¶¶ÒõÊÓƵ

Electronic Funds Transfer Act (EFTA): Federal law that establishes the basic rights, liabilities, and responsibilities of consumers who use electronic fund transfer services and of financial institutions that offer these services

Regulation E: Federal Reserve Board regulation that implements the Electronic Funds Transfer Act, providing a framework for electronic banking transactions

E-SIGN Act: Federal law ensuring the legal validity of electronic signatures and electronic documents in interstate commerce

Uniform Electronic Transactions Act (UETA): State-level uniform law providing consistent rules for electronic transactions across different states

Bank Secrecy Act (BSA): Federal law requiring financial institutions to assist government agencies in detecting and preventing money laundering

Anti-Money Laundering (AML) regulations: Set of procedures, laws, and regulations designed to prevent the practice of generating income through illegal actions

USA PATRIOT Act: Federal law that includes provisions for preventing, detecting, and prosecuting international money laundering and financing of terrorism

NACHA Operating Rules: Rules governing the ACH Network, providing the framework for electronic payment processing and settlement

Card Network Rules: Operating regulations set by major card networks (Visa, Mastercard, Amex, Discover) governing card payment processing

CFPB Regulations: Federal regulations designed to ensure consumers are treated fairly by financial institutions and payment processors

Fair Credit Billing Act: Federal law that protects consumers from unfair billing practices and provides mechanism for addressing billing errors

Truth in Lending Act: Federal law requiring clear disclosure of lending terms and costs to protect consumers in credit transactions

Gramm-Leach-Bliley Act (GLBA): Federal law requiring financial institutions to explain their information-sharing practices and protect sensitive data

PCI DSS: Security standards designed to ensure companies processing, storing, or transmitting credit card information maintain secure environment

State Money Transmitter Laws: State-specific licensing requirements for businesses that transmit or convert money