Major HMDA Changes are just a year away! There will be new Demographic Information collection forms, and you’ll be reporting different data in a different format, to a different agency, using a different method. Are you ready?
The CFPB’s new Prepaid Accounts Rule will be effective October 1, 2017. It provides significant new protections for consumers, and that means there are significant changes for banks that issue prepaid cards or hold prepaid accounts.
Does your frontline understand the legal and regulatory issues when opening an account? Your signature card and deposit account agreement include complicated check handling, ownership, rights at death and regulatory provisions.
In response to the need for faster electronic payments and settlement, NACHA developed Same-Day ACH. Same-Day ACH is rolling out over the course of three years. Phase I is already in effect with the higher risk Phase II just around the corner.
This webinar, the first in a three-part series, teaches you about ACH fundamentals, including transaction flows, network participants, managing risk of third parties, standard entry class codes, and common ACH violations.
When your customer passes away, there are issues that must be addressed. Family members left behind often need to act without knowing what they can and cannot do with the decedent’s account or with checks payable to the deceased. They need guidance.
This webinar, the third in a three-part series, teaches attendees about more crucial matters in the life of an ACH transaction. The focus of this webinar will be pre-notifications, returns and reversals.