Fi911

JANUARY 4, 2024

We will provide insight into how these regulations differ between card schemes, and help financial institutions to better understand the dispute process from all sides. The Fair Credit Billing Act (FCBA) Passed in 1974, the FCBA addressed concerns about credit card theft and fraud. What Laws Govern Chargebacks in the US?

Disputes 92

Disputes Laws Rules Government 92

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.

OCC 59

OCC BNPL Electronic Fund Transfer Act (EFTA) Federal Trade Commission 59

Stax

NOVEMBER 11, 2024

Businesses are expected to have procedures in place to promptly address and reverse erroneous ACH payments, maintaining integrity and trust in the ACH network. Under Regulation E, businesses must disclose essential information about ACH payments to consumers, including terms of use, transaction fees, and dispute resolution procedures.

ACH 88

ACH Checks Identity Theft Payments 88

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 mandates disclosure of terms and conditions, error resolution procedures, and limits on consumer liability for unauthorized transactions.

Regulations 105

Regulations Electronic Fund Transfer Act (EFTA) Federal Reserve Electronic Funds Transfer (EFT) 105