Understanding Reg E & Z
Understanding Reg E & Z
The Hidden Costs of Reg E & Z: What’s Really at Risk for Your Business
The digital payment revolution has transformed how we handle money. From mobile wallets to BNPL, consumers have more ways than ever to pay — and fraudsters have more ways to strike.
That’s why Regulations E and Z (Reg E and Z) exist. These federal safeguards protect consumers and financial institutions from unauthorized transactions. But their complexity creates serious compliance challenges that put businesses at risk.
The stakes? Customer trust, legal battles, hefty fines and regulatory scrutiny that can cripple operations. In extreme cases, repeated violations can force businesses to close their doors.
As recent high-profile bank failures show, strong compliance isn’t optional — it’s survival. The Everest Group urges financial institutions to act now, explaining, “Failures of major banks such as Silicon Valley Bank, Credit Suisse, Silvergate Bank and First Republic Bank highlighted the urgent need for continuous investment in legal, risk, audit and compliance functions amid rising inflation and asset/liability mismatches.”
Our Fincrime + Compliance experts have prepared a guide to help you protect your business and customers.
Download the white paperReferences
