It's getting to the point where a credit union that wants to grow will have to provide more and more electronic services to its members. And in the rush to provide the latest and greatest electronic services, sometimes compliance risk gets overlooked or paid passing attention. Credit unions must understand that mobile banking, online banking, websites, ATM/debit cards, and other electronic services, carry great compliance risks - disclosures and agreements, federal regulations, state laws, security, fraud, UDAAP, identity theft, and more. In this session, we'll discuss major areas of compliance risk, potential liability and increased reputation risk, and regulations that must be addressed.
Who Should Attend
Anyone involved with credit union electronic banking or automated services will benefit from this webinar.