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Wells Fargo and Bank of America In the News for Bonus Announcement

Wells Fargo and Bank of America In the News for Bonus Announcement

Wells Fargo told employees they will receive a cash payment of $1,000 if they made less than $75,000 last year
Junk Fees are Causing Consumers to Switch Banks

Junk Fees are Causing Consumers to Switch Banks

Proposed rule to ban junk fees aims to remedy widespread concerns
Middle-income Americans Prepare for Recession

Middle-income Americans Prepare for Recession

Santander US reports 57% of consumer have delayed a financial decision due to inflation fears
CFPB plans to curb overdraft fees

CFPB plans to curb overdraft fees

The new rules could save consumers over $3.5 billion in fees per year
Scams Led to $486 Billion in Losses in 2023

Scams Led to $486 Billion in Losses in 2023

Nasdaq recommends closer collaboration between banks to prevent financial crimes
Nasdaq Report Raises Awareness and Scope of Financial Crime

Nasdaq Report Raises Awareness and Scope of Financial Crime

Over $3 Trillion of illicit funds went through the banking system last year
Consumers Plan to Reduce Spending in 2024

Consumers Plan to Reduce Spending in 2024

Inflation is continuing to affect how bank customers use their money, Bank of America has found
BPI Hits Out at Basel III Reforms

BPI Hits Out at Basel III Reforms

The BPI and ABA also released a statement saying the “changes would inflict serious harm”
Banking Exchange Hosts Online Discussion This Thursday on Banking & AI

Banking Exchange Hosts Online Discussion This Thursday on Banking & AI

This Thursday January 18 at 1:00 pm ET Banking-Exchange will host a live webinar with Soups Ranjan
ABA Criticizes Proposed Cut to Debit Card Fees

ABA Criticizes Proposed Cut to Debit Card Fees

President and CEO Rob Nichols said proposed rules threaten affordable deposit account products
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