The relatively new international ACH is as reliable as a wire, and is more cost effective.
Agency seeking comment on disclosures while moving toward added protections.
Measure's sponsors all Democrats in GOP-controlled House.
From the Durbin amendment to Reg E, recent regulatory developments have financial institution executives seeking new sources of revenue. However, instead of embarking on the quest, financial services industry executives should look to return to the basic fundamentals and focus on interest income, the most important revenue component for...
Northwest Credit Union Association bulletin stresses transparency, cites new class action suit against bank.
CFPB now has jurisdiction, sets Feb. 27 as deadline for comments on EFT rules.
Compliance expert offers up some tips on Reg E, lost or stolen card policies for credit unions.
A new study conducted by Lake Bluff, Ill.-based economic research firm Moebs Services reveals that since the Federal Reserve’s August 2010 implementation of Regulation E, which requires financial institutions to receive consumer approval prior to cover debit card and ATM overdrafts, CU overdraft transaction prices have remained flat at $25.
Moebs Services study finds number of offerings dropping for for savings or credit lines, debit and ATM usage rising.