As the payments landscape continues to evolve, complying with Regulation E has become increasingly complex. Wespay receives hundreds of questions every year from financial institutions looking for guidance on interpreting and applying Regulation E’s requirements.
Whether the dispute involves an ACH, debit card, external transfer, instant payments or ATM transaction, determining when Regulation E applies and ensuring disputes are handled correctly, continues to be a significant challenge for many financial institutions.
That’s why we’ve introduced our new Regulation E Audit.
Our audit provides a comprehensive review of your institution’s Regulation E compliance program across all applicable payment channels, including ACH, debit card, external transfer, instant payments, and ATM transactions. We’ll assess your policies, procedures, dispute handling processes, disclosures, risk management, and controls to identify potential gaps and help strengthen compliance.
With increasing regulatory expectations and growing dispute volumes, now is the time to gain confidence that your Regulation E program is operating effectively and consistently.
Enhance your processes and build confidence in your Regulation E compliance program with Wespay Advisors.
If you’re interested in scheduling an audit, or have more questions, contact us at [email protected]