Most Popular Technology Content
Electronic Account Notification
04/12/2010
Can an electronic account notification, such as an "NSF" notice, substitute a paper one and be sent to customers via email or online banking under either Reg DD or Reg E?
Opt-In for ATM/Debit Card Holders Only
04/12/2010
I would like to know if we can solicit the opt-in forms from ATM/Debit card holders only. If they don't carry a card, they would never have an ATM/POS transaction approved. We would establish a plan to get opt-in forms for future ATM/debit card holders when they sign the card application. I am aware that the opt-in form would have to be a totally separate form, with disclosure and signature.
ATM Switch Routing - Explanation Needed
04/05/2010
Please explain (preferably in simple terms) what the switch means in reference to the routing of ATM transactions.
ATM Card Loaned to a Family Member
04/05/2010
I know that if a customer loses his ATM card and has the PIN written on it we can’t hold that against him, but can we deny a claim if he loans the card to a family member for a one-time transaction and the family member goes overboard with multiple unauthorized transactions?
New NACHA Stop Pay Rule & Reg E
04/05/2010
Will the new NACHA stop payment rule have any effect on Reg E?