Third Party Payment Processors: Why are Examiners Concerned?
This program examines how a third party processor affects your ability to process transactions and remain in compliance. We’ll also discuss what examiners are concerned with and what they may be looking for when doing an audit.
This tele-web seminar will begin on Wednesday, November 28, 2012 at 11:00 AM to 1:00 PM Pacific Time.
Developing a relationship with a third-party processer can be extremely valuable and a very positive experience. However, there are additional rules and compliance steps that must be followed when building this relationship and in the procedures and processes you must have in place when working with a third-party processer.
This webinar will examine these rules and compliance challenges. We’ll examine how a third party processor affects your ability to process transactions and affects your ability to remain in compliance with the rules and regulations that govern ACH. You’ll also discuss what IT security examiners are concerned with and what they may be looking for when doing an audit.
Participate in this lively webinar and you will have the opportunity to:
- Develop an understanding of the role a third-party processor plays in ACH
- Examine the ACH Operating Rules surrounding third-party processors.
- Gain insight into the concerns of financial institution IT security examiners
- Discuss the new FDIC guidance that relates to third-party processors.
Cashiers, auditors, compliance officers, risk managers, senior management, operations officers and IT managers.
Susan Orr, CISA, CISM, CRP, CRISC, is an industry expert with vast regulatory, risk management, and security knowledge. During her 14-years as bank examiner, Susan held numerous lead positions including Regional IT Examination Specialist, Special Assistant to the Regional Director, and Special Assistant to the Vice Chairman of the FDIC. Susan was lead instructor for the FDIC’s technology school. She currently consults for security providers and performs IT security/regulatory reviews for financial institutions.
Laurie Appelbaum, AAP, is the managing director of Appel Enterprises. Laurie has over 12 years experience in the payments arena and has spoken at several industry related conferences. She has participated in many NACHA sponsored events. Previously, Laurie was the Manager of Member Services at Viewpointe and the Payments Association Specialist at The Clearing House Payments Association. She became an accredited ACH Professional in 2002 while Director of Education Services at SWACHA
2.0 total credits
Member price: $250.00 | Non member price $500.00