Most Popular Operations Content
Document management and collateral perfection
03/24/2024
How is collateral perfection impacted by a financial institution’s document management practices?
Check washing fraudulent activity
03/24/2024
What does “check washing” mean?
Written statements and unauthorized ACH debits
03/24/2024
When can we require a customer to provide a WSUD?
ACH return deadlines
03/17/2024
How long do we have to return an unauthorized ACH debit entry?
Due diligence cannot rely on vendor reputation
03/17/2024
Do we really need to conduct due diligence on all of our 3rd party vendors, including fintechs? I can understand the ones that appear to be riskier, but there are some that are very well-known in the industry and are very well respected. Wouldn’t the regulators just see the same thing in our file as they did the last bank they just left?