Electronic Funds Transfer Act (EFTA): Primary federal law governing electronic fund transfers, establishing rights, liabilities, and responsibilities of participants in electronic fund transfer systems
Regulation E: Federal regulation that implements the Electronic Funds Transfer Act, providing a framework for electronic banking transactions
UCC Article 4A: Uniform Commercial Code Article governing commercial funds transfers and wholesale wire transfers between businesses
NACHA Operating Rules: Rules governing the ACH Network, including requirements for pre-authorized payments and direct deposits
Federal Reserve Operating Circular 4: Regulations governing ACH operations and establishing rules for financial institutions participating in ACH transactions
Fair Credit Billing Act: Federal law protecting consumers from unfair billing practices and establishing procedures for resolving billing errors
Fair Debt Collection Practices Act: Federal law regulating debt collection practices and protecting consumers from abusive collection practices
Gramm-Leach-Bliley Act: Federal law requiring financial institutions to explain their information-sharing practices and protect sensitive data
State Consumer Protection Laws: Various state-specific laws providing additional consumer protections for financial transactions and automated payments
State Privacy Laws: State-specific regulations governing the collection, storage, and protection of consumer personal information
Federal Trade Commission Requirements: Federal guidelines for data security and consumer protection in financial transactions
CFPB Regulations: Consumer Financial Protection Bureau rules governing consumer financial products and services, including payment processing
