overdraft fees

Sen. Warren Calls on Big Banks to End Overdraft Fees

Sen. Warren Calls on Big Banks to End Overdraft Fees
Sen. Warren Calls on Big Banks to End Overdraft Fees
May 04, 2022  |  Banking

U.S. Sen. Elizabeth Warren, the Massachusetts Democrat and former presidential candidate, has started pushing for an end to overdraft fees, Bloomberg reported Wednesday (May 4)....

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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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Top News in Payments: UK FCA Asks Banks To Explain High Overdraft Fees; Yandex Launches 15-Minute Grocery Delivery
Top News in Payments: UK FCA Asks Banks To Explain High Overdraft Fees; Yandex Launches...
January 28, 2020  |  News

In today’s top payments news, the U.K.’s Financial Conduct Authority (FCA) is questioning banks about a recent spike in overdraft fees, Yandex launches 15-minute grocery...

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UK FCA Asks Banks To Explain High Overdraft Fees
UK FCA Asks Banks To Explain High Overdraft Fees
January 28, 2020  |  Cross-border Payments

The U.K.’s Financial Conduct Authority (FCA) is questioning banks about recently-hiked overdraft fees, some as high as 40 percent and 10 times the cost of...

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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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CFPB To Review Fed’s 2009 Overdraft Rule
CFPB To Review Fed’s 2009 Overdraft Rule
May 13, 2019  |  CFPB

The Consumer Financial Protection Bureau (CFPB) announced that is reviewing the Federal Reserve‘s overdraft protection rule to find out if it “should be amended or...

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Lloyds Criticized For Increasing Overdraft Fees
Lloyds Criticized For Increasing Overdraft Fees
January 14, 2019  |  Banking

Lloyds Banking Group is being criticized for making its overdraft fees more expensive and complicated for its customers. Get the Full Story Complete the form...

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Banks Help Gov’t Workers Impacted By Shutdown
Banks Help Gov’t Workers Impacted By Shutdown
January 06, 2019  |  Banking

With the government shutdown continuing, banks in the U.S. have been stepping up to help, offering forbearance on loans and the associated fees. Get the...

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