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November 5, 2015
1:30PM - 2:30PM
Managing Higher-Risk Business Customers
A Free Webinar brought to you by G2 Web Services
Gift From WACHA
Financial institutions and others in the payments value chain must comply with regulations related to initial due diligence of customers, as well as ongoing analysis of their businesses. Included in the analysis is an assessment of the risk of those customers. How can FIs and processors effectively determine what the risks are, particularly if they have a large and dynamic portfolio of customers? There aren’t enough relationship managers, compliance staff, operational staff and others to adequately provide thorough analysis and monitoring, particularly for higher risk business customers, so automation and technology can be useful.
Speakers:
Jane Hennessy, Head of External Alliances, G2 Web Services, will cover how to assess business customer risk - including riskier categories such as third-party payment processors (TPPPs) and third-party senders (TPSs) who are under greater regulatory scrutiny — and determine if there are material changes in any business parameters on a periodic basis, so the financial institution can meet its regulatory obligations.
Steve Clendaniel, Director of Risk Consultancy, G2 Web Services
For more information on business customer intelligence, download the white paper.
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11/05/2015 01:30 PM
11/05/2015 02:30 PM
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Managing Higher-Risk Business Customers
Financial institutions and others in the payments value chain must comply with regulations related to initial due diligence of customers, as well as ongoing analysis of their businesses. Included in the analysis is an assessment of the risk of those customers. How can FIs and processors effectively determine what the risks are, particularly if they have a large and dynamic portfolio of customers? There aren’t enough relationship managers, compliance staff, operational staff and others to adequately provide thorough analysis and monitoring, particularly for higher risk business customers, so automation and technology can be useful.
Speakers:
Jane Hennessy, Head of External Alliances, G2 Web Services, will cover how to assess business customer risk - including riskier categories such as third-party payment processors (TPPPs) and third-party senders (TPSs) who are under greater regulatory scrutiny — and determine if there are material changes in any business parameters on a periodic basis, so the financial institution can meet its regulatory obligations.
Steve Clendaniel, Director of Risk Consultancy, G2 Web Services
For more information on business customer intelligence, download the white paper.
Gift From WACHA
