Class Schedule

Join industry expert Angie Ontaneda from Wells Fargo for a vital discussion on how today’s most common fraud schemes are putting dealerships at risk. From unauthorized wire transfers and fake vendor payment requests to ACH debit fraud and check scams, you’ll learn how fraud infiltrates payment systems and what proven financial controls can stop it. 

Agenda Topics Include:

• The most effective payment controls such as dual approval, daily reconciliation, and segregation of accounts
• How account validation services, positive pay, and ACH filters protect your bottom line
• Ways to document and communicate internal payment procedures to vendors and staff
• The financial risk of human error and how employee awareness can reduce costly mistakes
• Industry trends and benchmarks, including the percentage of organizations affected and common payment methods exploited

Speakers:

• Angie Ontaneda, Executive Director, Wells Fargo