Lead Trainer
Dr. Nizam Shah Allabasc
Governance, Risk Management & Compliance Trainer
Dr. Nizam Shah Allabasc is a distinguished professional with over 21 years of experience in governance, risk management, and compliance. He is an Adjunct Professor at the University of Geomatika Malaysia and the founder of A. Nizam Shah & Co., an esteemed accounting firm. Holding a Ph.D. in Operational Risks Management from the University of Tun Abdul Razak, an MBA from University Selangor, and a Professional Certificate in Islamic FinTech, he is also a Chartered Accountant with the MIA. Dr. Nizam is a Fellow of the International Compliance Association and a Certified Black Belt in Six Sigma, emphasizing his commitment to excellence in his field.
Course Summary
The Fraud Detection & Prevention in Digital Banking course is designed for financial industry professionals, providing the knowledge and skills needed to identify, assess, and prevent fraud in the digital banking landscape. Covering a wide range of topics, from basic fraud principles to the latest trends, technologies, and regulatory updates, this course offers tools for identifying and preventing fraud while exploring the real-world impact of criminal threats on consumers and banking operations. It also emphasizes essential considerations for evaluating an organization’s financial crime program, focusing on the key components for effective operations. By the end, participants will be prepared to proactively combat fraud, enhancing the security and integrity of financial institutions.
Course Objectives
By the end of this course, participants will:
- Identify the principles of fraud, including definitions, misconceptions, identification, assessment and practical and effective fraud detection and prevention.
- Develop a solid base and a minimum qualification requirement for senior professionals working in the field of fraud management or any other related field.
- Implement fraud management practices across the organization, focusing on various risks faced by managers and available tools.
- Expose participants to new regulations using a blend of quantitative and qualitative techniques for effective risk management.
- Understand the importance of an effective crime prevention program and the risks associated with financial crimes.
Course Content
- Types and Diverse Manifestations of Fraud
- Exploration of Current Fraud Trends
- Strategies and the Role of Artificial Intelligence (AI)
- Risk-Based Authentication (RBA) and Strong Customer Authentication (SCA)
- Enhance On boarding and Access with Risk Management
- Emerging Technique and Controlling Fraud
