The Federal Reserve finally released their proposed updates to Regulation CC. There are new indemnities going into effect July 1, 2018, that will significantly impact remote deposit capture (RDC) programs, including compliance and risk management. In addition, there are potential changes to ACH products from this regulatory update. This session will detail those updates and how they will affect the products your financial institution offers. Learn how to maintain compliance with Reg CC and protect your financial institution and accountholders from potential losses.
- Regulation changes
- New timeframes and deadlines that affect check operations
- Impact on RDC programs
- What RDC accountholders should do to protect themselves and your financial institution
- Potential effect on ACH products
- TAKE-AWAY TOOLKIT
- Sample RDC risk management policy
- Employee training log
- Quiz you can administer to measure staff learning and a separate answer key
WHO SHOULD ATTEND?
This informative session is designed for check operations staff, retail service staff, and managers of RDC products, whether existing or planned.
SPEAKER: Michele L. Barlow, PAR/WACHA
Michele Barlow is the Vice President at PAR/WACHA (The Premier Payments Resource), headquartered in Wisconsin. Before joining the WACHA team in 2009, Michele spent several years as a corporate trainer in the financial industry. She is responsible for development and execution of association training and certification programs, conference planning, and member service. Michele is a member of NACHA’s Blue Ribbon Panel, the APRP Oversight Panel, and the Payments Institute Board of Regents. She is active on other national committees, and a frequent speaker at industry events. She obtained her AAP certification in 2010, her NCP in 2011, and became an NCP Certified Trainer in 2012. Michele holds a Bachelor’s from the University of Wisconsin.