The world of electronic banking has undergone substantial growth in recent years,and the legal and regulatory environment keeps changing with it. Financial institutions and banking attorneys need to keep up with these changes and the business and compliance issues they raise.

This manual will keep you informed of the Dodd-Frank Wall Street Reform and Consumer Protection Act changes that will affect you. Updates will include information on:

1. Amendments to the Electronic Fund Transfer Act
2. Required disclosures about fees for sending electronic payments
3. Establishment of complaint and error resolution procedures

The Law of Electronic Fund Transfer Systems provides guidance on the latest business trends, technological innovations, laws, regulations, and cases involving electronic payment systems issues. This practical treatise presents clear explanations of the legal principles governing the rights, duties, and liabilities of financial institutions. In addition, The Law of Electronic Fund Transfer Systems provides expert analysis and interpretation, so you can better manage your financial institution's systems and improve their efficiency and profitability.

This popular manual provides a thorough examination of the newest technological developments of all current EFT systems, including:

•   Credit cards
•   Home banking
•   Automated clearing houses
•   Poit-of-sale systems
•   Check truncation
•   Wire transfers
•   Debit cards
•   Preauthorized debits and credits
•   Smart cards
•   Electronic benefits transfers