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California Adopts Digital Financial Assets Law

Global Fintech & Digital Assets

Licensees, exchanges, and other market participants should prepare to comply with the listing, disclosure, capital, and other requirements that the new law imposes. However, the DFAL notes that repeated failures to achieve best execution indicate a Covered Exchange’s failure to properly create or implement such policies and procedures.

Laws 52
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OCC Issues Policy Guidance on Buy Now, Pay Later Lending

Global Fintech & Digital Assets

Compliance Risk Compliance with various consumer protection-related laws and regulations [1] is critical for banks furnishing BNPL loans to ensure that obligations are understood and met on both sides of the transaction.

OCC 59
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5 Benefits of ACH Payments Over Check Payments

Stax

For example, a law firm typically bills clients multiple times either for installment payments or ongoing hourly charges. NACHA also requires businesses to take responsibility for reversals in the event of errors or duplicate transactions. Regulation E also provides consumers with dispute and error resolution rights.

ACH 88
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An Overview of Payment Regulation In The USA

Clearly Payments

It oversees compliance with federal banking laws, including those governing payments. Federal Trade Commission (FTC): The FTC is responsible for enforcing antitrust laws and protecting consumers from deceptive or unfair business practices, including those related to payments.