Electronic Fund Transfer Act

Judge Rules New York Lawsuit Against Citibank Can Proceed
Judge Rules New York Lawsuit Against Citibank Can Proceed
January 21, 2025  |  Fraud Prevention

Citibank will have to face a New York state lawsuit alleging that it failed to protect and reimburse victims of fraud. Get the Full Story...

READ MORE >
Chime Inc. Faces CFPB Action for Alleged Deceptive Practices on Sendwave App
Chime Inc. Faces CFPB Action for Alleged Deceptive Practices on Sendwave App
October 17, 2023  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has taken action against Chime Inc., the operator of the Sendwave mobile app, for deceiving consumers about the speed...

READ MORE >
CFPB Tweaks Proposed Prepaid Payroll Card Rules
CFPB Tweaks Proposed Prepaid Payroll Card Rules
July 14, 2017  |  B2B Payments

As a few individual states in the U.S. examine payroll and debit card rules, the Consumer Financial Protection Bureau also has this product on its...

READ MORE >
Durbin Debit Cap Holding Steady
Durbin Debit Cap Holding Steady
September 23, 2014  |  Cool

Though Congress passed a law capping debit card issuers’ per-transaction interchange income at essentially 24 cents—about half the average issuer take previously—many merchants remain convinced...

READ MORE >