The Sleepers: Safe Deposit Boxes, Mobile Banking, Prepaid Cards and RDC (2024-03-28)
SDBs, RDC, mobile banking and prepaid cards may not seem like the flashy areas of banking, but don’t let these regulatory “sleepers” fool you. W202411210A
$295 for Webinar and Playback*
*Playback has no expiration
Thursday, March 28, 2024
2:00 – 3:00 pm (Eastern Time)
1:00 – 2:00 pm (Central Time)
12:00 – 1:00 pm (Mountain Time)
11:00 – 12:00 pm (Pacific Time)
Sleeper: “In football, a player who usually isn’t well known that goes on to have a breakout season”
SDBs, RDC, mobile banking and prepaid cards may not seem like the flashy areas of banking, but don’t let these regulatory “sleepers” fool you. Examiners have cited findings for lack of sufficient policies and procedures and inadequate controls. Quite simply…these are areas that we tend to “set and forget” and its reflected in our examination reports.
Are you properly monitoring for suspicious activity in your SDB area? What happens if a SDB lessee passes away? Are your mobile deposits adhering to Reg CC guidelines? Is someone reviewing your RDC deposits for proper endorsements? Are you providing appropriate disclosures with your prepaid cards? If you hesitated in answering any of these questions, then this compliance webinar is for you!
1.5 CPE Credits