CFPB claims ‘complex’ pricing drives up cost of financial products
The CFPB published research alleging that when financial institutions attach “complex” pricing conditions to products such as credit cards and ...
Tag: Checking accounts
ABA, U.S. Postal Inspection Service launch effort to combat check fraud
ABA and the U.S. Postal Inspection Service announced a new joint initiative to combat the rapid rise in check fraud.
Closing the book on account closures
The reality behind account closures is complicated and driven by the nation’s interest in protecting the financial system from a ...
CFPB proposes to apply Reg Z requirements to overdraft protection at large, midsize banks
In a backdoor move to impose a de facto price cap on overdraft fees, the CFPB today proposed to apply ...
Check fraud in America: a persistent challenge for banks amid evolving threats
The best defense is looking at check fraud and other fraud types holistically within your bank by creating a fusion ...
Marketing Money Podcast: Checks in red ink do not cash
A simple story about a simple check shows how much even routine customer-facing policies can matter.
ABA expert: Banks can’t fight check fraud alone
Check fraud is big problem that’s getting worse, American Bankers Association SVP Paul Benda told CNBC for a recent news ...
Combating check fraud: Still a major challenge in the digital age
Innovations in account registration have given fraudsters just as much convenience as customers. Although check use is not as common ...
J.D. Power survey: Direct banks grow popularity through customer service
As more of our lives continue to shift to digitally based providers, direct banks are in a position to gain ...
Consumer Choice in Bank Deposit Products
Digging into the data showing that the market for deposits is highly competitive.
