Check Network Certificate - Level II 2020

Includes a Live Event on 10/19/2020 at 10:00 AM (PDT)

Payments professionals specializing in the Check Network require a broad knowledge of all the various aspects of this complex payments system. This industry-level certificate includes 10 live webinars, a review session and a comprehensive exam. The Check Network Certificate series provides a more thorough explanation of the entire check payment system and provides a strong foundation for any professional who wishes to develop a level of expertise in this area.

Key:

Complete
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Available
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Introduction to Checks (CNC1)
10/19/2020 at 10:00 AM (PDT)   |  90 minutes
10/19/2020 at 10:00 AM (PDT)   |  90 minutes WesPay’s Introduction to Checks session includes a history and the required components of a check, check processing regulations, forward and return processing. A review of how to assist staff in identifying fraudulent checks will also be highlighted, as well as an overview of the latest check processing procedures around Check 21 and image processing.
Understanding Regulation CC (CNC2)
10/21/2020 at 10:00 AM (PDT)   |  90 minutes
10/21/2020 at 10:00 AM (PDT)   |  90 minutes This WesPay Webinar will examine the impact of the regulation to both the front- and back-office processing operations of your financial institution. Learn the appropriate holds for deposited items, what disclosure must be given to account holders and what constitutes an expeditious return, plus much more. A review of the Remotely Created Check (RCC) amendment and the local classification of all checks will also be highlighted.
Understanding UCC 3 & 4 (CNC 3)
10/26/2020 at 10:00 AM (PDT)   |  90 minutes
10/26/2020 at 10:00 AM (PDT)   |  90 minutes When processing checks, understanding regulatory requirements is critical, as they relate to federal and state laws. The Uniform Commercial Code (UCC), specifically UCC 3 and 4, provides an overview of the definitions and banking relationship between a financial institution and its accountholders in the check environment. In this session, you will learn about the parties to a check and each of their rights and obligations. Let WesPay's experts help you understand the important tools around accepting checks for deposit, such as post-and stale-dated checks, and if you can put a stop payment on a Cashier's Check to name a few.
ECCHO Rules vs. Fed OC-3 (CNC 4)
10/28/2020 at 10:00 AM (PDT)   |  90 minutes
10/28/2020 at 10:00 AM (PDT)   |  90 minutes To fully understand today’s electronic image exchange environment, financial institutions should understand the various ways in which checks can be exchanged, the similarities and differences in the rules and agreements that govern those exchanges. This session will discuss the various types of image exchange relationships, specifically Federal Reserve Operating Circular 3 (OC-3) and the private sector Electronic Check Clearing House Organization (ECCHO) Rules.
Check Image Exchange (CNC5)
11/02/2020 at 10:00 AM (PST)   |  90 minutes
11/02/2020 at 10:00 AM (PST)   |  90 minutes The financial industry has long migrated to electronic presentment in all payment channels, including with our beloved paper checks. Most financial institutions offer Remote Deposit Capture, Mobile Deposit and even lockbox services have gone to image. Now that images are cleared through the networks, questions remain regarding the liabilities related to the presentment of images, especially now that the original check may be destroyed. If image quality is not acceptable and a dispute arises over the item, the Depositary Bank may be liable for damages, but how does the industry define an acceptable image? Join WesPay for this informative webinar to better understand check image exchange.
Check Returns Processing (CNC6)
11/04/2020 at 10:00 AM (PST)   |  90 minutes
11/04/2020 at 10:00 AM (PST)   |  90 minutes Understanding which rules or agreements apply is a critical of knowing the requirements to resolve check returns or adjustment entries. You need to determine: Is this a Return or an Adjustment? What time frames apply? Will the item be handled via a private exchange or through the Federal Reserve? Are my rights based on Regulation CC, ECCHO rules or Fed. OC-3? Join WesPay for this informative webinar and we’ll help guide you through the many aspects of check returns.
Check Adjustments (Part 1) (CNC7)
11/09/2020 at 10:00 AM (PST)   |  90 minutes
11/09/2020 at 10:00 AM (PST)   |  90 minutes In this two-part series, you will learn the proper steps, codes and timeframes for the timely and accurate processing of check error codes. This session will provide attendees with a review of the check adjustment process, highlight the risks associated with improper handling of check adjustments and the steps necessary to ensure that your institution's check adjustment process runs smoothly. An overview of the check adjustment error types associated with image exchange will be discussed.
Check Adjustments (Part 2) (CNC8)
11/16/2020 at 10:00 AM (PST)   |  90 minutes
11/16/2020 at 10:00 AM (PST)   |  90 minutes
Remote Deposit Capture (CNC9)
11/18/2020 at 10:00 AM (PST)   |  90 minutes
11/18/2020 at 10:00 AM (PST)   |  90 minutes Almost nobody deposits checks at their bank or credit union anymore. We’re in the digital age. As such, checks are coming to us through commercial Remote Deposit Capture, Mobile Deposit, Image ATMs and even Branch Capture. But with convenience comes risk. Who’s looking at the deposits and what are the responsibilities? This in-depth WesPay webinar will highlight the rules and regulations governing both paper and electronic payments. Rule sets, Federal Government Regulations, Operating Circulars and others make up the legal framework for financial institutions and provide protection for consumers from erroneous entries. In some cases, we use governance to limit our own liability with other financial institutions. Join us as we bring you the knowledge you need to maintain compliance in your organization.
How to Combat Check Fraud (CNC10)
11/30/2020 at 10:00 AM (PST)   |  90 minutes
11/30/2020 at 10:00 AM (PST)   |  90 minutes While check volume continues to decrease, check fraud grows 5% annually. Prevention and detection are critical and training your staff is a key element, along with implementing sound operational processes throughout your organization. This session will include the types of fraud taking place in the consumer and corporate check world and discuss how your organization can take preventative steps to mitigate risk.
Check Network Certificate - Final Review
12/02/2020 at 10:00 AM (PST)   |  90 minutes
12/02/2020 at 10:00 AM (PST)   |  90 minutes
Check Network Certificate Exam
125 Questions  |  1 attempt  |  180 minute limit  |  100/125 points to pass
125 Questions  |  1 attempt  |  180 minute limit  |  100/125 points to pass
Check Network Certificate - Certificate
1.00 CNC credit  |  Certificate available
1.00 CNC credit  |  Certificate available Certificate for Passing the Check Network Certificate Program and Quiz.
WesPay Webinar Evaluation
13 Questions
NCP CE Credits
19.80 NCP credits  |  No certificate available
19.80 NCP credits  |  No certificate available
CNC Maintenance Credit
1.00 CNC credit  |  No certificate available
1.00 CNC credit  |  No certificate available