Opening Accounts Online: Rules, Risks & Best Practices
- 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
Electronic banking continues to evolve, and financial institutions must keep pace with technology, regulatory requirements, and cybersecurity challenges. Recent surveys indicate that 51% of US adults use an online banking application. This fast-paced session will cover the required disclosures for opening deposit accounts, E-SIGN compliance, BSA due diligence for CIP, and best practices for opening deposit accounts online. Learn a six-step process for consumer consent and common challenges with deposit account opening procedures.
Attendance certificate provided to self-report CE credits.
HIGHLIGHTS
- E-SIGN-related deposit regulations and specific compliance provisions
- Common questions regarding E-SIGN
- Six-step consumer consent process
- Basic steps for E-SIGN implementation, including CIP, vendor selection, and more
- FFIEC expectations for cybersecurity risk assessment
- TAKE-AWAY TOOLKIT
- Exam procedures and online banking resources
- E-SIGN checklist and answers to common questions
- Social media policy template
- Employee training log
- NEW – Interactive quiz
WHO SHOULD ATTEND?
This informative session will ensure e-banking compliance and is best suited for compliance officers, risk managers, operations managers, business development managers, and others responsible for managing online banking, E-SIGN compliance, e-statements, and e-disclosures.
Presented By
