Cash can be held, and payments can be made, using three different media: small sheets of paper (currency and checks), plastic cards, and electronic systems. Plastic and electronic systems offer convenience as well as a variety of risks not found with the use of cash and checks To guard yourself against these new threats, you must know what protections are available, use them as appropriate, and exercise proper diligence and caution to avoid losses. Federal and state regulations provide legal protections for individuals and institutions using electronic banking devices. What are two sources of federal regulations that provide guidelines for the use of ATM and debit cards? The sources of federal regulations that affect the use of electronic monetary management payment media are: O The Electronic Monetary Management Act and the Federal Reserve Board's Regulation B O The Debit and Credit Card Usage Protection Act and the Federal Reserve Board's EFT Regulation Act O The Electronic Funds Transfer Act and the Federal Reserve Board's Regulation The devices used in electronic money management, and addressed by these regulations, include: Knowledge of the key safeguards provided by these regulations can often protect you adA Sand cont cares Istantial Inccac An your accounts. Let's discuss these protections further. Bank buildings and checks Read the following statements and determine which, if any, are required by federal and state regulations with regard to lost or stolen debit -cards. Check all that apply. The Debit and Credit Card Usage Protection Act and the Federal Reserve Board's EFT Regulation Ad O The Electronic Funds Transfer Act and the Federal Reserve Board's Regulation E The devices used in electronic money management, and addressed by these regulations, include: ATMs and debit cards Knowledge of the key safeguards provided by these regulations can often protect you a your accounts. Let's discuss these protections further. stantial losses on Bank buildings and checks Read the following statements and determine which, if any, are required by federal and state regulations with regard to lost or stolen debit cards. Check all that apply. A customer may be liable for a $50 loss due to unauthorized withdrawals if their card is lost or stolen and the customer reports the loss to the financial institution within two business days. A customer is responsible for any unauthorized withdrawals if their card is lost or stolen, regardless of how quiddy they report the lost card. A customer may be liable for up to a $500 loss due to unauthorized withdrawals if their card is lost or stolen and the customer reports the loss to the financial institution between 3 and 59 days