Payments groups launch 'CHIP IN' EMV education initiative
The Payments Security Task Force – of which NAFCU is a member – and the EMV Migration Forum have launched "CHIP IN," an EMV education initiative.
"After only one successful transaction, consumers understand how to use their new chip cards. We want to make their first impression with chip technology a positive one and make paying with chip the 'new normal' this year," said Randy Vanderhoof, director of the EMV Migration Forum.
"To meet this goal, the EMV Migration Forum and the Payments Security Task Force are asking the industry to expand education efforts by participating in the new CHIP IN Education Initiative," he said.
The EMV Migration Forum has created a new website, GoChipCard.com, that provides consumers with basic information about chip cards and the security they deliver, instructions for successful chip card transactions, and reference materials for consumers, issuers and merchants.
Credit unions can join the CHIP IN education initiative by visiting www.emv-connection.com/chip-in.
Participants will receive a weekly email, including:
- pre-drafted social media posts and hashtags;
- free educational downloads including useful visual aids, training guides, FAQs and infographics;
- ways to use resources to maximize educational value;
- media interview tips;
- methods to encourage visits to GoChipCard.com.
The first weekly email will be sent next week; industry participants are encouraged to join now.
Add to Calendar 2022-05-23 09:00:00 2022-05-23 09:00:00 Reassigning Plan Administrator Risk Listen On: Key Takeaways: [02:24] If we look at the typical qualified plan it is the client who is the plan sponsor or is assuming the role of the fiduciary for the client. [14:32] Taking on a 3(16) role is not only understanding the law, rules, and requirements but knowing what is in that specific plan document and then applying that to that client’s specific circumstance. [21:13] Determine if you want to retain all those functions, roles, and legal and financial responsibilities. Organizations big and small may be capable but it isn’t their day-to-day business so they don’t really want to focus on it and they want to outsource it. [22:56] So many times the new hires are not offered the opportunity timely. At the end of the day, if that error isn’t caught, that participant loses out on the ability to save money long-term for retirement. Web NAFCU email@example.com America/New_York public
Pentegra Retirement Services
Add to Calendar 2022-05-20 14:00:00 2022-05-20 14:00:00 BSA Training for Your Board The Bank Secrecy Act (BSA) remains an area of heightened concern and examiners continue to elevate compliance expectations for your credit union. During this BSA Training for Your Board webinar, we will address the key components of BSA, Anti-Money Laundering (AML) and the Office of Foreign Asset Control (OFAC) compliance. You will leave with a basic understanding of the BSA, the current examiner focus for compliance and your role as a board member. Covered Topics Program requirements Risk assessment Regulator focus Regulator updates and guidance Key Takeaways Understand the basic requirements of the BSA. Develop an understanding of BSA risks to apply to your credit union. Anticipate examiner expectations and how to satisfy them. Purchase Now$295 Members | $395 Nonmembers(Additional $50 for USB)One registration gives your entire team access to the live webinar and on-demand recording until May 23, 2023.Go to the Online Training Center to access the webinar after purchase » Who Should Attend Board members Board chairs and vice chairs Supervisory committee members Presidents/CEOs Executive assistants Education Credits NCCOs will receive 1.0 CEUs for participating in this webinar NCRMs will recieve 1.0 CEUs for participating in this webinar NCVEs will receive 1.0 CEUs for participating in the webinar NCBSOs will receive 1.0 CEUs for participating in the webinar CPA credit information is below; recommended 1.0 CPE credits. CPA Certification Credit Information Reviewer: Josie Collins, Associate Director of Education, NAFCU Learning Objectives: See key takeaways Program Level: Basic Prerequisites Needed: None Advance Preparation Needed: None Delivery Method: Group Internet-Based Recommended CPE Credits: 1.0 credits Recommended Field of Study: Regulatory Ethics – Technical About Our Webinars Our webinars are streamed live from NAFCU headquarters near Washington, DC. Your audio/video feed of the presenters includes presentation slides and downloadable handouts. You can easily submit your questions to the presenters at any time during the live broadcast, with no dialing over the phone! The audio and video stream directly through your computer. Web NAFCU firstname.lastname@example.org America/New_York public
Credits: NCCO, NCRM, NCVE, NCBSO, CPE
Get daily updates.
Subscribe to NAFCU today.