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Join RemoteDepositCapture.com and ECCHO for an engaging Presentation
Presented by ECCHO at the RDC Summit 2015
November 4, 2015
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- Cost: FREE – This presentation is made freely available by RemoteDepositCapture.com and ECCHO
- Length: 34 minutes
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Description:
PLEASE NOTE: THIS IS NOT A WEBINAR.
This presentation includes a PDF of a PowerPoint slide deck and a link to the "Living PowerPoint" recorded and provided by ECCHO.
With the explosive implementation of RDC, all financial institutions are interested in decreasing the number of duplicates while efficiently handling those duplicates that do occur. The handling of duplicates is dependent on legal considerations including the warranty against duplicate presentment. The challenge is how to do so in today’s image exchange environment.
The Federal Reserve in its recent proposal on Regulation CC also recognized the potential need for regulatory support to resolve duplicates. Being able to prevent the duplicate item at the source or detect the duplicate prior to posting is key to minimizing customer impact and financial institution risk.
This unique session includes a revival of the “Living PowerPoint” featuring your favorite characters (Sammy, Check 1 and others) as our “Radically Duplicate Check (RDC)” actors. If you think you understand how to handle duplicates, this live presentation will reinforce everything you think you know and everything you don’t know. New “acts” include a lively debate between two (crazy) checks as to whether to return or adjust the duplicate. Not only will this session be educational, it will be totally entertaining as duplicate claims come to life.
Questions to be answered include:
- What are the most common sources of duplicates?
- What are the legal requirements for duplicates?
- What is a holder in due course claim?
- What are effective duplicate prevention and detection controls?
- What did the Fed propose in its Reg CC RFC regarding duplicates and how likely is it to be implemented?
- What are the latest industry approaches to dealing with duplicates, as documented in ECCHO’s recent suggestion paper?
Expert Panelists:
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- Ellen Heffner, NCP, Director, Product Management, ECCHO
- Phyllis Meyerson, AAP, CCM, Consultant, Company Financial Services
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Viewing Information:
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- Cost: FREE – This presentation is made freely available by RemoteDepositCapture.com and ECCHO
- Length: 34 minutes
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Additional Information and Resources:
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