Wells Fargo is gearing up to unveil a mobile transaction plan that could enable customers to withdraw cash from ATMs as early as this spring without a debit card. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Wells Fargo said it is putting the final touches on a new compensation plan, as it continues to rebuild its reputation and win back customers in the new year, post-scandal. The Wall Street Journal reported that the plan will replace the old sales goals that put the...
Cash withdrawals set a record on Dec. 23 in the U.K., with Brits withdrawing £730 million from LINK cash machines. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Turns out, it’s not only big U.S. banks that are charging their customers fees. According to a Pew Charitable Trusts study, small banks are guilty as well. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Overdraft fees are big business for banks in the U.S., with the Pew Charitable Trust finding the top banks charged a combined $11.6 billion in overdraft fees and insufficient fund fees last year. Get the Full Story Complete the form to unlock this article and...
Embattled Wells Fargo announced Friday (Dec. 16) retail banking customer activity data for November showed total branch interactions were down 5 percent when compared to October and down 3 percent year over year. Get the Full Story Complete the form to unlock this article and...
The Consumer Financial Protection Bureau said Wednesday (Dec. 14) that fees and risk can be hallmarks of college-sponsored financial products. In a new report analyzing 500 marketing pacts that exist between schools and banks, the bureau stated that it “found that many deals allow for...
Rep. Elijah E. Cummings (D-MD), Ranking Member of the House Committee on Oversight and Government Reform, and Sen. Elizabeth Warren (D-MA) sent a letter to the chief executive of Prudential Financial requesting a briefing and documents having to do with press reports that Wells Fargo...
The U.S. may have the strongest economy in the world, but resent studies suggest that the country’s consumers are desperate for healing when it comes to their financial health. But where should they go for help? PYMNTS hosted a digital discussion with industry experts to...
