1. Home
  2. Fraud Prevention
  3. Minimizing Fraud Procedures

ACA makes payment and fraud risk assessment service available

ACA Compliance Group (ACA) has announced the availability of its payment and fraud risk assessment (PFRA) offering, which is designed to help firms identify and remediate vulnerabilities within payment flows in order to reduce the risk of costly fraud issues. The service is overseen by the ACA Aponix division’s senior principal consultant, Kamlesh Harry.

Before joining ACA, Harry was an executive director at J.P.Morgan, where he led various teams across the firm’s technology, client support services, cybersecurity, and payment fraud functions for over 13 years. Among other contributions, he was instrumental in developing controls for the EMEA Wholesale Banking payment platforms and accelerated the Cyber Security Education and Awareness programme across the bank’s EMEA Corporate Investment Banking client base.

Harry is part of ACA’s team of consultants, which includes specialists in payment fraud, cybersecurity, and technology risk from various industries, including investment management, banking, and healthcare. ACA’s PFRA offering includes reviews of clients’ existing systems, controls, workflows, third-party relationships, and technology dependencies to identify potentially exploitable vulnerabilities.

“ACA Aponix strongly believes that a team built with extensive knowledge of payment fraud and other cyber risks will provide our clients with a unique, well-rounded approach to risk management,” said James Tedman, partner at ACA Aponix. “Kamlesh will be instrumental in developing our PFRA offering and serving as an invaluable resource to our clients in helping them assess and protect their firm against payment fraud.”

 

Like this item? Get our Weekly Update newsletter. Subscribe today


This item appears in the following sections:
Fraud Prevention
Minimizing Fraud Procedures
Minimizing Payment Fraud
News

Also see