Remote Authentication Landscape and Fraud - Online Account Opening Update

Fed Issues 3 Briefs on Remote Authentication!

During this program we will cover the online account opening compliance and fraud issues. We will look at the Fed's research and thoughts on remote authentication. Our program will discuss the action steps required on your internet website to comply with new account opening procedures on all types of deposit accounts.

The "Remote Authorization Landscape and Fraud - Online Account Opening Update" has been approved for 2 CAMS credits. Credits are redeemable for Live attendance only. Users must connect to the streaming individually and enter their name and email for reporting purposes. Accreditation is valid for one year from the date of the event. 

What You Will Learn

  • Customer Identification Program
  • New Customer Due Diligence Rules
  • IRS withholding rules and W-9 and W-8BEN issues
  • Documentary and nondocumentary procedures
  • New Customer Due Diligence Rules
  • Esign
  • Special accounts like IRAs and HSAs
  • Disclosures, state laws and signature card issues
  • Ownership of funds

Who Should Attend?

Deposit Operations, Branch Administration, Training, Operations, Compliance and BSA Officers.