Consumer Banking and Payments Law

A practical, detailed resource covering old and new payment methods, consumer rights, and key statutory frameworks, including UCC Articles 3, 4, and 4A, the EFTA, Nacha rules, the CFPB prepaid account rule, E-Sign, UETA, and state laws.

Electronic Payments, Emerging Tech & Cards

• P2P & Digital Assets: EFTA rules for debit/ATM cards, electronic payments, P2P apps (Zelle, Venmo, Apple Cash), and crypto-assets, with focus on disputes, errors, and fraud.
• Fraud Recovery: Payment law strategies for scammed consumers to recover lost funds.
• Prepaid & Stored Value: Coverage of payroll, EBT, government benefit, college, and gift cards, alongside other stored-value accounts.

Account Administration, Checks & Bank Rights

• Check Law & Modern Scams: UCC application to modern check scams, mobile deposits, and check hold times.
• Account Fees & Rules: Overdraft and nonsufficient funds (NSF) fees, federal benefit payments, and direct deposits.
• Bank Compliance & Remedies: Account opening/closing, account freezes, bank KYC (Know Your Customer) and illicit finance monitoring duties, plus banker’s right of setoff and security interests in deposit accounts.

Remittances, Transfers & Electronic Signatures

• Money Transmitters & Transfers: Rules for international remittances, wire transfers, and state laws governing check cashers and money transmitters.
• Electronic Signatures: Dedicated chapter on electronic signatures and records under E-Sign and UETA.

Praise

"The National Consumer Law Center has come to the rescue of lawyers handling consumer cases. The Series has the answers for the myriad questions that can arise. The analysis of the law contains an extensive study of state statutes and generous footnotes citing case law in every state." — Texas Bar Journal