Most Popular Technology Content
Amending Our Reg E Notices & Disclosures
08/06/2007
With the small dollar receipt exception amendment to Reg E effective 8/6/07, do we need to amend the terminal transfer paragraph in the initial Reg E disclosure and provide a change in terms notice to our existing customers? I know the final rule did not provide any new model text, but I saw an article on Compliance Headquarters that raises this question.
Reg E - Pending Item
08/06/2007
With regard to Reg E, if an item is pending but not posted to the account, when does the clock start for extending provisional credit and working the case? Does an item need to be hard posted in order to dispute?
Reg E. Problems
07/30/2007
We have a customer that has filed several disputes along with a police report stating his card was stolen. After we provided him with provisional credit, his story changed with both us and the police. We know the disputes will be denied. Does the bank have any right to hold the provisional credit because of him falsifying statements?
Mitigating Fraud in Online Banking
07/30/2007
How can our organization mitigate fraud when opening and funding online accounts?
Reg E - Direct Deposit of Bank Employee Payroll
07/30/2007
In what section of Reg E does it state that it is a violation for a bank to mandate a certain bank or their own bank to be used for employee payroll direct deposit?