Most Popular Compliance Content
Chipped Cards=Less Fraud
06/20/2021
Do you have any recommendations on investigating dispute claims where a chip card is used? Our processor says we have no chargeback rights and can't do anything when a chip reader has been used. Customers still claim the transactions are not theirs and we are stuck with no other option but to pay the claim.
Where to Send Counterfeit Currency
06/20/2021
Is a bank required to send in counterfeit currency to the Secret Service or report and turn it into the local police department?
Exam Prep for Risk Based Exams
06/20/2021
We are a small, low risk financial institutions. Will I need to do anything different to prep for my next BSA exam?
Privacy among applicants
06/20/2021
If credit is denied because of issues related to only one applicant, for example a charge-off, can we disclose that reason to both applicants, and do both applicants get an Adverse Action Notice?
FAQs -No new info, but needed info
06/20/2021
Are there new interpretations in the Compliance Aid FAQs?