Dates of Event & Pricing

$295 for Webinar and Playback*

*Playback has no expiration.

  • Friday, January 20, 2023

  • 2:00 – 3:00 pm (Eastern Time)

  • 1:00 – 2:00 pm (Central Time)

  • 12:00 – 1:00 pm (Mountain Time)

  • 11:00 – 12:00 pm (Pacific Time)

Curriculum

On January 26, 2022, the CFPB published a new initiative seeking feedback from the public on “junk fees,” which included NSF and overdraft fees. Congress and regulators continue to focus on fee oversight and regulation. 

In the past year, multiple financial institutions have placed an emphasis on eliminating or reducing overdraft fees.  This webinar will review this latest CFPB announcement and discuss how financial institutions are working to mitigate these risks and reviewing past years of possible violations of assessing fees.

 Topics include: 

  • CFPB NSF and Overdraft Fees Initiative
  • Purpose of Initiative 
  • Disclosures
  • Risks to Financial Institutions
  • Best business practices for mitigating risks


Who Should Attend? 

  • Deposit Operations/Electronic Banking
  • Client Facing Teams 
  • BSA and Fraud 
  • Treasury Sales and Operations 
  • Compliance Officers 
  • Internal Audit 
  • Information Security/Technology 
  • Senior Management
  • Payments Professionals (May submit AAP/AAPR Continuing Education Credits

Instructor

Partner - Troutman Pepper

Keith Barnett

Keith Barnett's experience representing clients in the financial services industry as a litigation, compliance, regulatory, investigations (internal and regulatory), and enforcement attorney spans 20 years. Keith represents clients against government regulators (CFPB, FTC, SEC, CFTC), industry regulators (FINRA), and private litigants in federal courts, state courts, and before arbitration and administrative law panels in the financial services industry. Keith advises payment processors, money transmitters, payments apps, and similar companies on compliance with federal and state money services business laws. He advises cryptocurrency exchanges and NFT platforms on state and federal money transmission law compliance and regulatory issues, and also represents these companies in lawsuits and government enforcement actions.

Associate - Troutman Pepper

Carlin McCrory

Carlin McCrory is a regulatory, compliance, and payments attorney with experience representing financial institutions, fintechs, lenders, debt collectors, payment processors, neobanks, virtual currency companies, and mortgage servicers. Carlin has experience advising clients on matters related to the Equal Credit Opportunity Act (ECOA), Home Mortgage Disclosure Act (HMDA), Truth in Lending Act (TILA), Fair Credit Reporting Act (FCRA), Military Lending Act (MLA), Servicemembers Civil Relief Act (SCRA), the Electronic Signatures in Global and National Commerce Act (E-SIGN), and Bank Security Act (BSA). Her Electronic Fund Transfers Act (EFTA) experience includes advising on liability of consumers for unauthorized transfers, initial account disclosures, change in terms notices, ATM disclosures, error resolution procedures, and overdraft and non-sufficient funds (NSF) requirements and disclosures. Carlin has significant experience providing advice on NSF and overdraft fee compliance and reviews policies, procedures, and documents consumers are required to receive under EFTA.

Credits

1.0 CPE Credits & 1.2 AAP Credits