CFPB (Consumer Financial Protection Bureau)
The Consumer Financial Protection Bureau (CFPB) is a government agency that is responsible for protecting consumers from questionable financial practices.Learn More
ARC (Accounts Receivable Entry)
An ARC entry is a one time debit entry to the account of a receiver whom has previously been notified that their check (source document) will be converted into a single entry ACH transaction. The receiver must provide the source document to the originator via a drop box location or through the U.S. mail.
TILA (Truth in Lending Act)
The Truth in Lending Act requires the full disclosure of finance charges and terms with regard to costs associated with borrowing.Learn More