Financial institutions struggle with how to offer a more convenient option for their customers and members without surrendering security and complying with regulatory requirements. This session will take attendees through the legal framework of ESIGN as it relates to the acceptance of wire transfer requests and discuss how UCC4A applies. As security and authentication are the center of financial institutions concerns with external fraud threats increasing, this session will take attendees through best business practices for the acceptance of wire transfer requests using an ESIGN option.
- Legal Framework of ESIGN and UCC4A
Electronic Signatures and Verification
- Compliance requirements
- Security and Authentication Best Business Practices