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

A federal judge on Tuesday rejected Citigroup's bid to dismiss a lawsuit by New York Attorney General Letitia James claiming ...

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

On January 10, 2025, the Consumer Financial Protection Bureau (CFPB) issued a proposed interpretative rule that would extend the consumer protections of the Electronic Funds Transfer Act (EFTA ...

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 ...

Citigroup faces legal challenges as fraud claims proceed, exposing flaws in its security systems & raising concerns over ...

An online account is typically funded by either direct deposit or electronic funds transfer, which can be facilitated at account opening. Learn More How to Open a Checking Account Online How do ...

Nigeria Inter-Bank Settlement System (NIBSS) says the total value of instant payments in 2024 increased to N1.07 quadrillion ...

The Consumer Financial Protection Bureau made a bid in the last days of the Biden administration to better protect consumers ...

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