fees

Federal Reserve Fines Green Dot $44 Million, Alleging Unfair Practices

Federal Reserve Fines Green Dot $44 Million, Alleging Unfair Practices
Federal Reserve Fines Green Dot $44 Million, Alleging Unfair Practices
July 19, 2024  |  Legal & Regulation

The Federal Reserve Board said Friday (July 19) that it fined Green Dot $44 million for unfair and deceptive practices and a deficient consumer compliance risk management...

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Neobanks See An Opportunity As Banks Move Away From Free Services
Neobanks See An Opportunity As Banks Move Away From Free Services
July 05, 2024  |  Banking

The arguably natural consequences of fee caps and limits on debit interchange — and the uncertainty of the regulatory climate — are now showing up...

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FTC Lawsuits Resulted in $324 Million in Refunds in 2023
FTC Lawsuits Resulted in $324 Million in Refunds in 2023
June 21, 2024  |  Disbursements

Federal Trade Commission (FTC) lawsuits resulted in over $324 million in refunds to consumers in 2023. Get the Full Story Complete the form to unlock...

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Report: Huawei May Exempt WeChat From In-App Transaction Fees
Report: Huawei May Exempt WeChat From In-App Transaction Fees
June 19, 2024  |  Mobile

Huawei is reportedly ready to let WeChat operate on Huawei’s mobile platform without sharing revenue. Get the Full Story Complete the form to unlock this...

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CFPB Late Fee Lawsuit Moved Back to DC Court
CFPB Late Fee Lawsuit Moved Back to DC Court
May 29, 2024  |  Legal & Regulation

This round of jurisdictional ping pong goes to the CFPB. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Airlines Sue DOT Over New Fee Disclosure Rules
Airlines Sue DOT Over New Fee Disclosure Rules
May 13, 2024  |  Legal & Regulation

Airlines are reportedly suing the U.S. Transportation Department (DOT) over new fee rules. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Federal Judge Blocks CFPB Rule Limiting Credit Card Late Fees
Federal Judge Blocks CFPB Rule Limiting Credit Card Late Fees
May 10, 2024  |  Credit Cards

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Banks Urge Fed to Withdraw Rule Lowering Cap on Debit Interchange Fees
Banks Urge Fed to Withdraw Rule Lowering Cap on Debit Interchange Fees
May 10, 2024  |  Bank Regulation

Beyond the Consumer Financial Protection Bureau (CFPB)’s new rule that would cap credit card late fees, banks are girding for the impact of the Federal...

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