Bank Fees

Legislation Would Ban Banks From Overdraft Fees On Debit, ATM Transactions

Legislation Would Ban Banks From Overdraft Fees On Debit, ATM Transactions
Legislation Would Ban Banks From Overdraft Fees On Debit, ATM Transactions
August 03, 2018  |  Banking

Sen. Cory Booker has proposed legislation that would prohibit financial institutions from charging overdraft fees on debit card transactions and ATM withdrawals. Get the Full...

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Wells Fargo Refunding Customers For Add-On Products
Wells Fargo Refunding Customers For Add-On Products
July 19, 2018  |  Banking

Wells Fargo, the embattled national bank, is reportedly refunding tens of millions of dollars for a range of products, including pet insurance and legal services....

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UK Cash Usage Falls, ATM Fee Cuts Partially Canceled
UK Cash Usage Falls, ATM Fee Cuts Partially Canceled
July 17, 2018  |  Banking

ATM network operator LINK has partially canceled its plans to cut the fees that banks pay to British cash machines operators. Finextra reported that, earlier this...

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Data Dive — Déjà Vu Edition: Ripple, Wells Fargo And MoviePass
Data Dive — Déjà Vu Edition: Ripple, Wells Fargo And MoviePass
July 09, 2018  |  Today In Data

There are few experiences more disconcerting than the sudden onset of déjà-vu — the experience one is doing something they have done before. But when one spends...

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France To Regulate Bank Fees For The Underserved
France To Regulate Bank Fees For The Underserved
July 09, 2018  |  Banking

The government in France is working on a new plan to help the country’s poor in which it could cap the fees a bank can...

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Wells Fargo Hit With Lawsuit Over Financing Fees
Wells Fargo Hit With Lawsuit Over Financing Fees
July 02, 2018  |  Legal & Regulation

Wells Fargo is facing a new lawsuit, this time from the Texas jeweler J. Edwards Jewelry Distributing and the company’s president, John Silverman, for charging what...

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UK Cash Points Close Ahead Of ATM Interchange Fee Drop
UK Cash Points Close Ahead Of ATM Interchange Fee Drop
June 29, 2018  |  Banking

Ahead of a planned reduction in interchange fees, which card issuers pay for cash withdrawals at ATMs in the U.K., data from LINK indicates that...

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Blockchain’s Unassuming Threat To Banks
Blockchain’s Unassuming Threat To Banks
April 18, 2018  |  B2B Payments

FinTech innovation is often seen as a threat to the traditional banking status quo – at least, that is, until traditional FIs begin acquiring, partnering...

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