Symposiums

Stop the Transfer! A Business Response Checklist for Credit Push Fraud

Credit push fraud continues to grow as criminals use business email compromise (BEC), vendor impersonation, payroll diversion, account takeover and other social engineering schemes to trick organizations into sending legitimate payments to fraudulent accounts. Unlike unauthorized transactions, these payments are often initiated by an authorized employee who believes the request is genuine, making prevention, response and recovery especially challenging. When fraud is discovered, every minute matters.

This practical session provides a step-by-step response checklist for organizations that find themselves the victim of a credit push fraud scheme. Attendees will learn the immediate actions to take after a fraudulent payment is identified, how to work effectively with their financial institution and law enforcement, what information should be gathered to support recovery efforts and how to strengthen internal controls to reduce future risk.

Through real-world examples and lessons learned, participants will gain a clear understanding of how credit push fraud occurs, the warning signs organizations often miss and the critical role communication and swift action play in improving the chances of recovering funds.

"Lucky 13" Fraud Prevention

This presentation will cover a spectrum of tactical considerations within the realms of accounting, human resources and management to effectively reduce the risk of internal embezzlement and misappropriation of assets.  

Attendees will gain a deeper understanding of the fundamental principles of fraud prevention and learn how to pinpoint the areas within an organization that are most vulnerable to fraudulent activities. Together, we will cover a well-rounded set of 13 alternative anti-fraud strategies and tactics, equipping participants with the necessary knowledge and tools to diminish the risk of financial misconduct. We will also focus on the development of a robust fraud prevention plan and the cultivation of a culture of vigilance and ethical conduct. This insight is vital for any professional committed to strengthening defenses against the ever-present threat of fraud, whether for clients or your own organization.  

This session will cover key topics, including the conceptual framework of "Lucky 13" fraud prevention considerations, managerial approaches to anti-fraud operations, identification of organizational vulnerabilities to embezzlement and asset misappropriation, crafting effective fraud prevention plans and promoting a company-wide culture of vigilance and ethical behavior.

Fighting Fraud on the Front Lines: Let's Talk Prevention

Every day, consumers fall victim to scams, identity theft and financial fraud — and financial institutions need to understand how to protect themselves, identify the warning signs and respond before the damage spreads. But are they prepared?

This session brings together three experts for an honest, eye-opening conversation about the state of fraud today:

• A Detective who investigates identity theft and fraud cases will pull back the curtain on how criminals operate and what law enforcement needs from financial partners,
• The CEO of the Better Business Bureau will share what trends they're seeing in consumer complaints and scams, and how education is one of the most powerful tools in the fight against fraud and
• A Certified Anti-Money Laundering Specialist will connect the dots between everyday consumer fraud and the larger criminal networks that profit from it.

The Illusion of Trust: Mitigating First-Party Fraud Schemes

When a client’s behavior is initially indistinguishable from a calculated fraud scheme, how do you protect your institution? First-party fraud represents a massive shift in the threat landscape, moving the danger from external cyber-attacks to the exploitation of your own payment networks. This deep dive will examine the surge in first-party fraud across ACH, mobile deposits and peer-to-peer platforms. We will unpack the complex methodologies behind multi-institution check kiting and credit bust-outs that max out accounts before disappearing. Attendees will learn how to leverage network-level visibility to identify blind spots, implement resilient risk frameworks and accurately assess liability when the threat comes directly from the inside.

Fighting Check Fraud

Community banks and credit unions continue to be challenged by rising fraud and scams across payment types. Most significantly, check fraud has emerged over the past several years as a leading concern. Mail theft, increasingly sophisticated mechanisms for altering paper checks and check images and coordination problems among financial institutions have led to mounting losses for community financial institutions. This presentation will survey the check fraud landscape, explain the source of the problem, provide actionable suggestions for prevention and review how the Independent Community Bankers of America (ICBA) is working with community bankers to advocate for solutions

Fraud by the Numbers: What the Data Is Telling Us About Emerging Threats and Risk Trends

Fraud continues to evolve at a rapid pace, but where are losses increasing, which schemes are gaining traction and what should financial institutions be preparing for next? As fraudsters adapt their tactics across payment channels, financial institutions need more than anecdotal evidence—they need data-driven insights to understand risk, allocate resources and strengthen controls. This session examines the latest fraud trends, emerging scam patterns and industry data shaping the payments landscape. Through analysis of current research, fraud classification efforts and real-world trends, attendees will gain a clearer understanding of where fraud is headed and what the numbers reveal about future risks facing financial institutions and their account holders.