Is Your Credit Union Keeping Pace with Technology?
by CUAD Staff

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.




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