overdrafts

Financial Services Regulation in 2025: More of the Same or Radical Shift?
Financial Services Regulation in 2025: More of the Same or Radical Shift?
December 24, 2024  |  Regulation

This year was marked by a steady drumbeat of regulations and rules — and requests from regulators for information and comments from financial services players...

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Trump 2.0 Expected to Pursue Regulatory Rollbacks at CFPB
Trump 2.0 Expected to Pursue Regulatory Rollbacks at CFPB
December 19, 2024  |  CFPB

A flurry of announcements and proposals from the Consumer Financial Protection Bureau in the weeks leading up to — and after — November’s election begs...

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CFPB’s Overdraft Rule May Move Banks to Cut Services and a ‘Credit Lifeline’ for Consumers
CFPB’s Overdraft Rule May Move Banks to Cut Services and a ‘Credit Lifeline’ for Consumers
December 12, 2024  |  Consumer Finance

The new (and reportedly final) rule on overdraft fees may have consumer groups — and consumers — cheering. Get the Full Story Complete the form...

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CFPB Unveils Overdraft Fee Regulations for Large Banks and Credit Unions
CFPB Unveils Overdraft Fee Regulations for Large Banks and Credit Unions
December 12, 2024  |  CFPB

Nearly a week after a federal judge blocked a cap on “junk fees,” the Consumer Financial Protection Bureau is overhauling overdraft fee regulations for large...

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CFPB: Navy Federal CU Fined $95 Million for Alleged Illegal Overdraft Fees
CFPB: Navy Federal CU Fined $95 Million for Alleged Illegal Overdraft Fees
November 07, 2024  |  Bank Regulation

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...

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Chime’s Free Overdraft Feature Extended $30 Billion to Users
Chime’s Free Overdraft Feature Extended $30 Billion to Users
October 01, 2024  |  Digital-First Banking

FinTech firm Chime says it has covered billions in overdrafts for its users. Get the Full Story Complete the form to unlock this article and enjoy...

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Overdraft Revenue Dwindles: Tech Solutions Emerge Amid Regulatory Headwinds
Overdraft Revenue Dwindles: Tech Solutions Emerge Amid Regulatory Headwinds
September 24, 2024  |  Banking

Last year, overdraft fees charged by banks — representing a revenue stream tied to account use — slipped by 24% to $5.8 billion. Get the...

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Discover Unveils Overdraft Protection for Debit Card Customers
Discover Unveils Overdraft Protection for Debit Card Customers
July 08, 2024  |  Next-Gen Debit

Discover debuted a new overdraft protection tool for its debit card customers. Get the Full Story Complete the form to unlock this article and enjoy...

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Nearly 1 in 5 Middle Market CFOs Tap Bank Credit Lines for Working Capital
Nearly 1 in 5 Middle Market CFOs Tap Bank Credit Lines for Working Capital
February 13, 2024  |  Loans

The adoption of external working capital solutions has surged among growth corporates — commonly referred to as middle-market firms — in North America. This trend...

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