banking fees

FTC Accuses Digital Banking Platform Dave of Charging Undisclosed Fees to Users
FTC Accuses Digital Banking Platform Dave of Charging Undisclosed Fees to Users
November 06, 2024  |  Regulation

The name of online banking platform Dave suggests a dependable friend. But after fielding consumer complaints, a regulator says Dave’s cash advance app is not...

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CFPB: Colleges Need to Protect Students From ‘Junk Fees’
CFPB: Colleges Need to Protect Students From ‘Junk Fees’
October 13, 2022  |  CFPB

America’s colleges have more work to do when it comes to protecting students from so-called “junk fees,” the Consumer Financial Protection Bureau (CFPB) said Thursday...

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The Challenges Challenger Banks Must Overcome To Compete
The Challenges Challenger Banks Must Overcome To Compete
November 11, 2019  |  Banking

Challenger banks — financial firms offering something much like banking services, and looking to compete with old-school banks — are a new idea. The basic...

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T-Mobile Pilots T-Mobile Money
T-Mobile Pilots T-Mobile Money
November 29, 2018  |  Mobile Applications

T-Mobile is considering launching a mobile banking service called T-Mobile Money, which comes with benefits for the company’s wireless customers. According to 9to5Google, T-Mobile Money...

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CFOs Brace For Loan Disruption Amid Accounting Changes
CFOs Brace For Loan Disruption Amid Accounting Changes
October 11, 2018  |  B2B Payments

Corporates are gearing up to manage a whole slew of accounting standards changes in the coming years, but one of the more immediate effects involves how...

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Wells Fargo Refunding Customers For Add-On Products
Wells Fargo Refunding Customers For Add-On Products
July 19, 2018  |  Banking

Wells Fargo, the embattled national bank, is reportedly refunding tens of millions of dollars for a range of products, including pet insurance and legal services....

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Citizens Debuts Digital Bank
Citizens Debuts Digital Bank
July 11, 2018  |  Digital Banking

Citizens Financial Group announced the launch of its nationwide, direct-to-consumer digital bank. Citizens Access safely and securely offers Member FDIC-insured online savings and CD accounts with...

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Consumers Paid $34.3B In Overdraft Fees In 2017
Consumers Paid $34.3B In Overdraft Fees In 2017
March 29, 2018  |  Banking

Overdraft fees have reached their highest level since 2009, which was at the end of the Great Recession. Consumers paid $34.3 billion in overdraft fees...

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BoA Puts The Kibosh On Free Checking Accounts For Low-Balance Customers
BoA Puts The Kibosh On Free Checking Accounts For Low-Balance Customers
January 23, 2018  |  Banking

The Bank of America has reportedly done away with a free checking account that was popular among low-balance customers, forcing them to save more money...

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