Bio:
Paul is a Partner in the law firm of Adams and Reese LLP. His primary focus is on Banking Law and legal issues dealing with payment system laws and regulations and bank operations issues. He is a frequent speaker at industry trade organization events, vendor user conferences and Webinars on banking and banking law issues. He serves a litigation consultant and expert witness in matters dealing with banking procedures. Before starting the practice of law, Paul was Executive Vice President and Managing Director of Carreker Corp., Dallas Texas. In this position, he had responsibility for the management of the P&L for the software business units. Prior to joining Carreker, Paul started a consulting firm and provided bank operations consultation to banks in the U.S., litigation support and expert testimony, and legal services to financial institutions.
Paul started his banking career at Deposit Guaranty National Bank in Jackson, MS where he worked for over twenty years. At the time of his departure, he was Senior Vice President and Manager of Operations, served as Chairman of the Board of Directors of the Southern Financial Exchange, he was a member of the Executive Committee and Board of Directors of the National Automated Clearing House Association (NACHA), a member of the Bank Administration Institute's Council for Educational Services and the Operations and Technology Commission and Chairman of the Operations and Automation Committee of the Mississippi Bankers Association. He is the author of five books including: Revised UCC Article 3 and 4, A Banker's Guide to Checks, Principles of Banking, and Remote Deposit Capture Practical Considerations.
Areas of Expertise:
Lending
Operations, Payment Processing
Questions Answered
09/29/2019
An IRS levy requires payment after 21 days.
- When the 21st day is on a non-business date, when should the funds be
sent?
- Are the 21 days calendar days?
I have found no information in the IRS codes addressing the details of 21
days.
12/26/2008
How do you recommend that a Remote Deposit Capture customer secure its scanner? Is the scanner itself a security risk?
12/17/2008
How long should a remote deposit capture customer keep the original checks?
12/08/2008
In mitigating the risk of an item being presented electronically, and as an original item, is check franking a plausible risk mitigation process? Such as having the scanner print on the back of the check: VOID THIS ITEM HAS BEEN SUBMITTED ELECTRONICALLY.