Assessments Error Resolution Procedures 
Global Fintech & Digital Assets
DECEMBER 21, 2023
Credit and Underwriting Risk Borrowers may not fully understand BNPL loan repayment obligations or may take on excess credit, and creditors may be disadvantaged by the lack of credit history or BNPL activity captured by credit reporting agencies.
Stax
NOVEMBER 11, 2024
NACHA also requires businesses to take responsibility for reversals in the event of errors or duplicate transactions. Businesses are expected to have procedures in place to promptly address and reverse erroneous ACH payments, maintaining integrity and trust in the ACH network.
Global Fintech & Digital Assets
OCTOBER 31, 2023
The DFAL provides a safe harbor for a Covered Exchange’s failure to achieve best execution for a given transaction if it has properly created, implemented, and monitored its best execution policies and procedures.
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