Impact of Virtual Payment in a Virtual World
The word virtual has become our part of our everyday vocabulary, we must also look at how our organizations should enhance how we do business. During this session we will discuss some of the latest fraud trends, the importance of know your customer/client and how a virtual environment can impact the risk of doing business.
Karen (Sylvester) Nearing, AAP, APRP, CAMS, CRCM, NCP I Director, Compliance Education
EPCOR Electronic Payments Core of Knowledge
Karen (Sylvester) Nearing is the Senior Director, Regulatory Compliance Education for EPCOR. She joined EPCOR in 2007, fulfilling various positions, including facilitating educational seminars and offering consulting services on payment systems rules. Her primary focus is helping financial institutions navigate the complex world of regulatory compliance.
Karen stays current on existing and proposed initiatives and laws to support EPCOR member organizations and to provide the highest-quality education. She also assists financial institutions with identifying deficiencies and recommends sound controls based on regulatory guidance.
Karen began her career in 1994 as a teller and worked her way up to Assistant Vice President at a Kansas City financial institution. Her vast responsibilities included Bank Secrecy Act and Regulation E compliance, Internet Banking, Wire Transfer and Automated Clearing House (ACH).
Karen received her Accredited ACH Professional (AAP) designation in 2005, the National Check Payment (NCP) designation in 2012, the Certified Regulatory Compliance Manager (CRCM) in 2015, Certified Anti-Money Laundering Specialist (CAMS) in 2018 and the Accredited Payments Risk Professional (APRP) in 2019. She earned a Bachelor of Science degree in Management in 2002 from Baker University.
