INTERACTIVE WEB SITE FOR CONSUMER REGULATION ISSUES IN INTERNET BANKING.The Federal Reserve Board announced on November 21, 2000, a new Internet See Web 2.0 and Internet2. resource designed to help bankers and bank examiners Noun 1. bank examiner - an examiner appointed to audit the accounts of banks in a given jurisdiction examiner, inspector - an investigator who observes carefully; "the examiner searched for clues" apply consumer regulations to Internet banking. The Checkers checkers, game for two players, known in England as draughts. It is played on a square board, divided into 64 alternately colored—usually red and black or white and black—square spaces, identical with a chessboard. Bank (TCB See trusted computing base. 1. (jargon) TCB - Trouble Came Back. 2. (security) TCB - (Orange Book) Trusted Computing Base. 3. (operating system) TCB - Task Control Block. ) is a mock on-line bank whose web site contains violations of federal consumer protection regulations. The TCB site highlights these violations for further investigation. The TCB site provides web pages that address such financial vehicles as loans and credit cards, consumer deposits, investments, and commercial services. Each web page provides a link to a sidebar (1) A Windows Vista desktop panel that holds mini applications (gadgets) such as a calendar, calculator, stock ticker and Vonage phone dialer. It is the Windows counterpart to the Dashboard in the Mac. See Windows Vista and gadget. of supporting information that the user can reach by clicking on the Federal Reserve System seal at the bottom of the page. The sidebar provides educational features designed to help users spot violations and to learn more about the applicable regulation. Each sidebar offers the following features: * Need a hint: Gives hints about what may be wrong with the page without completely mining the challenge * Findings and Follow-up: Marks actual violations or problem areas that require further investigation * Review Regs: Provides a link to the Federal Reserve Board's regulations directory * Suggest Changes: Allows users to electronically send feedback to the Federal Reserve. Though not all pages show violations, for those that do, the issues are described in detail. The Findings page offers users the option to print for further examination. Users of the site may peruse pe·ruse tr.v. pe·rused, pe·rus·ing, pe·rus·es To read or examine, typically with great care. [Middle English perusen, to use up : Latin per-, per- it at their own pace. The Checkers Bank can be accessed at www.federalreserve.gov/tcb. |
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