A Conference for Businesses Hosted by MACHA and the Mid-Atlantic Association for Financial Professionals
The payments landscape has been changing rapidly with the development of various payment technologies that businesses can use to cut expenses and generate revenue. Technology innovations can also present unique fraud opportunities. Businesses need to recognize the value of technology for payments processing, but must be ever vigilant to the potential financial fraud that can occur.
This conference will focus on the emerging technologies that you can integrate into your payments collections and disbursements platform to benefit your business.
November 15, 2012 happy hour to follow
1:00 – 5:00 PM Conference
Holiday Inn: 410-799-7500
7900 Washington Boulevard
Columbia, MD 20794
BBB Accredited Businesses pay MACHA's member rate
$99.00 per person
Non-members & walk-ins
$150 per person
Conference is approved for 3.6 CTP/CCM/AAP recertification credits by the Association for Financial Professionals and NACHA. CPA recertification credits may also apply.
Register online at macha.org
1:00 – 1:30 p.m. Registration
1:30 – 3:00 p.m. Emerging Payments Technologies Primer
Paul Tomasofsky, President Two Sparrows Consulting
This session will highlight and discuss the emerging payments technologies that businesses can and should integrate into their payments strategy. Hear a payments expert address the different payment options available for businesses of all sizes. This session will generate practical ideas that you can use in your own company.
Topics to be covered:
Use basic concepts and terminology related to electronic
payment collections and disbursements
Recognize the most popular types of non-paper-based payment
instruments, their formats and mechanisms
Identify how each payment type is originated and settled and
the participants involved
Consider speed, finality, remittance data, transaction costs,
limitations and risk when selecting payment mechanisms
3:00 – 3:30 p.m. Refreshment Break
3:30 – 5:00 p.m. Emerging Payments Risks and Fraud
William B. Nelson, AAP, CCM, President Financial Services Information Sharing and Analysis Center
Businesses face an escalating number of new cyber threats and attacks that have resulted in significant losses. Mr. Nelson will discuss the latest intelligence on the criminals, hactivists, and nation states behind these attacks and will share information about account takeover and other types of cyber crimes committed against businesses. This session will also include valuable information about techniques that all businesses can use to protect themselves against these sophisticated types of cyber crime.
Topics to be covered:
- Who are the criminals committing account takeover crimes
- Types of cyber crime techniques used by criminal organizations
- What are the methods for protecting the business assets
- The efforts of law enforcement
5:00 – 6:00 p.m. Networking Hour with drinks and hors d’oeuvres