Most Popular Compliance Content
Business debit card disputes
10/15/2023
Since Reg E does not apply to businesses, do we have to investigate a fraudulent business debit card transaction?
Images of Driver’s Licenses for beneficial owners?
10/15/2023
Will beneficial owners of a reporting company have to image their license?
Debit Card Dispute Documentation
10/08/2023
Can we require a copy of a customer’s receipt if they are disputing the amount of a charge?
Is a lawyer a beneficial owner?
10/08/2023
Does a lawyer exercise substantial control and therefor a beneficial owner?
Mobile deposit chargeback and indemnity
10/08/2023
My back accepted a mobile-deposited check that was returned by the paying bank as “previously paid.” Our depositor has apparently left town – his account with us is closed. The paying bank told us the check had been mobile deposited at a local credit union two days before it was deposited with us. Do we have any claim against that credit union to recover our loss?