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Banking Best Practices to Prevent Fraud

Monthly on selected Tuesdays at 1:00 p.m. Central Time in two CPE event

This event takes a hard look at preventing fraud in the retail banking organization. 

This CPE training event gives the attendee an excellent overview of a bank organization's best practices to prevent fraud. Attend to improve the anti-fraud efforts at your institution.

Are you in a position as a banking industry internal auditor to:

  • Find and report to management fraud losses?

  • Investigate fraud allegations from the hotline?

  • Look for control weaknesses that lead to employee fraud?

  • Suggest process and policy improvements to mitigate fraud?

  • Look for the red-flags that something is amiss?

  • Understand the fraud that can be within your financial statements?


Banking organizations are increasingly threatened by employee fraud. In fact, employee fraud represents the majority of all fraud threats to a banking organization.

Embezzlement, kickbacks, check fraud, financial statement fraud and vendor billing schemes are just a few of the countless economic crimes committed by employees and outsiders. And with the march of technology, new computer and Internet-driven schemes are being deployed by dishonest insiders all the time.


This webinar will provide attendees with a strong foundation of practical knowledge about how common frauds are committed, how to detect the red flags of these crimes and how to eliminate control deficiencies that provide opportunities for dishonest employees.


This timely, two hour CPE training event is designed for the internal auditor, compliance professional and others who wish to improve their tradecraft skills within fraud protection and detection.

The retail cost of the online 2 CPE internal auditor training event is $120 per attendee.

Each attendee will receive 2 CPE Hours (YB). A certificate of completion will be provided.

Program Level of Understanding: Basic
Prerequisites: None
Advance Preparation: None
Delivery Format: Group Internet Based
NASBA Field(s) of Study: Business Ethics
CPE Credits: 2, based on 50 minutes of instruction per hour

CPE Event Highlights

The event covers fraud in the retail banking industry. The event will cover:

  • Reasons for focus on fraud: it is not just the money.

  • Two step process: Identity and Execution.

  • Specific identity aspects of frauds.

  • Payment systems issues (check image, ACH growth).

  • Credit issues (cards and loans).

  • Centralizing financial crime responsibilities.

  • Eight points where fraud can be addressed by a bank.

  • Four ways to add value to your bank.


Learning Objectives

This CPE training event will provide valuable assistance to all personnel with anti-fraud responsibilities in banks or other financial institutions. It will cover the following learning objectives:

  • How to design internal controls and compliance programs,

  • Activities to detect fraud attempts,

  • Managing the investigation of fraud alerts,

  • Analyzing internal control improvement options,

  • Understanding fraud perpetrators' strategies and techniques.


Key Items on the Agenda

The major agenda items within this intense CPE training event are:

  • Preventing Fraud in Banking

  • Bank Best Practices to Prevent Fraud

  • Improving Anti-fraud efforts at your Institution