Are you selling prepaid cards? Although the card issuer has the primary compliance obligation, your institution still needs to understand prepaid card rules. New protections have been added to Regulation E making it applicable to government benefit accounts, payroll card accounts, and other 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. This webinar will explain all of the new prepaid card changes effective April 1, 2018.
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 staff, account officers, managers, auditors, and compliance personnel.
If you are having issues with registering online, please contact CBAO's Education & Training Coordinator, Lianne Simeone, (614) 610-1877.