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Reg E Refresher: Stay Compliant and Out of the Spotlight

Innovative Payments Association

Session 1: IPA Compliance Boot Camp ​Reg E, which governs electronic fund transfers and consumer protections under the Electronic Fund Transfer Act, remains a cornerstone of compliance in the payments industry. Why Reg E Matters Now Despite the change in regulatory leadership, Regulation E remains a key area of focus.

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Reg E in Focus: CFPB Enforcement and Compliance Tips

Innovative Payments Association

Regulation E, also known as the Electronic Fund Transfer Act, is a federal regulation that governs electronic transfers of funds, such as ATM transactions, debit card transactions, and direct deposits. In some cases, companies have been ordered to pay restitution to affected consumers and civil penalties to the CFPB.

Reg E 52
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The CFPB and Congress Push to Correct Gaps in Reg E

BioCatch

As of the October term of 2023, the United States Supreme Court had taken on an appeal of a decision to review a possible constitutional conflict in the interpretation of the funding mechanism for the Consumer Financial Protection Bureau (CFPB).

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Securing The Speed Of Securities Transactions

PYMNTS

Brokers/dealers were concerned about the potential for consumers to exercise their rights under Regulation E to assert that a transaction was unauthorized up to 60 days after its settlement, despite the fact that securities settlement transactions are exempt from Reg. A Window Of Opportunity. But what about the other concern?

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Orum Launches No Code Verify Solution, Expands Access to Instant Bank Account Verification

Fintech Finance

Orum’s Verify solution offers 100% coverage of all US-based consumer and business bank accounts — a meaningful step forward in an industry still plagued by invalid credentials, friction, and fraud. Is built on RTP and FedNow with a Same Day ACH fallback – guaranteeing coverage of all consumer and business bank accounts in the U.S.

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Understanding Overdraft Programs (Part 1)

FICO

With the change in the regulatory climate, overdraft programs have been drawing scrutiny, but the need remains for consumers. The use of overdraft services has been extensively researched by organizations such as the Pew Charitable Trusts , and the Consumer Financial Protection Bureau (CFPB).