When money moves electronically between banks and credit unions, it could be zipping along thanks to a process known as an ACH transfer. The Automated Clearing House network plays a critical role ...

The Department of Veterans Affairs is making a final push to move veterans who receive benefits by paper check to get the money directly deposited to an account after President Donald Trump ordered a ...

Wells Fargo is set to implement significant changes to its electronic transfer policy on May 22, 2025. Understanding these changes is crucial for users who rely on swift and consistent transfers.

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 ...

The CFPB’s proposal, its first attempt to regulate cryptocurrencies and stablecoins, is unlikely to survive the administration change.

The following fictional case scenarios provide examples to help providers identify whether they perform the payment function of holding funds.

Insurers or their vendors are charging physician practices and hospitals fees ranging from 2% to 5% of claims payments for electronic funds transfer transactions.

NEFT, or the National Electronic Funds Transfer system, allows individuals and businesses in India to electronically transfer funds from one bank account to another across the country.

New IMPS online money transfer rule: What is it? How it works? All details here There are various ways in which one can transfer money online including the National Electronic Fund Transfer (NEFT ...

Bahrain’s BENEFIT, a leader in electronic financial transactions, has upgraded its entire Electronic Funds Transfer System (EFTS) with an investment of BD1.6 million ($4.2million) to meet the demand ...