Please find attached WBA's comments regarding CFPB–2025–0003.
Electronic Fund Transfers through Accounts Established Primarily for Personal, Family, or Household Purposes using Emerging Payment Mechanisms
Activity
Wisconsin Bankers Association filed 1 comment on this docket between Apr 8, 2025 and Apr 8, 2025. 0 other organizations filed here. The comment window closed 484d ago.
What Wisconsin Bankers Association filed (1)
Abstract
SUMMARY: In light of interest by electronic fund transfer system market participants to offer new types of products to transfer funds and make purchases through accounts established primarily for personal, family, or household purposes, the Consumer Financial Protection Bureau (CFPB) is proposing this interpretive rule to assist companies, investors, and other market participants evaluating existing statutory and regulatory requirements governing electronic fund transfers (EFTs). ADDITIONAL INFORMATION: For more information about commenting on CFPB’s Notices, please visit us at: https://www.consumerfinance.gov/rules-policy/notice-opportunities-comment/commenting-on-notices/
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