Cross-Channel Risk Certificate

The curriculum for earning this certificate offers a thorough explanation of the ACH Network. Those completing the certificate program will have a stronger foundation of this thriving payments network. 

Risk, fraud, potential losses and strict regulations are common to all payment channels, including Check, Wire, ACH and Card. Failure to understand the inherent risks, fraud potential and compliance requirements of each system can result in financial losses, lost customers, a tarnished reputation and violations of state and federal regulations.

Building a strong foundation for detecting and mitigating risk and fraud begins with an understanding of the payment channels and their common and unique risks. Federal guidance requires financial institutions and other organizations to understand risk categories and develop sound business practices to minimize exposure.

The Cross-Channel Risk Certificate Program is designed for any payments professional that would benefit from an understanding of payment systems risk, fraud potential and governing rules and regulations. The ten-course program examines inherent risks, investigates common areas of exposure, identifies compliance obligations and provides sound risk mitigation practices of four key payment networks – Check, Wire, ACH and Card. To measure proficiency in risk identification and management, each module concludes with a knowledge assessment. The Cross-Channel Risk Certificate is awarded upon successful completion of the final course and exam.

Payments professionals who fully complete the Cross-Channel Risk Certificate Program will be able to:
  • Discern the risks of the four major payment systems (Check, Wire, ACH and Card)
  • Understand compliance obligations for each payment system
  • Identify risk management techniques
  • Mitigate the threat of risk and fraud losses
Courses qualify for AAP continuing education credits.

Cross-Channel Risk Certificate Curriculum

All classes are offered from 1 - 2 pm PT. Exam details are communicated directly with participants.

Date Course 
5/2/17     Risks Related to Check Payments
5/4/17  Operational Risk Related to Check Processing
5/9/17  Wire Transfer Compliance 
5/11/17  Wire Transfer Risk & Risk Mitigation
5/16/17  Risk Management for Debit Cards 
5/18/17  Card Disputes, Regulation E & Chargebacks
5/23/17  Third-Party Senders & Credit Risk for ACH
5/25/17       Operational & Fraud Risk for ACH
6/1/17  Final Review
6/5 - 6/23  Certificate Testing Timeframe

Register for the Cross-Channel Risk Certificate
There is no continuing education required for this certificate.
This Certificate is offered only once a year.