Bank Fees

Italy Considering Tax to Reduce Bank Fees on Merchant Digital Payments

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  |  Legal & 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...

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Banks Cut Neobanks’ First Mover Advantage on Fees and Tech
Banks Cut Neobanks’ First Mover Advantage on Fees and Tech
October 21, 2022  |  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...

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PNC Bank Ends NSF Fees on Consumer Deposit Accounts, Furthers No-Fee Trend 
PNC Bank Ends NSF Fees on Consumer Deposit Accounts, Furthers No-Fee Trend 
August 11, 2022  |  Banking

Joining many other banks that have eliminated some fees in recent months, PNC Bank has announced that it will no longer charge non-sufficient fund (NSF)...

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Wells Fargo To Offer Bank Accounts With Capped Overdraft Fees
Wells Fargo To Offer Bank Accounts With Capped Overdraft Fees
March 03, 2020  |  Banking

Ahead of its scheduled congressional hearings in the coming week, Wells Fargo & Co. debuted the concept of two new bank accounts that set limits on the...

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HSBC, Santander To Reimburse Overdraft Fees After Failing To Alert Customers
HSBC, Santander To Reimburse Overdraft Fees After Failing To Alert Customers
December 02, 2019  |  Banking

HSBC and Santander UK will refund the overdraft fees of more than 115,000 customers. Get the Full Story Complete the form to unlock this article...

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David Marcus Defends Libra As Payments Champion For The Unbanked
David Marcus Defends Libra As Payments Champion For The Unbanked
July 03, 2019  |  Cryptocurrency

The co-creator of Facebook’s recently announced cryptocurrency, Libra, said the currency was created to help the unbanked population easily access the financial system, according to...

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UK Banks Make $3.03B In 2017 Overdraft Fees
UK Banks Make $3.03B In 2017 Overdraft Fees
December 18, 2018  |  Legal & Regulation

The Financial Conduct Authority (FCA) announced Tuesday (Dec. 18) that U.K. banks made more than $3.03 billion from charging overdraft fees last year. Get the...

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Macron, French Banks Agree Not To Raise Bank Fees
Macron, French Banks Agree Not To Raise Bank Fees
December 12, 2018  |  Europe

France’s major banks have agreed to freeze the fees they charge next year in an effort to stop “yellow vest” protests that have recently hit...

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