Fi911

JANUARY 4, 2024

What do banks need to know about the chargeback legislation process? 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. It was a response to emerging technologies like ATMs, electronic POS terminals, and remote banking.

Disputes 84

Disputes Laws Rules Governance 84

EBizCharge

JUNE 3, 2024

For businesses , EFTs simplify the payment process by allowing direct payments, reducing the administrative workload associated with handling paper checks and enhancing the speed at which transactions can be settled. These electronic transfers range from automated payments to on-demand transfers.

Funds Transfer 52

Funds Transfer Electronic Fund Transfer Act (EFTA) Electronic Funds Transfer (EFT) Wire Transfer 52

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. By Arthur S. Some of the highlighted risks and risk management practices are as follows.

OCC 59

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

Clearly Payments

FEBRUARY 8, 2024

Key Payment Regulations in The USA Electronic Fund Transfer Act (EFTA): Enacted in 1978, the EFTA establishes the rights, liabilities, and responsibilities of consumers and financial institutions engaged in electronic fund transfers (EFTs).

Regulations 87

Regulations Electronic Fund Transfer Act (EFTA) Federal Reserve Electronic Funds Transfer (EFT) 87