Fed Proposal Will Make It Easier to Pay Bills, Receive Wages on Weekends
Federal Reserve proposes to process electronic payments 365 days a year
Read More about Fed Proposal Will Make It Easier to Pay Bills, Receive Wages on Weekends
All
-
-
Comments Supporting FTC Impersonation Rule
NCLC joined other organizations in supporting a proposed rule by the Federal Trade Commission prohibiting individuals from engaging in impersonation fraud.
-
CBS News: New efforts to stop scammers from stealing through fraudulent wire transfers (video)
Appearing on CBS Mornings on April 18, 2024, Anna Werner interviews Carla Sanchez-Adams for a story on how Americans are losing millions of dollars every year to scammers who steal money directly from their bank accounts, often through fraudulent wire transfers. U.S. senators are now pressing banks for answers about what they’re doing to stop…
-
American Banker: It's past time for the Fed to expand ACH settlement to weekends
In an op-ed appearing in American Banker on April 3, 2024, NCLC senior attorney Carla Sanchez-Adams and Michael Herd, Executive Vice President for ACH Network Administration at Nacha, write tourge the Federal Reserve to expand the ACH network’s hours of operation to settle payments on weekends and holidays. “Expanding NSS operating hours means American workers…
Read More about American Banker: It's past time for the Fed to expand ACH settlement to weekends
-
Testimony In Support of Maryland HB 1156: The Elder Fraud Prevention Act of 2024
Payment fraud impacts all Americans across many communities, but the impacts of fraud are most keenly felt by certain vulnerable populations such as older Americans, low-income consumers, and communities of color. Additionally, Maryland ranks fifth in the nation for 2023 fraud reports per capita. One of the primary ways used by criminals to steal tens…
Read More about Testimony In Support of Maryland HB 1156: The Elder Fraud Prevention Act of 2024
-
Communications Daily: Disagreements Continue on Need for Tougher SIM Swapping Rules
Originally appearing in Communications Daily on Feb. 15, 2024, Howard Buskirk quotes Margot Saunders, senior attorney at the National Consumer Law Center, in coverage of a push for the Federal Communications Commission to take a more aggressive stance against SIM swapping and port-out fraud. The FCC must clarify that carriers, “the only parties in these…
Read More about Communications Daily: Disagreements Continue on Need for Tougher SIM Swapping Rules
Support NCLC
Please support NCLC's work to advance consumer rights and economic justice with a tax-deductible contribution today!
Donate