An electronic fund transfer (EFT) is fairly straightforward: It refers to the electronic transfer of money between banks, people and companies.

A Systematic Transfer Plan (STP) in mutual funds involves transferring a fixed amount or units from one mutual fund to another at regular intervals, typically from debt funds to equity funds.

ACH is short for “automated clearinghouse,” the Federal Reserve’s system used to transfer funds between financial accounts in the United States. ACH transfers are generally quick and easy to ...

Automatic Funds Transfer Services, Inc. (AFTS) of Seattle was the victim of a ransomware attack in early February that may have compromised information provided to AFTS by the DMV, including the ...