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

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 ...

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

New York AG Letitia James' lawsuit against Citibank for inadequate fraud safeguards proceeds after a judge's ruling.

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 ...

Families relying on assistance to put food on the table say their Electronic Benefit Transfer (EBT) credits have vanished—stolen in cities hundreds of miles away.

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

"The proposed interpretive rule clarifies that gaming companies that are subject to the Electronic Fund Transfer Act could violate federal consumer financial law if they fail to address problems ...