When setting up businesses for online banking, ACH, and remote deposit capture, does the bank maintain control over users of the business or do they set up an administrator for the business for them to maintain?
What information should be presented in a board report on a branch robbery?
We recently had a business customer deposit checks at our office. This business also has an account at another bank with remote capture. We received several checks that are already being deposited by remote capture from this business. What are the legal steps to take with this customer? Freeze account? SAR? Charges?
What is your opinion on the risks associated with allowing consumers (individuals or non-businesses) to use remote deposit capture services?
We have been offering remote deposit capture for nearly two years. The FFIEC guidance issued in January, 2009 says institutions should do a risk assessment first. We didn't. Is it too late?
I was asked to identify improvements to our credit risk assessment process. The more I researched, the more overwhelming the task became. Analysts want me to dive into every minute detail of stress testing and spreading while the executives want me to focus on how to maintain healthy margins and credit quality. Where is the best place to start?
How do you recommend that a Remote Deposit Capture customer secure its scanner? Is the scanner itself a security risk?
How long should a remote deposit capture customer keep the original checks?
How quickly do we need to give customers access to funds represented by remote deposit capture items. In other words, does Reg CC apply to consumer remote deposit capture items?
We are trying to assess the risk posed by offering remote deposit capture. Can you point us to any regulatory issuances that might be helpful? What is the associated risk with offering remote deposit capture in a US Territory…for instance the US Virgin Islands?