09/22/2024
I’m so confused! I keep hearing about the “SAFER Banking Act”. How is that different from the “SAFE Act” from several years ago? Is it being updated?
09/22/2024
A customer had a charge out of his account six months ago. That’s old and means he has unlimited liability so we don’t have to investigate it. Is that right?
09/01/2024
Is an email consent disclosure considered "written consent" for ChexSystems? I have a lender who would like to email the ChexSystems consent disclosure to account owners and use their reply to the email as proof of consent. Does this satisfy the requirement that the consent be in writing?
05/12/2024
Is an ATM Machine fraud a cybercrime?
05/05/2024
Do we file SARS on all marijuana-related business?
04/28/2024
If our customer deals in cash does that make him or her suspicious for BSA?
04/21/2024
Our regulators want us to file a SAR when a non-customer cashes a check at our institution and in the memo line it says something like “air conditioning repair”? How do we do this?
04/14/2024
If a beneficial owner or company applicant’s acceptable identification document does not include a photograph for religious reasons, will FinCEN accept the identification document without the photograph?
04/14/2024
Should we refuse accounts of businesses not registered for BOI today?
04/07/2024
What residential address should be reported if a reporting company is required to a report an individual’s residential address, but that individual does not have a permanent residential residence?