Identity Issues in Banking
Dive into the critical challenges of identity management in the banking industry with the Identity Issues in Banking CPE event. This two-hour interactive training is designed to equip banking professionals and auditors with the expertise needed to identify, mitigate, and address identity fraud risks while ensuring regulatory compliance. By attending, you’ll earn 2 Continuing Professional Education (CPE) credits and gain invaluable skills to enhance customer trust and fraud prevention.
Why Attend?
Earn 2 CPE Credits and Advance Your Career
Grow your expertise and fulfill your professional development requirements with tangible knowledge in identity fraud management and banking compliance.
Master the 26 Red Flags of Identity Fraud
Gain a comprehensive understanding of the red flags outlined by federal regulators, including key warning signs for new and existing accounts, credit reports, and document submissions.
Mitigate Risks and Strengthen Compliance
Learn to design and implement robust fraud control programs that not only combat identity theft but also reduce financial losses and strengthen your institution’s regulatory standing.
Stay Ahead in a Post-Breach World
With firsthand insights on data breaches like those of Equifax and Experian, discover cutting-edge strategies to counter fraudsters’ tactics and build better defenses for identity validation.
Key Course Highlights
This CPE event provides attendees with actionable knowledge and tools to manage identity risks effectively. Key topics covered include:
- The 26 Federal Red Flags: Understand how to identify and address the critical indicators of identity fraud in applications, account usage, credit reports, and customer documentation.
- Creating a Fraud Control Program: Develop and implement strategies to detect and combat identity theft, tailored to the evolving risks in the banking ecosystem.
- Insights from Past Data Breaches: Analyze how breaches like Equifax impact banks’ reliance on third-party credit agency data and explore better approaches to identity verification.
- Directions for Identity Solutions: Discover emerging tools and techniques for identity validation and fraud detection in today’s complex digital banking environment.
Learning Objectives
By completing this training, attendees will be able to:
- Understand Federal Identity Fraud Regulations: Gain clarity on the list of 26 federal red flags and their significance in regulatory compliance.
- Review and Improve Current Compliance Practices: Assess and strengthen your institution's existing identity fraud controls.
- Implement Effective Fraud Control Programs: Build innovative identity solutions to protect against data misuse and identity theft.
- Identify Warning Signs of Fraud: Recognize fraud patterns across new and existing accounts, customer applications, and credit-related activities.
Additional Event Details
This live, internet-based course is an essential resource for internal auditors, compliance professionals, and fraud prevention specialists.
- Format: Interactive online session.
- Schedule: Mondays, 10 a.m.–12 p.m. (Central Time), every eight weeks.
- Cost: $140 per participant.
- Group Options: Private sessions available for two or more attendees.
Who Should Attend?
This training is ideal for:
- Banking Compliance Professionals: Stay informed about identity-related regulatory updates and compliance practices.
- Internal Auditors: Enhance your audit tradecraft with a deeper understanding of identity fraud risks and controls.
- Fraud Prevention Teams: Improve your capabilities in identifying risks and implementing effective fraud control programs.
The Importance of Mastering Identity Issues in Banking
Identity management is a fundamental aspect of safeguarding financial institutions and customers’ trust in today’s digital-first world. With the rise in data breaches and advanced fraud schemes, understanding identity fraud red flags and developing effective response measures are critical to maintaining compliance and operational integrity. By mastering these skills, you’ll be better prepared to protect your institution, reduce risks, and strengthen your professional impact.
Register Today and Secure Your Spot
Don’t miss this opportunity to enhance your expertise in banking compliance and identity fraud detection. Register for the Identity Issues in Banking CPE Training Event and gain practical skills that drive better fraud prevention and career growth.
Sign up now to strengthen your capabilities and stay ahead of evolving identity fraud challenges in the banking industry!
Details on Event Presentation
Offered every eight weeks on Mondays at 10:00 a.m. to 12:00 noon Central Time in two CPE-Credit event.
We can schedule private events on your timetable for two or more attendees.
CPE Event Highlights
This webinar training helps attendees to understand the problems with 26 Red flags released by federal banking regulators in regards to identity fraud.
The instructor will discuss how to create and implement the fraud control program and identity solutions to combat ID theft and reduce future losses within a banking institution.
Learning Objectives
This CPE event will cover the following learning objectives:
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Understand the Federal regulatory deification of "Identity Issues".
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Understand how to review the bank's current compliance.
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Learn how approach improving compliance.
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Understand which "Red Flags" to look for.
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Key Issues on the Agenda
The major agenda items within this intense CPE training event are answering:
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What has changed?
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Problems with the "26 Red Flags"
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Red flags indicating ID threats for new accounts
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Red flags on applications
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Red flags on credit reports
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Red flags on documents provided
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Red flags on early use of new credit
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Red flags indicating ID threats for existing accounts
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Directions for ID Tools in a post-breach world
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NASBA Program Disclosures
Program Level of Understanding: Basic
Prerequisites: None
Advance Preparation: None
Delivery Format: Group Internet Based
NASBA Field(s) of Study: Auditing
CPE Credits: 2, based on 50 minutes of instruction per hourSummary of the Subject Matter
This CPE event on "Identity Issues in Banking" delves into the intricate landscape of identity-related challenges within the banking sector, addressing critical considerations and implications for both financial institutions and customers. This comprehensive exploration encompasses various facets of identity issues, shedding light on their impact on regulatory compliance, risk management, and customer trust.
The core focus of this event revolves around dissecting the multifaceted nature of identity issues, encompassing authentication protocols, data privacy concerns, and the evolving landscape of digital identities. By delving into these aspects, the event seeks to empower attendees with a profound understanding of the complexities surrounding identity management in the banking industry.
Highlighted throughout the event is the pivotal role of regulatory frameworks and compliance standards in mitigating identity-related risks, emphasizing the need for robust measures to combat fraud, identity theft, and unauthorized access. Furthermore, the event underscores the significance of customer-centric approaches to identity verification, aiming to strike a balance between security imperatives and seamless user experiences.
Moreover, the event aims to equip attendees with actionable insights into emerging technologies and best practices for identity validation, fostering a proactive stance toward addressing evolving threats and vulnerabilities in the banking ecosystem.
In conclusion, the "Identity Issues in Banking" CPE event serves as a knowledge-rich forum for unraveling the complexities of identity management within the banking domain, fostering awareness, and strategic preparedness in navigating the intricate terrain of identity-related challenges.