In this podcast, LeVar J. Campbell, treasury management sales consultant at Cambridge Savings Bank, discusses business banking and the importance of understanding fraud.

Campbell recommends that an organization's first step for launching a fraud-mitigation strategy is to gain buy-in from senior management. After that, says Campbell, “this strategy should include establishing employee fraud training procedures, as well as holding regular meetings with senior management to eliminate inefficiencies in this fraud strategy.”

Listen to this podcast to learn:

• What it takes to establish and review electronic banking controls.
• What roles employees play in proactively maintaining a fraud-prevention system.
• Ways to thwart check fraud, one of the top business fraud threats.
• One-time passcodes and second approvals — and the effects these and other solutions can have on banking platforms.