Fraud Risks and Scenarios

Common Fraud Risks Below are some common fraud risks that you may face as a company. It is important to evaluate the customer and transaction types you are allowing, which will give you a sense of your risk profile and controls. I…

ACH Transfers - Risk and Compliance

General The Automated Clearing House (ACH) is a network for financial transactions in the United States that allows for the electronic movement of money between banks. Managed by NACHA (formerly the National Automated Clearing House Association)…

Wire Transfers - Risk and Compliance

General Wire transfers allows for the electronic movement of money between banks, both domestically and internationally. Wire transfers involve money movement that is close to real-time (but not 24/7) and are irreversible, making it a fast and rel…

A Comprehensive Guide to Rules Change Management with Synctera

Introduction Welcome to Rules Strategy with Synctera. The purpose of this document is to provide the rules change management process throughout the lifecycle of your program. Synctera will begin with a rule-based monitoring system by partnerin…