Is Your Credit Union Keeping Pace with Technology?
by CUAD Staff
7/22/2019

As electronic banking continues to evolve, financial institutions must keep pace with technology, regulatory requirements, and cybersecurity challenges. Recent surveys indicate that 51% of US adults use an online banking application. This fast-paced session will cover the required disclosures for opening deposit accounts, E-SIGN compliance, BSA due diligence for CIP, and best practices for opening deposit accounts online. Learn a six-step process for consumer consent and common challenges with deposit account opening procedures. 

Highlights include:

  • E-SIGN-related deposit regulations and specific compliance provisions
  • Common questions regarding E-SIGN
  • Six-step consumer consent process
  • Basic steps for E-SIGN implementation, including CIP, vendor selection, and more
  • FFIEC expectations for cybersecurity risk assessment

This informative session will ensure e-banking compliance and is best suited for compliance officers, risk managers, operations managers, business development managers, and others responsible for managing online banking, E-SIGN compliance, e-statements, and e-disclosures.

Join Opening Accounts Online: Rules, Risks, and Best Practices on Tuesday, July 30 from 2:00 p.m. – 3:30 p.m. CT.

REGISTER HERE!

 

 

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