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Fraud: How It Can Impact Your Business and How to Prevent It

February 9, 2023 by Mike

Fraud: How It Can Impact Your Business and How to Prevent ItMike
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Regions Business Radio” covers financial topics such as banking and lending, mortgages, wealth management and more. The program also allows listeners to get to know some of the top executives from Regions Bank.

Hosted by J.D. Mealor, Senior Vice President and North Georgia Market Executive, all episodes of “Regions Business Radio” are available for download on Apple iTunes, iHeartRadio, Spotify, Google Podcasts, or wherever you enjoy your favorite podcasts.

On this special episode, J.D. is joined by Jeff Taylor, Senior VP of Commercial Fraud Forensics & Payment Strategy at Regions; and Randy Wilborn, VP of Treasury Management & Senior Product Manager at Regions. The panel discusses the different types of banking fraud, what to look out for including preventive measures you can take, how it can impact your business, and what to do if your business becomes a victim of fraud.

Randy Wilborn/VP of Treasury Management & Senior Product Manager

In his current position, Randy serves as a product manager for the bank’s treasury management disbursements products, fraud prevention solutions, and payroll card services. With over 25 years of banking and financial services experience, he has held a variety of banking roles. Prior to his current position, he served as as product manager for ACH, EDI (Electronic Data Interchange), and Wire Transfer. Earlier in his career, he worked with BNY Mellon as a product manager for business banking solutions, and at BBVA Compass, he managed commercial retirement and investment accounts, as well as served as a market research analyst.

Jeff Taylor/Senior VP of Commercial Fraud Forensics & Payment Strategy

Jeff leads the bank’s efforts to evaluate, mitigate, and educate commercial clients regarding fraud and the development and execution of the bank’s commercial payments strategy. Prior to this role, he led the treasury management products and services team responsible for payables, receivables, and fraud solutions. Prior to joining Regions in 2014, he held positions in treasury management with SouthTrust and Wachovia, as well as gaining experience in sales and management in other industries.

About Regions:

Regions Financial Corporation (NYSE:RF), with $145 billion in assets, is a member of the S&P 500 Index and is one of the nation’s largest full-service providers of consumer and commercial banking, wealth management, and mortgage products and services. Regions serves customers across the South, Midwest, and Texas, and through its subsidiary, Regions Bank, operates approximately 1,400 banking offices and 2,000 ATMs. Regions Bank is an Equal Housing Lender and Member FDIC. Additional information about Regions and its full line of products and services can be found at www.regions.com.

Filed Under: Gwinnett Studio, Regions Business Radio Tagged with: bank fraud, fraud, j.d. mealor, jd mealor, jeff taylor, randy wilborn, regions bank, regions business radio

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