Streamlining Processes When Banking Third-Party Payment Processors and Merchants

  • When: August 16, 2017
  • Time: 12:00 PM – 2:00 PM ET
  • Levels: Intermediate – Advanced

Heightened regulatory scrutiny and the recent uptick in enforcement actions have created challenges for compliance professionals when banking third-party payment processors and merchants. Some of these challenges when dealing with high-risk customers include requirements to obtain extra information, extensive transaction monitoring, and implementation of policies that include appropriate oversight and controls commensurate with the risk and complexity of the activities. During this webinar, our panel of experts will dive into the ever-changing environment of third-party relationships, including practical approaches when boosting current monitoring techniques and developing robust internal processes that align with expectations of the regulators.

Learning Objectives

  • Developing policy, procedures and risk management strategies for banking third-party payment processors including conducting high-level CDD to reveal any potential risks and supply chain integrity
  • Reviewing recent regulatory updates and enforcement actions involving third-party processors
  • Auditing processor’s KYC and AML policies to establish all regulatory requirements are met

Who Should Attend

  • Risk Management Officers
  • Onboarding Personnel
  • Compliance Managers

Region/Industry

  • North America
  • Global
  • Bank/Financial Institutions

Pricing

ACAMS Members Non-Members
$195 $295
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Speakers

Brian Nazzaro
  • Brian Nazzaro, CAMS

  • Group Compliance Director
  • WorldRemit Corp

Jennifer Papenhagen
  • Jennifer Papenhagen

  • Elevated Risk Manager
  • MB Financial Bank