Trump is bringing back higher credit card late feesThe Trump administration has removed the cap on late fees that credit card companies can charge, reversing a previous consumer protection rule.
Overdraft fees could be capped at $5 under new federal ruleNew CFPB rule caps overdraft fees at $5, potentially saving consumers up to $5 billion annually.
New Federal Rule Limits Overdraft Fees at Large BanksNew rule caps overdraft fees at large banks, helping consumers save on charges, but its future is uncertain under a potential Trump administration.
The CFPB cracks down on bank overdraft fees with this new ruleThe new regulation caps overdraft fees, aiming to save consumers $5 billion annually and increase transparency in banking practices.
ABA has significant concerns' with CFPB proposal to ban medical debt from credit reportsABA opposes CFPB's proposal to ban medical debt from credit reports, citing concerns over authority, evidence, and potential negative impacts on financial stability.
Trump is bringing back higher credit card late feesThe Trump administration has removed the cap on late fees that credit card companies can charge, reversing a previous consumer protection rule.
Overdraft fees could be capped at $5 under new federal ruleNew CFPB rule caps overdraft fees at $5, potentially saving consumers up to $5 billion annually.
New Federal Rule Limits Overdraft Fees at Large BanksNew rule caps overdraft fees at large banks, helping consumers save on charges, but its future is uncertain under a potential Trump administration.
The CFPB cracks down on bank overdraft fees with this new ruleThe new regulation caps overdraft fees, aiming to save consumers $5 billion annually and increase transparency in banking practices.
ABA has significant concerns' with CFPB proposal to ban medical debt from credit reportsABA opposes CFPB's proposal to ban medical debt from credit reports, citing concerns over authority, evidence, and potential negative impacts on financial stability.
Federal banking agencies seek to rescind 2023 CRA ruleThe CRA revisions aimed to modernize anti-redlining efforts but were withdrawn due to a lawsuit highlighting industry opposition.
Mortgages, medics and castles: essential articles for life in FranceMortgage rates in France have dropped recently, but strict income requirements and loan duration limits must be considered.
Elizabeth Warren calls Fed chair Jerome Powell a 'dangerous man' for supporting this regulation that would decrease controls over JP Morgan, Bank of America and Citibank, among othersThe Federal Reserve's new proposal significantly reduces the capital requirements for banks, raising concerns about future financial stability.
The Morning Risk Report: OCC Takes Shot at 'Woke Capital' LawsFederal anti-money-laundering rules supersede state laws on bank account closures for political reasons.
Bank of England delays rules designed to avoid banking crash by a yearBank of England delays Basel 3.1 banking reforms to January 2027 due to US implementation uncertainty and competitive concerns.
Elizabeth Warren calls Fed chair Jerome Powell a 'dangerous man' for supporting this regulation that would decrease controls over JP Morgan, Bank of America and Citibank, among othersThe Federal Reserve's new proposal significantly reduces the capital requirements for banks, raising concerns about future financial stability.
The Morning Risk Report: OCC Takes Shot at 'Woke Capital' LawsFederal anti-money-laundering rules supersede state laws on bank account closures for political reasons.
Bank of England delays rules designed to avoid banking crash by a yearBank of England delays Basel 3.1 banking reforms to January 2027 due to US implementation uncertainty and competitive concerns.
Americans paid $100B since 2008 to access their own money. I am petitioning the Fed to end this racketBanks profit from delaying money access, hurting those who live paycheck to paycheck.Outdated Federal Reserve regulations enable banks to hold onto funds longer than necessary.
A new CFPB rule could lower overdraft fees to just $5 - here's what that could mean for checking account customersOverdraft fees can significantly affect consumers financially; a new rule may cap these fees at $5 for large institutions starting October 2025.
Americans paid $100B since 2008 to access their own money. I am petitioning the Fed to end this racketBanks profit from delaying money access, hurting those who live paycheck to paycheck.Outdated Federal Reserve regulations enable banks to hold onto funds longer than necessary.
A new CFPB rule could lower overdraft fees to just $5 - here's what that could mean for checking account customersOverdraft fees can significantly affect consumers financially; a new rule may cap these fees at $5 for large institutions starting October 2025.
Warning over three-day delayed bank payments under new rulesNew rules may delay bank payments by up to three days to enhance fraud investigation and customer protection.
SurePay fights bank fraud with Okta's helpSurePay enhances bank fraud prevention and regulatory compliance via advanced payment verification systems, significantly reducing fraud incidents.
