12:00 pm – 1:30 pm PT
1:00 pm – 2:30 pm MT
2:00 pm – 3:30 pm CT
3:00 pm – 4:30 pm ET
Are you selling prepaid cards? Although the card issuer has the primary compliance obligation, your institution still needs to understand prepaid card rules. New protections have been added to Regulation E making it applicable to government benefit accounts, payroll card accounts, and other prepaid products. In general, prepaid cards and their mobile electronic versions will receive the same protection from fraud and unauthorized charges under Regulation E as traditional debit and ATM cards. In addition, there are special rules regarding pre-acquisition disclosures, fee schedules, and periodic statements. This webinar will explain all of the new prepaid card changes effective April 1, 2018.
Continuing Education: Attendance verification for CE credits upon request
- Which of your accounts and cards are covered by this new rule?
- Pre-acquisition disclosures
- Periodic statement changes
- Changes in error resolution and limitations on liability
- Applicability of Regulation Z to hybrid prepaid credit cards
- TAKE-AWAY TOOLKIT
- CFPB’s Prepaid Rule Small Entity Compliance Guide
- Employee training log
- Quiz you can administer to measure staff learning and a separate answer key
DON'T MISS THIS RELATED WEBINAR!
|"Reg E Requirements for Debit Card Error Resolution: Processing, Disclosure & Investigation"
Thursday, June 21, 2018
WHO SHOULD ATTEND?
This informative session will be useful to all deposit personnel, tellers, service representatives, new accounts staff, account officers, managers, auditors, and compliance personnel.
NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your financial institution is prohibited. Print materials may be copied for eligible participants only.