Watch Out for Credit Push Fraud!!! - FI Today Podcast with Jordan Bennett of NACHA скачать в хорошем качестве

Watch Out for Credit Push Fraud!!! - FI Today Podcast with Jordan Bennett of NACHA

In this episode of FI Today, we have a captivating conversation with Jordan Bennett from NACHA, shedding light on the intricate world of credit push fraud. Join us as we unravel the nuances of this emerging threat and discuss effective strategies to thwart fraudsters and keep your financial systems secure. We explore the fascinating landscape of credit push fraud and how it has become a new playground for fraudsters. Jordan Bennett, a seasoned expert in risk management with over two decades of experience, shares his insights on the shifting tactics of fraudsters and the vulnerabilities that they exploit. From vendor impersonation to payroll fraud, we dissect real-world scenarios that illustrate the importance of vigilant fraud prevention. Discover how the ACH network's self-governing approach has been crucial in mitigating debit fraud and how the same principles can be applied to safeguard against credit push fraud. Education emerges as a central theme, as Jordan emphasizes the significance of awareness and collaboration between RDFIs and ODFIs to collectively combat fraud and maintain the network's integrity. #banks #payments #creditunions #commericalbanks #ACH #NACHA #treasurymanagent #paymentrisk #paymentfraud