overdraft protection

Digital Bank Chime Offers Overdraft Protection To Its 5M Customers

Digital Bank Chime Offers Overdraft Protection To Its 5M Customers
Digital Bank Chime Offers Overdraft Protection To Its 5M Customers
September 04, 2019  |  Digital Banking

Chime, a digital banking startup based in San Francisco, said it has reached a threshold of five million customers and plans to introduce a new...

READ MORE >
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...

READ MORE >
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...

READ MORE >
FCA Seeks Feedback On High-Cost Credit Products
FCA Seeks Feedback On High-Cost Credit Products
November 30, 2016  |  Regulation

The U.K.’s Financial Conduct Authority (FCA) announced Tuesday (Nov. 29) it is seeking evidence and feedback to further its work on high-cost credit, including a...

READ MORE >