US Moves Toward Expanding Reg E to Address Payment Fraud
Fraud Expert Ken Palla on Recent Legislative Efforts and Regulatory ScrutinyRecent developments suggest the U.S. is taking a more serious approach to holding faster payments platforms accountable for scams. It's unlikely any changes will occur before the November U.S. election, but the move toward more regulation is a good start, said Ken Palla, retired MUFB Bank director.