Four trade associations and three banks are pursuing legal action against the Consumer Financial Protection Bureau’s (CFPB) final rule on overdraft services, which was released...
President-elect Donald Trump and congressional Republicans are reportedly considering sweeping changes to the Consumer Financial Protection Bureau (CFPB). Get the Full Story Complete the form...
The government has ordered America’s largest credit union to repay its customers $80 million. Get the Full Story Complete the form to unlock this article...
Last year, overdraft fees charged by banks — representing a revenue stream tied to account use — slipped by 24% to $5.8 billion. Get the...
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...
Canada’s federal budget, released this week, includes a proposal to limit the fees that banks charge customers for overdrawing their accounts. Get the Full Story...
California state lawmakers are considering legislation that would limit the number of overdraft fees credit unions (CUs) can charge their members. Get the Full Story...
Call it a form of fixed pricing in the banking industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited...