While online account opening presents growth potential for institutions, it also presents significant risk, particularly when these accounts are funded using ACH. These risks can be controlled with proper due diligence for the online environment, account validation, and enhanced risk controls. This course evaluates practical risk management strategies institutions can use to build a program appropriate for their risk appetite. Covers both new consumer and business accounts.
Lending institutions often lack the most recent information or training programs to assist their personnel with the knowledge and experience for proper responses to bankruptcy proceedings.
Regardless of your position in the lending institution or the size of the institution, this presentation will educate you on the overall process of Chapter 7 and Chapter 13 Bankruptcy Laws and the financial impacts on your lending institution.
Key takeaways will be Top 10 Pitfalls for bankers/lenders to avoid when dealing with a borrower that has sought relief under the United States Bankruptcy Code.
This session will explore all elements of your business continuity plan, including design, testing and implementation.
Every financial institution should have a tested business continuity plan. This plan should prepare your institution for when something goes wrong. The potential for disaster is limitless, from short term software failure to long term facilities loss. Having a plan in place will help your institution deal with these disasters with confidence and in an effective and efficient manner.