The CFPB has issued repeated warnings that it will "continue to review furnisher compliance with FCRA requirements." Do your employees understand their FCRA/FACTA obligations?
2018 was expected to bring a slowdown in the volume of compliance changes. The Economic Growth, Regulatory Relief and Consumer Protection Act (EGRRCPA), which was advertised as reducing burden, will keep compliance personnel busy for months to come.
Errors are everywhere on Beneficial Ownership! This webinar will cover the Good, the Bad and the Ugly on beneficial ownership certification. You won’t want to miss seeing the errors your staff is making and how to fix them.
Join us to get into the “down and dirty” of investigations!
Regulation E requires that institutions perform an investigation if a consumer makes a claim of an error, such as unauthorized debit activity.
This program takes a deep, hard look at the risks and rewards, the practical challenges of truly avoiding banking MRBs, as well as the challenges of embracing them.
When the escrow rules were changed about seven years ago some banks wanted nothing to do with them and said they would stop offering certain products rather than manage escrow accounts.
Recorded on November 06, 2018
Common Issues and Errors with Living Trust Accounts
Living trusts have become a popular estate planning vehicle, but they can cause headaches in the operations area when customers don’t understand what they can and cannot do with their trusts.
Recorded on October 31, 2018
A Banker's Responsibility for Fair Credit Reporting Act Compliance
The Fair Credit Reporting Act (FCRA) has been around since the 1970s. The law was fairly straight forward for many years. The Fair and Accurate Credit Transaction Act (FACTA), which became law on December 4, 2003, revised the FCRA.
In April 2016 Mastercard reorganized all of its chargeback codes into four major categories, Authorization-related chargebacks, Cardholder dispute chargebacks, Fraud-related chargebacks and Point-of-Interaction errors.
VISA recategorized its chargeback reason codes in April 2018. These changes could impact your Reg E investigation processes as well as non-reg E related disputes.