| |
 August 2008 InfoLink
August 2008
Need FACT Act Compliance Help? Consult our Red Flags Resource Center
When the Red Flags go up, make sure you’re prepared! As you probably know, banking regulators jointly issued final regulations—with a mandatory compliance date of November 1, 2008 —to implement Section 114 and 315 of the Fair and Accurate Credit Transactions (FACT) Act. FIPCO has partnered with Wolters Kluwer Financial Services to provide you with the Red Flags Resource Center. It offers a unique set of resources, assembled specifically to help you understand and comply with the new rules including:
• FACT Act Red Flags news and information
• Policy development products
• Program development assistance
• Staff training
• Automated Red Flags compliance software and paper solutions
Let us help you bring your institution into compliance with the new FACT Act Red Flags identity theft regulations. Contact your FIPCO account executive for more information at fipcosales@fipco.com.
See for Yourself: e-Sign Will Benefit You and Your Customers
Did you know that Electronic Signature (e-Sign) capability is available in the Financial Link ® software? By allowing documents to be signed electronically, and being able to file those images in your document imaging system or solution, e-Sign in Financial Link provides many benefits that both you and your customers will appreciate:
- Sign the digital pad one time for each transaction
- Digital signatures appear automatically on all documents listed on the WBA 143 Electronic Signature Consent and Agreement
- Reviewed for compliance with all e-signature regulations
- Legal counsel's "Suggested Practices" is provided at no additional charge
Would you like to know more? Please join us for a 60-minute, live, online demonstration of Financial Link® e-Sign capabilities. There is no cost, no travel and an unlimited number of employees may participate, but you must register to attend. Register here for Tuesday, August 19 at 9:30 a.m. CT. If you are unable to attend, please contact FIPCO Customer Service at fipcosales@fipco.com to arrange a more convenient time to view the software.
Loan/Mortgage User Conference Registration Opens Early September
Save the date! FIPCO’s 2008 Loan/Mortgage Software User Conference is quickly approaching. Scheduled for October 7 & 8 at the Holiday Inn, Stevens Point , this information-packed, two-day conference will offer practical applications for Financial Link ® Loans and Financial Link ® Mortgage software users, and will also highlight many of the current issues facing today’s financial industry. The FIPCO Staff and related industry experts will offer sessions of the highest caliber, from update enhancement details and software tips, to the latest legal and compliance information. Full conference details and registration information will be available at www.fipco.com in early September. Questions may be directed to the FIPCO Training Department at (800) 722-3498, or send your inquiry via e-mail to fipcotraining@fipco.com.
What Used to Take Days, Now Only Takes Seconds!
Today’s financial institutions need reliable solutions to combat changes in technology and compliance. Wolters Kluwer Financial Services’ SDX Secure Document Exchange can do just that. SDX provides a secure, easy-to-use environment in which financial institutions can electronically transmit information and documentation between senders and recipients. With the highest level of security and protective measures, and a tangible savings of 65 percent off the cost of traditional overnight shipping, SDX offers the utmost in workflow improvement, secure messaging, and expedited delivery. Please join us for a 60-minute, live, online demonstration during the upcoming Secure Document Exchange (SDX) webinars scheduled for Tuesday, August 12 at 1:30 p.m. CT and Thursday, August 21 at 9:30 a.m. CT. There is no cost, no travel and an unlimited number of employees may participate, but you must register to attend. If you are unable to participate in either of these webinars, please contact the FIPCO Customer Service Department at fipcosales@fipco.com to arrange a more convenient time to view the software.
Thank You for Your Input
Have you had a chance to complete FIPCO’s Deposit User Conference Survey? Whether you’ve attended every user conference, or haven’t had an opportunity to do so,we want to hear what you think. Your feedback is instrumental in helping FIPCO offer the products, services and educational opportunities that provide the most benefit to our customers. Thank you for taking a few moments of your time to complete one of the following surveys: Yes I attended or No I didn't attend
Get a First Look at the New Regulation Z Mortgage Lending Rules
To better assist Wisconsin financial institutions, Wisconsin Bankers Association (WBA) is planning several education programs related to the changes affecting Regulation Z. As you may be aware, these changes do not go into affect for over one year. The first part is 10/1/09 and the second is 2010. The WBA legal staff is busy reviewing the new regulations to ensure a full understanding, as well as provide solid information to WBA members. Upcoming programs include WBA New Regulation Z Mortgage Lending Rules: A First Look, scheduled for Sept. 8, 2008, as well as a WBA Compliance Forum in February 2009, and WBA Regulation Z Workshops in March 2009. Please continue to watch the WBA website and FIPCO publications for updates on the WBA’s Regulation Z education programs.
A New Credit Card Alternative
September Webinar Series Features Discover Network
FIPCO now offers you the opportunity to become an issuer of Discover Network Cards. These cards can be offered as a stand-alone product or as a supplement to an institution's current program. As a FIPCO customer, you will have your Discover Network processor set-up fee waived, as well as a significantly reduced Discover Network Card Issuer set-up fee. You will also receive a marketing toolkit, turnkey marketing templates and related campaign materials. Would you like to find out more? Mark your calendar for one of FIPCO's upcoming Discover Network webinars: September 11 at 1:30 p.m. CT or September 16 at 9:30 a.m. CT. There is no travel or cost to participate, but you must register to attend. Watch for registration details at www.fipco.com and in FIPCO's September InfoLink.
Upcoming Programs for Wisconsin Bankers Association Members
For further information about these WBA programs, please visit www.wisbank.com or contact WBA’s Gretchen Schweiger at (608) 441-1252 or email gschweiger@wisbank.com.
|
|
