Preparing for the Impact of New Prepaid Card Rules Under Regulation E

Oct 31, 2017 03:00pm -
Oct 31, 2017 04:30pm
(GMT-5)

Event Description

Are you ready for the April 1, 2018, effective date?  In October 2016, the CFPB issued its final rule creating new consumer protections for prepaid accounts and cards.  This rule was initially scheduled to become effective on October 1, 2017, but the CFPB extended the effective date to April 1, 2018.  

New comprehensive protections have been added to Regulation E, making it applicable to government benefit accounts, payroll card accounts, and other types of prepaid products.  In general, prepaid cards and their mobile, electronic versions will receive the same protection from fraud and unauthorized charges under Regulation E as traditional debit and ATM cards.  In addition, there are special rules regarding pre-acquisition disclosures, fee schedules, and periodic statements for prepaid cards.  This webinar will explain the new changes that become effective April 1, 2018.  

Highlights:

  • Which accounts and cards are covered under the new rule?
  • Pre-acquisition disclosures
  • Changes required for periodic statements
  • Changes in error resolution and limitations on liability
  • Applicability of Regulation Z to hybrid prepaid credit cards

Take-Away Toolkit:

  • CFPB’s Prepaid Rule Small Entity Compliance Guide (January 31, 2017)
  • Employee training log
  • Quiz you can administer to measure staff learning and a separate answer key

 

Attendance verification for CE credits provided upon request.

Who Should Attend?

This informative session will be useful to all deposit personnel, tellers, service representatives, new accounts personnel, new product staff, account officers, managers, auditors, and compliance staff.

REGISTRATION OPTIONS

If you are having issues with registering online, please contact CBAO's Education & Training Coordinator, Lianne Simeone, (614) 610-1877.


Event Type:Webinar &/or On-Demand Link/CD
Early registration ends on Sep 25, 2017.
Regular registration starts on Sep 26, 2017 and ends on Oct 31, 2017.
Late registration starts on Nov 01, 2017.
(GMT-05:00) Eastern Time (US & Canada)

 

Registration Fees
Fee TypeEarlyRegularLate
 Live Webinar
Member Fee: $265.00$265.00$290.00
Non-Member Fee: $400.00$400.00$425.00
 Additional Hookups
Member Fee: $175.00$175.00$175.00
Non-Member Fee: $260.00$260.00$260.00
 Recorded Webinar + Free Digital Download
Member Fee: $345.00$345.00$345.00
Non-Member Fee: $490.00$490.00$490.00
 Both Live Webinar and Recorded Webinar + Free Digital Download
Member Fee: $395.00$395.00$420.00
Non-Member Fee: $600.00$600.00$625.00