Error Resolution Federal Reserve Processors 
Stax
NOVEMBER 11, 2024
ACH payments are consistently ranked as one of the safest payment methods a business can accept, and are regulated by the Federal Reserve Bank and Electronic Fund Transfer Act. Regulation E also provides consumers with dispute and error resolution rights.
Global Fintech & Digital Assets
OCTOBER 31, 2023
Other various categories of actors are exempt from the DFAL, such as banks, trust companies, payment processors, registered broker-dealers, entities regulated by the Commodity Futures Trading Commission, and clearing agencies registered or exempted pursuant to federal securities laws. 6] 23 NYCRR Part 200.
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