New York Attorney General Letitia James filed a lawsuit against Citibank accusing it of neglecting to protect its customers ...

Highlights:,Electronic funds transfer (EFT) allows for digital transfer of money instead of checks.,Key systems include ...

The Electronic Funds Transfer Act protects consumers from liability for unauthorized transfers from their accounts.

The CFPB’s proposal, its first attempt to regulate cryptocurrencies and stablecoins, is unlikely to survive the administration change.

On January 30, 2025, the CFPB entered into a consent order with the Company, alleging violations of the Consumer Financial Protection Act ("CFPA") ...

Interac e-transfers are a form of electronic funds transfer facilitated by the online payment system, Interac. Payments are nearly instant, and the only information you need to send an Interac e ...

Families relying on assistance to put food on the table say their Electronic Benefit Transfer (EBT) credits have vanished—stolen in cities hundreds of miles away.

"The proposed interpretive rule clarifies that gaming companies that are subject to the Electronic Fund Transfer Act could violate federal consumer financial law if they fail to address problems ...