Learn about our fraud management services that will provide you with the organizational structure to more effectively prevent, identify and respond to fraud events.
A financial institution moves transactions through multiple networks using multiple systems for processing, settlement, monitoring and reporting each day. With the movement of money, there are many avenues of risks – some higher than others but all needing the appropriate attention to understand the extent of risk controls required.
A fraud management expert will work with your organization to create a fraud program that aggregates all your fraud risks and controls in one centralized location. Management and staff are trained on fraud prevention and recovery procedures, handling daily fraud events, escalations and incident response, reporting and governance over the fraud program. Requires a six-month contract.
Services include fraud management education, fraud system implementation, building fraud departments, financial crimes investigations and Anti-Bribery and Corruption Consulting.