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Ally Financial Cuts All Overdraft Fees

Ally Financial Cuts All Overdraft Fees

The $182 billion bank has removed the charges for all of its 2.3 million customers
Senators Reintroduce ‘Non-Discriminatory’ Bank Ruling

Senators Reintroduce ‘Non-Discriminatory’ Bank Ruling

Republican lawmakers want to stop banks with social screens for clients from getting government contracts
Traditional Lenders Outperform Fintechs in Consumer Lending

Traditional Lenders Outperform Fintechs in Consumer Lending

JD Power’s survey reveals high satisfaction with traditional banks that have moved into digital
Steel Industry Lenders Set Climate Demands for Sector

Steel Industry Lenders Set Climate Demands for Sector

Citi and Goldman Sachs among banks seeking to address emissions caused by steel industry
Borrowers Should Build a Record to Prepare for PPP Loan Forgiveness Appeals

Borrowers Should Build a Record to Prepare for PPP Loan Forgiveness Appeals

More than 182,000 PPP loan forgiveness applications are currently "under review" by the SBA
Post-Covid Sustainability Tops International Finance Forum Agenda

Post-Covid Sustainability Tops International Finance Forum Agenda

Nearly 500 leaders from finance, business, and academia attended the virtual meeting
Non-Profit Group Backs Digital Payments Firm with $15M

Non-Profit Group Backs Digital Payments Firm with $15M

US non-profit invests in Airtm in bid to open cross-border digital payments and foreign currency transactions in Latin America
Citizens, Cathay Buy Branches as HSBC Quits US Retail Banking

Citizens, Cathay Buy Branches as HSBC Quits US Retail Banking

HSBC’s departure is the result of a “lack of scale to compete”, company says
More Bank-Fintech Partnerships Emerge as Groups Embrace Digital

More Bank-Fintech Partnerships Emerge as Groups Embrace Digital

Customers Bank, Capital Bank and Community 1st Credit Union among the latest to embrace financial technology
Bank of America, Wells Fargo Hit Minority Investment Targets

Bank of America, Wells Fargo Hit Minority Investment Targets

The banking giants have fulfilled pledges made last year to boost investment in minority-owned banks and businesses
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