1. Remote Deposit Capture: Risks, Regulations and Reasonable Rewards

Remote Deposit Capture: Risks, Regulations and Reasonable Rewards

Remote Deposit Capture: Risks, Regulations and Reasonable Rewards
Event ID: 14539
Not for Sale

Duration: 90 minutes including question and answer period.
Presenter(s): Anne J. Cheatham, financial industry consultant; J. Scott Gupton, senior vice president and chief operating officer, INSBANK, Nashville, TN
Price: $349.00, CD or DL includes full audio presentation, question and answer session, and presentation slides. CD and DL options subject to a $5.95 handling charge.
Credits: Live webinar approved for 1.5 NASBA credit hours (Management Advisory Services, Production).
Who Should Attend? Technology officers, CFOs, CEOs, operations officers, electronic banking officers, in-house counsel, attorneys representing financial institutions

Remote Deposit Capture (RDC) services are subject to increasing regulatory scrutiny in the key risk areas, but also offer the potential for significant rewards to your institution. The industry has experienced strong growth in these services drawing additional attention from regulators resulting in the need for every successful RDC program to more effectively manage RDC risks while taking advantage of market opportunities, maintaining competitiveness in the marketplace and still meet regulatory expectations. With the increased public and regulatory concern about cyber security, fraud and identity theft, staying on top of these risks is essential. Once you address the risk areas and understand regulatory requirements, you can take advantage of the many reasons to offer and expand RDC services to your clients.

Join us for “Remote Deposit Capture: Risks, Regulations, and Reasonable Rewards” as we outline both the regulatory and product risk areas and how to manage them effectively while also providing meaningful guidance on how to expand RDC opportunities for you and your customers.


Just a sampling of what this webinar will cover:

  • What you need to know about the 8 key risk areas as defined by the FFIEC
      1. 1. Legal and Compliance Risk
        2. Operational Risk
        3. Customer Due Diligence and Suitability
        4. Vendor Due Diligence and Suitability
        5. RDC Training for Customers
        6. Contracts and Agreement
        7. Business Continuity
        8. Item Processing
    1. Tips for identifying, measuring and monitoring RDC risks.
    2. How to create an environment of risk mitigation that works effectively while allowing your institution to continue its expansion of your RDC customer base.
    3. How to design and implement Customer Due Diligence and Suitability guidelines to minimize risk and to manage the process as you expand your RDC client base.
    4. Learn how to manage risks reasonably without over burdening the staff.
    5. Tips for identifying and soliciting suitable future RDC clients.
    6. Discover the key components to an adequate RDC Risk Assessment.
    7. Understand the many market and business opportunities available with an effective RDC program.
    8. How to effectively promote, expand and manage RDC to gain competitive advantages.
    9. Hear and share real world examples of risk encounters.
    10. AND MUCH MORE!


    Your conference leaders for "Remote Deposit Capture: Risks, Regulations and Reasonable Rewards" are Anne J. Cheatham and J. Scott Gupton. Anne J. Cheatham has had a varied career in the banking industry. During her career, she served for over 20 years as a member of senior management in three de novo banks, each of which she helped form. She served for 3 years as a member of a bank’s board of directors. Anne has had responsibility for many financial and administrative areas including regulatory reporting, accounting, auditing, retail deposit and delivery services, compliance, asset-liability management, bank investments, bank operations, and information technology. Ms. Cheatham is currently an independent bank consultant working with banks in the areas listed above. She has authored or co-authored more than 10 publications for AlexInformation and has been a frequent speaker in the banking industry having conducted training programs for bankers nationwide on behalf of, AlexInformation, Jack Henry National Users Group, Tennessee Bankers Association, BAI as well as Sheshunoff Consulting + Solutions.

    J. Scott Gupton is senior vice president and chief operating officer of INSBANK, Nashville, TN. Scott serves as a senior officer responsible for supervising and managing the overall operations and security of the bank, facilities, employees and data and ensuring all functions are operational, efficient and compliant with state and federal regulations. His previous experience included serving as COO and principal financial officer for a community bank with responsibilities which included overseeing bank operations, accounting, financial reporting, facilities, information technology, vendor management and auditing functions. Scott’s diverse banking experience also includes operations management, relationship management and lending as well as some of his current responsibilities, at a state-wide commercial bank, a large national bank and a midsized community bank. He is a graduate of the University of TN at Knoxville with a BS in business administration and marketing. He is also a graduate of The Southeastern School of Banking at the Owen Graduate School of Management at Vanderbilt University. Scott has spoken to industry groups on remote capture, merchant capture and branch capture strategies, risk assessment, risk management, e banking and bank operations. He has co-authored 2 publications for a banking industry publisher, has spoken at financial industry conferences and has served as an expert witness on financial industry matters. He is currently serving as an instructor for national certification programs for both e-banking officers and tellers.


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    BankersWEB certificates of participation are available to everyone completing this webinar.