Consumer experts say card skimming may be behind growing fraud cases. One solution could be enabling chips on EBT cards, but ...

A March executive order requires the agency to manage a shift from paper-based payments to electronic methods across the ...

The man deceived 10 people and one business by collecting payments for services that never happened, officials say.

The Mahila Samman Savings Certificate scheme introduces ECS withdrawal, enabling direct transfers to non-post office bank ...

Commercial litigators who represent financial institutions should understand Article 4A of the Uniform Commercial Code (UCC), ...

A Raleigh woman faced a frustrating six-month ordeal when a $300 transfer via Zelle failed to reach her friend's account, ...

Ceasing the “old-fashioned” approach to disbursements is likely a good idea from a security perspective, experts say, while ...

A direct deposit or electronic funds transfer (EFT) allows a payer to submit funds to a payee electronically directly into your bank account. The system requires payees to provide routing and ...

Federal agencies will be expected to transition to electronic funds transfer (EFT) methods, including direct deposit, prepaid card accounts and other digital options. “The continued use of paper-based ...

Interac e-transfers are a form of electronic funds transfer facilitated by the online payment system, Interac. Payments are nearly instant, and the only information you need to send an Interac e ...