The Office of the Comptroller of the Currency (OCC) isn’t satisfied with the progress Wells Fargo has made in reimbursing customers who might have been affected by scandals in its auto lending and mortgage units. “We are not comfortable where we are with them,” Joseph...
The Bancorp Bank, among the largest prepaid card issuers, will pay $2 million to settle claims that it charged fees higher than those disclosed to its customers. As reported in American Banker, the Federal Deposit Insurance Corp. (FDIC) put into place an order that said...
October 04, 2018
The Office of the Comptroller of the Currency (OCC) isn’t satisfied with the progress Wells Fargo has made in reimbursing customers who might have been affected by scandals in its auto lending and mortgage units. “We are not comfortable where we are with them,” Joseph Otting, chief of the OCC, told senators at a hearing […]
March 08, 2018
The Bancorp Bank, among the largest prepaid card issuers, will pay $2 million to settle claims that it charged fees higher than those disclosed to its customers. As reported in...