Compliance Management System

An important part of the TPPPA mandate is to provide its members with the compliance tools and support they need to achieve integrity and excellence in payment processing. These tools include ongoing training, support and interpretation of current and amended rules and regulations, and access to industry best practices through TPPPA's proprietary Compliance Management System (CMS).

TPPPA's Compliance Management System (CMS)

The TPPPA's proprietary Compliance Management System (CMS) has been expertly crafted to deliver policies that are tailored to the unique needs and responsibilities of TPPPA members.

Processor Module

Compliance

Contains policies that address the holistic compliance requirements that payment and payroll processors must adhere to in order to keep themselves and their banks' in compliance, including:

Compliance Management System Policy
BSA/AML/OFAC
Consumer Protections
  • UDAAP
  • Regulation E
  • Consumer Complaints
  • Compliance with Telephone Consumer Protection Act
  • Compliance with the Fair Debt Collection Practices Act
  • Compliance with Restore Online Shoppers' Confidence Act
ACH
Data Security

Bank Module

A single policy designed to address third party-payment processing as a distinct product or program, which integrates with existing bank policies and borrows from existing disciplines such as:

  • Product/Program Management
  • Board Oversight and Committee Structure
  • Third Party or Vendor Management
  • Credit Approval and Review Process
  • Risk Rating, Collateral and Loss Reserves