ABA Fraudcast: One community bank’s fight against a mass text scam

President Trump has signed into law an ABA-championed resolution overturning the CFPB’s limits on overdraft fees.

The CFPB announced it is rescinding dozens of guidance documents on topics such as fair lending, overdraft fees, disclosure policies and consumer information requests to large banks and credit unions.

Acting Comptroller Rodney Hood outlined his top priorities for the OCC, including efforts to promote financial inclusion and expand the banks’ ability to provide cryptocurrency services.

As independently owned and operated small businesses, fast-food restaurant franchisees have unique business needs. They have mobile and often part-time workforces, complex inventory management and the constant challenge of managing both a small business and being the face...

OCC issued an interim final rule restoring its streamlined process for reviewing bank merger applications and rescinding other changes criticized by banks and lawmakers.

While the majority of debit card compromises still occur at nonbank ATMs, bank ATMs currently represent 27% of compromise locations, according to FICO.