Web Seminar Archive
Understanding IAT
Presented by Priscilla C. Holland, AAP, CCM
Senior Director of International Programs for NACHA, The Electronic Payments Association
A recent study indicates that 24% of survey respondents lack confidence in their ability to process IATs by NACHA’s deadline. Are you in that group? Whether you are or not, Accuity is here to help you better understand and prepare for International ACH Transactions. All financial institutions that deal with payments processed through the U.S. ACH Network must be prepared for this new rule, even those that do not currently send or receive ACH payments formatted as cross-border payments and those that do not originate ACH payments. Don’t wait to prepare for the new ACH regulatory Requirements!
The Art and Science of False Positive Reduction for TMS
presented by Sunil Choudhary, Principal Consultant
Accuity’s Strategic Services Group
The truth about all comprehensive transaction monitoring systems is that they generate alerts. The unfortunate reality is that most of these alerts are False Positives. Many banks accept this reality as inevitable and are resigned to undertaking the costly manual process of reviewing the false positives. But by taking some simple steps aimed at reducing the false positives generated by your TMS, you can significantly improve the accuracy of your alerts and thereby impact your costs.
Restoring Sanity to Screening
Presented by Eric Sohn, CAMS
Senior Engagement Manager with Accuity’s Strategic Services Group
When it comes to screening accounts and transactions against sanctions lists and caution lists, taking a risk-based approach, as recommended by many regulators, can eliminate some of the inevitable manual reviewing that is inherent in the process.
However, even the most finely-tuned risk-based approach will still produce obvious false positives that must be reviewed before they are approved.
Having a deeper understanding of the information that is contained within regulatory and enhanced due diligence lists, therefore, can eliminate excess manual review and further streamline even the best compliance process.
Improving Payment STP with The Global Banking ResourceTM and IBAN Payment Resource
Veronica Page, Product Manager
Accuity’s Payment Solutions
Whether your business is a financial institution, a correspondent bank or a corporation, improving payment straight through processing (STP) will help you reduce processing costs and maintain margins. Doing so requires that you have the most up-to-date payment information accessible in an easy-to-use format.
Improving Global Corporate Payment Operations
Sarkis Akmakjian, Product Manager
Accuity’s Payment Solutions
In the ever–changing and evolving world of global payments, corporate treasury departments and other groups responsible for making payments are constantly reassessing their payment operations. Global payment initiatives have a direct impact on the way corporates manage their payment processes. Listen to this Web seminar to learn how to streamline your payment operations.
False Positive Reduction: Simple Steps to Improved Caution List Screening Efficiency
presented by Eric Sohn, Senior Engagement Manager
Accuity’s Strategic Services Group
False positives generated by caution list screening are a necessary evil of any good compliance program. But by taking some simple steps aimed at reducing the amount of false positives your screening generates, you can increase your chances of finding true matches more efficiently and cost-effectively.
Politically Exposed Persons: Understanding PEPs’ Impact on Enhanced Due Diligence
presented by Dirk Mohrmann, Chairman and CEO
WorldCompliance
Politically Exposed Persons (PEPs) introduce a level of complexity into any enhanced due diligence or Know Your Customer initiative. Gain an understanding of how PEPs impact screening processes and how to manage for them as part of your compliance program.
IBAN: Latest Debates and Practices
presented by Malcolm Taylor, Managing Director of EMEA and Asia Pacific
Accuity
With the upcoming January 2008 "go live" date for the Single Euro Payments Area (SEPA) fast approaching, the need for banks and corporates to understand some of the issues facing IBAN is becoming even more critical. As businesses adapt their processes and practices to SEPA requirements, several important discussion items surrounding IBAN still remain open for debate.
