Solving the Credit Underwriting Problem for ACH, RDC and Beyond!
This complimentary webcast brought to you by:
Register Now!
Many financial institutions feel that the cursory annual credit review on customers is sufficient for ACH and Remote Deposit customers. But recent changes in regulations have placed an increased burden on financial institutions to monitor the credit of customers using ACH and Remote Capture that requires a more thorough approach. This can be an especially vexing issue in light of the fact that most operations staff associated with these services have no credit or underwriting background. Moreover, the issue of credit quality may go beyond the customers themselves; a significant problem from one key client of your customer could take them down and leave you with a loss.
How will financial institutions comply with the specific regulations while performing credit analysis that is comprehensive, cost-effective, and easy to use for staff not used to credit underwriting? And once a system is in place to address ACH and RDC, what other applications are there in the institution that also may benefit from its use? Join us for this informative webcast that will detail the specifics of the credit compliance burden and how new advancements in credit monitoring can specifically address the ACH and RDC compliance issue.
In this webcast, you will leaving knowing:
- Overview of the Payment Process
- Top 5 Examination Findings
- What are the Risks contained in ACH Payments
- How to quickly and easily monitor ACH Originators
- Why the annual credit review isn't sufficient in today's environment
- How to efficiently set defensible limits for ACH Originators
- How to prepare timely reports for your compliance needs
Solving the Credit Underwriting Problem for ACH, RDC and Beyond!
This complimentary webcast brought to you by:
Register Now!
Many financial institutions feel that the cursory annual credit review on customers is sufficient for ACH and Remote Deposit customers. But recent changes in regulations have placed an increased burden on financial institutions to monitor the credit of customers using ACH and Remote Capture that requires a more thorough approach. This can be an especially vexing issue in light of the fact that most operations staff associated with these services have no credit or underwriting background. Moreover, the issue of credit quality may go beyond the customers themselves; a significant problem from one key client of your customer could take them down and leave you with a loss.
How will financial institutions comply with the specific regulations while performing credit analysis that is comprehensive, cost-effective, and easy to use for staff not used to credit underwriting? And once a system is in place to address ACH and RDC, what other applications are there in the institution that also may benefit from its use? Join us for this informative webcast that will detail the specifics of the credit compliance burden and how new advancements in credit monitoring can specifically address the ACH and RDC compliance issue.
In this webcast, you will leaving knowing:
- Overview of the Payment Process
- Top 5 Examination Findings
- What are the Risks contained in ACH Payments
- How to quickly and easily monitor ACH Originators
- Why the annual credit review isn't sufficient in today's environment
- How to efficiently set defensible limits for ACH Originators
- How to prepare timely reports for your compliance needs