Regulation E - Manage the Risk and the Rewards

ATTUS presents “Regulation E Electronic Payments: Manage the Compliance Risk, Maintain the Rewards” by Lori Moore, Director of Compliance.

With at least two-thirds of all U.S. payments being made electronically and that rate increasing every year, financial institutions face a rising number of claims involving electronic funds transfers (EFTs). This rise is compounded by the inability of their manual Reg E processes to handle such high volume. In this White Paper, ATTUS clears up the many misconceptions of Reg E and provides recommendations for mitigating the risks in your process.

• Do your employees understand the strict timing requirements of Section 205.11(C) of Reg E, which makes up the majority of violations?
• Do your employees properly apply the timing requirements?
• Is your institution providing the proper disclosure notices within the mandated time frames to customers throughout the investigation process?
• Do your employees understand what constitutes an adequate notice of a claim?
• What is the best solution for your institution? An automated Reg E process or a manual one?

ATTUS is here to advise you and offer compliance solutions. Please login or register to download this White Paper to learn more about your Reg E compliance accountability.