Most Popular Technology Content
Reg E - Stolen Debit Card
08/27/2007
We have a customer who gave out his debit card PIN to his caregiver so that the caregiver could make withdrawals on behalf of the customer (the customer was always present at the time of withdrawal). The customer's card was stolen and then used at an ATM for 2 unauthorized withdrawals. Are we obligated to return the funds to the customer? Does Reg E protect the customer even though he gave out his PIN?
Debit Card Transaction Time Limit
08/27/2007
How long after a debit card transaction does a merchant have to send it through? Is there a time limit at which it will no longer be valid?
Selling in a Crowded Market
08/20/2007
As more financial institutions enter the market, what is the best approach to prospecting and selling Remote Deposit Capture to your customers?
ACH Debit Card Compliance
08/20/2007
Can you provide insight into what regulatory impact, if any, is associated with ACH debit cards? For example, does this product fall under Reg E compliance?
Representative Payee Debit Card
08/20/2007
I received a debit card application from a representative payee for an account owner. I think we can issue one, what are the risks involved?