Is
your company in the process of:
promoting
electronic payments? writing
or revising electronic payment policies procedures? conducting
a risk management assessment for your electronic payment
processes? gaining a
better understanding of ACH and wire transfer compliance
issues? developing controls and
practices to manage your computer systems to avoid security
breaches and payments fraud?
The
Payments Authority can perform a Payments Process Review
and help you get a better understanding of the business processes
and related risks associated with the electronic payment
system. An evaluation will include the following:
Written
policies and operational procedures Internal
audit/risk controls and procedures Contingency
plan Authorization
forms, contracts and authentication process Electronic
payment process flow
Based on our
current understanding of your needs for this project, we recommend using
The Payments Authority's management methodologies to:
Assess
the current state of your existing electronic payment process and
organization structure Evaluate
potential alternative approaches to your electronic payment process
based upon our previous experience and our knowledge of industry best
practices Recommend
next steps
Key
deliverables:
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