Fraud Channels: Check & Debit Card

On-Demand Webinar
StreamedSep 12, 2022Duration90 minutes
  • Unlimited & shareable access starting two business days after live stream
  • Available on desktop, mobile & tablet devices 24/7
  • Take-away toolkit
  • Ability to download webinar video
  • Presenter's contact info for questions
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Check and debit card fraud can manifest in multiple and creative ways.

When fraud occurs, what can be required of the consumer?  Who is liable?  Do you understand the related UCC and Reg E rules and know which is which in which situation?  Learn how to stay in compliance and also protect your institution from loss.
  • Distinguish which party is liable for all types of check and debit card fraud
  • Calculate your institution’s liability under the UCC for check fraud
  • Determine your institution’s liability under Reg E depending on whether a debit card or other access device was used
  • Explain what constitutes an unauthorized debit card transaction under Reg E
  • Understand what your institution can and can’t require of an accountholder when investigating check and debit card fraud


Check fraud and debit card fraud have increased tremendously and with staggering losses to financial institutions.  Your institution’s liability will vary depending on the type of transaction, how the fraud occurred, and whether it was a consumer or business account.  Was it a forged maker’s signature, a forged endorsement, a counterfeit check, an altered check, an electronically converted check, a fraudulent debit card transaction, a counterfeit debit card, or a card-not-present transaction?  The numerous rules under the Uniform Commercial Code and Regulation E are mindboggling.  How do you determine which rule applies in your situation?  This webinar will explain which law applies in each type of situation involving check fraud and debit card fraud.  This webinar will also explain your institution’s liability in these situations and what it can do to protect itself from liability.


This informative session will be useful to deposit operations personnel and managers, tellers, compliance staff, new accounts personnel, security officers, fraud investigators, attorneys, and auditors.


  • Summary of the law in each type of fraud situation and which party is liable
  • Easy-to-follow matrix to determine the dollar amount of your institution’s liability for debit card fraud
  • Employee training log
  • Interactive quiz
  • PDF of slides and speaker’s contact info for follow-up questions
  • Attendance certificate provided to self-report CE credits

NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your institution is prohibited. Print materials may be copied for eligible participants only.


"Speaker was well versed and provided documentation on this subject."
- Linda, Ledyard National Bank

Presented By

Elizabeth Fast, JD & CPAElizabeth Fast
Spencer Fane LLP