Global Fintech & Digital Assets

DECEMBER 21, 2023

Credit and Underwriting Risk Borrowers may not fully understand BNPL loan repayment obligations or may take on excess credit, and creditors may be disadvantaged by the lack of credit history or BNPL activity captured by credit reporting agencies.

OCC 59

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

FICO

MARCH 9, 2020

Its provisions include: If the card is a payroll card or a certain type of government benefit card , or if the consumer receives federal payments onto their card, certain error resolution rights are available to protect consumers from unauthorized transactions.

AI 52

AI Fraud Detection Debit Card Error Resolution 52

Stax

NOVEMBER 11, 2024

Regulation E also provides consumers with dispute and error resolution rights. How to Implement ACH Payments For any business owners assessing which payment options they should accept (whether online or with a card reader at a point-of-sale), it’s important to consider which payments are a good fit for the company and the customer.

ACH 88

ACH Checks Identity Theft Payments 88

Global Fintech & Digital Assets

OCTOBER 31, 2023

Notably, in addition to these capital requirements, a licensee holding digital financial assets on behalf of California residents must at all times maintain a reserve of each type of digital asset equal to the aggregate entitlements of the holders of such digital assets.

Laws 52

Laws Stablecoins Issuers Procedures 52