Authorization Consumer Protection Electronic Fund Transfer Act (EFTA) 
EBizCharge
JUNE 3, 2024
EFTs are a reliable and efficient method for electronically transferring money between bank accounts since they use computer-based systems without exchanging physical paper money or checks. Delays can also occur based on the institutions involved and if a transfer is initiated late in the day or after the end of a business day.
Clearly Payments
FEBRUARY 8, 2024
State Agencies: In addition to federal oversight, individual states have regulatory agencies responsible for overseeing financial institutions and consumer protection within their jurisdictions. Regulatory efforts focus on safeguarding consumer data privacy and security while fostering innovation and competition.
Expert insights. Personalized for you.
52 
Let's personalize your content