fees

NY Rep Tries Again With Small Business Credit Card Act
NY Rep Tries Again With Small Business Credit Card Act
May 02, 2018  |  B2B Payments

Acknowledging Small Business Week, New York Congresswoman Nita Lowey (D-NY12/Rockland-Westchester) introduced legislation into Congress to expand consumer credit card protections for small businesses. Reports in...

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Paying City Hall, At The Kiosk And Beyond
Paying City Hall, At The Kiosk And Beyond
February 27, 2018  |  Payment Methods

You can’t fight city hall, goes the saying, but there are new ways to pay city hall. News came earlier this month that Chicago’s finance...

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Today In Data: Workplace AI, Faster Payments’ Proliferation And Snap Shares Are Up
Today In Data: Workplace AI, Faster Payments’ Proliferation And Snap Shares Are Up
February 07, 2018  |  Today In Data

Today in PYMNTS data, finance professionals are using artificial intelligence (AI) in the workplace, payment speeds have varying impacts on different-sized businesses, Snap shares officially...

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CFPB Delays Prepaid Card Rule Implementation For A Year
CFPB Delays Prepaid Card Rule Implementation For A Year
January 25, 2018  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has extended the effective date on its 2016 prepaid card rule, among other modifications announced today (Jan. 25). The...

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BoA Faces Backlash After Eliminating Free Checking
BoA Faces Backlash After Eliminating Free Checking
January 23, 2018  |  Banking

Bank of America is facing backlash from customers who’re getting shut out of the company’s free checking account offering. According to news from CNBC, citing Mel...

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Federal Appeals Court Revives Class-Action Suit Against Capital One
Federal Appeals Court Revives Class-Action Suit Against Capital One
December 01, 2017  |  Legal

A federal appeals court has revived a proposed class-action lawsuit accusing Capital One Financial Corp. of imposing illegal overdraft fees on customers. According to news...

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China Clamps Down On Online Micro-Lenders
China Clamps Down On Online Micro-Lenders
December 01, 2017  |  Loans

The Chinese government’s financial regulators have distributed new rules to local governments, targeting the fast-growing online micro-lending industry. According to news from Reuters, under the new...

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BOA Pays $66.6M To Settle Overdraft Fees Lawsuit
BOA Pays $66.6M To Settle Overdraft Fees Lawsuit
November 03, 2017  |  Legal

Bank of America has reached a settlement in a lawsuit over extended overdraft fees, agreeing to pay consumers $66.6 million. Citing a court filing, CNBC...

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Uber Slaps Another New Fee On The Customer
Uber Slaps Another New Fee On The Customer
October 25, 2017  |  Ridesharing

Uber is hitting passengers with some new fees, created to entice drivers who don’t want to wait for slow passengers, drive longer distances for out-of-the-way...

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