Electronic banking continues to evolve, and financial institutions must keep
pace with technology, regulatory requirements, and cybersecurity challenges.
Recent surveys indicate that 51% of US adults use an online banking
application. This fast-paced session will cover the required disclosures for
opening deposit accounts, E-SIGN compliance, BSA due diligence for CIP, and
best practices for opening deposit accounts online. Learn a six-step process
for consumer consent and common challenges with deposit account opening
- E-SIGN-related deposit regulations and specific
- Common questions regarding E-SIGN
- Six-step consumer
- Basic steps for E-SIGN implementation, including CIP, vendor
selection, and more
- FFIEC expectations for cybersecurity risk assessment
Susan Costonis, CRCM, Compliance Consulting & Training for FIs
Live and recorded webinar, handouts, quiz with answer key and training log are included.