Fraud Losses. Both Parties recognize that managing losses on the Program is an essential element. Bank will implement a loss prevention program designed to detect, prevent, and mitigate losses in connection with the Program. Company shall reasonably cooperate with Bank in the implementation of loss prevention activities throughout the term of the Agreement. [***]. The Parties will meet annually to discuss Bank’s Fraud Prevention Policy.
Appears in 2 contracts
Sources: Private Label Banking Program Agreement (Customers Bancorp, Inc.), Private Label Banking Program Agreement (Customers Bancorp, Inc.)