It’s no secret, wire fraud is on the rise and becoming a major concern in the title industry. With high-dollar transactions and complex payment processes, it’s no surprise bad actors are finding new ways to steal large sums of money from everyone in the payment ecosystem. In this webinar we will discuss recent impacts of wire fraud on the industry and how Sekady can help you protect yourself.
You will learn about:
- Wire Fraud – what is it, how does it work, and how is it affecting the industry?
- Wires vs ACH – how do they compare? Which is safer?
- RTP & FedNow – are they the future of safe payments?
- Account & Entity Validation Services – how do they help you combat fraud?
- Draw management – do you know exactly who you are paying, and for what at all times?
- Know Your Customer & Know Your Business – how do organizations with strong BSA/AML programs help protect you?