Program Description:
Operational losses attributable to fraud, specifically debit and payment channel fraud are changing right in front of our eyes, and at a pace that threaten both your accounts and the reputational integrity of your financial institution. Please join us as we explore why your “sales market” is local, but your “risk market” is global, and what this means to the risk management strategies for your plastic card portfolio.
Plastic card portfolios are traditionally viewed as a silo that must be protected, weighing the risks and rewards associated with the marketplace in which you operate. Unfortunately, the Internet and Worldwide trade are changing the rules for everyone. Please join this program to elevate your knowledge of the perils you face today, with suggestions for change to protect your institution.
This two-hour course covers:
- Discover the Paradigm Shift you must make to protect your bank and card portfolio.
- Learn about the evolution of fraud in the marketplace and its impact on your financial institution.
- Gain insight into why PIN based fraud is growing.
- Understand Plastic Card Fraud and the impact of Organized Crime.
- Develop ideas for a more robust fraud detection strategy for your institution.
Plus frequent question and answer sessions throughout this presentation.
Who Should Attend:
Personnel involved in the administration of the fraud risk management of the plastic card portfolio, and the staff responsible for the execution of procedures related to the monitoring and responding to fraud issues.
Presenter:
Jim Rechel is president of The Rechel Group, Inc., a risk-consulting firm headquartered in Cincinnati, OH. He is on the board of The Institute for Criminal Justice Education, Montgomery, Alabama and a member of numerous national organizations, and is a certified financial security officer. Prior to working for The Rechel Group, Inc, Rechel was vice president for Fifth Third Bank headquartered in Cincinnati, where he held positions in various departments, including Retail and Lending, and Security Director.
Rechel received a bachelor's degree in business administration from the University of Cincinnati in 1982. He graduated from the FBI Academy in 1985 and was a special agent with the FBI in Selma, Alabama, for three years. Over the last 15 years, he has conducted workshops and seminars for more than 1000 professional organizations, and over 75,000 individuals. |
