Answer:
The Thumbprint Signature Program has gained in popularity. A correctly operated program will not violate compliance or civil rights laws and regulations.
First published on BankersOnline.com 1/15/01
Privacy and Thumbprint Signature Programs
Answered by:
Question:
I'm interested in learning about banks who use the Thumbprint Signature Program as part of their account opening procedures. Are there any legal or discriminatory issues we need to be cautious about. I am presenting the Thumbprint Signature to our Senior Mgmt and I'm curious if any other financial institution is using the program as part of their new account procedures. We'd like to incorporate this and I'm trying to determine if we are in any violation of compliance or civil rights codes.
print
share