Dates of Event & Pricing

$395 for BOTH Webinars and Playbacks*

*Playbacks have no expiration.

  • Thursday, July 27, 2023 (Both Parts)

  • 12:00 – 1:00 pm & 2:00 - 3:00 pm (Eastern Time)

  • 11:00 – 12:00 pm & 1:00 - 2:00 pm (Central Time)

  • 10:00 – 11:00 am & 12:00 - 1:00 pm (Mountain Time)

  • 9:00 – 10:00 am & 11:00 - 12:00 pm (Pacific Time)

Curriculum

This 2-part bank compliance webinar series provides an overview of the concepts and regulatory requirements related to both Consumer and Business accounts for electronic signature compliance. Banking Lawyer Dena Somers will cover regulatory compliance associated with statements and disclosures, as well as what you need to know to implement a compliant e-signature operational workflow.

E-Sign Compliance Part 1: Consumer Account Compliance 

(Thursday, July 27, 12:00 - 1:00 pm ET)

Mark your calendar to join regulatory counsel, Dena Somers, as she breaks down the requirements for E-SIGN, E-Statements, and E-Disclosures for consumers and consumer accounts. 

This informative compliance webinar will provide a comprehensive review and explanation of the legal and  regulatory requirements for Consumer online banking, E-SIGN compliance, e-statements, and e-disclosures. We’ll discuss best practices for authenticating e-signatures and the common mistakes to avoid. This comprehensive session will provide insight and practical guidance--from start to finish-- on the regulatory requirements and key details organizations need to know when developing and implementing an E-Signature process. This session will include answers to the most frequently asked questions relating to electronic signatures and E-Sign compliance. The presentation will also address key differences between Consumer and Business Account compliance requirements.

This e-sign webinar will include answers to the most frequently asked questions relating to Consumer Banking electronic signatures and E-Sign compliance. 

Attendees to Part 1 will leave knowing:

  • Legal and compliance requirements for electronic signatures
  • Understanding and complying with E-SIGN consumer consent provisions and processes. 
  • Impact of the new Safeguards Rule and FFIEC guidance on E-SIGN compliance 
  • How consumers must prove consent to receive e-statements and other disclosures
  • Opt-in consumer consent requirements explained step-by-step 
  • How to comply with the delivery requirements for consumer disclosures
  • How to address the challenges and pain points with account opening and E-SIGN compliance
  • Answers to common FAQs from banks regarding compliance with E-Sign 
  • Key differences between consumer and business transaction requirements 
  • E-SIGN compliance for pre-authorized recurring ACH payments made by phone 
  • Requirements for fraud mitigation and ID theft prevention and current best practices
  • Expert guidance and compliance tips to comply with E-Sign Act


BONUS MATERIAL: A Checklist for E-Sign Compliance will be provided!

E-Sign Compliance Part 2: Business/Commercial Account Compliance 

(Thursday, July 27,  2:00 - 3:00 pm ET)

When using electronic signatures, banks and credit unions must comply with both federal and state law regulatory requirements. 

This comprehensive compliance webinar will provide insight and practical guidance on the regulatory requirements and key details organizations need to know when developing and implementing an e-Signature process for Business accounts. We’ll cover the rules and regulations for disclosures, e-signatures, and electronic storage, as well as best practices for authenticating e-signatures and the common mistakes to avoid. This session will include answers to the most frequently asked questions for E-Sign compliance, covering both federal and state law considerations. The presentation will also address key differences between Consumer and Business Account compliance requirements.

This comprehensive compliance webinar will provide insight and practical guidance--from start to finish-- on the key details organizations need to know when developing and implementing an E-Signature process. 

Attendees to Part 2 will leave knowing:

  • Legal and compliance requirements for electronic signatures 
  • FDIC rules for managing and maintaining electronic records
  • Impact of the new Safeguards Rule and FFIEC guidance on E-SIGN compliance 
  • Answers to common FAQs from banks regarding compliance with E-Sign 
  • Electronic evidence: how to ensure your bank’s electronic records are legally valid
  • Key differences between consumer and business transaction requirements 
  • E-signatures are not risk free– know how to manage risk
  • Requirements for fraud mitigation and ID theft prevention and current best practices
  • Expert guidance and compliance tips to comply with E-Sign Act


BONUS MATERIAL: A Checklist for E-Sign Compliance will be provided!

Instructor(s)

Esq / Founder finreg PARTNERS Dena Somers

Dena Somers is a highly regarded bank consultant and compliance attorney. She has provided regulatory compliance and risk management consulting services to financial institutions and companies in highly regulated industries nationwide for more than 20 years. Her areas of expertise include consumer and mortgage lending compliance, Fintech and specialty finance, regulatory compliance training, business strategy and best practice advisement, and corporate governance. Throughout her career, Ms. Somers has advised hundreds of banking and financial institutions— ranging from local community banks to $50 billion financial holding companies— to achieve operational efficiency while ensuring regulatory compliance. Previously, Ms. Somers served as General Counsel to a national mortgage servicing company, Fintech lender, national money service business, and has represented financial institutions in a broad array of complex litigation matters for more than 15 years. Additionally, Ms. Somers is a published author for Lexis Nexis in the areas of Bank Teller training, loan policies, and loan documentation training.

Credits

2.0 CPE Credits & 2.4 AAP Credits