Are your payment controls keeping pace with real-time risk? Together, we will examine how courts are allocating liability for funds transfer fraud, account takeovers, business email compromise and situations where your client may be involved in fraud (i.e., a money mule or the primary fraudster). We will compare key legal frameworks, including Article 4A of the Uniform Commercial Code (UCC), network rules and contract terms, and assess what “commercially reasonable security procedures,” “good faith” and “ordinary care” look like in practice. Recent cases will be used to draw lessons on client obligations, allocation of loss, error resolution and the impact of faster irrevocable payments. Attendees will gain clear takeaways to improve authentication practices, enhance their agreements and procedures and reduce exposure for funds transfer fraud.
Ways to Save
While this webinar can be purchased individually, it is also available as part of our Payments Law Bundle. Want to save even more? Contact Member Support to register three employees for this webinar and get one additional registration for free.
Member Price: $225.00 / Non-Member Price: $450.00
CEU Information: 1.2 AAP/AFPP/APRP Credits Available