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CFPB Proposes Ban of Non-Sufficient Funds Fees

CFPB Proposes Ban of Non-Sufficient Funds Fees

The new proposal forms part of CFPB’s work to prohibit all junk fees
Federal Reserve Board to End Bank Term Funding Program

Federal Reserve Board to End Bank Term Funding Program

The program provides an additional source of liquidity to banks
United Kingdom Not Quite Ready for Digital Cash

United Kingdom Not Quite Ready for Digital Cash

The British government has pushed off the decision to go forward with a digital pound until at least 2025
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
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