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Tag: P2P payments


E-payment & Security, Technology

CFPB eyes NSF fee ban for transactions declined in real time

January 26, 2024

Via: Payments Dive

The Consumer Financial Protection Bureau issued a proposed rule Wednesday that would stop banks and other financial institutions from levying nonsufficient funds fees on transactions declined in real time. The proposed rule would ban NSF fees on declined debit purchases, […]


E-payment & Security, Technology

Jack Henry debuts P2P payments tool

October 31, 2022

Via: Payments Dive

The P2P tool addition is part of Jack Henry’s bid to keep expanding its technological capabilities and tools for its community and regional bank clients. The company introduced this tool to enable banks and credit unions to provide a safe […]


E-payment & Security, Technology

Biden plan would boost P2P payments services data sharing with IRS

April 30, 2021

Via: Payments Dive

Under the plan, individuals or businesses wouldn’t be forced to report more information to the government. Rather, that task would fall to banks. How much the banking industry pushes back against the proposal will depend on the extra time and […]