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.

*This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

About the Author:

Kelly Rozier

Kelly Rozier has extensive banking experience; specializing is Electronic Payments and fraud. Ms. Rozier advises both financial institutions and their service providers on payments audits, process improvement, and risk management. She provides expertise in ACH, Wire Transfer, Remote Deposit Capture (RDC), and other payment systems, including audits of third-party senders and service providers. She works closely with banking professionals, , risk managers, compliance officers, and operations teams in the context of payments compliance, process optimization, financial risk management, and regulatory education. Additionally, Kelly collaborates with the Simplify Risk–Secura membership program to deliver education and resources tailored to banks, fintech companies and credit unions Prior to joining Stout, Kelly was responsible for the payment’s governance including treasury services and oversight for an $18 billion in assets financial institution. Kelly has a significant amount of experience working on the financial institution side and working with all the major core providers on electronic payments needs based on external fraud threats, network and regulatory requirements. Kelly also has ten years of experience working directly with the BSA/AML and fraud areas specific to electronic payments fraud and incident response.

On-Demand Course