Overview:
New digital methods are reinventing the payments ecosystem. Payment applications such as Google Pay make it quick and easy to move money around the market and across borders. As more companies adopt various forms of digital payments, they have forced financial entities to adopt alternative payment options. A recent whitepaper by SAS found:
The fraud world is an interconnected web of fraud and abuse vectors that influence and impact one another. Merchants need a proactive fraud strategy to protect and recover revenue that would be lost to chargebacks. They also need to evaluate their end-to-end dispute management process
Why you should Attend:
Fraudsters seek new ways to exploit private information. Cybercrime and fraud prevention is an evolving field based on varied tactics used by fraudsters. In order to be prepared to mitigate fraud risks, you must understand the current fraud trends.
Digital Payments fraud is considered one of the top fraud trends for the future.
Areas Covered in the Session:
Who Will Benefit:
Lynn Fountain has over 45 years of experience spanning public accounting, corporate accounting and consulting. 20 years of her experience has been working in the areas of internal and external auditing and risk management. She is a subject matter expert in multiple fields including internal audit, ethics, fraud evaluations, Sarbanes-Oxley, enterprise risk management, governance, financial management and compliance. Lynn has held two Chief Audit Executive (CAE) positions for international companies. In one of her roles as CAE, she assisted in the investigation of a multi-million-dollar fraud scheme perpetrated by a vendor that spanned 7 years and implicated 20 employees. The fraud was formally investigation by the FBI and resulted in 5 indictments estimating a $13M fraud loss.
Ms. Fountain obtained her BSBA from Pittsburg State University and her MBA from Washburn University in Kansas. She has her CPA, CGMA, CRMA credentials.