FFIEC guidance on RDC: Risk management basics

FFIEC guidance on RDC: Risk management basics

Date: Jul 06, 2009
Remote deposit capture can create a lot of risk for financial institutions. In part two of this three-part series, Dan Fisher gives insight into RDC risk management basics.

About the speaker:
Dan M. Fisher is President and CEO of the consulting firm Copper River Group.

Check out the other videos in this series:

  • FFIEC guidance on RDC: Guidance overview
  • FFIEC guidance on RDC: Top five RDC mistakes

    • More on FFIEC compliance guidelines

    • canderson

      FFIEC guidance on RDC: Guidance overview

      VIDEO - Working with remote deposit capture can leave some financial institutions vulnerable to fraud. In part one of this three-part series, Dan Fisher explains the FFIEC's guidance on how to handle RDC risk.

    • canderson

      FFIEC guidance on RDC: Top five RDC mistakes

      VIDEO - How do financial institutions slip up when it comes to remote deposit capture? In the final part of this three-part series, Dan Fisher discusses the top five RDC mistakes companies make, and how to avoid them.

    • canderson

      Evolving authentication methods in the financial industry

      VIDEO - Paul Smocer, vice president of security at BITS, discusses the challenges financial institutions face in authenticating their customers and the latest methods available.

    • Financial Crimes Enforcement Network (FinCEN)

      Definition - Financial Crimes Enforcement Network (FinCEN) is a bureau of the United States Department of the Treasury. FinCEN was established in 1990 to safeguard financial systems from abuse by promoting transparency in the U.S. and international financial systems.

    • Suspicious Activity Report (SAR)

      Definition - A Suspicious Activity Report (SAR) is a document that financial institutions must file with the Financial Crimes Enforcement Network (FinCEN) following a suspected incident of money laundering or fraud.

    • New FFIEC exam procedures for remote deposit capture risks

      Tip - Learn how to prepare for new exam procedures on managing remote deposit capture risks that are included in the updated FFIEC IT examination handbook for retail payment systems.

    • Aite Group: Take action now to manage remote deposit capture risks

      News - Fraud losses involving RDC technology have the potential to skyrocket if banks don't work proactively to deal with the risks, research firm says.

      ( May 11, 2010 )

    • Regulators revisit authentication advice to thwart online banking fraud

      News - t's been nearly five years since the Federal Financial Institutions Examination Council (FFIEC) issued its authentication guidance for online banking. Since then, cybercriminals have developed sophisticated malware that can circumvent multifactor authentication to hijack and loot online bank accounts. In the wake of the online banking fraud surge, which has targeted small and midsize businesses, federal regulators are revisiting their 2005 authentication guidance. SearchFinancialSecurity.com met with Jeffrey Kopchik, a senior policy analyst at the FDIC, to learn more about the effort.

      ( Mar 25, 2010 )

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