSinfo
Mike Bates, Vice President, Product Solutions, Early Warning Services, LLC

About the Presenters:
Mitchell Young is Director, Risk Management for TARGUSinfo. He joined the company four years ago and has helped to build the Risk Management practice, leveraging TARGUSinfo’s unique relationship with the US Telco Network and its On-Demand Information services to solve identity verification and authentication challenges for leading retailers, payment services, financial institutions and risk service providers.

Prior to TARGUSinfo, Mitchell worked at Strategic Management Group. He was a consultant to Fortune 500 companies including SAP, Panasonic, AOL, EDS and others for strategy and executive development issues.

Mitchell graduated with highest distinction & honors from the Pennsylvania State University. He holds an MBA from NYU’s Stern School of Business. He lives in Philadelphia with his wife and two children.

Mike Bates brings more than 22 years of fraud and risk management experience to Early Warning Services, where he serves as vice president, product solutions and manages the company’s payment and identity services. Prior to joining Early Warning, Mike was responsible for several Financial Institution and Retail risk and risk management products at eFunds, where he also launched various ACH and Check 21 solutions, including Electronic Check, Back Office Conversion, and RCK products. Additionally, Mike possesses a strong systems engineering background, as he was the lead systems architect for the SCAN and SCAN OnLine products before moving into product management at eFunds.