1.1.1 Retail Accounts (Current/Checking and Savings)

This topic contains the release highlights for Retail Accounts.

Generic Feature Enhancements

Real-time Sweep-in (cover account)/Overdraft Protection (sweep an amount (to the extent of shortfall) from a designated account to fulfill a transaction).

Generic Feature Enhancements in Account Servicing
  • Maker Checker Validation
  • Population of Customer Number, Currency, and Amount on Task screens.
US Geography Feature Enhancements
  • Regulation E Compliance
  • Regulation DD Compliance
  • Enhanced the Inactive, Dormancy, and Escheatment processes to consider the Last Contact Date for marking the said statuses on an account.

For more information about the enhancements, refer to Retail Accounts (Current/checking and Savings).