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Applying the Reg E Resolution Process to Today's Transactions

The increased ease of electronic transactions exposes consumers, and you as their financial institution, to elevated exposure to account compromise and card fraud. Additional fraud has led to increased error resolution claims. In each of the last several years, examiners have cited Reg E errors in their top five regulatory issues during compliance exams.

Upcoming
Wednesday, January 29th, 2025
1:30 pm - 3:30 pm
Presented by Dawn Kincaid
$299.00 or 1 Token

Includes: Live Access, 30 Days OnDemand Playback, Presenter Materials and Handouts

  • Compliance
  • Deposit Compliance
  • Fraud
  • Compliance Officer
  • Deposit Operations Manager/Specialist
  • Risk Manager
  • Training Manager
  • Trainer

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In this session, we will detail how to avoid Reg E violations cited by examiners. We will review the specific error resolution requirements of Reg E, discuss procedural best practices, and provide tips on documenting your investigation.

Among its provisions, Regulation E limits consumer liability for unauthorized transfers and promulgates procedures for the resolution of errors alleged by consumers, including unauthorized and fraudulent ACH and card transactions. We will detail how to review your error resolution process and how to mitigate risk for both the accountholder and your institution.

What You'll Learn

  • Review of Consumer Liability Under Reg E
  • Explanation of Error Resolution Timing Requirements
  • Description of Recordkeeping Requirements
  • Clarification of what Errors Trigger the EFT Error Resolution Process
  • Discussion of the Process to Follow When You’ve Wrapped up Your Investigation
  • Overview of Error Resolution Audit Procedures

Who Should Attend

This session is designed for operations staff, debit card personnel, and compliance officers.


Dawn Kincaid

Instructor Bio

Dawn Kincaid began her banking career while attending The Ohio State University. She has 19 years of experience in client service, operations, information technology, administrative and board relations, marketing, and compliance. Most recently Dawn served as the Senior Vice President of Operations for a central-Ohio-based community bank, where she created and refined policies and procedures, conducted self-audits and risk assessments, and organized the implementation of new products and services. Dawn has served in the roles of Compliance, BSA/AML, CRA, Privacy, and Security Officer. She has led training initiatives, prepared due diligence information, completed a variety of regulatory applications, coordinated internal and external audits, and exams, and presented for numerous state associations.