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RDC Summit 2012
February 04, 2012

RDC Risk Management & FFIEC Compliance


May 2010 Update

This webinar is sponsored by:


fiserv & fis

Summary:


As Remote Deposit Capture (RDC) technologies continue to evolve, so too must your organization’s approach to RDC Risk Management. Since their initial publication (Jan. ’09) on RDC Risk Management, the FFIEC has now officially updated various aspects of their examiner manuals and guidance twice – once in February 2010 and again at the end of April 2010.

Sponsored by two of the very top industry-leading RDC solution providers, FISERV and FIS, please join John Leekley and Ed McLaughlin as they discuss this next-generation of RDC Risk Management & FFIEC Compliance.


Expert Panelists:


  • John Leekley, Founder & CEO, RemoteDepositCapture.com
  • Ed McLaughlin, Executive Director, RemoteDepositCapture.com


Both John and Ed were directly involved in the formulation of the FFIEC Guidance on Remote Deposit Capture, and have trained over 1,200 Examiners.

Webinar Viewing Information:


  • Cost: FREE – This webinar is made freely available by FISERV & FIS.
  • Recording Platform: Webex
  • Length: 1 hour, 18 minutes. Available “On-Demand”. – If you cannot afford this block of time, view part now, then come back and view the rest later.
  • 28 Slides in the presentation, Plus 13 additional slides available in the downloadable pdf.


Description:


With the vast majority of all Financial Institutions employing and deploying many different types of Remote Deposit Capture, the effective risk management of this new and evolving payments delivery system must be a priority. The FFIEC issued their original guidance an RDC Risk Management at the beginning of 2009, and has since updated their examiner manuals twice, most recently on April 29, 2010.

As RDC technologies continue to evolve and deployments become more prevalent, approaches to RDC Risk Management must also evolve. Sponsored by two of the very top industry-leading RDC solution providers, FISERV and FIS, please join John Leekley and Ed McLaughlin as they discuss this next-generation of RDC Risk Management & FFIEC Compliance.


Discussion Overview:


  • FFIEC Update
      - Examiner Handbook (February 2010)
      - BSA / AML (April 29, 2010)
  • Confusion & Clarification
      - Site Visits: Required or not?
      - KYC: What does this mean?
      - Pricing, Underwriting & Reserves – are they really necessary?
  • Fact vs. Fiction: What are the Real Risks?
  • Discussion of Actual Fraud
  • Risk Mitigation
  • RDC Risk Management Best Practices
  • RDC Risk Management Evolution

Select Slide Previews:


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Slide Titles:


  1. RDC Risk Management & FFIEC Compliance – May 2010 Update
  2. This Webinar is brought to you by FISERV & FIS
  3. Discussion Objectives
  4. Regulatory Guidance Overview
  5. Three Pillars of the FFIEC Guidance
  6. RDC is a Delivery System
  7. Risk Environment Identification
  8. Which Resources are Required?
  9. Internal Risk Assessment
  10. Know your Customer
  11. System Capabilities & Integration
  12. Risk Management – Duplicate Detection
  13. Risk Parameter Settings
  14. Validation Rules & Work Types
  15. Risk Management Process
  16. Oversight & Monitoring
  17. Vendor Management
  18. Physical & Logical Access
  19. Separation of Duties
  20. BSA / AML & OFAC
  21. Systemic & Targeted Risk Management
  22. Education & Training
  23. Business Continuity Planning
  24. Prevalent RDC Losses
  25. Testing Risk Management
  26. Recourse is Essential
  27. Optimal Risk Management
  28. This Webinar is brought to you by FISERV & FIS