RDC Rules and Regulations: Compliance Review and Checklist

On Demand Course

Instructor: Kelly Rozier

Duration: 1 HR

What You'll Learn

Remote Deposit Capture, aka RDC, just like other payment collection systems have guidance, laws and rules that are required for a financial institution to mitigate the risks and ensure compliance with its RDC Program. This payments webinar will cover FFIEC Guidance on remote deposit capture which includes all types of remote capture (i.e. merchant, mobile, ATM etc.)

This RDC compliance training will take attendees through a comprehensive review of the rules and regulations that directly impact Remote Deposit Capture, including :

FFIEC Guidance on Remote Deposit Capture
Changes in Regulation CC and the impact to RDC
Federal Reserve Bank laws
Electronic Check Clearing House Organization (ECCHO) rules
Check 21 rules
Uniform Commercial Code,
Agreements between you and your customers (commercial and consumers)
Regulation J, and
Regulation E for consumer entries that are converted to ACH.

BONUS MATERIAL: This RDC webinar includes a quick reference document to understand which laws, regulations and rules govern what aspect of Remote Deposit Capture.

About the Author:

Kelly Rozier

Kelly Rozier is an Associate in the Commercial Litigation & Forensic Services group at Stout. She has 14 years of banking experience; specializing is Electronic Payments, Prior to joining Stout, Kelly was responsible for the payments governance and oversight for an 18 billion in assets financial institution. Kelly actively participated as a direct member of the National ACH Association’s Accredited Payments Risk Professional (APRP) that establishes the APRP test.