Education & Events

Get connected & sponsor a League event
Wisconsin's Credit Unions Unite for Good
Wisconsin Credit Union Foundation

How to Handle Unauthorized Electronic Fund Transfers Under Reg E

This webinar will explain how to determine if Reg E applies in each situation and how to handle unauthorized electronic fund transfers under Reg E. It will also explain those situations when the NACHA, UCC, or Visa/MC rules apply to the unauthorized electronic fund transfer.

Aug 20, 2019 02:00 PM   -­­  Aug 20, 2019 03:30 PM
CT
Location


,


For More Information


p: 

c: 

Type of Event
Webinar

Who Should Attend
  • Finance
  • Webinars
  • Member Services
  • Compliance

Register

Description

Given the rapid changes in the types of electronic payments and devices, there is often confusion regarding whether Reg E applies or whether NACHA, UCC, or Visa/MC rules apply. For example, does Reg E apply to remote deposit capture or to electronic check presentment? What if the transaction started as a paper check but was converted to an ACH debit? What if your institution has adopted a “zero liability” program under the Visa/MC rules? If the ATM/debit card had an EMV chip, can the liability for the loss be shifted to the merchant or ATM operator? This webinar will explain how to determine if Reg E applies in each situation and how to handle unauthorized electronic fund transfers under Reg E. It will also explain those situations when the NACHA, UCC, or Visa/MC rules apply to the unauthorized electronic fund transfer.

Learning Objectives

  • What types of transactions does Reg E cover?
  • Your institution’s responsibilities under Reg E
  • How to determine which rules apply: Reg E, NACHA, Visa/MC, or UCC
  • The “dead zone” between the NACHA and Reg E rules
  • Risk of not using EMV chip-enabled equipment

Speaker

Elizabeth Fast, JD, CPA, Spencer Fane LLP

Investment

$259.00

Live and recorded webinar, handouts, quiz with answer key and training log are included.