overdraft protection

Digital Bank Chime Offers Overdraft Protection To Its 5M Customers
Digital Bank Chime Offers Overdraft Protection To Its 5M Customers
September 04, 2019  |  Digital Banking

Chime, a digital banking startup based in San Francisco, said it has reached a threshold of five million customers and plans to introduce a new...

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CFPB To Review Fed’s 2009 Overdraft Rule
CFPB To Review Fed’s 2009 Overdraft Rule
May 13, 2019  |  CFPB

The Consumer Financial Protection Bureau (CFPB) announced that is reviewing the Federal Reserve‘s overdraft protection rule to find out if it “should be amended or...

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Legislation Would Ban Banks From Overdraft Fees On Debit, ATM Transactions
Legislation Would Ban Banks From Overdraft Fees On Debit, ATM Transactions
August 03, 2018  |  Banking

Sen. Cory Booker has proposed legislation that would prohibit financial institutions from charging overdraft fees on debit card transactions and ATM withdrawals. The bill would...

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FCA Seeks Feedback On High-Cost Credit Products
FCA Seeks Feedback On High-Cost Credit Products
November 30, 2016  |  Regulation

The U.K.’s Financial Conduct Authority (FCA) announced Tuesday (Nov. 29) it is seeking evidence and feedback to further its work on high-cost credit, including a...

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