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...
JPMorgan Chase is facing a lawsuit over fees for deposited checks that bounce. In a lawsuit filed Wednesday (Feb. 21) against JPMorgan Chase, five customers...
The Consumer Financial Protection Bureau (CFPB) is reportedly set to face a crucial year in 2024 as the Supreme Court’s decisions loom over its plans...
Citi has introduced a series of new offerings designed to streamline its retail banking business. The new services, announced Wednesday (Aug. 23), come weeks after the banking giant...
Overdraft fees have been a hot button issue in financial services. But they’re less of a revenue source for banks — significantly less — than...
The CFPB fined Wells Fargo a $3.7 billion fine for its handling of loans and banking programs. The record penalty, announced Tuesday (Dec. 20), exceeds the...
Italy’s ruling coalition may deploy a tax on banks in its fight against digital payments. The coalition’s proposed tax on banks — which has been...
In business, sometimes, the strategy is to be first — jumping into markets with new products and services, striving to capture consumers’ mind share, wallet...
Joining many other banks that have eliminated some fees in recent months, PNC Bank has announced that it will no longer charge non-sufficient fund (NSF)...