Canada’s federal budget, released this week, includes a proposal to limit the fees that banks charge customers for overdrawing their accounts. This move is expected...
Chime’s fee-free overdraft feature, SpotMe, is now available when members use the Chime Secured Credit Builder Visa Credit Card, in addition to debit card purchases and cash...
Overdraft usage in the U.K. has increased by 7.1% since August 2021. This surge, according to a study of 20,000 ClearScore users who opted to...
For most American adults who rely on banks or credit unions to meet their financial needs, it may come as a surprise that 6 percent...
U.K. challenger bank Starling Bank continues to revamp its small business lending strategy with the launch of proprietary SMB loan services, the company announced on...
Bank of America has reached a settlement in a lawsuit over extended overdraft fees, agreeing to pay consumers $66.6 million. Citing a court filing, CNBC...
TCF National Bank is getting sued by the Consumer Financial Protection Bureau (CFPB), which contends that the bank tricked consumers into overdraft services that were...
The CFPB is casting a critical eye on overdraft fees charged by banks — despite facing an uncertain future in the Trump administration. The Dodd-Frank-enabled consumer...
Overdraft fees are big business for banks in the U.S., with the Pew Charitable Trust finding the top banks charged a combined $11.6 billion in...