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OCC Issues Policy Guidance on Buy Now, Pay Later Lending

Global Fintech & Digital Assets

The safety and soundness of the overall financial system, coupled with the mitigation of adverse customer outcomes, remain the OCC’s top priorities generally, and in the BNPL lending market specifically.

OCC 59
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Stripe Reconciliation: The Complete Guide

Nanonets

  Best Practices for Stripe Reconciliation To harness the full potential of Stripe Reconciliation, businesses should adhere to a set of best practices aimed at optimizing efficiency and mitigating risks.  Division of duties : Errors and fraud can be mitigated by dividing responsibilities.

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An Overview of Payment Regulation In The USA

Clearly Payments

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.