Bank Fees

CFPB Terminates 2022 Consent Order Against Wells Fargo
CFPB Terminates 2022 Consent Order Against Wells Fargo
January 28, 2025  |  Bank Regulation

Wells Fargo has announced the termination of its 2022 consent order with the Consumer Financial Protection Bureau (CFPB) related to automobile lending, consumer deposit accounts...

READ MORE >
CFPB Issues Guidance Targeting Banks’ ‘Phantom Opt-In Agreements’
CFPB Issues Guidance Targeting Banks’ ‘Phantom Opt-In Agreements’
September 17, 2024  |  Bank Regulation

The Consumer Financial Protection Bureau (CFPB) aims to stop banks from charging overdraft fees based on what it calls “phantom opt-in agreements” — cases in...

READ MORE >
Chase Faces Lawsuit Over Fees on Deposited Checks That Bounce
Chase Faces Lawsuit Over Fees on Deposited Checks That Bounce
February 21, 2024  |  Legal

JPMorgan Chase is facing a lawsuit over fees for deposited checks that bounce. Get the Full Story Complete the form to unlock this article and...

READ MORE >
CFPB Faces Crucial Supreme Court Decision on Funding in 2024
CFPB Faces Crucial Supreme Court Decision on Funding in 2024
December 27, 2023  |  CFPB

The Consumer Financial Protection Bureau (CFPB) is reportedly set to face a crucial year in 2024 as the Supreme Court’s decisions loom over its plans...

READ MORE >
Citi Streamlines Retail Offering as Personal Banking Income Grows 11%
Citi Streamlines Retail Offering as Personal Banking Income Grows 11%
August 23, 2023  |  Banking

Citi has introduced a series of new offerings designed to streamline its retail banking business. Get the Full Story Complete the form to unlock this article...

READ MORE >
Overdraft Fees Plummet as Banks, FinTechs Find Value in Monetizing ‘Alerts’
Overdraft Fees Plummet as Banks, FinTechs Find Value in Monetizing ‘Alerts’
May 31, 2023  |  Banking

Overdraft fees have been a hot button issue in financial services.  Get the Full Story Complete the form to unlock this article and enjoy unlimited...

READ MORE >
CFPB Levies Record $3.7B Fine on Wells Fargo
CFPB Levies Record $3.7B Fine on Wells Fargo
December 20, 2022  |  Regulation

The CFPB fined Wells Fargo a $3.7 billion fine for its handling of loans and banking programs. Get the Full Story Complete the form to...

READ MORE >
Italy Considering Tax to Reduce Bank Fees on Merchant Digital Payments
Italy Considering Tax to Reduce Bank Fees on Merchant Digital Payments
December 07, 2022  |  Regulation

Italy’s ruling coalition may deploy a tax on banks in its fight against digital payments.  Get the Full Story Complete the form to unlock this...

READ MORE >
Banks Cut Neobanks’ First Mover Advantage on Fees and Tech
Banks Cut Neobanks’ First Mover Advantage on Fees and Tech
October 21, 2022  |  Digital-First Banking

In business, sometimes, the strategy is to be first — jumping into markets with new products and services, striving to capture consumers’ mind share, wallet...

READ MORE >