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CFPB issues FAQ on EFT and Reg E


The Consumer Financial Protection Bureau issued frequently asked questions on unauthorized transfer and error resolution provisions under the Electronic Fund Transfer Act and Regulation E.

June 08, 2021 / By ICBA

The Consumer Financial Protection Bureau issued frequently asked questions on unauthorized transfer and error resolution provisions under the Electronic Fund Transfer Act and Regulation E.

The FAQs address situations where consumers are fraudulently induced by a third party to provide account information or private network rules that conflict with the regulation.

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