Dates of Event & Pricing

$395 for BOTH Webinars and Playbacks*

*Playbacks have no expiration.

  • Friday, June 4, 2021
    Both Parts 1 and 2 (with 1 hour break)

  • 12:00 – 3:00 pm (Eastern Time)

  • 11:00 – 2:00 pm (Central Time)

  • 10:00 – 1:00 pm (Mountain Time)

  • 9:00 – 12:00 pm (Pacific Time)

Curriculum

This new and informative 2-part session will provide an overview of the concepts and regulatory requirements related to electronic signatures, statements and disclosures, as well as what you need to know to implement a compliant e-signature operational workflow.

Either of these 2 parts may be purchased separately at $295 each by clicking on the title of the desired part and checking out from the session's individual page.


E-Sign Compliance Part 1: Understanding E-Sign, E-Statements and E-Disclosures 

(June 4,  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 and provide practical guidance on how to meet the operational challenges presented by E-SIGN compliance requirements. 

This critical and timely compliance webinar will provide an overview of the concepts, laws, and regulatory requirements related to electronic signatures, disclosures, documents, and E-statements, as well as the basic technology you need to ensure compliance.  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 e-sign webinar 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.

Attendees to Part 1 will leave knowing:

  • Legal and compliance requirements for electronic signatures
  • Requirements for paperless statements
  • When is consent required for emailing certain documents?
  • Opt-in consumer consent requirements explained step-by-step
  • Best practices for opening accounts and completing signature cards
  • 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
  • Expert guidance and compliance tips to comply with E-Sign Act
  • E-SIGN for account opening and treasury management
  • Required disclosures and sample language to include in customer agreements
  • Key differences between consumer and business transaction requirements
  • Oral recordings and pre-authorized recurring ACH payments (what does the CFPB say about this?)
  • How to satisfy the consumer “demonstrable consent” requirements  


BONUS MATERIAL: SAMPLE DISCLOSURES will be provided!


E-Sign Compliance Part 2: Creating a Compliant E-Signature Operational Workflow

(June 4,  2:00 - 3:00 pm ET)

How compliant and efficient is your E-SIGN workflow? E-signature workflow design is a key step in your bank’s operational and compliance efficiencies. Mark your calendar to join regulatory counsel, Dena Somers, as she breaks down the requirements for E-SIGN, E-Statements, and E-Disclosures and provide practical guidance on how to meet the operational challenges presented by E-SIGN compliance requirements. This informative branch webinar will provide an overview of the key requirements for building a compliant and well-defined e-signature workflow process. We’ll discuss best practices for authenticating e-signatures and the common mistakes to avoid. 

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:

  • The elements of an e-signature workflow process and what it takes to define and develop the process
  • How to develop a compliant and well-documented E-SIGN workflow
  • Opt-in consumer consent requirements explained step-by-step
  • Technology 101: hashing, authentication, and encryption explained in plain language
  • Best practices for opening accounts and completing signature cards
  • How to address the challenges and pain points with E-SIGN compliance
  • How digital account opening impacts your BSA program
  • What to consider when evaluating third-party E-SIGN tools, and
  • How to make sure an E-signature is valid
  • Practical steps on how to ensure the consumer “demonstrable consent” requirements are met
  • The key decisions you need to make about the levels of authentication, consent, intent, and proof to meet your E-SIGN regulatory requirements.


BONUS MATERIAL: A sample WORKFLOW PROCESS will be provided to all attendees

Instructor(s)

  • Dena Somers

    Dena Somers

    Esq / Founder finreg PARTNERS


    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