News

ATM Community schedules training session in Nigeria to fight fraud

July 7, 2010

The ATM Community, a group of 740 professionals in 52 countries, will hold a two-day training session in Lagos, Nigeria, to train bank employees and others in the financial services industry how to detect and combat fraud.

"The menace of ATM fraudsters will continue to hound the nation's banking sector unless there is a concerted effort by banks, law enforcement agencies, financial crime investigators and prosecutors to fight the challenge," Bolanle O. Omotoso, managing partner of MCSI Consulting Limited in Lagos, wrote in an email.

The ATM Community will hold its conference July 19 through July 22 in Swiss House in Lagos. The meeting will focus on various types of fraud, including skimming, card trapping, card thefts and explosive attacks on ATMs.

"The solution is to train your ATM deployers, systems auditors, internal auditors, legal team and operational risk managers on how to prevent, detect and investigate all forms of ATM and eChannel fraud," Omotoso wrote.