CUTTING THE GORDIAN KNOT: ECHECK FRAUD, MOBILE BANKING FRAUD, CHECK 21 & HOLDER IN DUE COURSE

4.6 (577)

Greg Litster

SAFEchecks: Abagnale Superbuisness Check

  • CPA
  • CMA
  • CGMA
  • CFE
  • CPA(Canada)
  • CCSA
  • CIA
  • TEP
  • CRMA

Before starting this self study program, please go through the instructional document.

Overview

  • How eChecks work2 mins
  • Mobile Banking Deposite Fraud13 mins
  • Warranty Claims24 mins
  • the Fraud Bulletin35 mins
  • Cracking Passwords47 mins

Course Description

Futuristic payment systems have always been the flag-bearers of convenience and safety. Systems like eChecks and mobile banking, including Mobile Remote Deposit Capture (mRDC), have been gaining popularity, with mRDC becoming one of the most sought-after mobile applications offered by financial institutions.

With the new pandemic situation, electronic and digital payments have become ubiquitous and are being exploited by fraudsters of all stripes. eChecks experienced fraud shortly after being launched, and mRDC double presentments and their subsequent losses are  being reported with increasing frequency.

As an expert on the subjects of Check 21 and Holder In Due Course, Greg Litster, founder and president of SAFEChecks, explains how little-known Check 21 and Holder In Due Course rules can mitigate such losses. This is a must-attend webinar for accountants and tax practitioners who can and should educate their clients on fraud prevention.

Learning Objectives

  • To identify various payment fraud schemes that take advantage of cutting-edge technology
  • To develop specific, straightforward strategies for preventing all types of check fraud.
  • To identify how the Check 21 Warranties combine with Holder In Due Course to give recourse to banks and consumers seeking to recoup mRDC losses.
  • To examine real-life fraud situations, including what went wrong and how the losses could have been prevented.

Who Should Attend?

  • Bookkeeper
  • Accountant
  • CPA - Small Firm
  • CPA - Mid Size Firm
  • Accounting Firm
  • CPA (Industry)
  • Auditors
  • Tax Firm
  • CPA in Business
  • Accounting Practice Owners
  • Senior Accountant
  • Accounts Director
  • Accounting Managers
  • Staff of Accounting Firm

Testimonial

4.6

(577)
66%
26%
7%
1%
0%

CK

Fascinating. Great information

CS

Very Informative

TM

Excellent presentation!

TA

Just a great presentation and learning experience!

CS

Helpful session

RM

Great course.