by Radhika Lipton | Jul 28, 2024 | RADD BUZZ
RTP® Network and FedNow® Service, the two central US instant payment rails, have shown how the speed of instant payments amplifies the need for robust risk management strategies for participating financial institutions (FIs). The Federal Reserve, which backs FedNow®... 
by Radhika Lipton | Jul 19, 2024 | RADD BUZZ
The Secure and Fair Enforcement for Mortgage Licensing Act (SAFE Act) establishes mandatory requirements for the licensing of mortgage loan originators, enhancing consumer protection and reducing fraud within the mortgage industry. This blog post explores the... 
by Radhika Lipton | Jul 19, 2024 | RADD BUZZ
In this blog post, we explore the Fair Credit Reporting Act (FCRA), which regulates the collection, distribution, and protection of consumer credit information. Understanding and complying with the FCRA is crucial for businesses involved in credit reporting, consumer... 
by Radhika Dholakia-Lipton | Jul 19, 2024 | RADD BUZZ
Navigating the complexities of debt collection in the U.S. requires a keen understanding of the Fair Debt Collection Practices Act (FDCPA), a crucial statute that governs the manner in which debt is collected. Enacted in 1977, the FDCPA serves to eliminate abusive... 
by Radhika Lipton | Jul 19, 2024 | RADD BUZZ
In the digital age, the movement of money via electronic means is not just commonplace; it’s expected. As businesses and consumers increasingly rely on electronic fund transfers (EFTs) for everyday transactions, understanding the regulatory environment governing... 
by Radhika Lipton | Jul 19, 2024 | RADD BUZZ
In the complex landscape of financial transactions, understanding the nuances of consumer protection laws is paramount for both businesses and consumers. Regulation Z, also known as the Truth in Lending Act (TILA), stands as a cornerstone in this framework, designed...
