Regulation E Error Resolution Common Risks and Violations
With trillions of dollars being passed electronically around the globe today via debt cards, prepaid cards and ACH payments, EFT error claims have been on the rise. Financial institutions need to keep Regulation E rules top of mind to avoid risking violations in the wake of intensified regulatory scrutiny of error-resolution processing.
Join this complimentary webcast to gain insight on all-things error resolution, including:
What is error as defined by Regulation E
Common mistakes made by financial institutions
Time limits for error resolution
Interview importance in the resolution process
What should be investigated and when during the resolution process
Ways to leverage the financial institution’s rights
Larger risk considerations, including UDAAP and the costs of resolving errors
Understand the basic concepts of Regulation E.
Identify common compliance violations.
Recognize the risks associated with the regulation.
Become familiar with error resolution requirements.