During the webinar you will review line-by-line the text fields and requirements to complete the SAR. There are fields for cybercrimes, notes to FinCEN and narrative instructions.
When your bank receives a claim that an ACH charge to a customer’s account was unauthorized, you have to respond correctly and your customer expects swift results.
Small business and small farm lending is important to Community Reinvestment Act (CRA) success regardless of bank asset size: small bank, intermediate small or large bank.
Paraphrased, here is what one circuit court said, “consumers are protected from a company’s deception, even if they never actually read its disclosures.” The world of compliance is different when you consider UDAAP whether with one or two “A’s”.
Have you ever been frustrated by the requirements for calculating and reporting risk-based capital ratios? If your answer is an emphatic "YES!", then you
Financial institutions that are not prepared for an internal embezzlement will make major mistakes. Fraud can be easy to find when only one person is involved.
All too often the person(s) conducting robbery training or handling the aftermath of a robbery have very little background in the area. A majority of the time they have never experienced a robbery or been involved with the aftermath.
Regulation E came back into the news in a big way in 2019 as the CFPB levied a $3.5 million civil money penalty and $12 million in restitution against an institution for incorrectly processing dispute claims.
Regulation E came back into the news in a big way in 2019 as the CFPB levied a $3.5 million civil money penalty and $12 million in restitution against an institution for incorrectly processing dispute claims.
You know what makes me mad? It’s when a customer makes a stupid choice to EFT money, then wants to make a claim so they can get that money back from the bank. When the bank has a claim for an unauthorized EFT, it costs the bank real money.
In today’s high-fraud environment, banks who have gaps in their wire transfer fraud program are set up for significant losses and compliance issues. Often these gaps go undetected until fraud occurs.
Regulation CC’s rules on check holds are certainly less complicated than they were ten years ago, but tellers continue to be confused about when holds can be placed and for how long.
This webinar will illuminate what, exactly, those regulatory priorities are, and will help your bank understand, implement, and comply with the CFPB priorities, rules, and federal regulations.