Most Popular Compliance Content
Recognizing recurring and non-recurring debit card
08/11/2024
Can a merchant force a debit card transaction by claiming that the transaction is a recurring transaction event though it's not? For example, the customer opted out of overdraft service for ATM and one-time POS debit card transactions, but a merchant forced the transaction by claiming it's recurring.
Enterprise-wide involvement in AI implementation
08/04/2024
What areas need to be involved in AI adoption?
Special handling for National Security Letters
08/04/2024
Who should handle any National Security Letters that our bank might receive?
Compliance's role in AI implementation
08/04/2024
If the bank is looking at implementing AI and you say we need to coordinate enterprise wide, should Compliance head that up?
Identifying "protected funds" in a joint account
07/28/2024
When we receive a garnishment order identifying a judgment debtor who has a joint account at our credit union, and there are federal benefits that have been direct deposited for both of the joint owners of the account, which of those direct deposits do we treat as “protected funds”?