The Debt Collection Improvement Act of 1996 required
A) That Regulation E include make provisions for late payments
B) That debtors be given 90 days notice before foreclosure
C) That the U.S. government payments to individuals be done electronically
D) That banks notify retail customers of their account status when payments are overdue
Correct Answer:
Verified
Q13: W.I.F.T. is used primarily for communications dealing
Q14: Electronic banking began in the United States
Q15: Retail electronic banking refers to
A) cash withdrawals
Q16: The most visible means of electronic banking
Q17: Most ATM systems today are
A) Part of
Q18: Electronic billing requires the billing firm to
A)
Q20: An "open system electronic purse" refers to
A)
Q21: Brassage refers to
A) The metal used in
Q22: Real-term Gross Settlement is used by
A) Fedwire
B)
Q23: Same-day settlement for large-dollar transfers
A) Multilateral netting
B)
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