Fi911

JANUARY 4, 2024

Well, from a legal standpoint, there’s actually quite a lot. 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. Certain regulations known as “chargeback rules” are, in fact, based on legal statutes.

Disputes 92

Disputes Laws Rules Governance 92

Stax

JULY 9, 2024

Regulatory and Compliance Issues with EFT Payments Regulatory and compliance issues surrounding EFT payments are critical for ensuring the security and integrity of electronic transactions. Businesses must adhere to these regulations to avoid penalties and ensure they are protecting sensitive financial data. Q: Are EFT payments safe?

Electronic Fund Transfer Act (EFTA) 88

Electronic Fund Transfer Act (EFTA) ACH Electronic Funds Transfer (EFT) Funds Transfer 88

Stax

SEPTEMBER 24, 2024

It’s meant to incentivize customers to pay using cash and reduce the costs associated with accepting electronic payment methods. Cash discount programs are legal in all states in the U.S. They’re also subject to different rules and regulations. You can even implement both as long as you understand the legal implications.

Credit Cards 88

Credit Cards Electronic Fund Transfer Act (EFTA) Push-to-Card Debit Card 88

Global Fintech & Digital Assets

DECEMBER 21, 2023

The OCC outlines safety and soundness principles and appropriate risk management processes for its regulated institutions that engage in BNPL lending. BNPL in US, UK, and EU Regulators’ Sights The Consumer Financial Protection Bureau (CFPB) has been actively monitoring BNPL activity in the consumer finance marketplace for some time now.

OCC 59

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

Stax

NOVEMBER 11, 2024

ACH payments are consistently ranked as one of the safest payment methods a business can accept, and are regulated by the Federal Reserve Bank and Electronic Fund Transfer Act. Understanding and adhering to these regulations helps protect both businesses and customers while promoting secure, efficient transactions.

ACH 88

ACH Checks Identity Theft Payments 88

Clearly Payments

FEBRUARY 8, 2024

This article aims to provide an in-depth overview of the key regulatory organizations, payment regulations, and prevailing trends that shape payment regulation in the USA. Why Payment Regulation Exists Payment regulation exists for ensuring the integrity, stability, and equity within the payment ecosystem.

Regulations 85

Regulations Electronic Fund Transfer Act (EFTA) Federal Reserve Electronic Funds Transfer (EFT) 85