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The Legal Side of Remote Deposit Capture: Risks & Liability

Dec 07 2:00 PM - Dec 07, 2021 3:30 PM
Dec 07, 2021 2:00 PM - 3:30 PM
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Does the mention of RDC invoke thoughts of avoiding liability and risk? Maybe it should. Each party involved has specific responsibilities – and potential legal liability. Don’t let poor policies and procedures be your undoing. Expand your knowledge of RDC and learn how to implement the right policies and procedures to reduce your risk.

Learning Objectives

  • Distinguish the parties involved in the remote deposit capture (RDC) process and the responsibilities of each
  • Identify the risks and potential liability to your institution from remote deposit and mobile devices
  • Implement prudent policies and procedures to reduce the risk to your institution
  • Understand the agreements/disclosures that are legally required, and the additional agreements/disclosures that will provide added protection for your institution
  • Explain the differences between remote deposit capture, remotely created checks, and imaged cash letters

You already know how remote deposit capture works, but do you understand the associated risks? This webinar will explain the legal side of RDC, including the potential liability to your institution. It also will analyze the legal agreements you should be using and the disclosures you should be making regarding remote deposit capture. RDC technology is easy compared to the legal aspects involved. Join this webinar to get a handle on the risks, liability, and best practices.

Agenda

Speakers

Elizabeth Fast, JD & CPA, Spencer Fane LLP

Elizabeth Fast is a partner with Spencer Fane LLP where she specializes in the representation of financial institutions. Elizabeth is the head of the firm’s training division. She received her law degree from the University of Kansas and her undergraduate degree from Pittsburg State University. In addition, she has a Master of Business Administration degree and she is a Certified Public Accountant. Before joining Spencer Fane, she was General Counsel, Senior Vice President, and Corporate Secretary of a $9 billion bank with more than 130 branches, where she managed all legal, regulatory, and compliance functions. 

Location

Fees

$259.00 

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

Your registration includes unlimited locations (until further notice), making it easier to share and learn with remote staff during the coronavirus crisis. Training materials will be available to download the day of the event.

Additional Info

Event Type

Webinar

Topics Covered

  • Fraud, Security & Technology
  • Live Webinars
  • Compliance