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Course/Product Description
Title:

Protecting Your Vital Business Interests - The Value of SSN Verification with Absolute Personal Identifier Validation

SKU:WT-1000785
Format: Webinar
Description:

The ease of creating a false identity has made financial institutions extremely vulnerable in becoming victimized across multiple operational areas.

Credit thieves and fraudulent applicants with false identities daily infiltrate financial institutions. These imposters have changed the playing field to their advantage - placing your business in severe risk of loss.

There is a way to thwart these perpetrators. Protect your business from criminal activity by learning their schemes and thwarting their attempts with the absolute validation methodology direct form the U.S. governmental source records.

CBSV will be discussed as the premier method of personal identifier validation for due diligence processes as it matches name, SSN, date of birth, gender, and death indicator direct to the SSA Master File and Death Index to mitigate fraud and identity theft and reduce loan losses and net charge-offs.

CBSV is becoming the industry standard, and financial institutions that do not implement it into their processes will be less able to compete.

Covered Topics:

  • Current schemes used by applicants of all types (including new depository accounts, mortgage, auto, and personal loans), unauthorized workers, and other identity theft perpetrators
  • Learn how to protect the vital interests of your organization and avoid becoming victimized by mitigating losses associated with fraud, identity theft and the loss of your company's valuable reputation
  • The differences and similarities between government and non-government verification systems (credit header information, data algorithms, Form I-9 Employment Eligibility Verification, E-Verify, Social Security Number Verification Service (SSNVS), and Consent Based Social Security Number Verification (CBSV) service)
  • Pros and cons for each along with learning about current schemes involving Synthetic Name Fraud (aka Synthetic Identity Fraud) and Credit Profile Numbers (CPN) - which are both used to easily create a fraudulent identity
  • Case studies will be discussed and industry best practices will be reviewed.

Who Should Attend

Executives and Managers of Operations, Lending, New Accounts, Security, Fraud, SIU, Compliance, and Human Resources.

The Presenter

Jim McCain, a certified trainer and General Manager of Computer Information Development LLC, has over 35 years experience in fraud prevention and remediation services. Jim started his credit/collections career in 1971 and has worked thousands of fraud cases during this time.

About The Provider: Since 1983 Total Training Solutions has produced dozens of videotapes, CD-Roms, DVD's and web-based training modules. In addition to off-the-shelf products, Total Training Solutions also develops custom training products and consults with financial institutions to develop their own training curriculum.

For timely delivery of training topics, webinars or web conferencing is an unbeatable option. We now offer over 100 live programs per year and you can even purchase the recorded or ondemand session if you are unable to attend the live program.

We have worked exclusively with the financial industry since our founding. Because of this, we understand the needs of training departments in financial institutions and are alert to changes which affect the industry.

Webinar Descriptions:

Live Session:
Attend the live session with the opportunity to ask questions to the presenter. You also receive a link to the handouts. All registrations for a live event will be given access to the OnDemand recording, at no additional cost, for seven days following the event. This will allow a flexible alternative when last minute conflicts intrude on scheduled events.

Recorded CD:
CD-Rom includes audio and video of recorded webinar plus hard copy handouts. You will also receive 6 months access to the OnDemand weblink as an added free bonus.

OnDemand:
Includes a weblink for unlimited viewing for 6 months after the date of the webinar as well as a link to handouts.

Live + Recorded:
Includes all three options above. Live session, OnDemand Weblink, and CD-Rom plus Hardcopy Handouts.

Live + OnDemand:
Includes two of the options above. Live session and 6 months access to OnDemand Weblink plus link to handouts.
Price: $265.00
More Info: Contact Us For More Information
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Currently Scheduled Dates For This Webcast
Course TitleDatePrice
Protecting Your Vital Business Interests - The Value of SSN Verification with Absolute Personal Identifier ValidationCD/On-Demand$325.00

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