Date & Time:
AAP Candidates, AAPs, APRP Candidates, APRPs, BSA Investigators_Analysts, BSA Officers, Compliance, General ACH, IT Personnel, Operations, Payments Personnel, Payments Strategists, Retail/Frontline, Risk Managers, Senior Payments Personnel
Electronic payments (e-payments) can be used by money launderers to use financial institutions to filter money through the banking system. Participants will hear how person to person and account to account online banking services can be used for money laundering. Discussion includes the importance of risk rating e-payments in the BSA risk matrix and implementing controls to monitor electronic payments for unusual or suspicious activity.