Dormant Accounts | Bankers Online Debit Card and Online Banking Inactivity Fees 01 31 2016 Our Retail Division is getting very creative in coming up with fees that we have not charged in the past I understand that dormant inactivity fees are defined at the State level and are allowed on accounts advertised as "free "
Online Banking | Bankers Online Latest Compliance - Online Banking Topics Carte blanche to an Authorized Signer 11 24 2024 What are your thoughts on allowing customers to give an authorized signer access to their online banking and or approving them to have a debit card?
Risk Assessment Matrix - Bankers Online Background - A Bankers' Threads user asked if anyone would be willing to share a sample matrix in regards to security risk for privacy Some of these 17 documents are based on the OCC's Community Bank Supervision Handbook which has since been updated The Handbook has samples of matrixes and what to use to evaluate your risks Although it does not specify "privacy" as originally requested
Fiduciary | Bankers Online What is our risk? Merging Accounts on Online Banking 09 27 2015 We are discussing accounts you can merge on online banking (so that the agent can see the fiduciary account along with his her personal accounts with a single log-in) for example: 1 ) Rep Payee 2 ) Escrow Agents 3 ) Power of Attorney-Appointed Agents 4 )
UTMA Accounts and Online Banking | For Bankers. From Bankers I am curious as to how other banks handle UTMA accounts and online banking Should we be allowing the custodian on the UTMA to set up online banking and transfer funds from the UTMA account to their own account (the custodian) We currently have a customer who showed up on our Reg D list
Rep Payee and Online Banking | For Bankers. From Bankers I've tried to search for an answer to this question but I'm not coming across anything So, if this has been discussed before, I apologize I'm just wondering - should a SS Rep Payee be given the ability to transfer funds from the rep payee account to their personal account?Thanks in adv
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Risk Assessment - Digital Wallet - Bankers Online In general, a digital wallet is an application that links bank account, debit, and credit card information to a smartphone app to allow consumers to simply wave or tap their phone to complete a transaction Your risk assessment should be tailored to the "how" this technology is being implemented at your financial institution, and whether you are using third parties Align your risk assessment
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Reg E Zelle Disputes | For Bankers. From Bankers - Bankers Online Hi All, I am still new to Reg E (and compliance in general) and feeling things out I appreciate any input An issue that seems to occur frequently is that a client will get scammed phished etc by a fraudster to provide their Online Banking access credentials and to get past multi-facto