Demystifying Regulation E - A Focus on Error Resolution

Regulation E protects consumers in electronic funds transfers. The error resolution process is one of the most crucial aspects of Regulation E compliance. We will discuss:     Defining an Error : Learn about the definition of errors that occur in electronic fund transfers (EFTs)   Consumer Rights and Responsibilities : Understand consumer rights and the steps the FI needs to take when an error is reported   Dispute Resolution Process : Learn about the steps involved in resolving disputes, including time frames and communication requirements   Best Practices : Gain valuable tips and strategies for preventing EFT errors and handling them effectively.

AAP/APRP credits 1.8