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A service for finance industry professionals · Sunday, March 30, 2025 · 798,410,545 Articles · 3+ Million Readers
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Account Overdraft News Monitoring

  • Published on Mar 27, 2025

    Republicans Vote to Let Banks Screw Over Working Americans

    The Senate voted 52-48 to repeal a Biden-era rule capping bank and credit union overdraft fees at $5 The Consumer Financial Protection Bureau (CFPB) instituted a $5 cap on overdraft fees under President Joe Biden. Thankfully for major banking institutions …

    Source: Rolling Stone - Left-wing
  • Published on Mar 27, 2025

    Senate votes to cancel Biden-era rule capping bank overdraft fees

    The Senate voted to cancel a rule finalized under former President Joe Biden that capped overdraft fees at large banks and credit unions. The Senate voted 52-48 on Thursday to pass the joint resolution, introduced by Banking Committee Chairman Tim Scott (R …

    Source: The Gazette - Colorado - Neutral
  • Published on Mar 27, 2025

    Senate votes to nullify CFPB overdraft rule

      WASHINGTON — The Senate Thursday voted to overturn the Consumer Financial Protection Bureau's overdraft rule that would cap the overdraft fees that many banks can charge customers at $5.  The full Senate voted 52-48 to pass the Congressional Review …

    Source: American Banker - New York - Neutral
  • Published on Mar 27, 2025

    'While No One Is Watching,' Senate GOP Makes It Easier for Wall Street Banks to Gouge Working Families

    All but one Republican in the U.S. Senate voted Wednesday night to pass a joint resolution that would nullify a cap on overdraft fees, a protection put in place by the Consumer Financial Production Bureau to prevent Wall Street banks from making billions …

    Source: Common Dreams - Left-wing
  • Published on Mar 27, 2025

    Senate votes to repeal CFPB’s limits on excessive bank overdraft fees

    Blocking the CFPB’s Rule will cost economically vulnerable families billions in unfair fees  WASHINGTON DC – The Senate voted today to repeal a new rule adopted by the Consumer Financial Protection Bureau that limits steep overdraft fees charged by large …

    Source: Consumer Reports - Label Pending
  • Published on Mar 27, 2025

    Monzo, Revolut, Starling or Chase? We compare the best digital bank accounts

    DIGITAL banks are growing in popularity, as people switch to take advantage of perks such as fee-free overseas spending, budgeting and savings tools, and better customer service.  These online-only providers offer services through apps and websites and don …

    Source: The Sun - Right-wing
  • Published on Mar 26, 2025

    Georgia leaders fighting rule to cap overdraft fees

    ATLANTA — If you’ve ever paid an overdraft fee, you know you can end up in a big financial hole quickly. Those fees were supposed to be capped at five dollars starting in six months until many Republican lawmakers made a push to stop it. [DOWNLOAD: Free …

    Source: WSBTV - Georgia - Neutral
  • Published on Mar 27, 2025

    Senate Republicans vote to let banks gouge customers with higher overdraft fees

    The U.S. Senate just advanced a resolution on a party-line vote to give banks more leeway to charge customers exorbitant fees if they don't have enough money in their accounts. On Wednesday, senators passed a bill by Sen. Tim Scott (R-S.C.), who chairs …

    Source: AlterNet - Left-wing
  • Published on Mar 26, 2025

    Why Zumax Nigeria Sued Central Bank of Nigeria

    Zumax Nigeria Limited, a Nigerian oil and gas company, has filed a lawsuit against the Central Bank of Nigeria (CBN) over alleged gross negligence in a long-standing receivership dispute. The case, brought before Justice Akintoye Aluko of the Federal High …

    Source: TechEconomy - Neutral
  • Published on Mar 25, 2025

    Changing banks ‘switching from one devil for the next’

    By ANNELIA NIXON Tribune Business Reporter anixon@tribunemedia.net Changing commercial banks is equivalent to “switching one devil for the next”, business owners argued yesterday, asserting that their fee and account opening experience is far different …

    Source: The Tribune (Bahamas) - Neutral
  • Published on Mar 25, 2025

    How to deposit cash into a bank account​

    Depositing cash into your bank account might seem like a straightforward task, but there are a few ways to do it, and each comes with its own set of considerations. Choosing the right method can save you time, hassle, and even money. Here's what you …

    Source: Yahoo Finance - Label Pending
  • Published on Mar 25, 2025

    The 8 Largest Banks in the U.S. by Assets: Trillions Accumulated

    TEMPO.CO, Jakarta - The United States, a global economic powerhouse, relies on its leading banks to manage and drive its vast financial system. The major banks in the U.S. provide substantial support for both domestic interests and international …

    Source: Tempo.co - Neutral
  • Published on Mar 25, 2025

    Financial Advice: Effective Bank Account Management Strategies

    In an era where many individuals struggle with poor banking habits, leading to overdrafts, excessive charges, and financial hardship, mastering the art of bank account management has become increasingly vital. By adopting sound bank account management …

    Source: Biz Watch Nigeria - Uncategorized
  • Published on Mar 26, 2025

    Grazzy, U.S. Bank Debit Card Program Simplifies The Way Tipped Employees Earn And Receive Digital Tips

    (MENAFN- PR Newswire) Initiative provides easier access to banking for hourly employees, even those without existing accounts. AUSTIN, Texas, March 26, 2025 /PRNewswire/ -- Grazzy , a leading digital tipping platform, has joined with U.S. Bank to …

    Source: MENAFN - Uncategorized
  • Published on Mar 29, 2025

    Daily Financial Regulation Update -- Friday March 28, 2025

    Congress U.S. Senate Committee on Banking, Housing and Urban Affairs Senate Passes Repeal of CFPB Overdraft Rule March 27, 2025 The U.S. Senate passed a Congressional Review Act resolution to overturn the Consumer Financial Protection Bureau’s final rule …

    Source: JD Supra - California - Neutral
  • Published on Mar 25, 2025

    NJ delegation: Vote 'no' on overturning overdraft fee protections

    Zachary Harris, a former employee of the Consumer Financial Protection Bureau (CFPB), advocates for the agency's continued existence, highlighting its role in protecting consumers from financial abuse. Harris cites a case where the CFPB helped a woman …

    Source: New Jersey Herald - Neutral
  • Published on Mar 27, 2025

    Interchange fees reform could risk worsening debanking

    The debate around “debanking” — the practice of financial institutions denying or withdrawing banking services from certain individuals — has surged to the forefront of policy discussions in the US, but has been bubbling under in other European markets. …

    Source: Payments cards & mobile - Neutral
  • Published on Mar 27, 2025

    Business Email Compromise, ACH Transactions, and Liability

    Any business today sends, receives and pays invoices for goods and services. In almost every case, these invoices and payments are sent, approved and paid electronically. Such electronic invoices, with modern payment systems including wire transfers, ACH …

    Source: Security Boulevard - Label Pending
  • Published on Nov 25, 2024

    Best Business Checking Accounts for April 2025

    The best checking account for your business will keep your personal and professional transactions separate. To help you narrow down the best option, we highlighted why each of our top picks may be appealing. For example, we have a top pick for people who …

    Source: Business Insider - Neutral

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