DocuSign or In Person Electronic Signatures

Director at a Company (USA)
Originally Posted by Toni Verret, Chief Risk Officer of United Community Bank, on 1 Jul 2019 to CBANC FI Professionals Community.

     We are implementing DocuSign to accept electronic signatures.  We have been using it for some time on sending disclosures that required view only.  We are wanting to use it for in person signing at the branch; however, want to make sure we are addressing the requirements of E-Sign.  Would any bank that does in person signing via any vendor be willing to discuss how they meet the E-Sign requirements of 1) consent and 2) ability to open.

    Educational Webinar | How do you find your high-risk customers? - Join us July 31

    July 31 at 12:30 PM - 01:30 PM EST
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    Eliminate Manual Processes for Identifying Private ATM Owners, MSBs, NGOs, MRBs, CIBs, and more

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    To identify customers in higher risk categories such as Private ATM Owners, Money Service Businesses (MSBs), Marijuana-Related Businesses (MRBs), Non-Governmental Organizations or Charities (NGOs), and Cash Intensive Businesses (CIBs), most compliance programs rely on manual processes that can cost time and strain resources.

    Join us for this presentation as we discuss how to alleviate manual processes for identifying higher-risk customers, automate due diligence processes, and strengthen your overall compliance program.

    • Review of CDD/EDD requirements and expectations as outlined in the FFIEC BSA/AML Exam Manual.
    • Discussion on the challenges and of conventional processes to identify high-risk customers.
    • Overview of targeted monitoring to uncover unidentified higher-risk customers.
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      Demonstration | Consolidating Fraud Prevention and Management to Reduce Losses & Improve Visibility - Join us July 17

      July 17 at 12:30 PM - 01:30 PM EST
      Consolidating Fraud Prevention and Management to Reduce Losses & Improve Visibility
      Cross-Channel Analytics, Big Data, and Machine Learning to Fight Fraud

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      Financial institutions are facing common challenges in combatting fraud. Adding layers of protection to detect and prevent fraudulent activity, managing your alert volume, and reporting losses can become increasingly more difficult if there are multiple detection systems across different fraud and operational teams, and ultimately leads to a lack of visibility into your true fraud problem.

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        Free Webinar | Shedding Light on the Dark Web - 1 CAMS credit, 1.25 CAFP, CFSSP, CRCM credits

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        Tuesday, July 23 | 1 p.m. CST/ 2 p.m. EST
        Presented by: Eli Dominitz, CEO of Q6 Cyber

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          Demonstration | End-to-End High-Risk Customer Management & CDD/EDD - Join us June 10

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            Incidents & Issues Management

            AVP at a bank ($2.5BUSA)
            Does anyone have a policy or procedure for the below topic?

            Identifying a problem as an Incident or Issue:

            What is an Incident? - Incidents are unexpected or unplanned events that occur which have a negative impact (e.g. financial, reputational, strategic, regulatory, etc.) on the overall bank. (i.e.: large fraud loss, data breach, a single event such as a large charge-off, etc.)

            What is an Issue? - Issues are identified gaps or problems related to bank process, policy or the operating environment. They may be related to incidents, but often will be identified through review mechanisms (i.e. Risk Assurance, process control review).
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            Moderate (This rating indicates minor weaknesses or deficiencies may exist, but are correctable in the normal course of business. Generally, risks are controlled in a manner that does not require additional or more than normal supervisory attention. If uncorrected, the identified weaknesses could have an adverse effect on the bank’s performance.)      

            High (This rating indicates a critical significant risk exposure.  A number of significant risks to the bank have not been adequately addressed, and management deficiencies warrant immediate attention. Unless properly addressed, these deficiencies will jeopardize the bank’s performance, expose the bank to risk outside of appetite or result in regulatory or legal exposure.


              Webinar - ERM 101: What's COSO, and Why Should I Care?

              Whether you’re a CRO or just starting out in risk management, this COSO discussion will highlight core principles and arm you with knowledge that will wow at your next committee or board meeting. Register today!

              COSO’s voluntary framework, Enterprise Risk Management—Integrating with Strategy and Performance, offers a roadmap for creating stronger, more resilient institutions that are poised to take early action to exploit opportunities and defend against threats. It’s not just about minimizing risk. It’s understanding how changes in risk impact decisions and making the most of that awareness.

              This webinar will dig into COSO and its best practices for ERM to give you insights into:
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              • Applying the 5 components and principles of the ERM framework
              • The relationship between risk management, performance and value
              • Integrating COSO’s framework into any institution, regardless of size
              • COSO’s 5 components for effective internal controls
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                Infographic | Marijuana-Related Businesses - The Risks & Rewards of Banking a Growing Industry

                Marijuana-Related Businesses
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                Marijuana-related businesses (MRBs) have been receiving a lot of attention lately. This growing industry is already worth $7 billion in the U.S., with that value projected to more than quadruple over the next 8 years, creating many questions for financial institutions around banking MRBs.

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                  Last Chance to Register! Webinar - Understanding Fair Lending Compliance Risk

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                    Webinar | Banking Marijuana Related Businesses - Join us June 26

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                    Banking Marijuana Related Businesses
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