Consumer Financial Protection Bureau (CFPB) Electronic Fund Transfer Act (EFTA) Rules 
PYMNTS
APRIL 13, 2020
The Consumer Financial Protection Bureau (CFPB) has made it easier for people to access stimulus CARES Act funds by removing some of the legal barriers barring banks from issuing the payments through prepaid accounts, according to a press release. Many have been laid off as a result of that turmoil.
Clearly Payments
FEBRUARY 8, 2024
Through transparent disclosures, dispute resolution mechanisms, and limits on consumer liability, regulations shield consumers from deceptive practices and ensure their financial well-being. It monitors and enforces regulations related to payment products and services to ensure fair treatment and transparency for consumers.
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