Uncover how modern payment systems are being exploited by traditional fraud tactics and learn essential strategies to protect your organization from evolving financial crimes.
As payment systems become faster and more seamless, the risks embedded within them become easier to overlook. “The Cost of Convenience Series: Payment Fraud: Old Methods, New Rails” explores how modern financial infrastructure has transformed the way money moves—and how fraud has evolved alongside it.
In this course, Ashley Karr breaks down how digital wallets, peer-to-peer apps, ACH transfers, cards, wire systems, and instant payment rails are exploited by fraudsters who rely not on technical complexity, but on human behavior. Speed, urgency, trust, and familiarity are increasingly used as tools of manipulation, turning everyday transactions into opportunities for financial loss.
Participants will gain a clear understanding of how different payment systems operate, why certain transactions are harder to reverse than others, and how fraud strategies exploit both traditional banking rails and emerging fintech platforms. The session focuses on practical awareness—helping attendees recognize risk patterns and strengthen payment decision-making in real-world settings.
Key Topics Discussed:
Human Factors Engineer, Fraud Prevention and Cybersecurity Strategist
Ashley Karr is a human factors engineer and product design strategist with nearly two decades of experience working at the intersection of human behavior, complex systems, and applied technology design. Her work focuses on how people interact with modern digital environments where convenience, speed, distraction, and cognitive overload often shape decisions as much as intent or awareness. She has worked across finance, enterprise technology, cybersecurity-adjacent systems, identity protection, and large-scale digital product environments, including roles with organizations such as Apple, JPMorgan Chase, Oracle, and T-Mobile for Business. Her work examines how modern fraud operates in practice, not only through technical means but through predictable patterns of human behavior under pressure, trust, and limited attention. She focuses on how manipulation is engineered and scaled within connected systems, why traditional fraud prevention approaches often fail, and where system design unintentionally increases exposure. Her areas of focus include fraud prevention, digital safety, identity protection, human factors engineering, cybersecurity awareness, scam reduction, and operational resilience in complex digital environments.
Provincial regulators of CPAs in Canada do not require that independent providers of CPD be approved to offer courses. Instead, individual CPAs are responsible for assessing whether a CPD activity meets their requirements, and may take activities from any source provided those requirements are met.
Every course offered on LearnFormula is delivered by a qualified subject matter expert or learning organization, and advances learning objectives that are relevant to the responsibilities or professional competencies of Canadian CPAs. All activities on LearnFormula are quantifiable in terms of hours, and are also verifiable, in that users receive documented evidence of their attendance via a certificate of completion after finishing a course (and this certificate is stored by LearnFormula indefinitely). Nearly 100,000 Canadian CPAs successfully satisfy their CPD requirements via LearnFormula on an annual basis.
