The Electronic Fund Transfer Act (EFTA) is a federal law that protects consumers when they transfer funds electronically, including through the use of debit cards, automated teller machines (ATMs ...

In an apparent departure from decades of jurisprudence acknowledging the exemption of wire transfers from the ambit of the Electronic Funds Transfer Act (EFTA or the Act), one federal district ...

Regulation E was issued by the Federal Reserve (Fed) as an implementation of the Electronic Fund Transfer Act, a law passed by the U.S. Congress in 1978 as a means of protecting consumers engaged ...

The good news is that EFT payments are protected through the Electronic Fund Transfer Act, giving you legal recourse if something’s amiss with a particular transaction. It’s important to note ...