Most Popular Compliance Content
Unauthorized Authorized Debits
09/29/2024
If a customer authorizes someone to use their card and gives them the PIN for a specific transaction, and that someone uses the card for additional transactions that were not authorized by the customer, is their any negligence by the customer for giving the card and PIN for the first authorized transaction? What are the requirements according to Reg E ?
Risk rating coffee shops as business customers
09/29/2024
Do coffee shops fall under the restaurant category, making them high risk according to FinCEN?
Data privacy & Section 1071
09/29/2024
What does Section 1071 of the Dodd-Frank Act cover from a data privacy standpoint?
Batch processing vs. transaction level processing for deposits automation
09/22/2024
Why are financial institutions moving away from batch processing?
HSAs and Balance Transfers
09/15/2024
Are banks held accountable when customers transfer money from HSA accounts to personal accounts or LLC accounts?