Highlights: 

• The FFIEC IT Examination Handbook series is a collaborative effort of the Information Technology Subcommittee of the FFIEC's Task Force on Supervision. The subcommittee promotes uniform and effective information technology-related policies and supervisory programs for financial institutions and their service providers.
• The revised Retail Payment Systems booklet addresses changes in technology and provides guidance on The Check Clearing for the 21st Century Act of 2004, including examination procedures related to remote deposit capture.
• The revised booklet provides expanded guidance on automated clearing house (ACH) risk and controls, and on merchant card processing.
• The booklet also discusses several emerging payment technologies, including: 
   
  • Decoupled debit cards
  • Stored value cards
  • Account-to-account services
  • Contactless payment devices
  • Remotely created checks
• An electronic version of the booklet, as well as an FFIEC press release announcing the booklet, is available at http://www.ffiec.gov/press.htm .

Distribution: 
FDIC-Supervised Banks (Commercial and Savings) 

Suggested Routing: 
Chief Executive Officer 
Chief Information Officer 
Chief Information Security Officer 
Chief Treasury Officer 
Chief Compliance Officer 

Note: 
FDIC financial institution letters (FILs) may be accessed from the FDIC's Web site at 

www.fdic.gov/news/financial-institution-letters/2010/index.html 

To receive FILs electronically, please visit http://www.fdic.gov/about/subscriptions/fil.html . 

Paper copies of FDIC financial institution letters may be obtained through the FDIC's Public Information Center, 3501 Fairfax Drive, E-1002, Arlington, VA 22226 (1-877-275-3342 or 703-562-2200).