OnDemand Video Module

Introduction

The payments industry is evolving at an unprecedented pace. With new technologies, regulations, and products, successfully managing risk in this innovative era is challenging. Whether you are implementing new forms of payment, making decisions about vendors and technology, or creating new payments products, this session provides an introduction to risk fundamentals and provide you with the key concepts required to make sense of a fast changing landscape. If you think fraud and risk are synonyms, this session is for you!

Topics Covered

• Risk vs fraud
• Chain of liability
• Risk in pull payments
• Risk in push payments
• Key risk management tenets and transaction laundering.

Learning Objective

To understand how to think about risks in payments independent of payments systems and payment domains.