Payments Tip: Holder in Due Course Overview

Includes a Live Event on 06/28/2019 at 12:00 PM (PDT)

Mobile Deposit and Remote Deposit Capture have become almost mandatory services enabling you to compete for depositors as a financial institution. But with these services comes risk. One of those risks includes multiple deposits of the same item to various institutions, including check cashing services. When items are cashed or deposited more than once, who has right to the claim? Uniform Commercial Code and Regulation CC put forth ground rules on this; respectively, Holder in Due Course and the no double-debit warranty. Attend this webinar to better understand your role and how you can help to mitigate double-debit risk.

John Curtis, AAP, NCP, APRP

SVP, Education & Training

John has over twenty years of experience in payments and has held positions in Treasury Management, Information Systems and Corporate Training and Development. John was Product Manager for Electronic Payments including ACH, EDI and Emerging Payment Technologies for fourteen years at Bank of the West. He has served as Chairman of WesPay’s Education Committee and as an Advisor to the WesPay Board of Directors. John served as the Chairman of the Board of Payments Resource One (PRO). He is a member of the American Bankers Association Task Force on Payments Law and has lectured on payments topics including legal issues, emerging technologies, compliance and risk management.

As Senior Vice President of Education and Training, John Curtis oversees the educational offerings for WesPay to ensure members have access to high quality, timely and relevant training that is critical for success in today’s ever changing payments landscape. Before coming to WesPay, John dedicated the previous fourteen years of his career to the payments arena as a Product Manager for Electronic Payments covering ACH, EDI and Emerging Payment Technologies. He holds the AAP, NCP and APRP accreditations.

Patty Presta, AAP

VP, Professional Development Events

Patty Presta is Vice President of Professional Development Events at WesPay and is an Accredited ACH Professional who has conducted ACH training since 1997. Her responsibilities include training financial institutions through live workshops, webinars, and webcasts, as well as consulting on such topics as ACH Origination, Risk Management and other electronic payment-related issues. Patty has taught at NACHA’s Payments Conferences and Payments Institute and has also served on several NACHA Rules work groups and task forces. Prior to joining WesPay, Patty worked at the New England ACH Association as their AVP of Education.

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Payments Tip: Holder in Due Course Overview
06/28/2019 at 12:00 PM (PDT)   |  30 minutes
06/28/2019 at 12:00 PM (PDT)   |  30 minutes Mobile Deposit and Remote Deposit Capture have become almost mandatory services enabling you to compete for depositors as a financial institution. But with these services comes risk. One of those risks includes multiple deposits of the same item to various institutions, including check cashing services. When items are cashed or deposited more than once, who has right to the claim? Uniform Commercial Code and Regulation CC put forth ground rules on this; respectively, Holder in Due Course and the no double-debit warranty. Attend this webinar to better understand your role and how you can help to mitigate double-debit risk.
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