Risk, fraud, potential losses and strict regulations are common to all payment channels, including Check, Wire, ACH and Card. Failure to understand the inherent risks, fraud potential and compliance requirements of each system can result in financial losses, lost customers, a tarnished reputation and violations of state and federal regulations. Building a strong foundation for detecting and mitigating risk and fraud begins with an understanding of the payment channels and their common and unique risks. Federal guidance requires financial institutions and other organizations to understand risk categories and develop sound business practices to minimize exposure. The Payments Risk Network Certificate is designed for any payments professional who would benefit from an understanding of payment systems risk, fraud potential and governing rules and regulations. This program examines inherent risks, investigates common areas of exposure, identifies compliance obligations and provides sound risk mitigation practices of four key payment networks – Check, Wire, ACH and Card. To measure proficiency in risk identification and management, each module concludes with a knowledge assessment. The Payments Risk Network Certificate is awarded upon successful completion of the final course and exam. Curriculum: - Introduction to Payments Risk - Retail and Wholesale Payments Risk (Two-Part Series) - Faster Payments Risk - Payments Regulatory Environment - Business Continuity Management - Payments Physical and Information Security - Payments Policies, Procedures and Risk Assessments - Payments Fraud - Final Review - Final Certificate Exam