Mobile remote deposit capture (mRDC) is one of the fastest growing products offered by financial institutions and is a way to remain competitive in the marketplace – regardless of size. This session will cover compliance questions and issues faced when deploying this service to accountholders. Gain an understanding of regulatory guidance and compliance standards to ensure a strong foundation for your mRDC program. Whether you have an existing program or are considering this important, competitive service option, this session will teach you about the complexities and risks of mRDC.
- FFIEC’s mRDC guidance
- Basic legal framework of check and image exchange – understanding the background of how to handle challenges like duplicate images
- Handling image exceptions and avoiding loss
- Requisite compliance knowledge
- Risk mitigation tactics
- Recent regulatory changes that impact mRDC
- 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 for check operations staff, retail service staff, and mRDC product managers.
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.