Ensuring Secure Transactions in Europe : Verification of Payee (VoP)VoP is crucial for preventing fraud in payment transactions, ensuring funds go to the right recipients.
Warning over three-day delayed bank payments under new rulesNew rules may delay bank payments by up to three days to enhance fraud investigation and customer protection.
SurePay fights bank fraud with Okta's helpSurePay enhances bank fraud prevention and regulatory compliance via advanced payment verification systems, significantly reducing fraud incidents.
Ensuring Secure Transactions in Europe : Verification of Payee (VoP)VoP is crucial for preventing fraud in payment transactions, ensuring funds go to the right recipients.
Banks don't want to inspect your home office, so they're forcing hundreds of employees to come in five days a weekBig banks prefer returning employees to the office rather than complying with new work-from-home regulations requiring home inspections.
Rachel Reeves fightback to woo the City: I'll ease banking regulationsEasing banking regulations is a key strategy for Rachel Reeves to regain trust and stimulate economic growth in the UK.
NatWest blocks bevy of messenger apps on staff devicesNatWest Group has officially banned a wide range of messaging apps to ensure regulated communications and protect itself from legal issues.
Singapore wants police to stop stubborn victims from sending money to scammersSingapore proposes Protection for Scams Bill to restrict online banking for scam victims amid rising financial crime.
Urgent purchase scam warning as shoppers start spending for ChristmasThe rise in purchase scams during holiday shopping seasons highlights the need for increased consumer awareness and protective measures against fraud.
A California senior lost $700,000 to crypto scammers. Now she's asking the state to slow bank transfersElderly woman scammed of $720,000 life savings in a cryptocurrency scam.Efforts underway to introduce legislation to prevent elder fraud and protect vulnerable individuals.
CEO Jamie Dimon: 'Time to Fight Back' Against Federal Rules | EntrepreneurJamie Dimon of JPMorgan Chase advocates against overlapping federal regulations, claiming they harm lower-income individuals and create unfair burdens for banks.
Urgent purchase scam warning as shoppers start spending for ChristmasThe rise in purchase scams during holiday shopping seasons highlights the need for increased consumer awareness and protective measures against fraud.
A California senior lost $700,000 to crypto scammers. Now she's asking the state to slow bank transfersElderly woman scammed of $720,000 life savings in a cryptocurrency scam.Efforts underway to introduce legislation to prevent elder fraud and protect vulnerable individuals.
CEO Jamie Dimon: 'Time to Fight Back' Against Federal Rules | EntrepreneurJamie Dimon of JPMorgan Chase advocates against overlapping federal regulations, claiming they harm lower-income individuals and create unfair burdens for banks.
Great white hope of EU capital market plans a bust, think tank saysReviving securitisation could risk taxpayer money without effectively increasing lending, as per Finance Watch's report.
If UK bank bosses demand uncapped bonuses then salaries must fall | Nils PratleyThe UK has abolished the banker bonus cap, allowing substantial increases in bonuses, but this may lead to complex pay restructuring within banks.
Great white hope of EU capital market plans a bust, think tank saysReviving securitisation could risk taxpayer money without effectively increasing lending, as per Finance Watch's report.
If UK bank bosses demand uncapped bonuses then salaries must fall | Nils PratleyThe UK has abolished the banker bonus cap, allowing substantial increases in bonuses, but this may lead to complex pay restructuring within banks.
CFPB finalizes 'open banking' rules for consumer data sharingNew rules by the CFPB enable consumer control over financial data, fostering competition in banking services.
NYC Businesses, Banks & ATMs Will Not Accept These Specific Dollar BillsU.S. dollar bills deemed 'mutilated' will no longer be accepted by banks, ATMs and businesses starting October 2024.
Opinion | How We Unintentionally Created the Affordable Housing CrisisThe U.S. housing crisis stems from a decline in small-dollar mortgage availability, exacerbated by well-intended banking reforms made post-financial crisis.
Biden Moves to Open U.S. Banks to Cuba's Private SectorSupporting Cuba's private sector growth through new banking regulations announced by the Biden administration.
The Fed's End-Run Around Democracy to Promote Green PoliciesThe Federal Reserve is pushing green policies on American banks through Climate Stress Tests and Climate Risk Management.
Banc of California Selling $2B in Resi LoansBanc of California is selling off $2 billion in business-purpose mortgage loans acquired from PacWest Bank.
The Morning Risk Report: Citigroup Facing New Regulatory Knock on Its Living WillA banking regulator is expected to downgrade Citigroup's living-will plan rating, indicating ongoing struggles with regulatory compliance.