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CFPB to focus on overdraft fees, Capital One first to eliminate
Dec 01, 2021The Consumer Financial Protection Bureau (CFPB) is enhancing its enforcement scrutiny of banks that are “heavily dependent” on overdraft and non-sufficient funds (NSF) fees after research by the government watchdog found banks pulled in an estimated $15.47 billion in 2019 via these penalties. According to a Wednesday report from the CFPB, three banks in particular—JPMorgan […]
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Amid supply constraints, proptech Lessen achieves unicorn status
Nov 30, 2021 -
Early wage access brings financial inclusion to the underbanked, underserved
Nov 29, 2021 -
Marqeta partners with Mastercard, Paycast in new card product launch
Nov 24, 2021 -
Computer Vision is boon for proptech: an exclusive with Quantarium CEO
Nov 24, 2021 -
Tide combats “switch fatigue”, opens business banking suite to rival banks
Nov 24, 2021 -
Payhawk rakes in $112M raise for corporate spend management
Nov 23, 2021 -
Klarna eyes US Market with “Klarna Card” and “Pay Now” services
Nov 23, 2021 -
Investment app for kids EarlyBird snags $4M Seed Round
Nov 22, 2021