California banking law

How to Dispute Unauthorized Zelle Transfers and Recover Funds Under California Banking Law

How to Dispute Unauthorized Zelle Transfers and Recover Funds Under California Banking Law

Under California banking rules and federal EFTA protections, many consumers can recover money from an unauthorized Zelle transfer—often with a required “provisional credit” during the bank’s investigation. Zelle disputes are frequently denied because banks misclassify scams as “authorized,” but California’s consumer-protection framework can still matter. This article explains deadlines, evidence, demand strategy, and when to […]

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How to Comply with the FDIC’s 2024 Brokered Deposits Rule When Using Fintech Deposit Sweep Programs in California

How to Comply with the FDIC’s 2024 Brokered Deposits Rule When Using Fintech Deposit Sweep Programs in California

California banks and fintech partners must reassess deposit sweep programs under the FDIC’s 2024 brokered deposits rule, which expands and clarifies when third-party facilitated deposits are “brokered.” In California’s fintech-heavy market, sweep structures (including FBO accounts and app-based cash management) can trigger brokered deposit treatment if the facilitator is deemed a “deposit broker” or a

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