📅Date: NA ⏱️Duration: 60 minutes
📊Expertise Level: Beginner – Intermediate
Description
With the rapid growth of digital payments, fraudsters have more opportunities than ever to exploit gaps in mobile transactions, P2P platforms, and real-time payment systems. This course examines the most common fraud schemes affecting modern payment channels, including phishing, synthetic identities, account takeover (ATO), and money mule activity and how they differ from traditional banking risks.
Participants will learn how transaction patterns, device intelligence, and behavioral signals can reveal fraud in real time. The course also covers controls that reduce exposure, from velocity checks and authentication enhancements to anomaly detection and customer education. Using real-world examples and case scenarios, the session gives learners a practical view of how digital payment fraud evolves and how to respond effectively.
Who This Is Designed For: Professionals working in fraud, AML, payments operations, risk, compliance, customer experience, or fintech product oversight within financial institutions, fintechs, and MSBs.
Agenda
Examine how fraudsters exploit mobile wallets, P2P apps, ACH, RTP, and card-not-present (CNP) channels.
• Understand common digital payment fraud schemes, such as phishing, synthetic identity, ATO, and mule networks.
Identify key fraud indicators at the transaction and user-behavior levels.
Review how authentication, velocity monitoring, anomaly detection, and customer messaging reduce risk.
Analyze real-life scenarios to strengthen detection and escalation skills.
Discuss best practices for aligning fraud controls with operational workflows and regulatory expectations.
By the end of this webinar, you will know how to
Identify the most common fraud schemes targeting digital payment channels.
Recognize patterns and red flags unique to mobile, P2P, ACH, and real-time transactions.
Apply controls that enhance early detection and reduce fraud exposure.
Strengthen your organization’s fraud monitoring, escalation, and prevention strategy.